Financial Summary FY2025

Date: April 27, 2026

Listed company name: Nitto Denko Corporation

Stock exchange listing: Tokyo Stock Exchange, Prime Market

Code Number: 6988 URL https://www.nitto.com/ Company Representative: Tatsuya Akagi, President

Contact Person: Yasuhiro Iseyama, Senior Executive Vice President, Director of Corporate Accounting & Finance Division Phone: +81-6-7632-2101

Date of the general shareholders' meeting June 19, 2026 Estimated starting date of dividend paying June 22, 2026 Filing date of financial statements June 17, 2026 Preparation of supplementary explanatory materials: Yes

Holding of quarterly earnings release conference: Yes (for investment analysts and institutional investors)

(All monetary values noted herein are rounded down to the nearest million yen)

1. Consolidated financial results for the year ended March 31, 2026

   1. Operating results (% of change from same period in the previous year)

      	Revenue		Operating profit		Profit before income taxes		Net profit		Net profit attributable to owners of the parent company		Total comprehensive income
      For the year ended March 31, 2026 For the year ended March 31, 2025	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%
      	1,028,171 1,013,878	1.4 10.8	183,615 185,667	(1.1) 33.4	184,976 185,329	(0.2) 33.4	133,537 137,307	(2.7) 33.6	133,498 137,237	(2.7) 33.7	203,629 132,869	53.3 (19.4)

      	Basic earnings per share	Diluted earnings per share	Return on equity attributable to owners of the parent company	Net profit to total assets	Operating profit to revenue
      For the year ended March 31, 2026 For the year ended March 31, 2025	Yen	Yen	%	%	%
      	197.20 195.74	197.11 195.65	12.2 13.5	13.4 14.4	17.9 18.3

      (Reference) Share of profit of investments accounted for using the equity method:

      (For the year ended March 31, 2026) 147 million yen (For the year ended March 31, 2025) (108) million yen

      (Note) The Company has implemented the stock split with an effective date of October 1, 2024 and a record date of September 30, 2024. Each share of common stock has been split into five shares. The above basic and diluted earnings per share for the year ended March 31, 2025 and 2026 are based on the assumption that the stock split is conducted at the beginning of the fiscal year ended March 31, 2025.

   2. Financial position

      	Total assets	Total equity	Equity attributable to owners of the parent company	Ratio of equity attributable to owners of the parent company to total assets	Equity attributable to owners of the parent company per share
      As of the year ended March 31, 2026 As of the year ended March 31, 2025	Millions of yen	Millions of yen	Millions of yen	%	Yen
      	1,441,757 1,321,920	1,149,103 1,045,114	1,148,027 1,044,083	79.6 79.0	1,704.17 1,502.42

      (Note) The Company has implemented the stock split with an effective date of October 1, 2024 and a record date of September 30, 2024. Each share of common stock has been split into five shares. The above equity attributable to owners of the parent company per share for the year ended March 31, 2025 and 2026 are based on the assumption that the stock split is conducted at the beginning of the fiscal year ended March 31, 2025.

   3. Cash flows

      	Cash flows from operating activities	Cash flows from investing activities	Cash flows from financing activities	Cash and cash equivalents at the end of period
      For the year ended March 31, 2026 For the year ended March 31, 2025	Millions of yen	Millions of yen	Millions of yen	Millions of yen
      	192,183 217,908	(107,436) (115,105)	(106,597) (78,890)	359,805 363,344

2. Dividends

   	Dividends per share					Dividends total (Annual)	Dividend payout ratio (Consolidated)	Dividends to equity attributable to owners of the parent company (Consolidated)
   	1Q	2Q	3Q	Year-end	Annual
   March, 2025 March, 2026	Yen - -	Yen 140.00 30.00	Yen - -	Yen 28.00 30.00	Yen -60.00	Millions of yen 39,110 40,419	% 28.6 30.4	% 3.9 3.7
   (Forecast) March, 2027	-	32.00	-	32.00	64.00		30.6

   (Note) The Company has implemented the stock split with an effective date of October 1, 2024 and a record date of September 30, 2024. Each share of common stock has been split into five shares. The above year-end dividend per share for the fiscal year ended March 31, 2025 is based on a number of shares taking into account the stock split. The total annual dividend per share for the fiscal year ended March 31, 2025 is not presented because the total of the interim dividend and the year-end dividend cannot be calculated due to effect of the stock split. With taking the stock split into account, the interim dividend per share for the fiscal year ended March 31, 2025 would be 28 yen and the total annual dividend per share for the fiscal year ended March 31, 2025 would be 56 yen.

3. Forecast for the fiscal year ending March 31, 2027

(% of change from same period in the previous year)

• Others

  1. Changes in significant subsidiaries during this fiscal year: No

  2. Changes in accounting policies applied and changes in accounting estimates

     1. Changes in accounting policies required by IFRS: No

     2. Changes in accounting policies other than the above: No

     3. Changes in accounting estimates: No

  3. Number of issued shares (Common stock)

     1. Number of issued shares at the end of the period (including treasury shares)

        As of March 31, 2026: 678,659,700 As of March 31, 2025: 706,760,750

     2. Number of treasury shares at the end of the period

        As of March 31, 2026: 4,999,950 As of March 31, 2025: 11,826,050

     3. Average number of issued shares during the period (cumulative from the beginning of the period)

For the year ended March 31, 2026: 676,979,122 For the year ended March 31, 2025: 701,124,380

(Note) The Company has implemented the stock split with an effective date of October 1, 2024 and a record date of September 30, 2024. Each share of common stock has been split into five shares. The above "Number of issued shares at the end of the period", "Number of treasury shares at the end of the period" and "Average number of issued shares during the period" are based on the assumption that the stock split is conducted at the beginning of the fiscal year ended March 31, 2025.

(Reference) Non-consolidated financial results for the year ended March 31, 2026

1. Operating results (% of change from previous year)

   	Net sales		Operating profit		Ordinary profit		Net profit
   For the year ended March 31, 2026 For the year ended March 31, 2025	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%
   	576,097 598,416	(3.7) 15.4	106,522 122,014	(12.7) 38.0	125,083 131,046	(4.6) 39.0	95,589 94,998	0.6 26.9

   	Net profit per share - Basic	Net profit per share - Diluted
   	Yen	Yen
   For the year ended March 31, 2026	141.20	141.14
   For the year ended March 31, 2025	135.50	135.44

   (Note) The Company has implemented the stock split with an effective date of October 1, 2024 and a record date of September 30, 2024. Each share of common stock has been split into five shares. The above basic and diluted net profit per share are based on the assumption that the stock split is conducted at the beginning of the fiscal year ended March 31, 2025.

2. Financial position

   	Total assets	Net assets	Ratio of shareholder's equity to total assets	Net assets per share
   	Millions of yen	Millions of yen	%	Yen
   As of the year ended March 31, 2026	840,085	533,980	63.5	792.22
   As of the year ended March 31, 2025	824,328	537,478	65.2	773.00

   (Reference) Shareholders' equity: (March 31, 2026) 533,687 million yen (March 31, 2025) 537,185 million yen

   (Note) The Company has implemented the stock split with an effective date of October 1, 2024 and a record date of September 30, 2024. Each share of common stock has been split into five shares. The above net assets per share is based on the assumption that the stock split is conducted at the beginning of the fiscal year ended March 31, 2025.

   • This summary is not subject to audit procedures by Certified Public Accountants or audit firm.

   • Explanations for adequate utilization of the forecast and other special matters

The forward-looking statements shown in this report, including the forecast, are prepared based on information available to the Company and on certain assumptions deemed reasonable as of the issuing date of the report. Consequently, the statements herein do not constitute promises regarding actual results by the Company. Actual results may differ materially from forecasted figures due to various unknown factors.

(Reference) Segment Information (Millions of yen)

For the year ended March 31, 2025

For the year ended March 31, 2026

Industrial Tape

Optronics

Human Life

Others Adjustment

Total

Revenue Revenue Y-o-Y (%)

Revenue 351,829 366,607 104.2

Operating profit 45,864 51,662 112.6

Information Fine Materials 407,654 386,234 94.7

Circuits Materials 134,339 141,577 105.4

Total 541,993 527,812 97.4

Operating profit 173,117 149,871 86.6

Life Science 44,529 54,011 121.3

Membrane 34,671 33,409 96.4

Personal Care Materials 53,211 56,280 105.8

Total 132,411 143,702 108.5

Operating profit (11,718) (5,041) -

Revenue 19 11 59.4

Operating profit (12,229) (6,971) -

Revenue (12,376) (9,961) -

Operating profit (9,365) (5,905) -

Revenue 1,013,878 1,028,171 101.4

Operating profit 185,667 183,615 98.9

(Note) As a result of changes in the management structure for the year ended March 31, 2026, some changes have been made to reporting segments. Such changes have been reflected in the figures for the year ended March 31, 2025.

1. Consolidated Financial Statements

   1. Consolidated statement of financial position

      (Millions of yen)

      As of the year ended March 31, 2025

      As of the year ended March 31, 2026

      Assets

      Current assets

      Cash and cash equivalents	363,344		359,805
      Trade and other receivables	210,418		231,880
      Inventories	142,932		157,870
      Other financial assets	7,732		19,436
      Other current assets	25,781		28,301
      Total current assets	750,209		797,294
      Noncurrent assets
      Property, plant and equipment	417,636		466,960
      Right-of-use assets	19,058		20,608
      Goodwill	57,167		64,125
      Intangible assets	17,026		16,942
      Investments accounted for using equity method	7,319		6,687
      Financial assets	11,096		13,516
      Deferred tax assets	17,873		19,095
      Other noncurrent assets	24,533		36,526
      Total noncurrent assets	571,711		644,463
      Total assets	1,321,920		1,441,757

      (Millions of yen)

      As of the year ended March 31, 2025

      As of the year ended March 31, 2026

      Liabilities and equity Liabilities

      Current liabilities

      Trade and other payables	100,508		103,605
      Borrowings	455		-
      Income tax payables	28,183		17,932
      Other financial liabilities	36,102		39,828
      Other current liabilities	56,485		64,604
      Total current liabilities	221,735		225,970
      Noncurrent liabilities
      Other financial liabilities	20,160		21,711
      Defined benefit liabilities	28,991		29,809
      Deferred tax liabilities	3,856		11,780
      Other noncurrent liabilities	2,062		3,381
      Total noncurrent liabilities	55,070		66,683
      Total liabilities	276,806		292,653

      Equity

      Equity attributable to owners of the parent company

      Share capital	26,783	26,783
      Capital surplus	49,934	49,934
      Retained earnings	890,040	912,008
      Treasury shares	(31,799)	(13,849)
      Other components of equity	109,124	173,150
      Total equity attributable to owners of the parent company	1,044,083	1,148,027
      Noncontrolling interests	1,031		1,075
      Total equity	1,045,114		1,149,103
      Total liabilities and equity	1,321,920		1,441,757

   2. Consolidated statement of profit or loss and consolidated statement of comprehensive income (Consolidated statement of profit or loss)

      (Millions of yen)

      For the year ended For the year ended

      	March 31, 2025		March 31, 2026
      Revenue	1,013,878		1,028,171
      Cost of sales	618,365		637,408
      Gross profit	395,513		390,763
      Selling, general and administrative expenses	151,835		156,322
      Research and development expenses	46,771		48,025
      Other income	11,827		12,571
      Other expenses	23,066		15,371
      Operating profit	185,667		183,615
      Finance income	2,901		3,258
      Finance expenses	3,131		2,045
      Share of profit of investments accounted for using the equity method	(108)		147
      Profit before income taxes	185,329		184,976
      Income tax expenses	48,021		51,438
      Net profit	137,307		133,537
      Net profit attributable to:
      Owners of the parent company	137,237		133,498
      Noncontrolling interests	70		38
      Total	137,307		133,537

      Earnings per share attributable to owners of the parent company

      Basic earnings per share (Yen)	195.74	197.20
      Diluted earnings per share (Yen)	195.65	197.11

      (Consolidated statement of comprehensive income)

      (Millions of yen)

      For the year ended March 31, 2025

      For the year ended March 31, 2026

      Net profit 137,307 133,537

      Other comprehensive income

      Items that will not be reclassified to profit or loss

      Net changes on financial assets measured at fair value

      through other comprehensive income

      (12) 103

      Remeasurement of defined benefit liability 9,066 5,963 Items that may be reclassified to profit or loss

      Exchange differences on translation of foreign

      operations

      (13,453) 63,723

      Net changes in fair value of cash flow hedges 0 (0) Share of other comprehensive income of investments

      accounted for using equity method

      (39) 302

      Total other comprehensive income	(4,438)		70,092
      Total comprehensive income	132,869		203,629
      Total comprehensive income attributable to: Owners of the parent company	132,783		203,566
      Noncontrolling interests	86		63
      Total	132,869		203,629

   3. Consolidated statement of changes in equity For the year ended March 31, 2025

Equity attributable to owners of the parent company

(Millions of yen)

Share capital

Capital surplus

Retained earnings

Treasury shares

Other components

Total

Noncontrolling

Total equity

For the year ended March 31, 2026

Equity attributable to owners of the parent company

(Millions of yen)

Cash flows from investing activities

Purchase of property, plant and equipment and intangible assets

(106,003) (96,607)

(Segment information)

1. Outline of reportable segments

   Reportable segments of the Group are determined as segments whose separate financial information is available among the constituent units of the Group and which are regularly used by the Board of Directors, the chief operating decision maker, to determine the allocation of management resources and to evaluate their business results.

   The Group has divisions by product, and each division develops comprehensive domestic and overseas strategies for its products and conducts business activities.

   The Group's segments are based on three product divisions, and its three reportable segments are the Industrial Tape segment, the Optronics segment and the Human Life segment. Each reportable segment is grouped into one operating segment based on similarities in products, markets, and other aspects.

   Operating segment	Major products or business
   Industrial Tape	Functional Base Products (bonding and joining products, protective materials, processing materials, automotive products, etc.)
   Optronics	Information Fine Materials (optical films, etc.), Circuits Materials (CIS (Circuit Integrated Suspension), high-precision circuits, etc.)
   Human Life	Life Science (oligonucleotide contract manufacturing business, nucleic acid synthesis materials, nucleic acid drug discovery, medical products, etc.), Membrane (high-polymer separation membrane), Personal Care Materials (functional film for hygienic materials, etc.)
   Others	New Business, Other Products

   Intersegment revenue is based on prevailing market prices. Major products for each segment

2. Information regarding revenue, profit or loss, assets, and other items by segments Segment information regarding the Group's reportable segments is as follows.

   For the year ended March 31, 2025

   Reportable segments

   (Millions of yen)

   Figures in

   Industrial Optronics Human Life Total Tape

   Others Total Adjustment

   consolidated statement of profit or loss

   Revenue from external customers	348,960	537,852	125,570	1,012,383	19	1,012,403	1,475	1,013,878
   Intersegment revenue	2,869	4,141	6,841	13,851	-	13,851	(13,851)	-
   Total segment revenue	351,829	541,993	132,411	1,026,234	19	1,026,254	(12,376)	1,013,878
   Operating profit (loss)	45,864	173,117	(11,718)	207,262	(12,229)	195,033	(9,365)	185,667
   Finance income								2,901
   Finance expenses Share of profit of investments accounted for using the equity method								(3,131) (108)
   Profit before income taxes								185,329
   Segment assets Other items:	301,496	749,095	229,308	1,279,901	9,719	1,289,620	32,299	1,321,920
   Depreciation and amortization	18,451	27,263	11,562	57,277	864	58,141	7,454	65,595
   Impairment losses Increase in property, plant and equipment and	885 18,795	2,016 47,875	4,042 15,108	6,945 81,779	5,211 1,741	12,156 83,520	183 9,456	12,339 92,976

   intangible assets

   (Note) 1. Others is an operating segment that is not included in the reportable segments and consists of New Business.

   1. Adjustment of operating profit (loss) amounted to (9,365) million yen includes other incomes (losses) not allocated to each operating segment.

   2. Adjustment of segment assets amounted to 32,299 million yen includes Cash and cash equivalents, Property, plant and equipment and others not belonging to each operating segment.

   3. As a result of changes in the management structure for the year ended March 31, 2026, some changes have been made to reporting segments. Such changes have been reflected in the figures for the year ended March 31, 2025.

For the year ended March 31, 2026

Reportable segments

(Millions of yen) Figures in

Industrial Optronics Human Life Total Tape

Others Total Adjustment

consolidated statement of profit or loss

intangible assets

(Note) 1. Others is an operating segment that is not included in the reportable segments and consists of New Business.

1. Adjustment of operating profit (loss) amounted to (5,905) million yen includes other incomes (losses) not allocated to each operating segment.

2. Adjustment of segment assets amounted to 14,559 million yen includes Cash and cash equivalents, Property, plant and equipment and others not belonging to each operating segment.

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