Supplementary Data of Consolidated Financial Statements for the Second Quarter Ended September 30, 2025 (IFRS Basis) October 27, 2025 NITTO DENKO CORPORATION CONTENTS Page
Business Results and Forecasts 1
Revenue and Operating Profit by Segment 2
Segment Revenue by Location (Sell from) 3
Revenue to Customers outside Japan 4
（Note
In the amounts of money in this document, fractions below the shown figures are omitted. Percentages(%) are rounded to the nearest decimal point.
In this document, year-on-year changes from same period in the previous year are shown as YoY, quarter-on-quarter changes from the previous quarter are shown as QoQ, and half-on-half changes from the previous half are shown as HoH.
Forward-looking statements such as those relating to earnings forecasts and other projections contained in this material are management's current assumptions and beliefs based on currently available information. Such forward-looking statements are subject to a number of risks, uncertainties and other factors. Accordingly, actual results may differ materially from those projected due to various factors.
(Millions of yen)
Revenue | Operating Profit | Profit before Income Taxes | Net Profit attributable to owners of the parent company | ||
2Q, FY2024 (Jul.-Sep.) | Results | 272,412 | 58,570 | 58,332 | 43,847 |
1H, FY2024 (Apr.-Sep.) | 521,723 | 109,267 | 108,932 | 79,975 | |
2H, FY2024 (Oct.-Mar.) | 492,154 | 76,400 | 76,397 | 57,261 | |
1Q, FY2025 (Apr.-Jun.) | 246,192 | 42,645 | 43,307 | 31,303 | |
2Q, FY2025 (Jul.-Sep.) | 267,377 | 51,859 | 51,859 | 37,623 | |
YoY (%) | (1.8) | (11.5) | (11.1) | (14.2) | |
QoQ (%) | 8.6 | 21.6 | 19.7 | 20.2 | |
1H, FY2025 (Apr.-Sep.) | Results | 513,569 | 94,504 | 95,167 | 68,926 |
YoY (%) | (1.6) | (13.5) | (12.6) | (13.8) | |
Change from Forecasts as of Jul. 28 (%) | 2.7 | 5.0 | 5.7 | 4.4 | |
1H, FY2025 (Apr.-Sep.) | Forecasts as of Jul. 28 | 500,000 | 90,000 | 90,000 | 66,000 |
2H, FY2025 (Oct.-Mar.) | 484,000 | 80,000 | 80,000 | 59,000 | |
FY2025 | 984,000 | 170,000 | 170,000 | 125,000 | |
2H, FY2025 (Oct.-Mar.) | Forecasts as of Oct. 27 | 481,430 | 78,495 | 77,832 | 57,073 |
FY2025 | 995,000 | 173,000 | 173,000 | 126,000 | |
(Millions of yen)
Capital Expenditure | Depreciation and Amortization | R&D Expenditure | ||
FY2024 | Results | 92,976 | 65,595 | 46,771 |
1H, FY2025 (Apr.-Sep.) | 33,476 | 34,481 | 23,286 | |
FY2025 | Forecasts as of Jul. 28 | 120,000 | 71,000 | 47,000 |
Forecasts as of Oct. 27 | 120,000 | 71,000 | 47,000 | |
(Yen/1US$)
Exchange Rate | 1Q (Apr.-Jun.) | 2Q (Jul.-Sep.) | 3Q (Oct.-Dec.) | 4Q (Jan.-Mar.) | Full-year |
Results FY2024 | 154.6 | 152.9 | 150.1 | 154.3 | 152.9 |
Results FY2025 | 145.7 | 146.9 | |||
Forecasts FY2025 as of Jul. 28 | 146.3 | 146.0 | 146.0 | 146.0 | |
Forecasts FY2025 as of Oct. 27 | 147.6 | 143.8 | 146.0 |
- 1 -
Business Results and Forecasts
Revenue and Operating Profit by Segment
(Millions of yen)
Results | Forecasts | ||||||||||||||||||||||||
FY2024 | FY2025 | FY2025 as of Jul. 28 | FY2025 as of Oct. 27 | ||||||||||||||||||||||
1Q (Apr.-Jun.) | 2Q (Jul.-Sep.) | 1H (Apr.-Sep.) | 3Q (Oct.-Dec.) | 4Q (Jan.-Mar.) | 2H (Oct.-Mar.) | Full-year | 1Q (Apr.-Jun.) | 2Q (Jul.-Sep.) | 1H (Apr.-Sep.) | 1H (Apr.-Sep.) | 2H (Oct.-Mar.) | Full-year | 2H (Oct.-Mar.) | Full-year | |||||||||||
YoY (%) | QoQ (%) | YoY (%) | Change from Forecasts as of Jul. 28 (%) | YoY (%) | Change from Forecasts as of Jul. 28 (%) | YoY (%) | Change from Forecasts as of Jul. 28 (%) | ||||||||||||||||||
Industrial Tape | Revenue | 85,339 | 91,361 | 176,701 | 90,234 | 84,893 | 175,128 | 351,829 | 85,780 | 93,408 | 2.2 | 8.9 | 179,189 | 1.4 | 1.2 | 177,000 | 174,500 | 351,500 | 174,310 | (0.5) | (0.1) | 353,500 | 0.5 | 0.6 | |
Operating Profit | 11,260 | 14,015 | 25,275 | 12,435 | 8,152 | 20,588 | 45,864 | 9,871 | 13,812 | (1.4) | 39.9 | 23,683 | (6.3) | 5.3 | 22,500 | 24,000 | 46,500 | 23,316 | 13.2 | (2.8) | 47,000 | 2.5 | 1.1 | ||
Optronics | Information Fine Materials | 105,382 | 108,380 | 213,762 | 103,171 | 90,719 | 193,891 | 407,654 | 99,528 | 100,572 | (7.2) | 1.0 | 200,101 | (6.4) | 2.1 | 196,000 | 183,000 | 379,000 | 182,898 | (5.7) | (0.1) | 383,000 | (6.0) | 1.1 | |
Circuit Materials | 30,381 | 42,073 | 72,454 | 32,798 | 29,086 | 61,884 | 134,339 | 31,013 | 38,745 | (7.9) | 24.9 | 69,758 | (3.7) | 4.9 | 66,500 | 58,000 | 124,500 | 57,741 | (6.7) | (0.4) | 127,500 | (5.1) | 2.4 | ||
Revenue | 135,763 | 150,454 | 286,217 | 135,970 | 119,805 | 255,775 | 541,993 | 130,541 | 139,318 | (7.4) | 6.7 | 269,859 | (5.7) | 2.8 | 262,500 | 241,000 | 503,500 | 240,640 | (5.9) | (0.1) | 510,500 | (5.8) | 1.4 | ||
Operating Profit | 45,609 | 50,526 | 96,136 | 41,759 | 35,221 | 76,980 | 173,117 | 36,755 | 40,331 | (20.2) | 9.7 | 77,086 | (19.8) | 2.1 | 75,500 | 64,500 | 140,000 | 64,413 | (16.3) | (0.1) | 141,500 | (18.3) | 1.1 | ||
Human Life | Life Science | 10,173 | 10,857 | 21,031 | 11,919 | 11,578 | 23,498 | 44,529 | 10,428 | 14,559 | 34.1 | 39.6 | 24,988 | 18.8 | 2.0 | 24,500 | 28,500 | 53,000 | 28,511 | 21.3 | 0.0 | 53,500 | 20.1 | 0.9 | |
Membrane | 8,256 | 9,202 | 17,458 | 9,163 | 8,048 | 17,212 | 34,671 | 8,596 | 8,143 | (11.5) | (5.3) | 16,740 | (4.1) | 4.6 | 16,000 | 18,000 | 34,000 | 17,259 | 0.3 | (4.1) | 34,000 | (1.9) | 0.0 | ||
Personal Care Materials | 13,141 | 13,765 | 26,907 | 12,535 | 13,768 | 26,304 | 53,211 | 13,450 | 14,439 | 4.9 | 7.3 | 27,890 | 3.7 | 5.2 | 26,500 | 26,000 | 52,500 | 26,109 | (0.7) | 0.4 | 54,000 | 1.5 | 2.9 | ||
Revenue | 31,571 | 33,825 | 65,397 | 33,618 | 33,396 | 67,014 | 132,411 | 32,476 | 37,143 | 9.8 | 14.4 | 69,619 | 6.5 | 3.9 | 67,000 | 72,500 | 139,500 | 71,880 | 7.3 | (0.9) | 141,500 | 6.9 | 1.4 | ||
Operating Profit | (3,140) | (1,341) | (4,482) | (1,241) | (5,995) | (7,236) | (11,718) | (1,630) | 31 | - | - | (1,598) | - | - | (3,000) | 1,000 | (2,000) | 598 | - | (40.1) | (1,000) | - | - | ||
Others | Revenue | 1 | 0 | 1 | 1 | 16 | 18 | 19 | 3 | 5 | 770.7 | 63.4 | 8 | 372.9 | - | - | - | - | (8) | - | - | - | - | - | |
Operating Profit | (1,756) | (1,831) | (3,587) | (6,897) | (1,744) | (8,641) | (12,229) | (1,700) | (1,789) | - | - | (3,490) | - | - | (4,000) | (4,000) | (8,000) | (4,009) | - | - | (7,500) | - | - | ||
Adjustment | Revenue | (3,364) | (3,229) | (6,594) | (3,263) | (2,518) | (5,781) | (12,376) | (2,609) | (2,498) | - | - | (5,107) | - | - | (6,500) | (4,000) | (10,500) | (5,392) | - | - | (10,500) | - | - | |
Operating Profit | (1,277) | (2,797) | (4,075) | (2,389) | (2,901) | (5,290) | (9,365) | (650) | (526) | - | - | (1,176) | - | - | (1,000) | (5,500) | (6,500) | (5,823) | - | - | (7,000) | - | - | ||
Total | Revenue | 249,310 | 272,412 | 521,723 | 256,562 | 235,592 | 492,154 | 1,013,878 | 246,192 | 267,377 | (1.8) | 8.6 | 513,569 | (1.6) | 2.7 | 500,000 | 484,000 | 984,000 | 481,430 | (2.2) | (0.5) | 995,000 | (1.9) | 1.1 | |
Operating Profit | 50,696 | 58,570 | 109,267 | 43,667 | 32,732 | 76,400 | 185,667 | 42,645 | 51,859 | (11.5) | 21.6 | 94,504 | (13.5) | 5.0 | 90,000 | 80,000 | 170,000 | 78,495 | 2.7 | (1.9) | 173,000 | (6.8) | 1.8 | ||
(Yen/1US$)
Exchange Rate | 154.6 | 152.9 | 153.6 | 150.1 | 154.3 | 152.2 | 152.9 | 145.7 | 146.9 | 146.4 | 146.0 | 146.0 | 146.0 | 145.7 | 146.0 |
(Note) As a result of changes made to the management structure starting in FY2025, partial changes have been made to the classification of current reportable segments.
Such changes have been reflected in the figures for FY2024.
Segment Revenue by Location (Sell from)
(Millions of yen) ( % )
2Q, FY2024 (Jul.-Sep.) | 1Q, FY2025 (Apr.-Jun.) | 2Q, FY2025 (Jul.-Sep.) | ||||||||||||||
Japan | Americas | Europe | Asia & Oceania | Total | Japan | Americas | Europe | Asia & Oceania | Total | Japan | Americas | Europe | Asia & Oceania | Total | ||
Industrial Tape | 26,897 | 8,268 | 8,631 | 46,758 | 90,556 | 25,927 | 8,191 | 9,440 | 41,635 | 85,193 | 26,010 | 8,139 | 9,586 | 49,258 | 92,994 | |
Information Fine Materials | 7,050 | - | - | 100,769 | 107,820 | 3,706 | - | - | 95,516 | 99,223 | 3,836 | - | - | 96,295 | 100,131 | |
Circuit Materials | 18,732 | - | - | 22,857 | 41,589 | 9,149 | - | - | 21,449 | 30,598 | 11,341 | - | - | 26,896 | 38,237 | |
Optronics | 25,782 | - | - | 123,627 | 149,409 | 12,855 | - | - | 116,966 | 129,821 | 15,177 | - | - | 123,191 | 138,369 | |
Life Science | 1,112 | 8,461 | 4 | 0 | 9,578 | 981 | 8,286 | - | 0 | 9,268 | 1,194 | 12,221 | - | 0 | 13,415 | |
Membrane | 759 | 4,630 | 1,238 | 2,095 | 8,723 | 838 | 3,578 | 1,228 | 2,559 | 8,203 | 634 | 3,676 | 1,323 | 2,156 | 7,791 | |
Personal Care Materials | - | 940 | 12,665 | 126 | 13,733 | - | 934 | 12,381 | 114 | 13,430 | - | 1,033 | 13,239 | 137 | 14,410 | |
Human Life | 1,871 | 14,032 | 13,908 | 2,222 | 32,036 | 1,819 | 12,799 | 13,610 | 2,673 | 30,902 | 1,829 | 16,930 | 14,562 | 2,294 | 35,616 | |
Others | - | 0 | - | - | 0 | - | 3 | - | - | 3 | - | 5 | - | - | 5 | |
Adjustment | 400 | 9 | - | - | 410 | 271 | - | - | - | 271 | 390 | - | - | - | 390 | |
Revenue Total | 54,952 | 22,311 | 22,540 | 172,608 | 272,412 | 40,873 | 20,993 | 23,050 | 161,274 | 246,192 | 43,407 | 25,075 | 24,149 | 174,744 | 267,377 | |
YoY | QoQ | ||||||||
Japan | Americas | Europe | Asia & Oceania | Total | Japan | Americas | Europe | Asia & Oceania | Total |
(3.3) | (1.6) | 11.1 | 5.3 | 2.7 | 0.3 | (0.6) | 1.5 | 18.3 | 9.2 |
(45.6) | - | - | (4.4) | (7.1) | 3.5 | - | - | 0.8 | 0.9 |
(39.5) | - | - | 17.7 | (8.1) | 24.0 | - | - | 25.4 | 25.0 |
(41.1) | - | - | (0.4) | (7.4) | 18.1 | - | - | 5.3 | 6.6 |
7.4 | 44.4 | - | - | 40.1 | 21.7 | 47.5 | - | (18.9) | 44.7 |
(16.4) | (20.6) | 6.8 | 2.9 | (10.7) | (24.3) | 2.7 | 7.7 | (15.7) | (5.0) |
- | 9.9 | 4.5 | 8.0 | 4.9 | - | 10.6 | 6.9 | 19.9 | 7.3 |
(2.3) | 20.7 | 4.7 | 3.2 | 11.2 | 0.5 | 32.3 | 7.0 | (14.2) | 15.3 |
- | 770.7 | - | - | 770.7 | - | 63.4 | - | - | 63.4 |
(2.3) | - | - | - | (4.7) | 43.8 | - | - | - | 43.8 |
(21.0) | 12.4 | 7.1 | 1.2 | (1.8) | 6.2 | 19.4 | 4.8 | 8.4 | 8.6 |
(Millions of yen) ( % )
1H, FY2024 (Apr.-Sep.) | 2H, FY2024 (Oct.-Mar.) | 1H, FY2025 (Apr.-Sep.) | ||||||||||||||
Japan | Americas | Europe | Asia & Oceania | Total | Japan | Americas | Europe | Asia & Oceania | Total | Japan | Americas | Europe | Asia & Oceania | Total | ||
Industrial Tape | 52,603 | 17,287 | 17,698 | 87,510 | 175,100 | 54,606 | 16,737 | 17,719 | 84,795 | 173,859 | 51,937 | 16,330 | 19,026 | 90,893 | 178,188 | |
Information Fine Materials | 14,046 | - | - | 198,486 | 212,532 | 6,697 | - | - | 186,204 | 192,902 | 7,542 | - | - | 191,812 | 199,354 | |
Circuit Materials | 32,223 | - | - | 39,200 | 71,423 | 24,381 | - | - | 36,612 | 60,993 | 20,490 | - | - | 48,346 | 68,836 | |
Optronics | 46,269 | - | - | 237,687 | 283,956 | 31,079 | - | - | 222,816 | 253,895 | 28,033 | - | - | 240,158 | 268,191 | |
Life Science | 1,994 | 16,621 | 4 | 0 | 18,620 | 2,055 | 18,834 | 2 | 0 | 20,891 | 2,175 | 20,507 | - | 0 | 22,683 | |
Membrane | 1,357 | 8,438 | 2,571 | 4,210 | 16,578 | 1,420 | 8,424 | 2,174 | 4,436 | 16,456 | 1,472 | 7,254 | 2,551 | 4,715 | 15,994 | |
Personal Care Materials | - | 1,925 | 24,642 | 212 | 26,780 | - | 1,811 | 24,120 | 310 | 26,242 | - | 1,967 | 25,621 | 251 | 27,841 | |
Human Life | 3,352 | 26,985 | 27,218 | 4,423 | 61,979 | 3,476 | 29,070 | 26,296 | 4,747 | 63,591 | 3,648 | 29,730 | 28,173 | 4,967 | 66,519 | |
Others | - | 1 | - | - | 1 | 0 | 1 | - | 16 | 18 | - | 8 | - | - | 8 | |
Adjustment | 674 | 9 | - | - | 684 | 790 | (0) | - | - | 790 | 662 | - | - | - | 662 | |
Revenue Total | 102,899 | 44,284 | 44,917 | 329,621 | 521,723 | 89,952 | 45,809 | 44,016 | 312,376 | 492,154 | 84,281 | 46,068 | 47,199 | 336,019 | 513,569 | |
YoY | HoH | ||||||||
Japan | Americas | Europe | Asia & Oceania | Total | Japan | Americas | Europe | Asia & Oceania | Total |
(1.3) | (5.5) | 7.5 | 3.9 | 1.8 | (4.9) | (2.4) | 7.4 | 7.2 | 2.5 |
(46.3) | - | - | (3.4) | (6.2) | 12.6 | - | - | 3.0 | 3.3 |
(36.4) | - | - | 23.3 | (3.6) | (16.0) | - | - | 32.0 | 12.9 |
(39.4) | - | - | 1.0 | (5.6) | (9.8) | - | - | 7.8 | 5.6 |
9.1 | 23.4 | - | - | 21.8 | 5.8 | 8.9 | - | - | 8.6 |
8.5 | (14.0) | (0.8) | 12.0 | (3.5) | 3.7 | (13.9) | 17.3 | 6.3 | (2.8) |
- | 2.2 | 4.0 | 18.1 | 4.0 | - | 8.6 | 6.2 | (19.2) | 6.1 |
8.8 | 10.2 | 3.5 | 12.3 | 7.3 | 5.0 | 2.3 | 7.1 | 4.6 | 4.6 |
- | 372.9 | - | - | 372.9 | - | 390.9 | - | - | (53.4) |
(1.8) | - | - | - | (3.2) | (16.2) | - | - | - | (16.2) |
(18.1) | 4.0 | 5.1 | 1.9 | (1.6) | (6.3) | 0.6 | 7.2 | 7.6 | 4.4 |
(Note)
Major countries or regions excluding Japan are represented as follows: Americas : U.S.A., Mexico, Brazil
Europe : Belgium, France, Germany, Sweden, Turkey
Asia & Oceania : China, Korea, Taiwan, Singapore, Malaysia, Hong Kong, Thailand, Vietnam
As a result of changes made to the management structure starting in FY2025, partial changes have been made to the classification of current reportable segments. Such changes have been reflected in the figures for FY2024.
Revenue to Customers outside Japan
(Millions of yen) (%)
2Q, FY2024 (Jul.-Sep.) | 1Q, FY2025 (Apr.-Jun.) | 2Q, FY2025 (Jul.-Sep.) | ||||||||||||||||
Americas | Europe | Asia & Oceania | Others | Total | Americas | Europe | Asia & Oceania | Others | Total | Americas | Europe | Asia & Oceania | Others | Total | ||||
China | China | China | ||||||||||||||||
Revenue to Customers outside Japan | 19,433 | 22,598 | 188,744 | 110,269 | 1,109 | 231,885 | 19,124 | 23,162 | 167,410 | 104,266 | 908 | 210,606 | 23,222 | 23,208 | 184,292 | 114,168 | 1,628 | 232,352 |
Consolidated Revenue | 272,412 | 246,192 | 267,377 | |||||||||||||||
YoY | QoQ | ||||||||||
Americas | Europe | Asia & Oceania | Others | Total | Americas | Europe | Asia & Oceania | Others | Total | ||
China | China | ||||||||||
19.5 | 2.7 | (2.4) | 3.5 | 46.8 | 0.2 | 21.4 | 0.2 | 10.1 | 9.5 | 79.2 | 10.3 |
(1.8) | 8.6 | ||||||||||
(%) (pt)
Ratio to Consolidated Revenue | 7.1 | 8.3 | 69.3 | 40.5 | 0.4 | 85.1 | 7.8 | 9.4 | 68.0 | 42.4 | 0.4 | 85.5 | 8.7 | 8.7 | 68.9 | 42.7 | 0.6 | 86.9 |
1.6 | 0.4 | (0.4) | 2.2 | 0.2 | 1.8 | 0.9 | (0.7) | 0.9 | 0.3 | 0.2 | 1.4 |
(Millions of yen) (%)
1H, FY2024 (Apr.-Sep.) | 2H, FY2024 (Oct.-Mar.) | 1H, FY2025 (Apr.-Sep.) | ||||||||||||||||
Americas | Europe | Asia & Oceania | Others | Total | Americas | Europe | Asia & Oceania | Others | Total | Americas | Europe | Asia & Oceania | Others | Total | ||||
China | China | China | ||||||||||||||||
Revenue to Customers outside Japan | 39,501 | 44,447 | 354,560 | 202,659 | 2,302 | 440,812 | 37,794 | 46,297 | 330,469 | 202,456 | 2,001 | 416,563 | 42,347 | 46,371 | 351,703 | 218,435 | 2,537 | 442,959 |
Consolidated Revenue | 521,723 | 492,154 | 513,569 | |||||||||||||||
YoY | HoH | ||||||||||
Americas | Europe | Asia & Oceania | Others | Total | Americas | Europe | Asia & Oceania | Others | Total | ||
China | China | ||||||||||
7.2 | 4.3 | (0.8) | 7.8 | 10.2 | 0.5 | 12.0 | 0.2 | 6.4 | 7.9 | 26.7 | 6.3 |
(1.6) | 4.4 | ||||||||||
(%) (pt)
Ratio to Consolidated Revenue | 7.6 | 8.5 | 68.0 | 38.8 | 0.4 | 84.5 | 7.7 | 9.4 | 67.1 | 41.1 | 0.4 | 84.6 | 8.2 | 9.0 | 68.5 | 42.5 | 0.5 | 86.3 |
0.6 | 0.5 | 0.5 | 3.7 | 0.1 | 1.8 | 0.5 | (0.4) | 1.4 | 1.4 | 0.1 | 1.7 |
y
(Note)
Major countries or regions are represented as follows: Americas : U.S.A., Mexico, Brazil
Europe: Belgium, France, Germany, Sweden, Turkey
Asia & Oceania : China, Korea, Taiwan, Singapore, Malaysia, Hong Kong, Thailand, Vietnam Others: African countries
Revenue to customers outside Japan is the revenue from customers outside Japan by the Company and its consolidated subsidiaries.