Nitto Denko posts FY2026 operating profit slightly below guidance, sets FY2027 target of ¥193 billion
Nitto Denko reported operating profit of ¥183.6 billion for the fiscal year ended March 2026, a 1% decline from the prior year and marginally under the company forecast. Management cited roughly ¥1.5 billion of special-factor charges. For the year ending March 2027 the firm projects operating profit of ¥193 billion, a 5% increase year-over-year, an…