Nitto Denko Corporation
Nitto Denko Corporation primarily engages in the adhesive tapes business in Japan, the Americas, Europe, Asia, and Oceania. It provides double sided tapes, surface protective films, sealing materials, masking tapes, membranes, FPD/touch panel related products, gasket materials, semiconductor manufacturing process products, flexible printed circuit boards, porous films/breathable materials, and pa… Read more
Nitto Denko Corporation (NDEKF) - Net Assets
Latest net assets as of December 2025: $1.11 Trillion USD
Based on the latest financial reports, Nitto Denko Corporation (NDEKF) has net assets worth $1.11 Trillion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.38 Trillion) and total liabilities ($273.36 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.11 Trillion |
| % of Total Assets | 80.18% |
| Annual Growth Rate | 6.97% |
| 5-Year Change | 45.83% |
| 10-Year Change | 69.14% |
| Growth Volatility | 6.44 |
Nitto Denko Corporation - Net Assets Trend (2005–2025)
This chart illustrates how Nitto Denko Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nitto Denko Corporation (2005–2025)
The table below shows the annual net assets of Nitto Denko Corporation from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $1.05 Trillion | +6.10% |
| 2024-03-31 | $985.05 Billion | +9.06% |
| 2023-03-31 | $903.19 Billion | +9.86% |
| 2022-03-31 | $822.11 Billion | +14.71% |
| 2021-03-31 | $716.68 Billion | +3.84% |
| 2020-03-31 | $690.20 Billion | -1.57% |
| 2019-03-31 | $701.19 Billion | +1.04% |
| 2018-03-31 | $693.99 Billion | +6.05% |
| 2017-03-31 | $654.42 Billion | +5.91% |
| 2016-03-31 | $617.89 Billion | +0.34% |
| 2015-03-31 | $615.78 Billion | +16.78% |
| 2014-03-31 | $527.30 Billion | +7.26% |
| 2013-03-31 | $491.63 Billion | +12.78% |
| 2012-03-31 | $435.94 Billion | +3.87% |
| 2011-03-31 | $419.67 Billion | +7.96% |
| 2010-03-31 | $388.72 Billion | +7.64% |
| 2009-03-31 | $361.13 Billion | -6.34% |
| 2008-03-31 | $385.59 Billion | +4.89% |
| 2007-03-31 | $367.61 Billion | +10.00% |
| 2006-03-31 | $334.21 Billion | +23.16% |
| 2005-03-31 | $271.36 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nitto Denko Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 288.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $890.04 Billion | 85.25% |
| Common Stock | $26.78 Billion | 2.57% |
| Other Components | $127.26 Billion | 12.19% |
| Total Equity | $1.04 Trillion | 100.00% |
Nitto Denko Corporation Competitors by Market Cap
The table below lists competitors of Nitto Denko Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Juniper Networks Inc
NYSE:JNPR
|
$13.18 Billion |
|
Quanta Computer Inc
PINK:QUCCF
|
$13.19 Billion |
|
ZoomLion
PINK:ZLIOY
|
$13.20 Billion |
|
China Everbright Bank Company Ltd
PINK:CEBCF
|
$13.21 Billion |
|
Korea Shipbuilding & Offshore Engineering Co Ltd
KO:009540
|
$13.16 Billion |
|
Tyler Technologies Inc
NYSE:TYL
|
$13.15 Billion |
|
NARI Technology Co Ltd
SHG:600406
|
$13.14 Billion |
|
TKO Group Holdings, Inc.
NYSE:TKO
|
$13.13 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nitto Denko Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 984,020,000,000 to 1,044,083,000,000, a change of 60,063,000,000 (6.1%).
- Net income of 137,237,000,000 contributed positively to equity growth.
- Dividend payments of 38,040,000,000 reduced retained earnings.
- Share repurchases of 35,062,000,000 reduced equity.
- Other comprehensive income decreased equity by 122,544,000,000.
- Other factors increased equity by 118,472,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $137.24 Billion | +13.14% |
| Dividends Paid | $38.04 Billion | -3.64% |
| Share Repurchases | $35.06 Billion | -3.36% |
| Other Comprehensive Income | $-122.54 Billion | -11.74% |
| Other Changes | $118.47 Billion | +11.35% |
| Total Change | $- | 6.10% |
Book Value vs Market Value Analysis
This analysis compares Nitto Denko Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.01x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | $1576.07 | $19.55 | x |
| 2006-03-31 | $1928.11 | $19.55 | x |
| 2007-03-31 | $2199.69 | $19.55 | x |
| 2008-03-31 | $2301.28 | $19.55 | x |
| 2009-03-31 | $2154.72 | $19.55 | x |
| 2010-03-31 | $2324.12 | $19.55 | x |
| 2011-03-31 | $2527.78 | $19.55 | x |
| 2012-03-31 | $2637.86 | $19.55 | x |
| 2013-03-31 | $2967.59 | $19.55 | x |
| 2014-03-31 | $3170.78 | $19.55 | x |
| 2015-03-31 | $3700.34 | $19.55 | x |
| 2016-03-31 | $3720.11 | $19.55 | x |
| 2017-03-31 | $4022.90 | $19.55 | x |
| 2018-03-31 | $4271.92 | $19.55 | x |
| 2019-03-31 | $4452.91 | $19.55 | x |
| 2020-03-31 | $4401.92 | $19.55 | x |
| 2021-03-31 | $4814.76 | $19.55 | x |
| 2022-03-31 | $5546.08 | $19.55 | x |
| 2023-03-31 | $6102.91 | $19.55 | x |
| 2024-03-31 | $6893.36 | $19.55 | x |
| 2025-03-31 | $1488.48 | $19.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nitto Denko Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.14%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.54%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 1.27x
- Recent ROE (13.14%) is above the historical average (10.84%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 16.03% | 8.13% | 1.16x | 1.70x | $15.73 Billion |
| 2006 | 17.20% | 8.83% | 1.12x | 1.73x | $23.16 Billion |
| 2007 | 11.27% | 6.06% | 1.13x | 1.65x | $4.66 Billion |
| 2008 | 12.16% | 6.26% | 1.25x | 1.55x | $8.28 Billion |
| 2009 | 0.07% | 0.05% | 1.04x | 1.56x | $-35.63 Billion |
| 2010 | 9.69% | 6.24% | 0.96x | 1.61x | $-1.20 Billion |
| 2011 | 13.32% | 8.73% | 0.98x | 1.56x | $13.90 Billion |
| 2012 | 7.15% | 5.11% | 0.93x | 1.50x | $-12.38 Billion |
| 2013 | 8.96% | 6.49% | 0.91x | 1.51x | $-5.11 Billion |
| 2014 | 9.73% | 6.80% | 0.96x | 1.49x | $-1.40 Billion |
| 2015 | 12.72% | 9.44% | 0.96x | 1.40x | $16.67 Billion |
| 2016 | 13.29% | 10.30% | 0.96x | 1.34x | $20.24 Billion |
| 2017 | 9.71% | 8.27% | 0.87x | 1.35x | $-1.92 Billion |
| 2018 | 12.60% | 10.20% | 0.91x | 1.35x | $18.05 Billion |
| 2019 | 9.50% | 8.25% | 0.88x | 1.30x | $-3.48 Billion |
| 2020 | 6.84% | 6.36% | 0.80x | 1.34x | $-21.79 Billion |
| 2021 | 9.81% | 9.23% | 0.79x | 1.35x | $-1.35 Billion |
| 2022 | 11.83% | 11.38% | 0.78x | 1.33x | $15.01 Billion |
| 2023 | 12.10% | 11.75% | 0.81x | 1.28x | $18.95 Billion |
| 2024 | 10.43% | 11.22% | 0.73x | 1.27x | $4.28 Billion |
| 2025 | 13.14% | 13.54% | 0.77x | 1.27x | $32.83 Billion |
Industry Comparison
This section compares Nitto Denko Corporation's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $7,181,833,981
- Average return on equity (ROE) among peers: 7.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nitto Denko Corporation (NDEKF) | $1.11 Trillion | 16.03% | 0.25x | $13.16 Billion |
| AirBoss of America Corp (ABSSF) | $197.00 Million | -16.19% | 1.24x | $57.06 Million |
| Asia Carbon Industries Inc (ACRB) | $19.13 Million | 17.11% | 0.33x | $0.98 |
| Aimia Inc (AIMFF) | $1.29 Billion | -4.63% | 2.83x | $103.68 Million |
| L'Air Liquide S.A (AIQUF) | $11.83 Billion | 14.08% | 1.26x | $107.70 Billion |
| Akzo Nobel N.V (AKZOF) | $7.58 Billion | 14.03% | 1.29x | $9.73 Billion |
| Albemarle Corp (ALB) | $545.00 Million | 9.41% | 1.09x | $19.53 Billion |
| ALPEK S.A.B. de C.V (ALPKF) | $49.59 Billion | 15.64% | 1.50x | $214.40 Million |
| Altech Batteries Limited (ALTHF) | $97.54 Million | -5.87% | 0.01x | $27.89 Million |
| Arcadium Lithium plc (ALTM) | $333.00 Million | 14.14% | 0.12x | $6.26 Billion |
| Alto Ingredients Inc (ALTO) | $345.21 Million | 13.35% | 0.40x | $212.84 Million |