Nitto Denko Corporation provided consolidated earnings guidance for the first half and fiscal year ending March 31, 2023. For the first half, the company expected net sales of JPY 30,500 million, operating profit of JPY 290 million, profit attributable to owners of parent of JPY 230 million and basic earnings per share of JPY 9.41.

For the fiscal year, the company expected net sales of JPY 65,000 million, operating profit of JPY 755 million, profit attributable to owners of parent of JPY 570 million and basic earnings per share of JPY 23.32.