Nitto Denko : Results and Completion of Share Repurchase

Date: August 3, 2020

Listed company name: Nitto Denko Corporation

Stock exchange listing: Tokyo, First Section

Code number: 6988

Company representative: Hideo Takasaki, President

Contact person: Kenjiro Asuma

Vice President

Corporate Strategy Management Division

Phone: [phone]

Results and Completion of Share Repurchase

(Share repurchase under the provisions of the Articles of Incorporation pursuant

to Article 165, Paragraph 2 of the Companies Act of Japan)

Nitto Denko Corporation (hereafter "the Company") announces that it repurchased its own shares pursuant to Article 156 of the Companies Act of Japan as applied pursuant to Article 165, Paragraph

3. This concludes the Company's share repurchase in accordance with a resolution made by the Board of Directors on January 27, 2020.

1. Class of shares repurchased: Common stock
2. Number of shares repurchased: 1,100,800 shares
3. Total repurchased amount: JPY 6,702,514,000
4. Method of repurchase: Market Repurchase on the Tokyo Stock Exchange
5. Repurchase period: From July 1, 2020 to July 31, 2020

【Reference】

1. Details of the resolution made by the Board of Directors on January 27, 2020

(1)	Class of shares to be repurchased:	Common stock
(2)	Total number of repurchasable shares:	9,000,000 shares (maximum)
	(5.74% of the total number of shares issued [excluding treasury stock])
(3)	Total repurchase amount:	JPY 50,000,000,000 (maximum)
(4)	Repurchase period:	From February 3, 2020 to July 31, 2020

2. Cumulative total number of shares repurchased pursuant to the above resolution of the Board of Directors (as of July 31, 2020)

(1)	Number of shares repurchased:	9,000,000 shares
(2)	Total repurchased amount:	JPY 49,965,504,989