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 162,000 million, operating income of JPY 8,200 million, profit attributable to owners of parent of JPY 4,700 million and basic earnings per share of JPY 27.82.

For the fiscal year, the company expected net sales of JPY 377,000 million, operating income of JPY 24,000 million, profit attributable to owners of parent of JPY 15,600 million and basic earnings per share of JPY 92.32.