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Nitto

Nitto Denko Corporation is a Japanese multinational corporation that develops, manufactures, and sells advanced functional materials, including pressure-sensitive adhesives, optical films, insulation materials, and electronic components, primarily serving the electronics, automotive, display, and industrial sectors. Founded on October 25, 1918, as Nitto Electric Industrial Co., Ltd. in Osaki, Tokyo, the company initially focused on producing electrical insulating materials to meet domestic needs in Japan. Over the decades, Nitto Denko has expanded its portfolio through innovation and strategic growth, evolving into a global leader in niche markets with a strong emphasis on high-performance adhesives and films. Today, it operates under three main business segments: industrial tape solutions (accounting for approximately 35% of revenue), optics (around 55%), and life sciences, with products applied in semiconductors, LCDs, automotive interiors, and consumer electronics. Headquartered in , , Nitto Denko maintains a worldwide network of production facilities, research centers, and sales offices across , the , , , and , employing thousands and generating significant revenue through its adhesive tapes and related technologies. The company positions itself as a "Niche Top" creator, prioritizing initiatives, innovative R&D, and customer value creation to address global challenges like and technological advancement.

History

Founding and early years

Nitto Denko Corporation traces its origins to , 1918, when it was established as Nitto Electric Industrial Co., Ltd. in Ohsaki, , . The company was founded amid the challenges of , which disrupted imports of essential materials, prompting a focus on domestic production of electrical insulating materials to support Japan's rapidly industrializing economy. In its early years, Nitto prioritized the manufacture of insulating varnished cloth and paper tailored for electrical applications, such as motors and generators, addressing the growing demand from Japan's expanding electrical and manufacturing sectors. By 1924, the company introduced electrical insulating varnishes, marking an early innovation in high-performance materials that enhanced reliability in electrical equipment. These products were crucial as Japan transitioned from traditional industries to modern electrification during the . The company's operations faced significant hurdles in the , including urban pressures in that influenced expansion plans. In 1941, Nitto opened its Ibaraki Plant in , shifting some production capacity westward to bolster resilience and efficiency amid escalating wartime conditions. However, by 1945, the original head office in Ohsaki was destroyed in air raids, underscoring the vulnerabilities of early infrastructure but also the company's determination to endure.

Post-war growth and diversification

Following , faced significant challenges due to the destruction of its head office in , , by air raids in 1945. In 1946, the company relocated its head office to , where it restarted operations and began production of Black Tape, an insulating tape for electric wires that marked its entry into the civilian business. This shift from wartime electrical insulators to consumer and industrial adhesives allowed to rebuild amid Japan's post-war economic recovery, focusing on materials that addressed everyday needs like electrical insulation and anti-corrosion applications. During the 1950s, Nitto expanded its adhesive portfolio by developing synthetic tapes, including Japan's first tapes in 1951, which utilized soft for enhanced durability in electrical, agricultural, and protective uses. By 1949, the company had also introduced anticorrosion tapes and opened branch offices in and to support growing domestic demand. These innovations diversified product lines beyond basic , establishing Nitto as a key player in Japan's burgeoning industry and laying the foundation for broader applications. In the , Nitto entered the sector, beginning production of encapsulating materials in 1966 to provide essential insulation for emerging technologies. This move aligned with Japan's rapid industrialization and the rise of manufacturing. Concurrently, the company established its first overseas office in in 1961, followed by the formation of Nitto Denko America, Inc. in 1968, signaling initial steps toward international presence while maintaining a focus on domestic growth. By the 1980s, Nitto's diversification had transformed it from a specialized producer into a multifaceted materials , culminating in its renaming to Corporation in 1988 to better reflect its expanded scope across adhesives, , and industrial solutions. This celebrated the 's 70th and underscored its evolution during the post-war era.

Globalization and modern developments

Nitto Denko began its significant international expansion in the late 1960s with the establishment of its first overseas manufacturing base, Nitto Denko (Taiwan) Corporation, in 1969, marking the company's initial foray into Asia beyond Japan. This was followed by further growth in the region during the 1990s, including the formation of Nitto Denko (Shanghai Pu Dong New Area) Co., Ltd. in 1994 and Nitto Denko (Shanghai Songjiang) Co., Ltd. in 1995, which served as sales and processing bases in China to support the burgeoning electronics and automotive markets. These initiatives laid the groundwork for broader Asian operations, with additional plants established in Thailand in 1997, Vietnam in 1999, and the Philippines in 2001, enabling localized production of adhesives, tapes, and optical materials to meet regional demand. In parallel, Nitto expanded into Western markets through strategic acquisitions to bolster its global footprint. The company acquired Permacel, a U.S.-based producer of pressure-sensitive tapes, in 1988, enhancing its presence in and integrating advanced adhesive technologies into its portfolio. This move was complemented by the 1987 acquisition of Hydranautics, a U.S. firm specializing in technologies, which supported environmental product lines. In and other regions, Nitto formed subsidiaries like Nitto Denko India Private Ltd. in 2009 and acquired Bento, a Turkish materials firm, in 2012, further diversifying its manufacturing capabilities across continents. Key partnerships also drove growth, notably the joint development with in 2000 of advanced polarization films for displays (LCDs), which improved display brightness and efficiency for . Entering the 2000s, Nitto shifted strategic emphasis toward high-tech materials to address global challenges in , , and healthcare, moving beyond traditional adhesives to innovative solutions like advanced films and membranes. An early example was the start of production of high-polymer separation membranes, including membranes for , in 1976. This capability was enhanced by the 1987 acquisition of Hydranautics, supporting applications in and , aligning with rising demand for sustainable technologies. This transition supported the company's evolution into a diversified materials provider, with ongoing investments in optical films for LCDs and other sectors. In 2022, Nitto acquired ’s Personal Care Component Business to expand in hygiene materials and Bend Labs, Inc., enhancing capabilities in flexible sensor technologies for healthcare applications. As of March 31, 2025, Nitto employed 27,915 people worldwide, reflecting continued growth in its international workforce. The company's revenue reached ¥1,013.878 billion in 2024 (ending March 31, 2024), driven by strong performance in optronics and industrial tapes amid global supply chain expansions.

Business Operations

Corporate structure and leadership

Nitto Denko Corporation is headquartered at the 33rd Floor of Grand Front Osaka, 4-20 Ofuka-cho, 530-0011, . The company maintains a division-based , with primary segments including the Industrial Tape segment, focused on and sealing solutions; the Optronics segment, encompassing optical and materials; and the segment, addressing life sciences and personal care applications. These segments are overseen by executive vice presidents to align operations with strategic growth areas such as semiconductors and initiatives. As a publicly traded entity on the under code 6988, Nitto Denko's ownership is dominated by institutional investors. As of September 30, 2025, major shareholders include The Master Trust Bank of Japan, Ltd. (Trust Account), with 24.51% of shares, and Custody Bank of Japan (Trust Account), holding 9.78%. Other significant holders include JP Morgan CHASE BANK 385632, at 6.78%. Nitto Denko's governance operates as a company with a Board of Corporate Auditors, supported by an executive officer system for efficient decision-making. The Board of Directors comprises 10 members—6 internal and 4 outside directors—while the Board of Corporate Auditors includes 5 members, with 2 full-time and 3 outside auditors, ensuring independent oversight. ESG integration is central, with a dedicated department driving sustainability proposals under the supervision of a Director/Vice President for ESG, coordinated via the President-led Corporate Strategy Meeting to address risks like climate change and supply chain resilience. Leadership is headed by Hideo Takasaki, who has served as Representative , President, CEO, and COO since April 1, 2014. Key executives include Yosuke Miki, and Senior Executive , CTO, and of the Corporate Technology Sector; Yasuhiro Iseyama, and Senior Executive , , and of the Corporate Accounting & Finance Division; Yasuhito Ohwaki, and Senior Executive , CHRO, and of the Corporate Human Resources Division; and Tatsuya Akagi, and Executive , of the Information Fine Materials Sector. The board emphasizes in , age, and expertise, with annual effectiveness evaluations to support strategic supervision.

Global presence and facilities

Nitto Denko Corporation maintains an extensive international network, comprising 88 subsidiaries and 4 affiliates for a total of 93 group companies as of fiscal year 2024. This structure supports operations across more than 30 countries, with over 70 offices and production centers worldwide to serve diverse markets in adhesives, , and other materials. Key regional headquarters include in , for the Americas; Nitto EMEA NV in for , the , and ; and Nitto Denko (China) Investment Co., Ltd. in for , which oversees investments and operations in tapes, , medical, and high-technology sectors in . The company's major research and development (R&D) facilities are strategically located to foster globally. In , core R&D activities occur at sites such as the Ibaraki Plant in , supporting advancements in . In the , Nitto Denko Technical Corporation in , focuses on optical and materials, while Nitto Innovations, Inc. in Santa Clara () drives technology scouting and development since its establishment in 2013. Additional R&D support comes from labs in Asia, including and , aligning with regional market demands. Production plants span at least eight countries, including (e.g., Kameyama, Tohoku, and Shiga plants), the (e.g., new facility in , due to open in 2025), (multiple sites like Songjiang), , (expanded capacity in Bac Ninh, quadrupled in 2025), , , and . Approximately 60% of revenue is concentrated in the region, reflecting strong demand in and industrial applications there. Strategic acquisitions have bolstered Nitto's global footprint in key areas. In 1988, the company acquired Permacel, a U.S.-based adhesives manufacturer, enhancing its tape production capabilities in through facilities like those in . For biotechnology, Nitto fully integrated Avecia Biotechnology in 2011 via its subsidiary Avecia, Inc., expanding oligonucleotide manufacturing expertise in the United States. As of March 31, 2025, employs 27,915 people worldwide, with the majority based abroad to support its operations and over 80% overseas revenue generation. This distribution underscores the company's emphasis on localized expertise across regions.

Products and Technologies

Adhesives and tapes

's development of adhesives and tapes began in the post-war era, with the company producing Japan's first tapes in 1951, marking an early milestone in domestic adhesive technology. By 1964, Nitto introduced double-coated adhesive tapes, expanding into more versatile bonding solutions suitable for use. This progression continued into advanced double-sided adhesives tailored for automotive , incorporating features like high to metals and while enabling efficient vibration damping and structural integrity in components. Among Nitto's key adhesive products, the No. 5000 series stands out as a versatile line of double-sided tapes featuring strong acrylic adhesives on a flexible nonwoven carrier, designed for reliable bonding in demanding environments with minimal residue upon removal. These tapes provide superior adhesion to plastics and metals, supporting applications in assembly and fixation. Complementing this, Nitto's thermal conductive tapes, such as the TR series (e.g., TR-5925F), utilize specialized adhesive layers to facilitate heat dissipation, ensuring efficient thermal management in high-performance assemblies. Nitto's adhesives and tapes find broad applications across industrial, automotive, and consumer sectors. In industrial settings, they serve packaging operations with durable sealing and protection solutions, while in construction, surface protection vinyl sheets safeguard materials during building processes. Automotive uses include vibration damping tapes that reduce noise and enhance component stability in vehicle interiors and exteriors. For consumer needs, office tapes from the No. 5000 series enable easy mounting of documents and fixtures without damage to surfaces. As a global leader in specialty tapes, Nitto maintains a strong position through its Niche Top Strategy, achieving top market share in targeted segments of industrial adhesives and tapes as of 2025, with a portfolio emphasizing high-profitability innovations.

Optical and electronic materials

Nitto Denko began developing polarizing films for liquid crystal displays (LCDs) in the mid-1970s, with production starting in 1975 to meet the growing demand for optical components in emerging display technologies. These films, marketed under the NPF (Nitto Polarizing Film) brand, utilize advanced lamination and coating technologies to achieve high transparency, reliability, and workability, making them essential for both LCD and organic light-emitting diode (OLED) displays. By the 1980s, Nitto had expanded its portfolio with retardation films in 1989, addressing color distortion issues in LCD viewing angles. Today, Nitto holds a leading market position in polarizing films, particularly for high-end smartphones and automotive displays, where they contribute to thinner, larger, and higher-quality screens. Key products in Nitto's optical and electronic materials lineup include the ELECRYSTA transparent conductive films, which combine high light transmittance with electrical conductivity through proprietary and processes. These films are widely used in touch panels for smartphones and tablets, enabling responsive interfaces in . Additionally, Nitto produces precision circuit substrates and flexible printed circuits, such as CISFLEX thin-film metal base boards, supporting compact and durable electronic assemblies. Applications of Nitto's materials extend to and LCD backlights, where polarizing and retardation films enhance image quality and efficiency. In semiconductors, products like ELEP tapes and temporary adhesives provide and support during back-end , ensuring cleanliness and chemical resistance for optical encapsulation. For , Nitto's sensors and flexible substrates enable integration into wearables, allowing deformation without performance loss in devices like smartwatches and health monitors. Innovations in this area include brightness enhancement films developed in 1997, which recycle absorbed by polarizing films to improve visible and reduce overall light in displays by utilizing otherwise wasted polarization. Ultra-thin polarizing and retardation films further minimize thickness while maintaining wide viewing angles, supporting advancements in foldable smartphones and energy-efficient automotive displays. These developments, including solvent-free UV-polymerized adhesives like LUCIACS, prioritize durability and environmental sustainability in electronic applications.

Industrial and environmental solutions

Corporation develops for industrial manufacturing, , and , leveraging its expertise in polymer films, membranes, and adhesives to address challenges in , control, and production. In , the company offers (RO) membranes through its subsidiary Hydranautics, including the ES series of ultra-low-pressure elements designed for efficient and production. These membranes, which achieve high salt rejection rates up to 99.5%, are widely used in seawater plants worldwide, contributing to the of over 500 million gallons (approximately 1.9 million cubic meters) of water daily across industrial and municipal applications. For industrial applications in automotive and construction, Nitto provides specialized foams and sheets that enhance performance and safety. Insulation foams from the EPTSEALER EV-1000L series, made from low-VOC , are utilized in electric vehicles () for thermal management, vibration damping, and sealing modules, offering excellent heat and chemical resistance while minimizing environmental impact. In , soundproofing solutions like the DB Cover material reduce noise from drainpipes by 10-15 dB through easy-to-install, mess-free applications that maintain airtightness without specialized tools. Additionally, Nitto's involvement in EV separators includes microporous films that ensure ionic conductivity and safety in lithium-ion cells, supporting the growing demand for high-energy-density batteries. In renewable energy and environmental remediation, Nitto's innovations include solar module encapsulants such as the RAYCREA sheets, which convert ultraviolet light to visible wavelengths to boost photovoltaic output while protecting panels from degradation. For air filtration, the TEMISH NTF series employs PTFE porous membranes combined with non-woven substrates, achieving collection efficiencies up to 99.99995% in HEPA filters for cleanrooms, respirators, and industrial HVAC systems, balancing high airflow with low pressure drop to reduce energy consumption. In 2015, Nitto announced a breakthrough sintering method for neodymium magnets using organic-inorganic hybrid technology, enabling precise magnetic field orientation control and performance improvements of 20-30% in motors for appliances and vehicles; this technology entered mass production in fiscal 2017, reducing material waste through pre-sinter forming. Recent expansions in environmental solutions focus on carbon capture, with Nitto forming a and equity investment in Aqualung Carbon Capture in September 2025 to co-develop advanced technologies for efficient CO2 separation from industrial emissions, building on Nitto's thin-film expertise to scale low-cost, high-performance capture systems.

Healthcare and life sciences

Nitto Denko Corporation has established a significant presence in the healthcare sector through its development of therapeutic systems (TTS), commonly known as transdermal patches, which facilitate via absorption. These patches leverage Nitto's proprietary acrylic technology to control drug release rates and ensure skin compatibility. Since the 1990s, Nitto has mass-produced transdermal patches in the United States, including those for delivery to aid , as well as formulations for , for relief, and for prevention. In addition to transdermal applications, Nitto offers wound care products designed as thin, flexible dressings with a backing that prevents external contamination while promoting a moist environment. These dressings support bonding and are applied directly to for various needs. Building on its expertise from broader technologies, Nitto integrates gentle, skin-friendly formulations into these products to minimize irritation during use. Through its subsidiary Avecia, established as a leader in , Nitto supports advanced biotech applications including synthesis for gene therapies and therapeutic siRNA production. Avecia provides end-to-end services from to GMP of , which serve as active pharmaceutical ingredients () for nucleic acid-based medicines, including mRNA therapies. The subsidiary's facilities in enable scalable production for treatments targeting rare diseases and cancers, with recent expansions to meet rising demand for . Nitto's healthcare portfolio extends to broader systems, where its materials enable controlled release mechanisms beyond routes, and to through ed compositions for inducing hard tissue regeneration, such as fibrin-based scaffolds for . In the market context, Nitto holds a prominent position among key players in the global patches sector, contributing to an industry projected to grow from approximately USD 8.34 billion in 2025 to USD 12.01 billion by 2032 at a 5.2% CAGR, driven by advancements in and oligonucleotide-based therapies. The company's life sciences segment reported a 39.6% increase in Q2 2025, reflecting strong momentum in biotech contract manufacturing amid expanding applications in and mRNA technologies.

Research and Innovation

Key technological advancements

Nitto began production of Black Tape, a for electrical , in 1946. In the , Nitto for high-frequency through the of low-dielectric constant films, particularly porous polyimide-based films designed to minimize signal loss in and boards. These films, with dielectric constants below 2.5, were engineered to support faster in emerging infrastructure, including precursors to applications by reducing transmission delays in high-speed interconnects. The technology stemmed from Nitto's core processing expertise, with initial and prototyping occurring in the early , leading to commercial introductions by the mid-2010s that addressed the growing demands of . A notable breakthrough came in with Nitto's invention of a novel process for magnets using organic/inorganic hybrid binder technology, allowing precise control of orientation during manufacturing. This method enabled the production of magnets with freely formable shapes prior to , resulting in up to 20-30% improvements in motor performance and compared to conventional sintered magnets. By enhancing density and enabling more compact designs, the innovation facilitated lighter, higher-efficiency electric motors for automotive and industrial uses, without relying on rare-earth-free alternatives but optimizing rare-earth utilization. As of 2025, Nitto maintains a robust portfolio exceeding 15,000 families worldwide, with a significant emphasis on such as advanced composites, thin-film nanostructures, and hybrid organic-inorganic materials that underpin its adhesives, films, and technologies. This extensive holdings reflect Nitto's sustained R&D investment in for and environmental applications, contributing to its recognition as one of Clarivate's Top 100 Global Innovators in 2025.

Recent collaborations and initiatives

In September , Corporation entered into a joint development agreement with to advance polymeric materials for packaging technologies. The focuses on developing new classes of materials to improve thermo-mechanical reliability, reduce package warpage, and minimize in fine wiring, with applications in advanced semiconductors supporting and demands. Also in September 2025, Nitto announced a and equity investment in Aqualung Carbon Capture to co-develop CO2 absorption membranes using facilitated transport technology. This initiative aims to create cost-effective, high-performance carbon capture solutions, with demonstration trials planned for fiscal year 2026 and broader commercialization to support global goals by 2050. Nitto has pursued other forward-looking R&D initiatives, including collaborations with universities such as on innovative materials and safety technologies, alongside internal advancements in bio-based adhesives for sustainable applications. The company is also investing in -driven tools, such as generative and materials , to accelerate material and idea generation in R&D processes, with plans to incorporate -agent functionality starting in fiscal 2025. Nitto's annual R&D expenditure reached approximately ¥47 billion in fiscal year 2024 (ending March 2025), reflecting a commitment to with around 10% of its dedicated to activities across facilities.

Financial Performance

Revenue and profitability trends

Nitto Denko Corporation has experienced steady revenue growth over the past decade, achieving a (CAGR) of approximately 2.8% from fiscal year 2015 to 2024, despite disruptions from the that led to an 8.1% decline to ¥761.3 billion in FY2020 due to interruptions and reduced in and segments. Recovery accelerated post-pandemic, driven by rising for () components such as materials and adhesives in the Industrial Tape segment, alongside sustained growth in optical and electronic materials. By FY2024 (ending March 2025), reached a record ¥1,013.9 billion, up 10.8% year-over-year, reflecting robust expansion in high-value applications amid trends. Profitability has remained resilient, with operating margins consistently above 15% in recent years, supported by high-margin products like optical films in the Optronics segment, which accounted for about 51% of in FY2023 at ¥469.9 billion. In FY2023 (ending March 2024), revenue totaled ¥915.1 billion, down 1.5% year-over-year due to softer demand in laptops and tablets, while operating profit was ¥139.1 billion, yielding a 15.2% margin despite a 5.5% decline from cost pressures and segment-specific challenges. The company's focus on cost rationalization and premium product mixes has helped mitigate volatility, enabling operating profit to rebound to ¥185.7 billion in FY2024, a 33.6% increase, with margins expanding to 18.3%. In the first half of FY2025 (April to September 2025), revenue fell 1.6% to ¥513.6 billion year-over-year, primarily from an affecting optical films for LCD displays and smartphones, though partially offset by 2.5 billion yen growth in Industrial Tape from EV-related demand. Operating profit decreased 13.5% to ¥94.5 billion amid yen appreciation and reorganization costs, but cost control measures preserved an 18.4% , highlighting the benefits of efficient operations in a challenging environment. On October 27, 2025, the company raised its full-year FY2025 forecasts to revenue of ¥995 billion and operating profit of ¥173 billion, up from prior estimates of ¥984 billion and ¥170 billion. Nitto Denko maintains a progressive dividend policy, declaring an interim dividend of ¥30 per share for FY2025 (payable November 2025), up from ¥28 in the prior year, with a year-end forecast of ¥30 per share for a total annual payout of ¥60, underscoring confidence in sustained profitability.

Market position and stock overview

Nitto Denko Corporation is listed on the Tokyo Stock Exchange under the ticker symbol 6988 and trades over-the-counter in the United States as an American Depositary Receipt (ADR) under the symbol NDEKY. As of November 10, 2025, the company's market capitalization is approximately ¥2.60 trillion. In the adhesives and tapes segment, Nitto Denko faces competition from established multinational firms such as 3M Company and Avery Dennison Corporation, which offer broad portfolios of pressure-sensitive and specialty adhesives. For optical and electronic materials, particularly in optical films and clear adhesives used in displays and semiconductors, key rivals include , alongside players like and . Nitto Denko differentiates itself through its proprietary Global Niche Top® strategy, which focuses on achieving dominant market positions in high-barrier, specialized global niches across its product lines, enabling sustained leadership in areas like and industrial solutions. Analyst perspectives on for 2025 highlight positive momentum from its initiatives, including selection as a member of the Sustainability Yearbook 2025 for strong performance. The stock trades at a trailing price-to-earnings (P/E) of 20.72 and a forward P/E of 20.58, with a of 1.58% based on the annual of ¥60 per share. The average analyst price target stands at ¥3,672.50, below the closing price of ¥3,839 as of November 10, 2025, reflecting a leaning toward hold amid stable but cautious growth expectations. On September 25, 2025, announced the cancellation of treasury shares equivalent to 3.98% of its outstanding stock, with the effective October 15, 2025; this move aligns with the company's policy on capital efficiency and is intended to improve by reducing the total share count.

Sponsorships and Sustainability

Sports and event sponsorships

Nitto Denko Corporation has been the title sponsor of the , the season-ending championship of the featuring the world's top eight singles players and doubles teams, since 2017. Initially secured as a four-year agreement, the partnership was extended in 2020 for an additional five years through 2025, solidifying Nitto's role as the event's holder, now known as the Nitto ATP Finals. As part of this arrangement, Nitto serves as a year-round Gold Partner of the and the official athletic tape sponsor, providing its NITREAT™ products to the ATP medical team for player support throughout the season. These tapes, designed for durability and ease of removal during strenuous activity, align with the demands of professional . The sponsorship includes prominent branding as the title partner, with Nitto's logo featured across event materials, broadcasts, and venue activations, contributing to enhanced global visibility. The has consistently drawn significant audiences, with on-site attendance exceeding 240,000 spectators in recent years and cumulative global broadcast viewership surpassing hundreds of millions since Nitto's involvement began. Beyond the ATP Finals, Nitto has sponsored other tennis events, such as the 2022 Infosys Hall of Fame Open in , where it supported the tournament as an official partner to promote its athletic tape products. Historically, Nitto's adhesive technologies have been utilized in and support, including tapes applied for muscle support and in various competitions. Nitto's sports sponsorship strategy emphasizes global brand expansion and alignment with its core values of and reliability, mirroring the and required in athletics—qualities embodied in its adhesive and material products. By partnering with high-profile events, the company achieves through increased exposure in key markets like and , fostering brand recognition among diverse audiences and tying into themes of challenging limits. This approach supports Nitto's broader goal of positioning itself as a supporter of high-performance endeavors worldwide. In 2025, Nitto's partnership with the continued, with the event hosted in , . Following the 2025 tournament, the partnership was extended through 2030. The tournament featured enhanced digital engagement, reflecting the ATP Tour's record social media reach and viewership expansions, which have grown by over 250% in recent years for major events. Nitto's involvement includes ongoing provision of athletic tapes and fan-focused activations, capitalizing on the sport's rising global appeal.

Environmental and social responsibility efforts

Corporation has established ambitious goals aligned with global environmental standards, aiming for carbon neutrality across its operations by 2050. This includes reducing Scope 1 and 2 CO2 emissions to 400,000 tons by 2030, representing a 46.3% reduction from 2020 levels, and addressing Scope 3 emissions with a 25% cut to 1.46 million tons by the same year from a 2022 baseline. The company has joined the RE100 initiative, committing to by 2035, with significant progress already made; in fiscal 2024, accounted for 61% of its total usage, up from 41% the previous year, contributing to a reduction of 95,000 tons of CO2 emissions. Key environmental initiatives include comprehensive disclosures and efforts. In 2025, Nitto released its nature-related financial disclosures in support of the Taskforce on Nature-related Financial Disclosures (TNFD), registering as an in August to address as a core challenge. The company also maintains TCFD-aligned , integrating climate scenario analysis into its strategy since 2022. For , Nitto promotes programs, achieving a 50% waste plastics ratio in fiscal 2024 toward a 2030 target of 60%, with total waste disposed reduced to 472,000 tons from 685,000 tons in 2020. These efforts extend to product innovations, such as the development of recycled films and bio-based adhesives for optical applications like polarizers, which support resource and lower lifecycle CO2 emissions by up to 45%. On the social front, Nitto emphasizes , targeting 30% female representation in management roles globally by 2030, with 22% achieved in fiscal 2024 through programs like the FLOWER initiative for female leader development. In , the goal is 10% female managers by 2030. Community engagement includes educational programs in focused on science and technology, such as training for trainees in the to enhance skills in modern technological knowledge, and support for international student exchanges at facilities like . These initiatives foster STEM-related learning among , aligning with broader efforts to nurture the next generation in regions where Nitto operates. Notable 2025 highlights underscore Nitto's momentum, including TCFD-aligned climate impact assessments and investments in green materials through a with Aqualung for carbon capture innovation, announced in . This collaboration advances CO2 separation and conversion technologies, complementing operational milestones like the zero-CO2 emission factory at the Tohoku Plant, operational since 2024.

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