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...A version of this article was first published by Nikkei Asia on June 16. ©2021 Nikkei Inc. All rights reserved....
...Also in Tokyo, Nitto Denko, which makes optical films used on smartphone screens was up 5.4 per cent, Alps Electric, a smartphone camera component supplier, bucked the trend however, dipping 0.6 per cent...
...And in Tokyo, Nitto Denko, which makes optical films used on smartphone screens was down 0.9 per cent, Alps Electric, a smartphone camera component supplier, dipped 0.2 per cent and screen supplier Sharp...
...Japan’s Nitto Denko, which makes optical films used in smartphone screens, closed 8 per cent higher. Contrast that with this week’s earnings decline at Samsung, its first in seven quarters....
...Nitto Denko rose 5 per cent and Interlex strode almost 15 per cent higher. Largan Precision was up by over 6 per cent....
...“We’re collecting information on what the next-generation car would look like,” says Hideo Takasaki, president of Nitto Denko....
...But if Japan Inc has overpaid in the past 12 months the motivation for doing so seems clear: business survival....
...Few parts of Japan Inc were spared the sell-off....
...Showa Denko, a big chemical company, raised prices of its Shorox cerium-based glass-polishing agent fourfold in mid-September....
...Manufacturers such as Kubota, a pipemaker, and Nitto Denko, a producer of water filters, boast advanced technology in sanitation, but most Japanese waterworks are run by local governments....
...Quitting would appear sensible, especially for Showa Denko....
...Showa Denko also announced a target to boost group operating profit by 52 per cent in the next three years....
...Nippon Denko, Japan’s biggest ferro-alloy maker, leapt 9.05 per cent to Y446 after saying its group net profit more than tripled in the first half of the financial year because of higher product prices....
...Elsewhere, shares of Nitto Denko, a maker of industrial and electronic materials, declined 5.6 per cent to Y5,410 after the company cut its yearly sales forecast by Y10bn on Wednesday....
...Nitto Denko, the liquid crystal display maker, added 2.3 per cent to Y5,700 while Dainippon Screen Manufacturing, which makes both chips and LCDs, was 4.8 per cent higher thanks to upgrades from Merrill...
...Nitto Denko, a maker of industrial and electronic materials, declined 5.6 per cent to Y5,410 after cutting its yearly sales forecast by Y10bn....
...Makers of liquid crystal display plant and processing equipment rose, with Nitto Denko up 1.5 per cent at Y5,560 and Tokyo Electron rising 1.5 per cent to Y6,150....
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