3110.T Stock Today: January 16 Apple AI Substrate Crunch Puts Nittobo in Focus
Nitto Boseki stock is in focus on January 16 as analysts lift FY Mar-2026 ordinary profit expectations and reports point to an Apple supply shortage of high‑grade glass fiber substrate. With AI chip demand rising, investors in 3110.T are watching pricing power, allocation risk, and near‑term technicals. The latest data show strong momentum and improving fundamentals, but capacity relief may not arrive until late 2027. We break down what this means for margins, earnings on deck, and practical levels to watch for Japan-based portfolios.
AI substrate squeeze and demand backdrop
High‑grade glass fiber substrate underpins advanced packages for AI accelerators and premium smartphones. Reports suggest Apple is seeking help to manage shortages as AI chip demand crowds supply, raising the near‑term value of Nittobo’s specialty glass cloth. That puts quality and throughput in the spotlight for 3110.T’s electronics segment. See context on the Apple side here: Apple、チップ材料不足….
Tight supply through late 2027 supports firmer average selling prices and mix, a tailwind for Nittobo’s electronic materials margins. Recent growth data show net profit margin at 12.61% and ROE at 11.04%, suggesting operating leverage as utilization stays high. For Nitto Boseki stock, limited capacity favors disciplined allocation, but also raises the risk of order pushouts if major clients shift timelines.
Domestic consensus has edged up. Analysts nudged the FY Mar‑2026 ordinary profit forecast by about 0.4% week on week, signaling improving confidence despite supply constraints. This incremental revision keeps Nitto Boseki stock supported into earnings season as funds rotate to AI supply chain beneficiaries. Source: 日東紡績、26年3月期経常予想….
Price action and technical levels
Shares most recently printed ¥13,060 with a day range of ¥12,720 to ¥13,200 and a 52‑week band of ¥3,025 to ¥16,150. RSI is 64.4 and CCI is 276.7, both near overbought. ADX at 17.96 suggests no strong trend yet. Price sits above Bollinger upper band at ¥12,132, which often precedes cooling. Nitto Boseki stock may consolidate if momentum fades.
ATR of ¥752 flags elevated daily swings. Volume of 1.82 million tops the 1.35 million average, confirming active interest in Nitto Boseki stock. Money Flow Index at 70.5 leans bullish but is not extreme. For risk control, traders may watch ¥12,720 as first support and ¥13,200 as near resistance, adjusting position size to volatility.
Earnings, valuation, and balance sheet
Next earnings are scheduled on February 5, 2026. EPS stands at ¥393.11 with a dividend per share of ¥106, implying a 0.80% yield. Net margin is 12.61% and ROE is 11.04%. The current ratio is 2.63, and interest coverage is 26.6, indicating solid liquidity. These help frame Nitto Boseki stock ahead of management’s substrate capacity and capex updates.
Nitto Boseki stock trades at 33.9x TTM earnings, 3.56x book, and 4.28x sales, with EV/EBITDA at 18.1. EPS grew about 76% year over year, yet the PEG ratio of 2.75 argues for selective entries. Debt to equity is 0.42, leaving room to invest in new lines. Valuation can stay elevated if ASPs and allocation remain firm into 2027.
Risks and watchlist for Japanese investors
Capacity tightness helps pricing but can strain relationships if allocations miss ramp schedules for major clients, including smartphone and AI chip ecosystems. A sharp slowdown in AI chip demand or device launches could flip the narrative. For Nitto Boseki stock, watch order visibility, lead times, and any commentary from AAPL that hints at build plan changes.
Reports indicate meaningful capacity relief may arrive only by late 2027, requiring sustained capex and process yields. Execution risk includes ramp delays and cost inflation for specialty glass. Domestic policy support for strategic materials could aid funding, but timing matters. Currency moves also affect imported inputs and export competitiveness, which can add noise to Nitto Boseki stock in the short term.
Final Thoughts
Nitto Boseki stock sits at the center of two strong forces in Japan’s market today: a confirmed uplift in FY Mar‑2026 profit forecasts and a global shortage of high‑grade glass fiber substrate tied to AI chip demand. The setup favors pricing and margins, yet near‑term technicals look warm and capacity relief may be distant. For positioning, we would: 1) track February 5 guidance on substrate capacity, ASPs, and capex, 2) watch client allocation signals and any Apple‑related updates, and 3) trade around ¥12,720 support and ¥13,200 resistance with tighter risk controls given ATR near ¥752. Discipline matters until a clearer trend develops.
FAQs
What is driving Nitto Boseki stock today?
Two forces stand out. Analysts lifted the FY Mar‑2026 ordinary profit forecast by about 0.4%, which boosts sentiment. At the same time, reports point to persistent shortages of high‑grade glass fiber substrate as AI chip demand grows, potentially supporting pricing. Technicals show RSI near 64 and CCI overbought, so a pause would not surprise. We watch earnings on February 5 for capacity and ASP updates.
Does Apple’s reported materials shortage help or hurt Nitto Boseki stock?
It can do both. Tight supply through late 2027 supports strong prices and mix, a positive for margins. But allocation risk rises if major customers adjust build schedules or seek alternative materials. If Apple or AI chipmakers reduce orders temporarily, shares could consolidate. Conversely, firm demand and smooth allocations would validate current valuation. Monitor build plans, lead times, and any policy support for domestic capacity.
How is Nitto Boseki stock valued versus its fundamentals?
The shares trade at 33.9x TTM earnings, 3.56x book, and 4.28x sales, with EV/EBITDA at 18.1. EPS is ¥393.11 and the dividend is ¥106, implying a 0.80% yield. ROE is 11.04% and net margin is 12.61%. PEG near 2.75 suggests selectivity on entries. We focus on capacity plans, ASP trends, and substrate mix to judge if multiples can sustain into 2027.
What key risks should investors monitor before earnings?
Watch allocation and client concentration risks, execution risk on any capacity expansions, and possible shifts in AI chip demand. Technical risk is also relevant, with price above the Bollinger upper band and ATR signaling larger swings. Currency and input cost moves can affect margins. We will focus on February 5 guidance around capex timing, output targets, and pricing to reassess risk‑reward for Nitto Boseki stock.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
