# If Nitto Denko moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/nitto-denko · Facet: ripple · Updated: 2026-07-12T04:10:59.224+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, Nitto Denko is directly linked to 2 companies (1 supply, 1 revenue relationships) and reaches 5 companies within two hops; the links are backed by 8 dated sources, 1 of them primary filings (as of 2026-07-12).

Nitto Denko operates across Nikkei 225, functional materials, No.1 in polarizers. It is +1.3% in 2026. The stock (+1.3%) and its demand side (avg -21.8%) are moving in step. A Nikkei 225 constituent.

## Demand chain (leading)
- T1 LG Display (https://valuechain.wiki/lg-display.md)
- T2 LG Electronics (https://valuechain.wiki/lg-electronics.md)
- T3 Flex Ltd. (https://valuechain.wiki/flex-ltd.md)
- T3 General Motors (https://valuechain.wiki/general-motors.md)
- T3 Lowe's Companies, Inc. (https://valuechain.wiki/lowes.md)
- T2 Apple (https://valuechain.wiki/apple.md)
- T3 T-Mobile US, Inc. (https://valuechain.wiki/t-mobile-us.md)
- T3 Target Corporation (https://valuechain.wiki/target.md)
- T3 Take-Two Interactive Software, Inc. (https://valuechain.wiki/take-two-interactive.md)
- T2 Samsung Electronics (https://valuechain.wiki/samsung-electronics.md)
- T3 NVIDIA (https://valuechain.wiki/nvidia.md)
- T3 Qualcomm (https://valuechain.wiki/qualcomm.md)
- T3 Marvell (https://valuechain.wiki/marvell.md)
- T3 IBM (https://valuechain.wiki/ibm.md)
- T3 Broadcom (https://valuechain.wiki/broadcom.md)
- T3 Tesla (https://valuechain.wiki/tesla.md)
- T3 AMD (https://valuechain.wiki/amd.md)
- T3 Hyundai Motor Company (https://valuechain.wiki/hyundai-motor-company.md)
- T3 Alphabet (Google) (https://valuechain.wiki/alphabet.md)

## Supply chain (benefiting)
- T1 Kuraray (https://valuechain.wiki/kuraray.md)

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Full node: https://valuechain.wiki/nitto-denko.md · JSON: https://valuechain.wiki/nitto-denko.json