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Bando Chemical Records Significant Insurance Claim Income

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Bando Chemical Records Significant Insurance Claim Income

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An update from Bando Chemical Industries Ltd. ( (JP:5195) ) is now available.

Bando Chemical Industries, Ltd. announced the recording of ¥1,524 million in insurance claim income for the first quarter of the fiscal year ending March 31, 2026, due to hail damage at its Kakogawa Plant. This income was not included in the company’s previous financial forecast, and the company is assessing the need for revisions, which could impact its financial outlook and stakeholder expectations.

More about Bando Chemical Industries Ltd.

Bando Chemical Industries, Ltd. operates in the chemical industry, focusing on the production of belts and other rubber products. The company is known for its contributions to the automotive and industrial sectors, providing essential components that support various manufacturing processes.

Average Trading Volume: 39,671

Technical Sentiment Signal: Sell

Current Market Cap: Yen67.33B

For detailed information about 5195 stock, go to TipRanks’ Stock Analysis page.

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