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The latest update is out from Denka Co ( (JP:4061) ).
Denka Company Limited has booked significant extraordinary items for the fiscal year ended March 31, 2026, chiefly a ¥21.1 billion loss on liquidation of business tied to Denka Performance Elastomer LLC’s decision not to restart its U.S. chloroprene rubber facilities. The company also recognized related non‑consolidated losses on valuation of subsidiary shares and a reversal of prior loss provisions, which offset at the consolidated level and therefore do not affect consolidated profit or loss.
In parallel, Denka completed the conversion of Toyo Styrene Co., Ltd. from an equity‑method affiliate to a consolidated subsidiary, generating a ¥6.5 billion gain on negative goodwill and a ¥4.9 billion loss on step acquisition. These extraordinary gains and losses were already factored into Denka’s full‑year forecast, leaving the impact on income before income taxes described as negligible, which should reassure investors that headline earnings remain broadly in line with prior guidance.
The most recent analyst rating on (JP:4061) stock is a Hold with a Yen2540.00 price target. To see the full list of analyst forecasts on Denka Co stock, see the JP:4061 Stock Forecast page.
More about Denka Co
Denka Company Limited is a Japanese chemical manufacturer listed on the TSE Prime, known for products ranging from performance materials to elastomers and styrenics. The group operates globally, including through U.S.-based Denka Performance Elastomer and newly consolidated Toyo Styrene, underscoring its focus on specialty chemicals and related industrial applications.
Average Trading Volume: 973,300
Technical Sentiment Signal: Buy
Current Market Cap: Yen376.4B
See more data about 4061 stock on TipRanks’ Stock Analysis page.