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The latest update is out from Harima Chemicals Group, Inc. ( (JP:4410) ).
Harima Chemicals Group has revised its fiscal 2025 consolidated earnings forecast, leaving net sales unchanged at ¥108 billion but substantially raising profit projections, with operating income expected to rise to ¥3.3 billion, ordinary income to ¥2.8 billion, and net income attributable to the parent to ¥1.85 billion. The company cited stronger-than-expected performance in its Resins and Tall Oil Products business driven by new paint resin products, as well as robust demand in its Electronic Materials division for resins used in semiconductor resists, offsetting weaker sales in Paper Chemicals in Japan and China and lower-than-anticipated volumes in the Lawter business due to a sluggish recovery in Europe and the U.S.; as a result, profitability is now forecast to grow significantly year on year, signaling improved earnings efficiency despite flat overall sales.
The most recent analyst rating on (JP:4410) stock is a Hold with a Yen1008.00 price target. To see the full list of analyst forecasts on Harima Chemicals Group, Inc. stock, see the JP:4410 Stock Forecast page.
More about Harima Chemicals Group, Inc.
Harima Chemicals Group, Inc., listed on the Tokyo Stock Exchange Prime Market, operates in the chemical industry with core businesses in resins and tall oil products, electronic materials, paper chemicals, and the Lawter segment. Its products serve markets such as paint resins, semiconductor-related materials, and chemicals for paper manufacturing across Japan, China, the United States, and other regions.
Average Trading Volume: 47,554
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen23.53B
For a thorough assessment of 4410 stock, go to TipRanks’ Stock Analysis page.