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Kanto Denka Kogyo Co., Ltd. ( (JP:4047) ) has issued an announcement.
Kanto Denka Kogyo Co., Ltd. reported a decrease in its consolidated financial results for the first quarter of the fiscal year ending March 31, 2026, with net sales slightly down by 2% compared to the previous year. The company experienced significant declines in operating profit, ordinary profit, and profit attributable to owners of the parent, with decreases of 38.5%, 61.3%, and 54.5% respectively. The company has revised its performance forecast for the fiscal year, expecting a 6.7% increase in net sales but a decline in profits. The impact of a recent fire at the Shibukawa Plant is still under investigation and not reflected in the current earnings forecast.
More about Kanto Denka Kogyo Co., Ltd.
Kanto Denka Kogyo Co., Ltd. is a company listed on the Tokyo Stock Exchange, primarily involved in the chemical industry. It focuses on the production and distribution of various chemical products.
Average Trading Volume: 116,957
Technical Sentiment Signal: Sell
Current Market Cap: Yen49.46B
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