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Kanto Denka Kogyo Co., Ltd. ( (JP:4047) ) just unveiled an update.
Kanto Denka Kogyo Co., Ltd. reported a fire at its Shibukawa Plant, resulting in one fatality and one injury. The incident damaged one of the nitrogen trifluoride production lines. An investigation revealed that improper valve operation led to the fire, and the company is revising its equipment operating methods to prevent recurrence. While operations for other products have resumed, the unaffected nitrogen trifluoride line will restart after implementing safety measures, and the damaged line is under assessment.
The most recent analyst rating on (JP:4047) stock is a Hold with a Yen923.00 price target. To see the full list of analyst forecasts on Kanto Denka Kogyo Co., Ltd. stock, see the JP:4047 Stock Forecast page.
More about Kanto Denka Kogyo Co., Ltd.
Kanto Denka Kogyo Co., Ltd. operates in the chemical industry, focusing on the production of specialty gases and chemicals, including nitrogen trifluoride, which is used in various industrial applications.
Average Trading Volume: 151,679
Technical Sentiment Signal: Sell
Current Market Cap: Yen49.98B
Learn more about 4047 stock on TipRanks’ Stock Analysis page.