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Kanto Denka Kogyo Reports Fire Incident at Shibukawa Plant

Story Highlights
  • A fire at Kanto Denka’s Shibukawa Plant caused one fatality and damaged a production line.
  • The company is investigating the cause and resuming operations for undamaged lines.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kanto Denka Kogyo Reports Fire Incident at Shibukawa Plant

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An announcement from Kanto Denka Kogyo Co., Ltd. ( (JP:4047) ) is now available.

Kanto Denka Kogyo Co., Ltd. reported a fire incident at its Shibukawa Plant, resulting in one employee fatality and another injury. The fire damaged one of the nitrogen trifluoride production lines, and the company has established an Accident Investigation Committee to determine the cause and prevent recurrence. Operations for undamaged production lines have resumed, and the company is working to restart the damaged line pending necessary approvals.

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 such as nitrogen trifluoride. The company is listed on the TSE Prime Market and is known for its expertise in chemical manufacturing, serving various industrial sectors.

Average Trading Volume: 157,751

Technical Sentiment Signal: Buy

Current Market Cap: Yen52.45B

For a thorough assessment of 4047 stock, go to TipRanks’ Stock Analysis page.

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