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Kanto Denka Kogyo Co., Ltd. ( (JP:4047) ) has issued an announcement.
Kanto Denka Kogyo reported a decline in net sales by 5% for the first three quarters of the fiscal year ending March 31, 2025, yet saw significant improvements in profits due to increased sales of specialty gases and reduced inventory valuation losses. However, sales of battery materials suffered from a slowdown in the electric vehicle market, and fundamental chemicals faced pricing pressure from overseas competition.
More about Kanto Denka Kogyo Co., Ltd.
Kanto Denka Kogyo Co., Ltd. operates in the chemical industry, focusing on specialty gases, battery materials, and fundamental chemicals, serving sectors like semiconductor manufacturing and electric vehicles.
YTD Price Performance: -1.54%
Average Trading Volume: 225,972
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen55.26B
See more insights into 4047 stock on TipRanks’ Stock Analysis page.