Kuraray Co. Reports Decline in Nine-Month Earnings

Kuraray Co ( (KURRF) ) has released its Q3 earnings. Here is a breakdown of the information Kuraray Co presented to its investors.

Kuraray Co., Ltd. is a Japanese company listed on the Tokyo Stock Exchange, primarily engaged in the manufacturing and sale of chemicals, resins, fibers, and textiles, known for its innovative materials and technologies.

In its latest earnings report for the nine months ending September 30, 2025, Kuraray Co. reported a decline in key financial metrics, including net sales, operating income, and net income attributable to owners of the parent, compared to the same period in the previous year.

The company experienced a 3.5% decrease in net sales to ¥593,424 million, while operating income fell by 37.3% to ¥46,358 million. Ordinary income and net income attributable to owners of the parent also saw significant declines of 43.0% and 51.1%, respectively. The downturn was attributed to factors such as inventory valuation differences, decreased sales volume, and rising raw material and fuel prices.

Despite these challenges, Kuraray Co. continues to focus on strategic segments like Vinyl Acetate and Isoprene, where it has seen mixed results. The Vinyl Acetate segment faced a decrease in sales and profit due to economic stagnation in Europe and rising costs, while the Isoprene segment showed improvement with a reduced segment loss, benefiting from stabilized operations at its Thai base.

Looking ahead, Kuraray Co. has revised its full-year forecast for fiscal 2025, anticipating continued challenges but maintaining a focus on strategic growth areas. The company remains committed to shareholder returns, with plans for dividends and share buybacks, reflecting a cautious yet proactive approach in navigating the current economic landscape.