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Kuraray Co. Reports FY2024 Financial Results with Notable Extraordinary Losses

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Kuraray Co. Reports FY2024 Financial Results with Notable Extraordinary Losses

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An announcement from Kuraray Co ( (JP:3405) ) is now available.

Kuraray Co., Ltd. reported its actual financial results for FY2024, revealing a slight underperformance compared to its forecast. While net sales, operating income, and ordinary income were close to expectations, net income significantly fell short due to extraordinary losses, including impairment losses in its methacrylic and other businesses, and losses on disposal of fixed assets. Despite these setbacks, the company maintained its year-end dividend forecast.

More about Kuraray Co

Kuraray Co., Ltd. is a company operating in the chemical industry, focusing on producing advanced materials and chemicals with a market emphasis on innovative solutions to meet diverse industry needs.

YTD Price Performance: -0.52%

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $4.39B

See more data about 3405 stock on TipRanks’ Stock Analysis page.

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