Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
The latest announcement is out from Kuraray Co ( (JP:3405) ).
Kuraray Co. reported first-quarter fiscal 2026 net sales of ¥200.9 billion, up from ¥194.8 billion a year earlier, but profits declined across key metrics. Operating income fell to ¥14.9 billion from ¥18.7 billion, ordinary income slid to ¥13.7 billion from ¥17.8 billion, and net income attributable to owners dropped to ¥7.8 billion from ¥12.0 billion.
The results reflect margin pressure despite higher revenue, amid a weaker yen and lower domestic naphtha and overseas natural gas prices compared with the prior year. These shifts in currency and input costs suggest that while top-line demand improved, profitability was squeezed, highlighting ongoing cost and market challenges for the chemical manufacturer in the current environment.
The most recent analyst rating on (JP:3405) stock is a Sell with a Yen1540.00 price target. To see the full list of analyst forecasts on Kuraray Co stock, see the JP:3405 Stock Forecast page.
More about Kuraray Co
Kuraray Co., Ltd. is a Japanese chemical manufacturer that produces advanced materials, specialty chemicals, and functional resins. The company operates globally, supplying inputs to automotive, packaging, construction, and other industrial sectors, and its earnings are sensitive to foreign exchange rates and energy and feedstock prices.
Average Trading Volume: 1,692,051
Technical Sentiment Signal: Hold
Current Market Cap: Yen505.4B
See more insights into 3405 stock on TipRanks’ Stock Analysis page.