An announcement from Nippon Kayaku Co ( (JP:4272) ) is now available.
Nippon Kayaku Co., Ltd. announced measures to address its declining return on equity (ROE) and price-to-book ratio (PBR), which have been below desired levels. The company plans to improve capital efficiency by reducing equity, strengthening shareholder returns, and decreasing strategic stockholdings. These actions aim to enhance profitability and align with the company’s mid-term business plan, ‘KAYAKU Vision 2025.’
More about Nippon Kayaku Co
Nippon Kayaku Co., Ltd. operates in the chemical industry, focusing on products and services that enhance profitability and capital efficiency. The company is listed on the Tokyo Stock Exchange’s Prime Market.
YTD Price Performance: 12.50%
Average Trading Volume: 141
Technical Sentiment Signal: Sell
Current Market Cap: €1.42B
See more data about 4272 stock on TipRanks’ Stock Analysis page.