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Nippon Kayaku Co. Revises Earnings Forecasts Upward

Nippon Kayaku Co. Revises Earnings Forecasts Upward

Nippon Kayaku Co (JP:4272) has released an update.

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Nippon Kayaku Co. has revised its business forecasts, reporting stronger-than-expected earnings for the first half of the fiscal year, driven by optimized selling prices and cost reductions. The company anticipates improved full-year results despite foreign exchange losses, thanks to gains from investment securities sales and reduced tax expenses.

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