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Sekisui Chemical Co ( (JP:4204) ) just unveiled an update.
Sekisui Chemical Co., Ltd. has announced an extraordinary impairment loss due to the postponement of the commercialization of its BR ethanol technology. The company has decided to dismantle and liquidate its plant in Kuji City, resulting in significant financial losses. Despite the setback, Sekisui Chemical plans to address technical challenges and cost reductions while leveraging the knowledge gained from this technology for future developments.
The most recent analyst rating on (JP:4204) stock is a Hold with a Yen2929.00 price target. To see the full list of analyst forecasts on Sekisui Chemical Co stock, see the JP:4204 Stock Forecast page.
More about Sekisui Chemical Co
Sekisui Chemical Co., Ltd. operates in the chemical industry, focusing on innovative technologies and products. The company is involved in the development and commercialization of technologies such as the BR ethanol technology, which converts combustible waste into ethanol.
Average Trading Volume: 1,845,954
Technical Sentiment Signal: Buy
Current Market Cap: Yen1044.7B
Find detailed analytics on 4204 stock on TipRanks’ Stock Analysis page.