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Sekisui Kasei Revises Earnings Forecast Amid Subsidiary Transfer Costs

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Sekisui Kasei Revises Earnings Forecast Amid Subsidiary Transfer Costs

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An announcement from Sekisui Kasei Co., Ltd. ( (JP:4228) ) is now available.

Sekisui Kasei Co., Ltd. announced a revision in its consolidated earnings forecast for the fiscal year ended March 31, 2025, revealing a slight increase in net sales but a decrease in operating and ordinary income compared to previous forecasts. This adjustment is primarily due to the anticipated costs associated with the planned transfer of Proseat Europe GmbH’s business subsidiaries, which have been recorded as expenses, impacting the company’s financial results.

More about Sekisui Kasei Co., Ltd.

Sekisui Kasei Co., Ltd. operates in the manufacturing industry, primarily focusing on producing and distributing plastic and foam products. The company is listed on the Tokyo Prime Market and is known for its innovative solutions in packaging and industrial materials.

Average Trading Volume: 147,941

Technical Sentiment Signal: Sell

Current Market Cap: Yen14.64B

Find detailed analytics on 4228 stock on TipRanks’ Stock Analysis page.

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