Sumida Corporation (JP:6817) has released an update.
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Sumida Corporation has revised its full-year financial forecast for 2024, citing a decline in demand due to economic challenges in Europe and China, and plans to implement structural reforms to optimize costs. Despite these setbacks, the company remains committed to its dividend forecast and is focusing on long-term growth, especially in decarbonization projects. The company aims to strengthen profitability and achieve sustainable growth through strategic initiatives.
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