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Sumitomo Chemical Co ( (JP:4005) ) has shared an announcement.
Sumitomo Chemical Co., Ltd. reported a foreign exchange loss of ¥18,427 million for the first quarter of fiscal year 2025 due to fluctuations in foreign exchange rates affecting assets and liabilities in foreign currencies. This financial impact is detailed in the company’s consolidated financial results, highlighting the challenges posed by currency volatility on its operations.
The most recent analyst rating on (JP:4005) stock is a Hold with a Yen370.00 price target. To see the full list of analyst forecasts on Sumitomo Chemical Co stock, see the JP:4005 Stock Forecast page.
More about Sumitomo Chemical Co
Sumitomo Chemical Co., Ltd. operates in the chemical industry, providing a wide range of chemical products and services. The company focuses on various market segments, including petrochemicals, energy, and materials, aiming to deliver innovative solutions and sustainable practices.
Average Trading Volume: 8,916,077
Technical Sentiment Signal: Buy
Current Market Cap: Yen611.1B
For a thorough assessment of 4005 stock, go to TipRanks’ Stock Analysis page.