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Sumitomo Chemical Co ( (JP:4005) ) just unveiled an announcement.
Sumitomo Chemical Co. reported its consolidated financial results for the second quarter of fiscal year 2025, showing a decline in sales revenue by 11.8% compared to the previous year. Despite this, the company experienced a significant increase in core operating income by 268.8%, indicating improved recurring earnings capacity. The financial results reflect a challenging market environment but also highlight the company’s ability to enhance operational efficiency. The exclusion of XUYOU Electronic Materials (Wuxi) Co., Ltd. from consolidation and a revision of financial forecasts for the fiscal year were noted, impacting stakeholders’ expectations.
The most recent analyst rating on (JP:4005) stock is a Hold with a Yen510.00 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. is a company listed on the Tokyo Stock Exchange, primarily operating in the chemical industry. It focuses on the production and distribution of chemical products and materials, serving various sectors.
Average Trading Volume: 11,778,488
Technical Sentiment Signal: Buy
Current Market Cap: Yen742.7B
For detailed information about 4005 stock, go to TipRanks’ Stock Analysis page.