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An update from Sumitomo Seika Chemicals Co., Ltd. ( (JP:4008) ) is now available.
Sumitomo Seika Chemicals Co., Ltd. has announced the recognition of extraordinary losses for the fiscal year ended March 31, 2025, due to mischarging by a subsidiary and impairment losses in its Functional Materials segment. Consequently, the company has revised its full-year consolidated financial forecasts, anticipating a decrease in net sales, operating profit, ordinary profit, and profit attributable to owners of the parent, primarily due to a stronger yen and the recorded extraordinary losses.
More about Sumitomo Seika Chemicals Co., Ltd.
Sumitomo Seika Chemicals Co., Ltd. operates in the chemical industry, focusing on products such as pharmaceuticals-related products, functional materials, and gas products. The company is listed on the Prime Market of the Tokyo Stock Exchange.
YTD Price Performance: 1.75%
Average Trading Volume: 30,333
Technical Sentiment Signal: Sell
Current Market Cap: Yen65.79B
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