Tokuyama (JP:4043) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Tokuyama Corporation reported a decrease in net sales for Q2 Fiscal 2024 due to the exclusion of Excel Shanon Corporation from its consolidation, despite strong semiconductor-related product sales. However, the company saw an increase in operating profit driven by reduced production costs from lower coal prices. Despite uncertainties in raw material prices and currency rates, Tokuyama’s annual performance forecasts remain stable.
For further insights into JP:4043 stock, check out TipRanks’ Stock Analysis page.