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Zeon ( (JP:4205) ) just unveiled an announcement.
Zeon Corporation announced a revision in the investment amount for its new cyclo olefin polymers production plant, increasing it from 70 billion yen to 78 billion yen due to rising construction costs. The plant, expected to be completed by the first half of fiscal 2028, is part of Zeon’s strategy to meet growing demand and enhance corporate value, although it will have minimal impact on earnings for the fiscal year ending March 31, 2026.
The most recent analyst rating on (JP:4205) stock is a Buy with a Yen2000.00 price target. To see the full list of analyst forecasts on Zeon stock, see the JP:4205 Stock Forecast page.
More about Zeon
Zeon Corporation operates in the chemical industry, focusing on the production of cyclo olefin polymers. These polymers are known for their excellent optical properties and are used in optical films, lenses, medical, and semiconductor applications. The company aims to leverage this product line as a growth driver in its medium-term business plan.
Average Trading Volume: 604,128
Technical Sentiment Signal: Buy
Current Market Cap: Yen336.3B
Learn more about 4205 stock on TipRanks’ Stock Analysis page.