Nippon Kayaku Co (JP:4272) has released an update.
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Nippon Kayaku Co., Ltd. has updated its financial outlook, predicting an increase in net sales, operating income, ordinary income, and net income attributable to owners for both the second quarter and full fiscal year ending March 31, 2025. The upward revision is credited to a rebounding semiconductor market, solid performance in European and Chinese automotive markets, internal cost reductions, and a favorable exchange rate due to a weakening yen. These projections are based on current market conditions and may change with future economic developments.
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