Sakai Chemical Industry Co., Ltd. ( (JP:4078) ) has provided an announcement.
Sakai Chemical Industry Co., Ltd. has revised its earnings and dividend forecasts for the fiscal year ending March 31, 2025, reflecting the positive impacts of its business portfolio reforms. Despite a decline in net sales due to product consolidation and discontinuation, the company reports increased operating profit driven by price revisions, lower expenses, and foreign exchange gains, leading to improved profit forecasts. The company has also increased its dividend forecast in alignment with its shareholder return policy, aiming for stable and consistent dividends.
More about Sakai Chemical Industry Co., Ltd.
Sakai Chemical Industry Co., Ltd. operates in the chemical industry, focusing on products such as titanium oxide and zinc products. The company is engaged in business portfolio reforms to enhance efficiency and align with its medium-term management plan ‘Transformation: BEYOND 2030.’
YTD Price Performance: 4.12%
Average Trading Volume: 68,185
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen44.3B
Learn more about 4078 stock on TipRanks’ Stock Analysis page.