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An announcement from Tosoh ( (JP:4042) ) is now available.
Tosoh Corporation has revised its financial forecast for the fiscal year ending March 31, 2025, primarily due to fluctuating market conditions. While sales are expected to decrease due to economic challenges in China and a sluggish semiconductor demand recovery, operating and ordinary income forecasts have improved owing to the yen’s depreciation and strong performance in the water treatment business.
More about Tosoh
Tosoh Corporation operates in the chemical industry, focusing on products such as petrochemicals, advanced materials, and specialty products. It serves markets that include but are not limited to electronics, healthcare, and environmental solutions.
YTD Price Performance: -0.94%
Average Trading Volume: 282
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $4.24B
For a thorough assessment of 4042 stock, go to TipRanks’ Stock Analysis page.
