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KUREHA CORPORATION shares fall sharply after swinging to net loss forecast for fiscal year ending March 2026

Fri May 1, 2026 9:20 am JST Catalyst

KUREHA CORPORATION <4023> shares continued to fall significantly. After the close of trading on April 30th, the company announced a downward revision of its consolidated earnings forecast for the fiscal year ending March 2026, swinging from a net profit of 10 billion yen to a net loss of 10.1 billion yen (compared to a profit of 7.8 billion yen in the previous fiscal year). The company also reduced its dividend forecast from 219 yen to 214 yen (compared to 86.70 yen in the previous fiscal year). Selling pressure emerged in response to this negative news.

The revision is due to the expected recording of impairment losses on polyvinylidene fluoride (PVDF) resin manufacturing facilities and Kremezin (chronic renal failure drug) manufacturing facilities. The company also lowered its sales forecast from 165 billion yen to 161 billion yen (down 0.6% from the previous fiscal year).

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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