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ISE CHEMICALS shares fall sharply as operating profit drops 2% in Jan-Mar on lower nickel chloride prices

Thu May 7, 2026 10:16 am JST Catalyst

ISE CHEMICALS CORPORATION <4107> continued to decline sharply. After the close of trading on the 1st, the company announced its consolidated financial results for the first quarter (January-March) of the fiscal year ending December 2026. Sales reached 8,813 million yen (up 7.0% year-on-year), while operating profit came to 1,959 million yen (down 2.0% year-on-year), prompting selling pressure. The metal compounds business fell into an operating loss as sales prices of nickel chloride, a main product, declined below the same period last year. Meanwhile, the core iodine and natural gas business saw increased revenue due to favorable international iodine market conditions, but operating profit remained flat year-on-year due to factors including higher depreciation expenses associated with aggressive capital investment.

Source: MINKABU PRESS

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

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