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Tokyo Ohka surges to new high in afternoon trading as Q1 operating profit jumps 54% on strong generative AI demand
TOKYO OHKA KOGYO CO., LTD. <4186> surged in afternoon trading, reaching a new all-time high. The company announced its consolidated financial results for the first quarter (January-March) of fiscal year ending December 2026 at around 2 p.m. today. Revenue came in at 67,077 million yen (up 23.6% year-on-year) and operating profit at 15,074 million yen (up 53.8% year-on-year), attracting buying interest on the strong performance. Driven by robust demand related to generative AI, TOKYO OHKA achieved significant revenue growth in both electronics functional materials and high-purity chemicals. The operating profit for the quarter represented approximately 29% progress toward the full-year guidance of 52.2 billion yen.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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