Rasa Industries rises for 3rd straight session on plan to build new high-purity phosphoric acid plant in Taiwan
Rasa Industries, Ltd. <4022> extended gains for a third straight session. After market close on Sep 30, Rasa Industries announced it plans to build a new factory in Taiwan to manufacture high-purity phosphoric acid for semiconductors, drawing positive market reaction.
Against the backdrop of expanding generative AI and data center demand, global semiconductor demand is expected to grow further. As a result, the need to boost production of high-purity phosphoric acid has intensified in Taiwan, a major global semiconductor manufacturing hub. Rasa Industries aims to establish a supply structure capable of meeting growing demand. The investment totals about 18.8 billion yen, with completion planned for fiscal 2028. Rasa Industries noted the impact on earnings for the fiscal year ending Mar 2027 will be minimal.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
Related Articles
-
HOSOKAWA MICRON ranks 4th in 'rising sell forecasts' on Minkabu individual investor sentiment
Thu Oct 1, 2026 1:06 pm JST Catalyst -
Tokyo Prime market breadth: 632 gainers, 878 decliners as of 1 p.m.
Thu Oct 1, 2026 1:03 pm JST Market -
Eltes surges to daily limit-up bid in afternoon session after signing partner agreement with X Corp.
Thu Oct 1, 2026 1:19 pm JST Catalyst -
PIETRO shares firm after announcing dressing price hikes from Jan. 1 shipments
Thu Oct 1, 2026 1:09 pm JST Catalyst -
IRISO ELECTRONICS sharply extends losses to new year-to-date low as company forecasts 36% drop in operating profit for FY3/2027
Thu Oct 1, 2026 1:04 pm JST Catalyst -
Okura Industrial shares fall sharply after announcement of 1,255,800-share secondary offering, raising supply-demand concerns
Thu Oct 1, 2026 12:48 pm JST Catalyst -
Global Security Experts extends gains after capital and business tie-up with Keyware Solutions
Thu Oct 1, 2026 12:39 pm JST Catalyst -
Tokyo stocks (afternoon open) ? Nikkei average flat compared to morning close
Thu Oct 1, 2026 12:31 pm JST Market -
Happiness and D falls for 12th straight session, hitting new year-to-date lows as Long Corridor cuts stake
Thu Oct 1, 2026 12:32 pm JST Catalyst -
'iPS cells' ranks 21st in popular themes, regains spotlight with world's first clinical use of myocardial sheet
Thu Oct 1, 2026 12:22 pm JST Feature