Kurita Water Industries navigates downturn with CSV, shareholder focus

Kurita Water Industries (TSE:6370) reported consolidated financial results for the fiscal year ended March 31, 2025, revealing a mixed performance despite a global economic recovery. Net sales increased 6.3% to JPY 408.9 billion, with business profit rising 17.0% to JPY 49.2 billion. However, operating profit declined 24.1% to JPY 31.3 billion and profit attributable to owners of parent decreased 30.4% to JPY 20.3 billion. The company attributed the profit decline to impairment losses on US-based subsidiaries, notably a JPY 16.5 billion loss related to Pentagon Technologies Group.