Kaneka corrects fiscal year 2025 financial summary

Kaneka Corporation (TSE:4118) announced a correction to its financial summary for the fiscal year ending March 31, 2025, initially disclosed on May 15, 2025. The revision involves a misclassification between research and development (R&D) expenses and selling, general, and administrative (SG&A) expenses. Specifically, R&D expenses for FY2024 have been revised from JPY39.8 billion to JPY39.3 billion. Consequently, the R&D expenses to net sales ratio also sees a slight adjustment from 4.9% to 4.9%. The company clarified that this correction stems from an internal misclassification and does not impact operating income, subsequent profit figures, or the profitability of business segments. Revised materials are available on the company's website.