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Sanyo Chemical merges subsidiary, boosts profit forecasts

August 1, 2025 at 06:23 AM UTCBy FilingReader AI

Sanyo Chemical Industries will merge wholly-owned subsidiary Sanyo Chemical Logistics effective November 1, 2025, following a logistics function transfer to DHL Supply Chain.

The company recognized 8 billion yen in deferred tax assets from a prior merger, revising consolidated net profit forecasts to 11.5 billion yen for September 2025 and 16 billion yen for March 2026.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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