FilingReader Intelligence

Denka Q1 net income surges 122% on land sale

August 7, 2025 at 02:19 AM UTCBy FilingReader AI

Denka Company Limited reported Q1 net income surged 122.2% to ¥5,001 million despite operating income falling 51.2% to ¥2,302 million on sales of ¥94,067 million.

The gain came from land sales, while the temporary suspension of its chloroprene rubber facility boosted operating income by ¥0.9 billion.

The company expects extraordinary losses from Q2 due to labor and material removal costs but plans to offset these with proceeds from land and cross-shareholding sales.

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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