Nagaoka secures major order for Middle East propylene plant
Nagaoka International Corporation has received a large order for its screen internals, totaling approximately JPY 600 million. The order stems from equipment renewal demand at a propylene plant in the Middle East, where Nagaoka's products had been previously supplied. The company stated its track record with the client led to the adoption of its products for this latest upgrade.
The contract specifies a delivery deadline of December 2026 for the screen internals. Nagaoka confirmed that this substantial order is already incorporated into its consolidated earnings forecast for the fiscal year ending June 2026.
Consequently, the company's financial outlook for the fiscal year ending June 2026 remains unchanged, as previously disclosed in the "Financial Report for the Fiscal Year Ended June 2025" released on August 8, 2025.
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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