Sumitomo Kagaku KK

4005

Equity

ISIN JP3401400001 / Valor 763394

Tokyo Stock Exchange (2024-12-25)

JPY 344.30-0.29%

Sumitomo Kagaku KK
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About company

Sumitomo Kagaku KK, a subsidiary of Sumitomo Chemical Group, operates across five key sectors: Essential Chemicals & Plastics, Energy & Functional Materials, IT-related Chemicals, Health & Crop Sciences, and Pharmaceuticals. Established in 1913, the company initially focused on producing fertilizers from sulfur dioxide emissions to address environmental issues from the Besshi copper mine. Today, Sumitomo Kagaku KK provides a diverse range of products that cater to various industries globally, contributing to both industrial applications and everyday consumer needs.

Summarized from source with an LLMView SourceSector: Industrials

Revenue Growth

Sumitomo Kagaku KK reported a significant increase in sales revenue for the first quarter of fiscal year 2024, reaching ¥612.1 billion. This marks an increase of ¥49.0 billion compared to the same period in fiscal year 2023.

Operating Income

For Q1 FY2024, Sumitomo Kagaku KK achieved an operating income of ¥11.5 billion, a notable improvement from the operating loss recorded in Q1 FY2023. This positive shift reflects better market conditions and operational efficiencies.

Net Income

Sumitomo Kagaku KK's net income attributable to owners of the parent for Q1 FY2024 was ¥24.4 billion. This is a substantial turnaround from the net loss experienced in the first quarter of the previous fiscal year.

Core Operating Income

The company's core operating income for Q1 FY2024 was ¥5.7 billion. This metric, which excludes non-recurring factors, indicates a recovery in the company's recurring earning capacity compared to the previous year.

Dividends

Sumitomo Kagaku KK maintained its annual dividend forecast for FY2024 at ¥9.00 per share, consistent with the previous fiscal year. The company plans to distribute ¥3.00 per share at the end of the second quarter and ¥6.00 per share at the year-end.

Summarized from source with an LLMView Source

Key figures

3.15%1Y

-36.7%3Y

-31.1%5Y

Performance

33.7%1Y

28.0%3Y

31.3%5Y

Volatility