Kumiai Kagaku Kogyo KK

4996

Equity

ISIN JP3267600009 / Valor 762314

Tokyo Stock Exchange (2024-10-24)

JPY 793.00-0.63%

Kumiai Kagaku Kogyo KK
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About company

Kumiai Kagaku Kogyo KK, commonly known as Kumiai Chemical, is a Japanese company specializing in the development, production, and distribution of agrochemicals. The company focuses on providing solutions that enhance agricultural productivity and sustainability, addressing critical global challenges such as food security and environmental preservation. Kumiai Chemical's product portfolio includes herbicides, insecticides, and fungicides designed to protect crops from pests and diseases, thereby supporting farmers in achieving higher yields and more efficient farming practices. With a commitment to innovation and quality, the company aims to contribute to the agricultural sector's growth while promoting environmentally responsible practices.

Summarized from source with an LLMView SourceSector: Industrials

Revenue Growth

In the fiscal year 2023, Kumiai Kagaku Kogyo KK reported a significant increase in net sales, reaching 161,002 million yen, up from 145,302 million yen in 2022. This marks a continued upward trend in the company's revenue performance.

Operating Profit Increase

Kumiai Kagaku Kogyo KK's operating profit for 2023 rose to 14,089 million yen, compared to 12,673 million yen in 2022. This improvement reflects the company's enhanced operational efficiency and cost management strategies.

Strengthened Ordinary Profit

The company's ordinary profit also saw a notable increase in 2023, amounting to 24,115 million yen, up from 23,570 million yen in the previous year. This growth indicates a robust financial position and effective management of both core and non-core business activities.

Net Income Growth

Profit attributable to owners of the parent at Kumiai Kagaku Kogyo KK grew to 18,024 million yen in 2023, up from 16,329 million yen in 2022. This rise in net income highlights the company's ability to enhance shareholder value through increased profitability.

Asset and Equity Enhancement

By the end of 2023, Kumiai Kagaku Kogyo KK's total assets had increased to 226,939 million yen from 204,604 million yen in 2022, and net assets improved to 139,845 million yen from 121,995 million yen, demonstrating a solid growth in the company's asset base and equity strength.

Summarized from source with an LLMView Source

Key figures

-29.2%1Y

-6.82%3Y

-19.5%5Y

Performance

36.0%1Y

32.8%3Y

34.3%5Y

Volatility