Kurita Kogyo KK
6370
ISIN JP3270000007 / Valor 762413
Kurita Kogyo KK
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About company
Kurita Kogyo KK is a global leader in water treatment solutions, providing a comprehensive range of services and products including water treatment chemicals, facilities, and maintenance. In the U.S., Kurita America, Inc. spearheads operations, offering total solutions and water quality management services, particularly focusing on the electronics industry through precision tool cleaning via Pentagon Technologies Group, Inc. The company also leverages AI-driven data analysis technologies from Fracta, Inc., and supplies chemicals for RO membrane equipment through Avista Technologies, Inc. In South America, Kurita do Brasil LTDA. has been active for about 40 years, serving industries such as automobiles, steel, chemicals, and food, with a strong presence in Brazil. Additionally, Kurita's operations extend across the Middle East, Africa, and Europe, with Kurita Europe GmbH in Germany coordinating activities in eight countries.
Summarized from source with an LLMView SourceSector: IndustrialsLatest Results (07.08.2024):
Revenue Growth
Kurita Kogyo KK reported net sales of 384,825 million yen for the fiscal year ended March 31, 2024, marking an 11.7% increase compared to the previous fiscal year. This growth was driven by higher sales in both the Electronics Industry and General Industry segments.
Profit Increase
For the fiscal year ended March 31, 2024, Kurita Kogyo KK achieved a profit attributable to owners of parent of 29,189 million yen, which represents a 45.0% increase from the previous fiscal year. This significant rise in profit was supported by improved operating efficiencies and a reduction in other expenses.
Segment Performance
In the Electronics Industry segment, Kurita Kogyo KK saw a 15.7% year-on-year increase in net sales, reaching 172,698 million yen. However, business profit in this segment decreased by 8.3% due to a decline in precision tool cleaning sales and higher costs associated with facility projects.
General Industry Segment
The General Industry segment experienced a 9.8% increase in total orders, amounting to 224,346 million yen. Net sales in this segment grew by 8.6% year-on-year to 212,127 million yen, driven by the addition of new subsidiaries and increased recurring contract-based services.
Financial Position
As of March 31, 2024, Kurita Kogyo KK's total assets stood at 557,407 million yen, an increase of 55,869 million yen from the previous fiscal year. This growth in assets was primarily due to higher trade and other receivables, increased inventories, and the acquisition of new facilities in the ultrapure water supply business.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
4054 M
Market cap (USD)
199,600
Daily traded volume (Shares)
5569 / 5427
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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