Tokuyama Corporation

4043

JP3625000009

Commodity Chemicals

Delayed Japan Exchange Other stock markets 02:00:00 2024-04-26 am EDT			5-day change	1st Jan Change
2,926 ^JPY	+4.89%		+4.00%	+22.40%

Apr. 17	Idemitsu Kosan Partners Zen-Noh Grain for Sustainable Aviation Fuel Production	MT
Feb. 27	Japan's Idemitsu joins study on U.S. ammonia project	RE

Tokuyama Corporation Revises Earnings Forecast for Fiscal 2023

January 30, 2024

Tokuyama Corporation revised earnings forecast for Fiscal 2023 (April 1, 2023 to March 31, 2024). For the period, the company expects net sales to be JPY 345,000 as compared to previous JPY 355,000. Operating profit to be JPY 26,000 as compared to previous JPY 30,000.

Profit attribute to owners of parents to be JPY 18,000 as compared to previous JPY 22,000. Basic EPS to be JPY 250.17 as compared to previous JPY 305.76.

Latest news about Tokuyama Corporation

Idemitsu Kosan Partners Zen-Noh Grain for Sustainable Aviation Fuel Production	Apr. 17	MT
Japan's Idemitsu joins study on U.S. ammonia project	Feb. 27	RE
Tokuyama Establishes Subsidiary in Vietnam In Anticipation of Increasing Demand	Feb. 23	MT
Tokuyama Corporation Announces Establishment of Subsidiary	Feb. 22	CI
Tokuyama Corporation Revises Earnings Forecast for Fiscal 2023	Jan. 30	CI
Formosa Plastics Corporation agreed to acquire 50% stake in Taiwan Tokuyama Corp. from Tokuyama Corporation.	Jan. 22	CI
Taiwan Tokuyama Corp. announced that it has received TWD 574.081191 million in funding from Tokuyama Corporation	Jan. 21	CI
Tokuyama, OIC to Form Silicon Production JV in Malaysia	Dec. 13	MT
Tokuyama Corporation Resolves to Execute A Joint Venture Agreement with OCI Company Ltd	Dec. 13	CI
OCI Holdings Earmarks $739 Million for Business Expansion in Malaysia	Nov. 02	MT
Tokuyama Corp’s H1 Basic EPS at 86.56 Yen, Net Sales Slips Slightly to 166.11 Billion Yen; Declares 35 Yen Dividend Per Share	23-10-30	MT
Japanese Shares Close Higher Ahead of Bank of Japan's Rate-Setting Meet; Tokuyama Adds 3.96%	23-07-27	MT
Tokuyama Corporation Provides Dividend Guidance for the Second Quarter and Full Year Ending March 31, 2024	23-07-26	CI
Tokuyama Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024	23-07-26	CI
Tokuyama Corporation Announces Early Repayment of an Existing Subordinated Loan	23-07-26	CI
Mitsui Chemicals Tohcello, Inc. entered into an agreement to acquire SunTox Co., Ltd. from Tokuyama Corporation and Rengo Co., Ltd. for ¥10.85 billion.	23-06-28	CI
Tokuyama Corporation Provides Sales Guidance for the Financial Year 2025	23-06-02	CI
Oci, Tokuyama Set Up Joint Venture for Polysilicon Production in Malaysia	23-05-25	MT
Tech Rally Lifts Japanese Stock Market; Solasto Inks 1.3 Billion Yen Acquisition Deal With West Japan Railway	23-05-25	MT
Tokuyama Builds Alliance for Polycrystalline Silicon Business in Malaysia	23-05-25	MT
Tokuyama Corporation Announces Execution of Memorandum of Understanding Pertaining to Collaboration in the Semiconductor-Grade Polycrystalline Silicon Business	23-05-23	CI
Tokuyama Corporation Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024	23-04-27	CI
Tokuyama Corporation Initiates Steps to Consider the Suspension of Operations at a Cement Kiln	23-04-27	CI
Idemitsu Kosan Signs MOU with Korea Electric for Carbon-Free Ammonia Supply Partnership	23-04-24	MT
Tokuyama Corporation Announces Board and Committee Retirements	23-04-21	CI

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Company Profile

Tokuyama Corporation specializes in manufacturing and marketing chemical products. Net sales break down by family of products as follows: - staple chemical products (28%): primarily caustic soda, sodium chlorite, calcium chloride, polyvinyl chloride, polypropylene and methylene; - fine chemistry products (14.6%): primarily for the manufacturing of packaging, dental care equipments and clinical analysis systems; - specialty chemical products (15.1%): detergents, emulsifiers, additives, chemical intermediates, etc.; - other (12.5%). The remaining sales (29.8%) are from the cement production activity. At the end of march 2021, the group had 10 production sites located in Japan (2) and Asia (8). Net sales are distributed geographically as follows: Japan (78.9%), Asia (17.1%) and other (4%).

Sector

Commodity Chemicals

Calendar

2024-07-23 - Q1 2024 Earnings Release (Projected)

Related indices

Nikkei 225

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Ratings for Tokuyama Corporation

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ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

2,926 JPY

Average target price

3,053 JPY

Spread / Average Target

+4.33%

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Quarterly earnings - Rate of surprise

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