Sumitomo Bakelite Company Limited

4203

JP3409400003

Commodity Chemicals

Market Closed - Japan Exchange Other stock markets 02:00:00 2024-04-26 am EDT			5-day change	1st Jan Change
4,386 ^JPY	+2.19%		+1.15%	+18.49%

Feb. 29	Sumitomo Bakelite Company Limited Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024	CI
Feb. 29	Sumitomo Bakelite Company Limited Announces Management Changes	CI

Sumitomo Bakelite : Closure and Production Transfer of Yamaroku Kasei Industry Co., Ltd.

March 27, 2024 at 08:11 pm EDT

March 28, 2024 Tokyo, Japan - March 28, 2024 Sumitomo Bakelite Co., Ltd. (TOKYO: 4203 HQ: Shinagawa-ku, Tokyo, President and Representative Director: Kazuhiko Fujiwara) announces that it has decided to close Yamaroku Kasei Industry Co., Ltd., a 100% owned subsidiary of our company, which produces phenolic molding compounds, and consolidate its production products at Shizuoka Plant of our company. [...]

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Sumitomo Bakelite Co. Ltd. published this content on 28 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 March 2024 00:10:00 UTC.

Latest news about Sumitomo Bakelite Company Limited

Sumitomo Bakelite Company Limited Provides Consolidated Earnings Guidance for the Year Ending March 31, 2024	Feb. 29	CI
Sumitomo Bakelite Company Limited Announces Management Changes	Feb. 29	CI
Sumitomo Bakelite Company Limited Revises Year End Dividend Guidance for the Year Ending March 31, 2024	Feb. 29	CI
Sumitomo Bakelite's Nine-Month Profit Up Almost 12%	Feb. 06	MT
Sumitomo Bakelite Company Limited Reports Earnings Results for the Nine Months Ended December 31, 2023	Feb. 04	CI
Sumitomo Bakelite's Fiscal H1 EPS Jumps to 236.39 Yen as Revenue Slips 1.1% to 141.94 Billion Yen; Declares Interim Dividend of 70 Yen Per Share, Upbeat on 2024 Forecasts	Nov. 06	MT
Sumitomo Bakelite Company Limited Announces Dividends of Surplus (Interim Dividend), Effective Date December 1, 2023	23-10-31	CI
Sumitomo Bakelite Company Limited agreed to acquire 90% stake in Film businesses of Asahi Kasei Pax.	23-10-12	CI
Tranche Update on Sumitomo Bakelite Company Limited's Equity Buyback Plan announced on May 15, 2023.	23-09-25	CI
Sumitomo Bakelite Company Limited's Equity Buyback announced on May 15, 2023 has expired with 499,900 shares, representing 1.07% for ¥2,999.49 million.	23-09-21	CI
Sumitomo Bakelite Company Limited Reports Earnings Results for the First Quarter Ended June 30, 2023	23-08-06	CI
Tranche Update on Sumitomo Bakelite Company Limited's Equity Buyback Plan announced on May 15, 2023.	23-07-02	CI
Sumitomo Bakelite Company Limited Reports Earnings Results for the Full Year Ended March 31, 2023	23-05-14	CI
Sumitomo Bakelite Company Limited announces an Equity Buyback for 750,000 shares, representing 1.59% for Â¥3,000 million.	23-05-14	CI
Sumitomo Bakelite Company Limited authorizes a Buyback Plan.	23-05-14	CI
Sumitomo Bakelite Company Limited completed the acquisition of an additional 65.99% stake in Kawasumi Laboratories, Incorporated from a group of shareholders for ¥25.7 billion.	20-09-29	CI
Sumitomo Bakelite Company Limited made an offer to acquire the remaining 76.95% stake in Kawasumi Laboratories, Incorporated from a group of shareholders for ¥27 billion.	20-07-30	CI
Sumitomo Bakelite Company Limited Announces Dividend Guidance for the Fiscal Year Ending March 31, 2021	20-07-26	CI
Sumitomo Bakelite Company Limited Announces Dividend Guidance for the Second Quarter of the Fiscal Year Ending March 31, 2021	20-07-26	CI
Sumitomo Bakelite Company Limited Revises Earnings Guidance for the Year Ended March 31, 2021	20-07-26	CI
Sumitomo Bakelite Company Limited Revises Dividend Guidance for the Fiscal Year Ended March 31, 2020	20-05-17	CI
Sumitomo Bakelite Company Limited Revises Earnings Guidance for the Year Ended March 31, 2020	20-04-27	CI
Sumitomo Bakelite Co., Ltd. Reports Condensed Consolidated Earnings Results for the Nine Months Ended December 31, 2019	20-02-13	CI
Sumitomo Bakelite Company Limited Announces Consolidated Earnings Results for the Six Months Ended September 30, 2019; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020	19-11-10	CI
Sumitomo Bakelite Company Limited Announces Consolidated Earnings Results for the Three Months Ended June 30, 2019; Provides Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2020	19-08-04	CI

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Company Profile

Sumitomo Bakelite Company Limited is a Japan-based company mainly engaged in the manufacture and sale of semiconductor-related materials, high-functional plastic and quality of life related products. The Company operates in three segments. The Semiconductor-related Materials segment provides epoxy molding materials for semiconductor encapsulation, liquid resins for semiconductor uses and semiconductor substrate material. The High-Functional Plastic segment provides phenolic molding materials, industrial phenolic resins, molding products and synthetic resin-based adhesives, among others. The Quality of Life Product-related segment offers medical equipment, thermoplastic resins, vinyl resin sheets and melamine resin decorated sheets, among others. Other businesses include contract works of research and test and the leasing of land, etc.

Sector

Commodity Chemicals

Calendar

2024-05-12 - Q4 2023 Earnings Release

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Ratings for Sumitomo Bakelite Company Limited

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ESG Refinitiv

C+

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Sell

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BUY

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4,386 JPY

Average target price

4,583 JPY

Spread / Average Target

+4.50%

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Plastics

Sumitomo Bakelite Company Limited

Equities

4203

JP3409400003

Commodity Chemicals

Sumitomo Bakelite : Closure and Production Transfer of Yamaroku Kasei Industry Co., Ltd.

EPS Revisions