FINWIRES · TerminalLIVE
FINWIRES

Dainichiseika Plans Restructuring to Lift ROE Toward 5% Target

By

Dainichiseika Color & Chemicals Mfg (TYO:4116) said it will implement a group-wide business restructuring aimed at lifting profitability and improving growth potential, according to a Thursday filing on the Tokyo Stock Exchange.

The company said the restructuring is intended to help achieve long-term targets of 9% return on equity and 5% return on assets, with interim milestones of at least 5% ROE and 4.3% ROA by fiscal 2027.

It said the restructuring will focus on reviewing its business portfolio, including possible downsizing or withdrawal from non-core operations, as well as streamlining production, sales and administrative functions. The company will also reorganise production sites and review personnel allocation as part of the plan.

Dainichiseika has set up a dedicated unit, "Project RISE", to oversee the execution of the restructuring measures. It said specific details of the plan will be disclosed around autumn 2026.

The company's shares were up 5% in late Friday trade.

Related Articles

Asia

Namchow Logs Nearly NT$31 Million in Q1 Profit

Namchow (TPE:1702) posted a profit attributable to owners of the parent of NT$30.6 million, or NT$0.12 per basic share, for the first quarter of 2026, according to a Thursday Taiwan Exchange filing.Shares slid about 2% in Friday's midday trade.Operating revenue accumulated by the consumer goods conglomerate stood at NT$5.82 billion.The company did not disclose comparative year-ago figures in the filing.

$TPE:1702
Asia

Clean TeQ Water Secures Design and Construct Contract For Broken Hill's New South Wales Mine

Clean TeQ Water (ASX:CNQ) secured a contract from Broken Hill Operations, a wholly-owned unit of Broken Hill Mines (ASX:BHM), for a new ATA tailings dewatering plant at the Rasp mine in New South Wales, according to a Friday Australian bourse filing.The plant forms part of Broken Hill Operations' ramp-up of its Rasp mine to a 750,000-tonnes-per-annum nameplate production rate, with practical completion of the dewatering plant targeted for the first half of 2027.Clean TeQ and Broken Hill Operations are also finalizing a long-term polymer supply agreement for the supply of ATA reagents and licensing of ATA technology to the mine.Clean TeQ's shares fell 1% in recent trading on Friday.

$ASX:BHM$ASX:CNQ
Asia

SUTL Enterprise, Keppel Bay Agree to Extend Long-Stop Date

SUTL Enterprise (SGX:BHU) subsidiary ONE15 Marina KB and Keppel Bay agreed to defer the long-stop date to July 31, in connection with the acquisition of property and assets at the Marina at Keppel Bay, according to a Friday filing with the Singapore Exchange.Earlier, the two parties had signed a put and call option agreement to acquire Keppel Bay's assets for SG$40 million.

$SGX:BHU