TYO:4043

3 stories mentioning TYO:4043Updated 6d ago

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Market Chatter: Formosa Tokuyama Advanced Starts Work on NT$1 Billion Capacity Expansion Project

Formosa Tokuyama Advanced Chemicals Co, a joint venture company of Formosa Plastics Corp (TPE:1301) and Tokuyama Corporation (TYO:4043), has begun work to expand the capacity of its semiconductor materials facility in Kaohsiung, Taiwan, according to a Commercial Times report on Friday, citing company statements at a press conference.Formosa Plastics' shares were down 2% in Monday's trade.The company plans to invest NT$1 billion to start operations of the project in 2028, which will add 30 million kilograms of annual production capacity.Formosa Tokuyama Advanced Chemicals was established in collaboration with Formosa Plastics in 2020 to manufacture high-purity isopropyl alcohol for the electronics industry.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TPE:1301TYO:4043

Asia11d ago

Tokuyama Profit Rises 6% in Fiscal Q1

Tokuyama (TYO:4043) posted a 6% year-over-year increase in profit attributable to owners of the parent to 5.2 billion yen for the first quarter ended June 30 from 4.91 billion yen.The chemicals company's earnings per share increased to 72.34 yen from 68.27 yen a year ago, according to a Tokyo Stock Exchange filing on Wednesday.Net sales jumped 4.7% to 85.65 billion yen from 81.83 billion yen in the year-ago period.For the fiscal year ending March 31, 2027, the company forecasts an attributable profit of 26 billion yen, EPS of 361.38 yen, and net sales of 392 billion yen.The company plans to pay a second-quarter dividend of 60 yen per share for the current fiscal year.

TYO:4043

Asia103d ago

Tokuyama's Profit Slips 5.1% in Fiscal 2025

Tokuyama's (TYO:4043) profit attributable to owners of the parent fell 5.1% to 22.2 billion yen for the fiscal year 2025 from 23.4 billion yen a year earlier.The chemicals company's basic earnings per share declined to 308.64 yen from 325.08 yen a year ago, according to a Tokyo bourse filing.Net sales edged up 1.9% to 349.5 billion yen for the full year ended March 31 from 343.1 billion yen in the prior year.It declared a final dividend of 60 yen per share, payable from June 29.Tokuyama's attributable profit, EPS, and net sales forecasts for the fiscal year 2026 will be determined at a later date due to high uncertainty.The company has yet to determine its dividend forecast for the year.

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