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TYO:8012

2 stories mentioning TYO:8012Updated 28d ago

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Asia

Market Chatter: Nagase & Co. Targets Middle East Supply Risks with New Starch-Based Absorbent Polymer

Nagase & Co. (TYO:8012) has developed a starch-based superabsorbent polymer (SAP) to replace the petroleum-based materials traditionally used in diapers and sanitary pads, Nikkei Asia reported Thursday, citing an official.Japanese startup VVV is releasing a women's incontinence pad on Thursday that uses Nagase's new material, the report said.Nagase developed the material to reduce reliance on naphtha (petroleum) and avoid supply chain disruptions from the Middle East, according to the report.Nagase developed the material in 2023 by combining its subsidiaries' expertise in enzymes and semiconductor-grade plastics.(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.)

TYO:8012
Asia

Nagase & Co's Profit Surges 30% in Fiscal Year 2025

Nagase & Co's (TYO:8012) profit attributable to owners of the parent jumped nearly 30% to 33.1 billion yen for the fiscal year 2025 from 25.5 billion yen a year earlier.The chemical manufacturer's basic earnings per share increased to 78.89 yen from 57.60 yen a year ago, according to a Tokyo bourse filing on Thursday.Net sales climbed 2.9% to 972.8 billion yen for the year ended March 31 from about 945 billion yen in the prior year.It declared a final dividend of 55 yen per share, payable from June 18.For the fiscal year 2026, the company expects attributable profit of 34.5 billion yen, EPS of 84.59 yen, and net sales of 1 trillion yen.Nagase plans to pay interim and year-end dividends of 13 yen and 14 yen per share, respectively, for the year, which is higher than the amount paid in the year-ago period.

TYO:8012

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