ISE Chemicals Reports Second Quarter Loss Despite Stable Demand

TOKYO, Jul 30 (Pulse News Wire) – ISE CHEMICALS CORPORATION (4107.T) reported a decline in revenue and profit for the first half of fiscal 2026 due to reduced sales volumes and increased expenses. Despite stable demand for iodine and metal compounds, the company's operating profit fell to 4,136 million yen compared to 4,832 million yen in the same period last year.

The firm maintains its full-year forecast unchanged but remains vigilant about achieving its goals amid fluctuating conditions. Looking ahead, ISE plans to focus on long-term strategies leading up to its centennial anniversary in 2027, emphasizing sustainable development and technological innovation.

A key initiative involves a strategic partnership with Select Water Solutions, Inc., aimed at expanding iodine production capacity in North America through the utilization of produced water from oilfields. The company expects to construct a satellite plant in Texas by mid-2027, targeting an annual production increase of 3,000 metric tons by 2030.

ISE also highlighted its commitment to shareholder returns, maintaining a steady dividend policy while allocating funds towards capital investments and strategic initiatives totaling more than ¥10.00 billion over three years.