KANTO DENKA KOGYO CO.,LTD. [4047.T]
TOKYO, Jun 29 (Pulse News Wire) – Kanto Denka Kogyo CO.,LTD. (4047.T) updated its business strategy aimed at achieving sustainable growth and enhancing long-term corporate value.
The company analyzed and evaluated its current performance against capital costs and stock prices, noting mixed results across segments. Special gases saw stable performance despite August's fire incident, while battery materials faced significant deviations due to EV market slowdown and intensified competition. For fiscal year 2027, Kanto Denka expects special gas demand to rise, driven by AI applications and higher raw material costs, leading to potential revenue surpassing projections.
Battery materials are forecast to return to profitability through supply chain diversification and increased demand for stationary energy storage systems, though still falling short of mid-term plan goals. The company also outlined plans to enhance shareholder returns, aiming to maintain dividend payout ratios aligned with mid-term objectives. Additionally, Kanto Denka emphasized efforts to improve operational efficiency, strengthen external environmental resilience, and advance ESG initiatives, including safety measures and sustainability programs.
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