EIKEN Chemical Co. Ltd. Reports Decrease in Cash and Deposits; Accounts Receivable and Prepaid Expenses Down for Fiscal Year Ending March 31, 2025

Reuters

05/16

EIKEN Chemical Co. Ltd. Reports Decrease in Cash and Deposits; Accounts Receivable and Prepaid Expenses Down for Fiscal Year Ending March 31, 2025

EIKEN Chemical Co., Ltd. has released its consolidated financial results for the year ended March 31, 2025. The company reported net sales of ¥42.2 billion, reflecting a year-on-year increase of 4.1%. Operating profit for the period rose by 8.3% to ¥3.25 billion. However, the ordinary profit saw a decline of 3.1%, totaling ¥3.1 billion. The profit attributable to owners of the parent company increased by 69.2%, reaching ¥3.77 billion. The basic earnings per share for the period stood at ¥116.52. In a significant development, the company's Board of Directors resolved to transfer all equity interests in its consolidated subsidiary, EIKEN CHINA CO., LTD. This decision was announced following a board meeting on May 13, 2025. The company cited challenging business environments, including rising costs due to yen depreciation and high crude oil prices, as factors influencing its financial performance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EIKEN Chemical Co. Ltd. published the original content used to generate this news brief on May 16, 2025, and is solely responsible for the information contained therein.

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Reports Decrease in Cash and Deposits; Accounts Receivable and Prepaid Expenses Down for Fiscal Year Ending March 31, 2025\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        EIKEN Chemical Co., Ltd. has released its consolidated financial results for the year ended March 31, 2025. The company reported net sales of ¥42.2 billion, reflecting a year-on-year increase of 4.1%. Operating profit for the period rose by 8.3% to ¥3.25 billion. However, the ordinary profit saw a decline of 3.1%, totaling ¥3.1 billion. The profit attributable to owners of the parent company increased by 69.2%, reaching ¥3.77 billion. The basic earnings per share for the period stood at ¥116.52. In a significant development, the company's Board of Directors resolved to transfer all equity interests in its consolidated subsidiary, EIKEN CHINA CO., LTD. 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Reports Decrease in Cash and Deposits; Accounts Receivable and Prepaid Expenses Down for Fiscal Year Ending March 31, 2025\n    \n\n        EIKEN Chemical Co., Ltd. has released its consolidated financial results for the year ended March 31, 2025. The company reported net sales of ¥42.2 billion, reflecting a year-on-year increase of 4.1%. Operating profit for the period rose by 8.3% to ¥3.25 billion. However, the ordinary profit saw a decline of 3.1%, totaling ¥3.1 billion. The profit attributable to owners of the parent company increased by 69.2%, reaching ¥3.77 billion. The basic earnings per share for the period stood at ¥116.52. In a significant development, the company's Board of Directors resolved to transfer all equity interests in its consolidated subsidiary, EIKEN CHINA CO., LTD. This decision was announced following a board meeting on May 13, 2025. 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