Japanese Chemical Trader blog

Japan Chemical Trading Blog

Kuraray Announces Excellent Results

According to an article in the Nikkei Newspaper, a leading Japanese daily economic press, dated March 27th, Kuraray’s consolidated operating profit for the fiscal year ending March 2015 will be around Japanese Yen 57 billion, an approximate 14% increase from the forecast for the present period.

It seems that the expected results exceed the expectation of investors, and Kuraray’s share price as of March 27th increased by 11 yen (0.96%) compared with the previous day, to 1,154 yen.

I have great expectations for this company, which was established by a person I respect, Mr. Magosaburo Ohara.