TSE:4208Chemicals
Why UBE (TSE:4208) Is Up 26.0% After Rapidly Resetting Guidance And Thailand Exit Plan
Earlier in May 2026, UBE Corporation lowered its earnings guidance for the year ended March 31, 2026, citing weaker demand across all segments and extra one-off costs from accelerating the shutdown of its caprolactam and nylon operations in Thailand.
Just two days later, the company issued fresh forecasts for the six months to September 2026 and full year to March 2027, giving investors new visibility on expected profit and earnings per share after the restructuring impact.
We will now...