TSE:6370Machinery
Does Kurita’s Pentagon Impairment and Earnings Mix Shift Change The Bull Case For Kurita (TSE:6370)?
Earlier in May 2026, Kurita Water Industries revised its consolidated earnings guidance for the year ended March 31, 2026, citing lower net sales of ¥402,800 million and profit attributable to owners of the parent of ¥15,900 million, along with higher operating profit of ¥58,200 million, mainly due to business mix shifts and cost reductions.
The revision reflects the removal of Pentagon from continuing operations and an impairment loss on its related fixed assets, even as service-related...