Kuraray stock gets a Texas carbon capacity boost
Published on 10/08/2026 at 01:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKuraray stock (ISIN JP3269600007) is tied to first-half sales of JPY 431.0 billion, up 7.8 percent year over year for the period through June 2026. The latest company-linked development is a multi-million-dollar expansion at subsidiary Calgon Carbon in Texas, announced on October 7, 2026.
Texas expansion broadens carbon capacity
According to Manila Times on October 7, 2026, Calgon Carbon completed an expansion at its Crosby facility that is designed to increase reactivated carbon output capacity substantially. Calgon Carbon is a wholly owned Kuraray subsidiary, and the project strengthens its position in industrial purification products across the Gulf Coast.
The event gives Kuraray a concrete operating angle beyond its interim figures. Calgon Carbon produces activated carbon products for purification applications, while Kuraray also supplies engineered polymers and elastomer materials to automotive, medical and industrial customers.
First-half profit rose 9.8 percent
For January through June 2026, operating profit reached JPY 28.8 billion, an increase of 9.8 percent from the prior-year period, while ordinary profit rose 22.1 percent to JPY 26.0 billion, according to Corporate Visit on September 30, 2026.
The comparison matters because the sales increase exceeded the operating-profit increase, indicating that revenue growth did not translate into an equivalent expansion of operating profitability. Interim net profit attributable to owners of the parent was JPY 14.2 billion, up 1.4 percent year over year.
Sales forecast rises to JPY 880 billion
Kuraray raised its fiscal 2026 sales forecast from JPY 850 billion to JPY 880 billion on August 7, 2026, while keeping its operating-profit forecast at JPY 70 billion and net-income forecast at JPY 40 billion, Corporate Visit reported.
That forecast requires JPY 41.2 billion of operating profit in the July to December period, compared with JPY 28.8 billion in the first half. The second-half target therefore places greater weight on execution in the remaining fiscal year, especially in businesses exposed to industrial and automotive demand.
Investing.com lists a Neutral consensus from 8 analysts, including 1 Buy, 5 Hold and 2 Sell ratings. The average 12-month target is JPY 1,750.0, with a high of JPY 2,800 and a low of JPY 1,380.
Fiscal sales forecast reaches JPY 880 billion
The JPY 880 billion sales forecast, the JPY 70 billion operating-profit target and the Texas capacity project give Kuraray stock three distinct operating markers for the rest of fiscal 2026. The key test is whether stronger sales can support the unchanged profit target as the company expands capacity in purification materials.
Kuraray stock facts
- Company: Kuraray Co., Ltd.
- ISIN: JP3269600007
- Ticker: 3405
- Trading venue: Tokyo Stock Exchange
- Sector / Industry: Basic Materials / Chemicals
