Zeon Corporation Q2 Net Income Doubles as Net Sales Hold Steady
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Zeon Corporation reported Q2 FY2025 consolidated net sales of ¥103.4 billion, unchanged from the previous quarter. Net income surged 97% to ¥14.8 billion, attributed to gains from investment securities. The Specialty Materials Business saw a 13% increase in net sales to ¥33.0 billion, despite a 41% drop in operating income. The Elastomer Business experienced a decline in net sales to ¥54.5 billion and operating income fell to ¥2.3 billion. The company also began consolidating Zeon Korea Co., Ltd. and started a new cyclo olefin polymer production plant.
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