Zeon Corporation Q2 Net Income Doubles as Net Sales Hold Steady
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.
Zeon Corporation reported consolidated net sales of ¥103.4 billion for the second quarter of FY2025, remaining flat quarter-on-quarter. Operating income was ¥7.2 billion, down 40% from the previous quarter, while ordinary income was also ¥7.2 billion, a 40% decrease quarter-on-quarter. Net income rose to ¥14.8 billion, up 97% from the previous quarter, mainly due to gains on the sale of investment securities. In the Specialty Materials Business, net sales increased to ¥33.0 billion, up 13% quarter-on-quarter and 6% year-on-year, driven by higher shipments of large size films and battery materials. However, operating income for this segment declined by 41% quarter-on-quarter and 22% year-on-year to ¥4.3 billion, partly due to the deferral of cyclo olefin polymer (COP) shipments from the first half to the second half of the year. The Elastomer Business recorded net sales of ¥54.5 billion, down from ¥58.1 billion in the previous quarter, reflecting sluggish demand in overseas tire markets and lower selling prices following a decrease in raw material costs. Operating income for the Elastomer Business was ¥2.3 billion, down from ¥4.2 billion quarter-on-quarter. Zeon Korea Co., Ltd. was included in the scope of consolidation starting from FY2025. Results at overseas affiliates for April to June 2025 are reflected in the second quarter consolidated results. The company also noted the start of a new production plant for cyclo olefin polymer during the period. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zeon Corporation published the original content used to generate this news brief on October 30, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
