Kureha's products for EVs were reported to have contributed more to earnings than expected, leading to expectations that first-half results will exceed the plan and sending the stock sharply higher.
According to the article, Kureha is strengthening its supply of components for electric vehicles, and demand for its EV products is reportedly expanding beyond market expectations.
As a result, the outlook for first-half results is expected to exceed the plan, prompting a strong reaction in the company's shares.