Kawaguchi Chemical Reports 5% Drop in Rubber Chemical Sales

Kawaguchi Chemical (TYO:4361) recently announced financial results for fiscal 2015 (Dec. 1, 2014–Nov. 30, 2015). Net sales were down 2 percent year-on-year to 6.6 billion yen ($57.57 million) on slower rubber chemicals sales. The company is targeting net sales of 7.0 billion yen in 2016. Kawaguchi Chemical provides organic rubber chemicals for tires and various rubber products.

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