Denka announced its financial results for the first quarter of the fiscal year ending March 31, 2026 (April–June 2025). Consolidated net sales came in at 94.07 billion yen ($640.58 million), down 1.2% year-on-year. Operating profit declined 51.2% to 2.30 billion yen, and ordinary profit fell 53.7% to 1.67 billion yen. Net profit, however, surged 122.2% to 5.00 billion yen, largely…