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Sumitomo Bakelite Reports H1 Profit Growth, Raises FY2027 Guidance

Sumitomo Bakelite said first-half profit increased, supported by strong semiconductor-related operations, and raised its full-year fiscal 2027 guidance.

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Sumitomo Bakelite announced that its first-half profit increased, supported by strong performance in its semiconductor-related operations. As a result of this growth, the company has raised its financial guidance for the full fiscal year 2027. The update reflects positive momentum in its core business segments.

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