Flash | 29 Jul 2026 10:11:21 ET │ 10 pages Zeon (4205.T) Q1 positive - short-term profits beat significantly , and we saw multiple structurally positive changes CITI'S TAKE Results significantly exceeded expectations, with multiple structurally positive changes observed. We regard results as positive for the stock price. Q1 OP was ¥16.3bn, approximately 1.5x consensus of ¥11.0bn. In elastomers, operational execution stood out amid C4 feedstock supply constraints, with rapid price pass-throughs (the company ...