Mitsubishi Chemical Group KK

4188

Equity

ISIN JP3897700005 / Valor 2137680

Tokyo Stock Exchange (2024-12-26)

JPY 784.20+0.32%

Mitsubishi Chemical Group KK
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About company

Mitsubishi Chemical Group KK is a diversified chemical company that operates globally, engaging in a wide range of business activities aimed at addressing various social issues through its offerings. The company's portfolio encompasses a broad spectrum of chemical products and solutions, including performance materials, chemicals, and healthcare products. As a key player in the chemical industry, Mitsubishi Chemical Group leverages its extensive research and development capabilities to innovate and provide products that contribute to the sustainable development of society. While the company emphasizes its commitment to environmental sustainability and social responsibility, its core business strategy focuses on the continuous growth of its chemical, performance materials, and healthcare segments to meet the evolving needs of its global customer base.

Summarized from source with an LLMView SourceSector: Finance

Revenue Growth

In the first half of the fiscal year ending March 31, 2025, Mitsubishi Chemical Group KK reported a sales revenue increase of 4.3% compared to the same period in the previous year. The revenue reached ¥2,242.1 billion, reflecting a moderate recovery in demand across various sectors despite uncertainties in the global market.

Core Operating Income

Mitsubishi Chemical Group KK's core operating income for the first half of FY2024 saw a significant rise of 44.2%, amounting to ¥172.4 billion. This increase was driven by improved cost and selling price balance and a recovery in demand for key products.

Net Income Decline

Despite the increase in core operating income, Mitsubishi Chemical Group KK experienced a decline in net income attributable to owners of the parent, which fell by 39.1% to ¥40.9 billion. This decrease was influenced by various market and operational factors.

Dividend Payments

The company maintained its dividend policy, with a scheduled payment of ¥16.00 per share for the first half of the fiscal year. The total annual dividend forecast remains unchanged at ¥32.00 per share, reflecting the company's commitment to shareholder returns.

Financial Outlook

For the full fiscal year ending March 31, 2025, Mitsubishi Chemical Group KK has revised its earnings forecast. The company anticipates a sales revenue of ¥4,470,000 million, with a core operating income of ¥290,000 million, indicating a cautious yet optimistic outlook amidst global economic uncertainties.

Summarized from source with an LLMView Source

Key figures

-7.72%1Y

-6.99%3Y

-4.58%5Y

Performance

31.2%1Y

27.7%3Y

28.9%5Y

Volatility