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Mitsubishi Chemical Group (4188) investor relations material
Mitsubishi Chemical Group Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Semiconductor-related businesses remained steady in Q3 FY25, while materials-related businesses faced ongoing sluggishness due to economic stagnation and weak demand across regions.
Core operating income for the group decreased 2% year-on-year to ¥185.6 billion, supported by strong industrial gases, while net income attributable to owners surged 77% to ¥105.4 billion, mainly due to proceeds from the transfer of Mitsubishi Tanabe Pharma, despite non-recurring losses from business exits.
Structural reforms, including withdrawal from coke and carbon materials, led to additional non-recurring losses and a downward revision of full-year profit forecast.
MTPC and its subsidiaries were transferred on July 1, 2025, and are now classified as discontinued operations, significantly impacting reported results.
Financial highlights
Revenue for the first nine months was ¥2,737.3 billion, down 8% year-on-year, mainly due to lower prices, volumes, and business restructuring.
Core operating income was ¥185.6 billion, down 2% year-on-year.
Net income attributable to owners of the parent was ¥105.4 billion, up 77% year-on-year, mainly due to the sale of Mitsubishi Tanabe Pharma.
Operating income fell 22% year-on-year to ¥113.3 billion.
Basic earnings per share rose to ¥76.70 from ¥41.72 year-over-year.
Outlook and guidance
Full-year profit forecast was revised down from ¥125 billion to ¥47 billion due to additional non-recurring losses from structural reforms and business withdrawals.
Core operating income forecast remains unchanged at ¥250 billion, with continued focus on portfolio transformation and profit improvement.
Year-end dividend forecast maintained at ¥16 per share, annual dividend at ¥32 per share.
Basic earnings per share forecast for the year is ¥34.29.
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