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Mitsui Chemicals (4183) investor relations material
Mitsui Chemicals Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Operating income before special items for 1-3Q FY2025 was 68.0 billion yen, down 10% YoY, mainly due to inventory valuation losses, maintenance, and low operating rates in Basic & Green Materials.
Sales revenue for 1-3Q FY2025 was 1,218.7 billion yen, down 9% YoY, primarily from lower selling prices and reduced sales in Basic & Green Materials.
Net income attributable to owners of the parent for 1-3Q was 22.6 billion yen, down 40% YoY, with basic EPS at 60.07 yen.
Shareholder returns included a 30.0 billion yen share repurchase, a two-for-one stock split effective January 2026, and a board resolution to repurchase up to 18.4 million shares.
Specialty chemicals domains remained firm, especially ICT Solutions, but Mobility Solutions suffered from U.S. trade policy impacts and supply chain disruptions.
Financial highlights
Gross profit decreased to 271.96 billion yen from 287.84 billion yen YoY.
Operating income before special items was 68.0 billion yen, down 10% YoY; net income attributable to owners of the parent was 22.6 billion yen, down 40% YoY.
Non-recurring items increased to a loss of 13.4 billion yen, mainly from impairment losses and business restructuring.
Cash flows from operating activities remained stable at 141.0 billion yen; free cash flow was 44.0 billion yen.
Cash and cash equivalents at period end increased to 192.2 billion yen.
Outlook and guidance
FY2025 sales revenue forecast revised down to 1,675.0 billion yen, 1.5% below previous guidance.
Operating income before special items forecast at 103.0 billion yen, revised downward due to Basic & Green Materials weakness.
Net income for FY2025 is projected at 42.0 billion yen, up 30% from the previous year but 23.6% below previous forecast.
Specialty chemicals domains forecast to grow 7% YoY to 124.0 billion yen; Basic & Green Materials expected to post a loss of 15.0 billion yen.
Dividend policy targets a total return ratio of 40% or more and DOE of 3% or more.
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