Mitsubishi Gas Chemical Provides Earnings Guidance for the Six Months and Full Year Ending March 31, 2018
August 01, 2017
Share
Mitsubishi Gas Chemical provided earnings guidance for the six months and full year ending March 31, 2018. For the six months, the company expects net sales of ¥290,000 million, operating income was ¥24,000 million Ordinary income was ¥33,000 million, and net income attributable to owners of the parent was ¥26,000 million or ¥120.47 per share.
For the year, the company expects net sales of ¥580,000 million, operating income was ¥44,000 million Ordinary income was ¥59,000 million, and net income attributable to owners of the parent was ¥46,000 million or ¥213.15 per share. ROA is to be 7.8% and ROE is to be 10.4%.
MITSUBISHI GAS CHEMICAL COMPANY, INC. is a Japan-based chemical company. The Company operates in five business segments. The Natural Gas-related Chemicals segment manufactures and sells methanol, ammonia, amine products, methacrylic acid products, multiple alcohol, enzyme and crude. The Aromatic-related Chemicals segment manufactures and sells xylene isomer and xylene derivatives. The Functional Chemicals segment manufactures and sells industrial inorganic chemicals, electronic chemicals and engineering plastics. The Specialty Functional Materials segment manufactures and sells materials for printed circuit boards (PCBs), printed boards and deacidification agents. The Others segment is engaged in the real estate business.
MITSUBISHI GAS CHEMICAL COMPANY, INC. 
