#MitsubishiGasChemical

Mitsubishi Gas Chemical will suspend the polycarbonate production facilities (120,000 tons/year) at its Kashima plant in March 2028. This is part of structural reforms aimed at profitability improvement, with a top priority on maintaining employee employment.

The consolidated subsidiary MSCN has suspended construction work of the MXDA manufacturing facility. Due to difficulty in economic viability, factory closure procedures will begin, with removal completion planned by 2029.

For the consolidated cumulative third quarter of the fiscal year ending March 2026, net sales were ¥549.461 billion (5.8% decrease YoY), operating income was ¥37.804 billion (16.5% decrease YoY), and net loss attributable to owners of the parent was ¥26.160 billion.

Consolidated operating income for the fiscal year ending March 2026 is revised upward by 6.8% from the previous forecast to 47,000 million yen, and ordinary income is revised up by 10.0% to 55,000 million yen. Meanwhile, net income attributable to owners of parent is revised downward by 1,000 million yen to a loss of 18,000 million yen.

For the third quarter of fiscal year 2025, net sales were JPY 549.4 billion (down JPY 33.7 billion YoY), operating income was JPY 37.8 billion (down JPY 7.4 billion YoY), and net income attributable to owners of parent was a loss of JPY 26.1 billion (down JPY 61.7 billion YoY).