Mitsubishi Chemical Group Corporation
Notice Regarding Withdrawal from Coke and Carbon Materials Business
Mitsubishi Chemical Group will withdraw from the coke and carbon materials business, expecting an extraordinary loss of approximately 85 billion yen, which will be recorded in the third and fourth quarters of the fiscal year ending March 2026.
Key Figures
- Total Extraordinary Loss: Approximately 85 billion yen (including fixed asset impairments, equipment removal costs, and employee support expenses)
- Sales of Targeted Business: 115,790 million yen (Fiscal Year Ending March 2025 Results)
- Planned Timing of Business Withdrawal: Production halt in second half of fiscal 2027, sales termination sequential
AI要約
Background and History of Business Withdrawal
Mitsubishi Chemical Group has been promoting structural reforms in the coke and carbon materials business in line with the 'KAITEKI Vision 35' and the 'Medium-Term Management Plan 2029.' Due to prolonged weak steel demand mainly in China and global oversupply, the company has judged that profit improvement is difficult, and from a portfolio perspective, decided to withdraw from this product segment. Some carbon materials products (pitch-based carbon fibers and related products, anode materials) are excluded from the withdrawal.
Impact on Performance and Future Outlook
The business withdrawal is expected to result in an extraordinary loss of approximately 85 billion yen. Of this, about 19 billion yen will be recorded in the Q3 financial results of the fiscal year ending March 2026, and about 66 billion yen in the Q4 results. These losses are not reflected in the full-year earnings guidance announced on October 31, 2025, and any revisions reflecting their impact will be disclosed after careful examination. Production halt is planned for the second half of fiscal 2027, with sales termination to be implemented sequentially.
