Mitsubishi Gas Chemical Company, Inc.
Notice Regarding Suspension of Polycarbonate Production at Kashima Plant
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.
Key Figures
- Polycarbonate Production Capacity: 120,000 tons/year (Kashima Plant)
- Planned Suspension Timing: March 2028
- Optical Resin Polymer "Yupizeta® EP": Not subject to production suspension
AI要約
Background and Reason for Production Suspension
Mitsubishi Gas Chemical Company, Inc. has decided to suspend production at the polycarbonate plant at the Kashima plant by March 2028 due to challenges in profitability and capital efficiency caused by market oversupply and downturn. This measure is part of the structural reforms of core businesses under the medium-term management plan "Grow UP 2026" and follows considerations for improving profitability, as the continuation of unprofitable operations is expected. After suspension, structural reforms will progress through domestic deployment of products from overseas plants, optimization of production capacity, and enhancement of high value-added products.
Future Response and Outlook
The polycarbonate production facilities subject to suspension have an annual production capacity of 120,000 tons within the Kashima plant, with suspension planned for March 2028. The optical resin polymer "Yupizeta® EP" of the Optical Materials Division is not subject to suspension. Maintaining employee employment is the highest priority and appropriate measures will be taken. The impact on earnings for the fiscal year ending March 2026 is currently under review and will be promptly disclosed as necessary.
