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.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"4182","jir_company_name":"Mitsubishi Gas Chemical Company, Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-02-20","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/4182-20260220-01.pdf","jir_short_summary":"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.","jir_summary":"### Background of Construction Suspension\nMGC Specialty Chemicals Netherlands B.V. (MSCN), a consolidated subsidiary of Mitsubishi Gas Chemical Company, Inc., has decided to suspend construction of the metaxylene diamine (MXDA) manufacturing facility. Due to significant changes in the business environment including construction delays, soaring construction costs, and intensified competition, options such as resuming construction or collaborating with other companies were considered, but economic viability was deemed difficult to secure. Accordingly, impairment losses on fixed assets were recorded in the quarterly financial reports for November 2025 and February 2026.\n\n### Future Measures and Impact on Performance\nGoing forward, factory closure procedures including removal of the facilities will commence, with removal completion scheduled for 2029. The impact of this matter on the consolidated and non-consolidated performance for the fiscal year ending March 2026 is currently under review and will be promptly disclosed if necessary. Costs such as facility removal expenses and contract processing fees are expected to be recognized going forward.","jir_financial_highlights":"Suspension of Construction Work: Suspension decided (February 20, 2026) (Unknown)\nImpairment Loss on Fixed Assets Recognized: Recognized in the 2nd and 3rd quarter financial reports for the fiscal year ending March 2026 (Unknown)\nFacility Production Capacity: Annual 25,000 MT (Unknown)","jir_category":"","jir_hashtags":"#MitsubishiGasChemical, #general_ir, #JapaneseStocks","jir_key_figures":"Construction Suspension Decision Date: February 20, 2026\nEstablishment of MSCN: January 2021\nMXDA Production Capacity: Annual 25,000 MT","jir_meta_title":"Mitsubishi Gas Chemical Decides to Suspend Construction of MXDA Manufacturing Facility by Consolidated Subsidiary and Plans Factory Closure","jir_meta_description":"Mitsubishi Gas Chemical Company, Inc. has suspended construction of metaxylene diamine manufacturing facilities by consolidated subsidiary MSCN and has begun factory closure procedures. Removal completion is planned by 2029, with impact on performance under review.","jir_og_title":"Mitsubishi Gas Chemical Announces Suspension of Facility Construction by MSCN","jir_og_description":"Decision to suspend construction of MXDA manufacturing facility by consolidated subsidiary. Factory closure procedures have started and impact on performance is under review.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7778,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-30518","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n