Mitsubishi Chemical Group expects operating profit of 300 billion yen for the fiscal year ending March 2027, an increase of about nine times from the previous year's 30 billion yen. As of August 27, the company's stock price was 1,171 yen, with a PBR of 0.87 times, below its net assets. The previous year's operating profit fell sharply due to an impairment loss of 98.4 billion yen, but core operating profit was nearly flat at 225 billion yen. First-quarter operating profit was 118.4 billion yen, with a progress rate of 39.5% against the full-year forecast, exceeding the plan. The company cites uncertainty due to rising raw material and fuel prices amid Middle East tensions, but the first-quarter profit margin was 11.8%, above the full-year forecast of 7.9%, suggesting the plan is conservative.
Mitsubishi Chemical Group CorporationCompany forecasts FY2027 operating profit of 300 billion yen, ~9x the prior year, with Q1 profit margin of 11.8% above the full-year plan.
