Mitsubishi Gas Chemical raises FY2027 operating profit forecast to JPY 71 billion

Reuters2026/08/07 06:32

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

MGC raised its FY ending March 2027 outlook on Aug. 7, 2026, lifting net sales to JPY 860,000 million from JPY 840,000 million.
Operating profit forecast increased to JPY 71,000 million from JPY 59,000 million; profit attributable to owners seen at JPY 55,000 million from JPY 46,000 million.
First-half forecast lifted to net sales JPY 440,000 million from JPY 420,000 million; operating profit to JPY 41,000 million from JPY 28,000 million.
Revision driven by higher methanol, engineering plastics prices tied to Middle East tensions; inventory gains; weaker yen assumptions.
Assumed FX rates for the rest of the year set at JPY 160 per $1, JPY 185 per €1, both JPY 5 weaker.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MGC - Mitsubishi Gas Chemical Co. Inc. published the original content used to generate this news brief on August 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Mitsubishi Gas Chemical raises FY2027 operating profit forecast to JPY 71 billion

You may also like

Crypto prices