Mitsubishi Chemical Group Completes Interim Review of First Quarter IFRS Consolidated Financial Results

TOKYO, Aug 07 (Pulse News Wire) – Mitsubishi Chemical Group Corporation (4188.T) completed the interim review of its first quarter IFRS consolidated financial results for the fiscal year ending March 2027. The review was conducted by certified public accountants and concluded without changes to the previously disclosed condensed quarterly consolidated financial statements released on July 31, 2026.

For the quarter ended June 30, 2026, the company reported a revenue increase compared to the same period last year. Core operating profit rose significantly, contributing to higher pre-tax income and net profit attributable to parent shareholders. Specific figures included: - Revenue: ¥1.00 trillion million (up 14.0%) - Core Operating Profit: ¥114.1 billion (up 101.7%) - Pre-Tax Income: ¥83.31 billion (up 131.6%) - Net Profit Attributable to Parent Shareholders: ¥117.0 billion (up 97.7%) The company's capital stood at ¥5.88 trillion million, with a shareholder equity ratio of 31.0%. Looking ahead, Mitsubishi Chemical revised its annual performance forecast due to adjustments made specifically for the cumulative second quarter projections. Detailed explanations and additional notes are available in the attached documents.

--- Mitsubishi Chemical attributed the improved financial performance to robust personal consumption in the US, AI-related demand driving equipment investments, and steady corporate earnings supporting capital expenditure in Japan. However, global economic growth slowed amid concerns over China’s economic slowdown and weaker European economies. Despite these challenges, key segments such as Specialty Materials and MMA & Derivatives saw significant increases in sales revenues and core operating profits. The company plans to hold analyst meetings to discuss these results further. Additional details and future outlooks are outlined in the supplementary materials provided.