Mitsubishi Gas Chemical Company, Inc. revised consolidated earnings guidance for the half year ending September 30, 2023 and full year ending March 31, 2024. For the first half, the company now expects net sales of ¥380,000 million against previous guidance of ¥390,000 million; Operating profit is now expected to be ¥14,000 million against previous guidance of ¥22,000 million; Profit attributable to owners of parent is now expected to be ¥25,000 million against previous guidance of ¥33,000 million. Basic earnings per share is now expected to be ¥122.19 against previous guidance of ¥161.31.

For the year, the company now expects net sales of ¥840,000 million against previous guidance of ¥850,000 million; Operating profit is now expected to be ¥46,000 million against previous guidance of ¥54,000 million; Profit attributable to owners of parent is now expected to be ¥47,000 million against previous guidance of ¥56,000 million. Basic earnings per share is now expected to be ¥229.71 against previous guidance of ¥273.73.