IHS Chemical Week

World News and Views :: Top of the News

Mitsubishi Chemical Swings to Loss; Downgrades Earnings and Sales Projections

9:08 AM MDT | August 1, 2012 | Deepti Ramesh

Mitsubishi Chemical reported a net loss of ¥5.57 billion ($71.5 million) in the fiscal first quarter, ended June 30, 2012, compared with a net profit of ¥24.46 billion in the year-ago period. Sales decreased 1.57%, to ¥760.25 billion. In the fiscal first quarter, sluggish demand in overseas markets such as China, the continued appreciation of the Japanese currency, and a slowdown in overseas economies induced by the sovereign-debt crisis in Europe resulted in a challenging business environment for the company's performance products and industrial...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa