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.


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