IHS Chemical Week

Japanese firms report sharply lower results

11:30 AM MST | February 5, 2013

Leading Japanese chemical companies reported lower earnings and sales for the nine months ended 31 December 2012, as the slowing global economy, weak demand in overseas markets including China, and the continued appreciation of the Japanese currency affected financial performance. Mitsubishi Chemical reported a 71.3% fall in net profits, compared with the year-ago period, to ¥9.16 billion ($99 million). Sales decreased 2.2%, to ¥2.3 trillion. Operating profits decreased 40.9%, to ¥73.5 billion. Nine-month sales at Mitsubishi’s chemicals business decreased by...

Access is for Chemweek 24/7 PLUS Members ONLY

This information is only available to Chemweek 24/7 PLUS members who have subscribed to Chemweek’s Business Daily. If you are a member, please log in, OR if you have a trial membership, please use your trial membership account information. 


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

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