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Japan (1355)


Mitsubishi Chemical: Restart of Kashima Complex Could Take 'Some Time'
Mitsubishi Chemical says that operations at its Kashima, Japan manufacturing complex will not resume for some time because of severe damage to piers at the adjacent port, and to other infrastructure, caused by the earthquake and tsunami that struck the...

Mitsubishi Chemical Holdings upgrades earnings forecast
Mitsubishi Chemical Holdings today announced that it has revised its financial results forecast for fiscal 2014, covering 1 April 2014 through 31 March 2015. Net income has been revised to reach ¥60.0 billion ($500.9 million) from ¥47.0 billion...

Tokuyama reports huge loss
Tokuyama (Tokyo) reports a net loss of ¥65.3 billion ($556.3 million) in the  fiscal year ended 31 March 2015 compared with a net profit of ¥10.2 billion in the previous fiscal year. The huge net loss is because of an extraordinary loss of...

Mitsubishi Chemical to shut phenol plant in June for maintenance
Mitsubishi Chemical will shut its phenol plant at Kashima, Japan, in June for a scheduled maintenance program lasting about a month, the company says. The plant has a production capacity of 250,000 m.t./year of phenol and 150,000 m.t./year of...

Shin-Etsu reports rises in profits and sales
Shin-Etsu Chemical reports net profits rose 13% for the fiscal year ended 31 March compared with the previous fiscal year, to ¥128.6 billion ($1.08 billion). Full-year sales increased 7.7%, to ¥1.25 trillion. Fourth-quarter figures have not been...

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