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JAPAN

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...

Ube announces business plan, will invest $1.37 billion over the next 3 years
Ube Industries has unveiled a new medium-term management plan for the next three years. Ube is targeting operating profits of ¥55 billion ($540 million) in the fiscal year ending 31 March 2016 compared with operating profits of ¥29.9 billion in the...

Sumitomo Chemical reports huge net loss
Sumitomo Chemical reports a net loss of ¥51 billion ($498 million) in the fiscal year ended 31 March compared with a net profit ¥5.58 billion in the previous fiscal year due to large extraordinary losses and an additional corporate tax adjustment with...

Ube records fall in profits and sales
Ube Industries reports a 64.2% fall in net profits for the fiscal year ended 31 March compared with the previous fiscal year, to ¥8.2 billion ($80.5 million). Full-year sales decreased 1.9%, to ¥626 billion. Ube’s chemicals and plastics segment...

Tosoh reports rise in profits
Tosoh recorded a 79.8% rise in net profits for its fiscal year ended 31 March compared with the previous fiscal year, to ¥16.9 billion ($166 million). Full-year sales decreased 2.7%, however, to ¥668.5 billion, because of falling demand for...

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