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Chemical Week Magazine :: Business & Finance :: Asia/Pacific
Mitsubishi Chemical Targets Â¥5 Trillion in Sales by Fiscal 2015
6:44 PM MST | December 16, 2010 | â€”DEEPTI RAMESH
Mitsubishi Chemical has launched a five-year management plan targeting sales of Â¥5 trillion ($59.5 billion) by fiscal 2015, ending March 31, 2016 compared with estimated sales of Â¥3.19 trillion in fiscal 2010. With the new plan, the company expects to report operating profits of Â¥400 billion in fiscal 2015, compared with the operating profits forecast of Â¥203 billion for fiscal 2010. Mitsubishi says it aims to increase its overseas sales as a proportion of total sales. Overseas sales currently account for about 34% of Mitsubishiâ€™s total. It aims to increase...
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