- Mitsubishi Chemical‘s third-quarter net income was 18.45 billion yen, marking a 50% decrease from the previous year. Analysts had estimated a net income of 20.74 billion yen.
- Operating income for the third quarter was 52.82 billion yen, down 29% from the same period last year.
- Net sales for the quarter totaled 1.09 trillion yen, a slight decrease of 0.5% compared to the previous year. The company fell short of the estimated 1.13 trillion yen.
- The company maintains its full-year forecast, expecting an operating income of 218.00 billion yen, lower than the analyst estimate of 240.29 billion yen.
- They forecast a net income of 52.00 billion yen for the full year, whereas analysts’ estimates suggest 57.98 billion yen.
- Mitsubishi Chemical projects total net sales of 4.47 trillion yen for the year, against an estimate of 4.55 trillion yen.
- The expected dividend remains unchanged at 32.00 yen, aligning with market expectations.
- Analyst recommendations include 8 buy ratings, 3 hold ratings, and 1 sell rating for Mitsubishi Chemical.
A look at Mitsubishi Chemical Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
As per the Smartkarma Smart Scores, Mitsubishi Chemical is in a strong position for the long term. With top scores in both Value and Dividend, the company demonstrates solid financial health and a commitment to rewarding investors. However, the Growth score, while respectable, indicates potential for further expansion. In terms of Resilience and Momentum, Mitsubishi Chemical scores lower, suggesting some challenges in adapting to market fluctuations and maintaining a steady growth pace.
Mitsubishi Chemical Holdings Corporation, a result of the merger of Mitsubishi Chemical and Mitsubishi Pharma, stands as a robust holding company overseeing its subsidiaries’ operations. With a promising outlook in terms of both value and dividends, investors may find Mitsubishi Chemical an attractive long-term investment opportunity, despite some room for improvement in growth, resilience, and momentum aspects.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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