Mitsubishi Gas Chemical Company (4182) Investor presentation summary

Management overview and strategic direction

• Pursuing transformation into an excellent company with uniqueness and presence, focusing on innovation and business portfolio resilience.

• Medium-term plan 'Grow UP 2026' targets strengthening business resiliency and promoting sustainability management.

• Vision for 2030 centers on leveraging chemistry for societal value and sustainable growth.

Progress on medium-term management plan

• Significant investments in ICT businesses, including capacity expansion in Thailand for IC packaging materials and ongoing EL chemicals projects.

• Delays in reaping returns from some investments, especially EL chemicals, with impairment losses impacting FY2025 results.

• Business structure reforms include discontinuing unprofitable projects (MXDA in Europe, PC production at Kashima) and asset sales, yielding ¥15 billion in FY2025 earnings improvement.

Financial performance and targets

• FY2025 saw a net loss due to impairment losses, but electronic materials performed well.

• FY2026 targets: net sales ¥850 billion, operating profit ¥85 billion, ROE 9%+, ROIC 8%+.

• Specialty Chemicals expected to drive profit growth, with Green Energy & Chemicals also improving.