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Mitsubishi Gas Chemical Company ( (JP:4182) ) has issued an update.
Mitsubishi Gas Chemical Company has announced significant extraordinary losses due to the suspension of a manufacturing facility in the Netherlands, leading to impairment losses of ¥50.2 billion. This has resulted in a revision of their full-year forecasts, with anticipated declines in net sales and profits, highlighting the challenging business environment and its impact on the company’s financial performance.
The most recent analyst rating on (JP:4182) stock is a Buy with a Yen3273.00 price target. To see the full list of analyst forecasts on Mitsubishi Gas Chemical Company stock, see the JP:4182 Stock Forecast page.
More about Mitsubishi Gas Chemical Company
Mitsubishi Gas Chemical Company, Inc. operates in the chemical industry, focusing on the production of specialty chemicals and materials. The company is known for its diverse range of chemical products and services, catering to various market needs globally.
YTD Price Performance: 6.08%
Average Trading Volume: 1,207,608
Technical Sentiment Signal: Buy
Current Market Cap: Yen560.3B
See more insights into 4182 stock on TipRanks’ Stock Analysis page.