Mitsui Chemicals Reports FY2024 Financial Results with Mixed Performance

Mitsui Chemicals ( (JP:4183) ) has shared an announcement.

Mitsui Chemicals reported its consolidated financial results for FY2024, showing a slight increase in sales revenue and operating income. Despite challenges in certain segments, the company saw growth in Life & Healthcare Solutions and Mobility Solutions. The organizational reforms and segment revisions implemented in April 2024 are expected to impact future performance positively. However, the company faced a decrease in net income and cash flow challenges, indicating a need for strategic adjustments to maintain financial stability.

The most recent analyst rating on (JP:4183) stock is a Sell with a Yen3650.00 price target. To see the full list of analyst forecasts on Mitsui Chemicals stock, see the JP:4183 Stock Forecast page.

More about Mitsui Chemicals

Mitsui Chemicals, Inc. operates in the chemical industry, focusing on producing a wide range of chemical products. The company is involved in various segments, including Life & Healthcare Solutions, Mobility Solutions, ICT Solutions, and Basic & Green Materials, catering to diverse market needs.

Average Trading Volume: 1,359,985

Technical Sentiment Signal: Sell

Current Market Cap: Yen612.6B

For detailed information about 4183 stock, go to TipRanks’ Stock Analysis page.