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Mitsui Chemicals Reports FY2024 Financial Shortfall

Story Highlights
  • Mitsui Chemicals operates in the chemical industry with a focus on ICT and healthcare solutions.
  • The company reported lower-than-expected FY2024 results due to sales declines and increased taxes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mitsui Chemicals Reports FY2024 Financial Shortfall

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

Mitsui Chemicals reported a shortfall in its FY2024 financial results compared to its previous forecasts. The decline was primarily due to decreased sales in the ICT Solutions segment and an impairment loss in the Life & Healthcare Solutions segment, along with increased income tax expenses. Despite these challenges, the company maintained its dividend forecast.

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 and supplying a wide range of chemical products and solutions. The company is involved in various market segments, including ICT Solutions and Life & Healthcare Solutions.

Average Trading Volume: 1,359,985

Technical Sentiment Signal: Sell

Current Market Cap: Yen612.6B

Find detailed analytics on 4183 stock on TipRanks’ Stock Analysis page.

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