- Operating Income: Mitsubishi Chemical‘s operating income for 1Q 2024 is 85.00 billion yen, a 22% increase year-over-year (y/y), outperforming the estimate of 52.25 billion yen.
- Net Income: Net income stands at 39.65 billion yen, a decrease of 6.8% y/y, but significantly higher than the estimate of 11.4 billion yen.
- Net Sales: The company’s net sales reached 1.13 trillion yen, marking a 6.4% y/y increase, ahead of the 1.12 trillion yen estimate.
- First Half Forecast:
- Operating income: 84.00 billion yen
- Net income: 10.00 billion yen
- Net sales: 2.25 trillion yen
- 2025 Year Forecast:
- Operating income: 210.00 billion yen (estimate: 230.59 billion yen)
- Net income: 52.00 billion yen (estimate: 58.86 billion yen)
- Net sales: 4.62 trillion yen (estimate: 4.63 trillion yen)
- Dividend per share: 32.00 yen (estimate: 32.00 yen)
- Market Reaction:
- Shares fell 3% to 867.20 yen
- Total of 4.9 million shares traded
- Analysts’ recommendations: 6 buys, 5 holds, 0 sells
A look at Mitsubishi Chemical Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 4.0 |
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
With top scores in Value, Dividend, and Growth, Mitsubishi Chemical appears to have a strong foundation for long-term success. The company’s high marks in these areas signal a promising outlook for investors seeking stable returns and potential for growth. However, the lower scores in Resilience and Momentum suggest some challenges that the company may face in adapting to market changes and sustaining its growth momentum.
Mitsubishi Chemical Holdings Corporation, formed from the merger of Mitsubishi Chemical and Mitsubishi Pharma, oversees the operations of its subsidiaries. The company’s stellar performance in Value, Dividend, and Growth underscores its solid financial standing and commitment to rewarding shareholders. While facing some resilience and momentum issues, Mitsubishi Chemical shows promise for investors looking for a company with significant long-term potential.
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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