Mitsubishi Chemical Group Corporation (MTLHY) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you very much for joining Mitsubishi Chemical Group, a corporation's earnings briefing. As we have now reached this time to start, we would like to begin the meeting. To start, President and CEO, Mr. Manabu Chikumoto, will give the opening remarks, followed by a presentation on the fiscal year ending March 2026, second quarter financial results by CFO, Mr. Minoru Kida. After that, we will proceed to question and answer sessions. We are planning to have a meeting for 16 minutes. Before we begin the conference, we would like to share the following information with the investors. In the presentation today, we may refer to forward-looking statements based on the current expectations. Please be advised that all such statements involve risks and uncertainties, and actual results may differ significantly from those projections. And also, this conference is going to be posted in our website later, and I hope you understand. I would like to start the conference. Mr. Tsukamoto, please. Yes. Good afternoon. I am Chiku Mocha, President and CEO of Mitsubishi Chemical Group. Thank you very much for joining us for today for earnings call. Our CFO Chida will provide more detailed explanations later. For FY2025 results, core property income is down 2% to 225 billion yen. However, due to the substantial amount of non-recurring items totaling 194.9 billion yen, operating income declined 79% to 30.1 billion yen, and the profits attributable to owners of the parental sale, 74% to 11.8 billion yen, resulting in extremely challenging results. However, these results reflect our strong determination to fully carry out what must be done by FY2025. For the company's future growth, as a result, we made decisive structural reforms such as essential substantial sustainable growth, the withd...