Mitsubishi Chemical Group Corp (TSE:4188)
円 801.4 8.2 (1.03%) Market Cap: 1.14 Til Enterprise Value: 2.88 Til PE Ratio: 12.47 PB Ratio: 0.66 GF Score: 79/100

Q3 2021 Mitsubishi Chemical Holdings Corp Earnings Call Transcript

Feb 03, 2021 / NTS GMT
Release Date Price: 円747 (+1.16%)
Mikio Kasubuchi
Mitsubishi Chemical Holdings Corporation - Manager of Corporate Management Office

[Interpreted] Good afternoon, Kasubuchi of corporate management office. Let me start my presentation.

Please turn to Page 4. There, you can see the quarterly changes of core operating income and loss, starting from Q3 of FY 2018. For this fiscal year ending March 2021, core operating income for Q1 was JPY 15 billion, and for second quarter or Q2, JPY 39.4 billion, both remaining at a constrained level due to the impact of COVID-19. But beginning in early fall, we saw recovery in the automobile product and others to the previous year's level or even higher. Due to these factors and others, overall demand exceeded expectations beginning in October. For Q3, core operating income totaled JPY 59 billion, far larger than a year earlier, which was JPY 50.2 billion. From here, I will be reporting on operating results, mainly focusing on the 9 months total. But for the core operating income, I would like to explain the results for the 3 months of Q3 as well.

Page 5, consolidated statements of

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