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
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Mitsubishi Chemical Group Corp IR Day Transcript

Feb 24, 2023 / NTS GMT
Release Date Price: 円820.6 (+2.14%)
Jean;Marc Gilson
Mitsubishi Chemical Group Corporation - Representative Corporate Executive Officer, President, CEO & Director

Good afternoon, and welcome to our IR Day. Today, it's been a long time since December 2021 and really glad to meet you again today. So let's jump right into it.

So what are you going to hear about today? So the presentation that I'm going to give is really an update on forging the future. It's been 14 months now since December 2021 and what we're going to do today is really talk about the achievements and the solid progress that we've made. I think that what you're going to see is that our focus is really on execution about Forging the Future and we're going to talk about the 5 pillars of our forging the future strategy. And out of the 5 pillars, we will deliver both, on one hand, organic growth. We're talking about EBITDA of about JPY 70 billion and we will also deliver cost improvements of about JPY 135 billion by 2025, and that's an increase from the number that we communicated to you in December 2021.

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