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Process Industries

Mitsubishi Gas Chemical Co., Inc.

Business Summary

Mitsubishi Gas Chemical Co., Inc. engages in the manufacture and sale of organic and inorganic chemicals, petroleum-derived chemicals, and its related products. It operates through the following segments: Natural Gas Chemicals, Aromatic Chemicals, Functional Chemicals, Specialized Functional Materials, and Others. The Natural Gas Chemicals segment produces and sells methanol, ammonia, amines, methacrylate, polyol, enzyme, functional food materials, and crude oil. The Aromatic Chemicals segment engages in the manufacture and sale of xylene isomers and xylene derivatives. The Functional Chemicals segment deals with the production and sale of industrial inorganic chemicals, electronic chemicals, and engineering plastics. The Specialized Functional Materials segment manufactures and sells printed circuit boards and oxygen absorbers. The Others segment covers the real estate business. The company was founded on January 15, 1918 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue705,656M6,279.60M
Gross Profit158,018M1,406.19M
Operating income55,361M492.65M
Income before tax69,628M619.61M
Net income48,295M429.77M
EBITDA87,756M780.93M
Diluted EPS232.142.06
Dividends Per Share800.71
Total Assets928,651M7,651.08M
Total liabilities297,764M2,453.25M
Total equity568,766M4,686.02M
Operating cash flow52,090M463.54M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 635,909M 648,986M 613,344M 595,718M 705,656M
Gross Profit 150,738M 132,020M 126,729M 136,587M 158,018M
Operating income 62,742M 41,387M 34,261M 44,510M 55,361M
Income before tax 73,421M 69,066M 34,343M 48,951M 69,628M
Net income 60,531M 55,000M 21,158M 36,071M 48,295M
EBITDA 90,037M 69,098M 64,232M 75,567M 87,756M
Diluted EPS 281.38 257.45 100.49 173.40 232.14
Dividends Per Share 59 70 70 70 80
Total Assets 785,687M 804,038M 771,733M 836,364M 928,651M
Total liabilities 266,535M 250,749M 223,586M 254,948M 297,764M
Total equity 467,364M 502,961M 492,522M 524,265M 568,766M
Operating cash flow 90,720M 64,042M 74,234M 55,464M 52,090M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 5,737.57M 5,852.27M 5,641.20M 5,616.93M 6,279.60M
Gross Profit 1,360.05M 1,190.49M 1,165.58M 1,287.85M 1,406.19M
Operating income 566.09M 373.21M 315.11M 419.67M 492.65M
Income before tax 662.45M 622.80M 315.86M 461.55M 619.61M
Net income 546.14M 495.96M 194.59M 340.10M 429.77M
EBITDA 812.37M 623.09M 590.77M 712.51M 780.93M
Diluted EPS 2.53 2.32 0.92 1.63 2.06
Dividends Per Share 0.53 0.63 0.64 0.66 0.71
Total Assets 7,387.74M 7,264.20M 7,148.65M 7,568.90M 7,651.08M
Total liabilities 2,506.20M 2,265.42M 2,071.10M 2,307.22M 2,453.25M
Total equity 4,394.58M 4,544.07M 4,562.28M 4,744.47M 4,686.02M
Operating cash flow 818.53M 577.50M 682.76M 522.96M 463.54M

Valuation Measures

Mar 2022
PER8.96
ROA5.47%
ROE8.83%
Operating margin7.84%
Profit margin6.84%

Key executives

  • President & Representative Director: Masashi Fujii
  • Representative Director, Head-Finance & Accounting: Nobuhisa Ariyoshi
  • Director, Head-Compliance, Internal Audit & IR: Motoyasu Kitagawa
  • Executive Officer, Manager-Finance & Accounting: Tomoyuki Kiura
  • Representative Director: Masato Inari

Shareholders

  • Mitsubishi Gas Chemical Co., Inc. (7.9%)
  • Nomura Asset Management Co., Ltd. (5.8%)
  • Asset Management One Co., Ltd. (4.9%)
  • Meiji Yasuda Life Insurance Co. (3.9%)
  • Nippon Life Insurance Co. (3.2%)
  • Japan Agricultural Cooperatives Group (2.2%)
  • The Vanguard Group, Inc. (2.1%)
  • AGC, Inc. (Japan) (1.7%)
  • Mitsubishi UFJ Financial Group, Inc. (1.7%)
  • Concordia Financial Group, Ltd. (1.3%)

Contact Details

  • Website:http://www.mgc.co.jp
  • Address: Mitsubishi Building, 2-5-2 Marunouchi, Tokyo, 100-8324, Japan
  • Phone: +81.3.3283.5000

Related Companies

  • Kyoudou Kasankasuiso Corp.
  • Taixing Lingsu Specialty Materials Co., Ltd.
  • Mitsubishi Gas Chemical Shanghai Commerce Ltd.
  • MGC Montney Holdings Ltd.
  • Mitsubishi Gas Chemical Trading Co., Ltd.
  • MGC Terminal KK
  • Kaiyou Unyu Co., Ltd.
  • A & C KK
  • Mitsubishi Gas Chemical Restricted Stock Compensation Plan
  • MGC Pharma Co., Ltd.
  • Shanghai Ling Yu Trade Co. Ltd.
  • MGC Trading (Thailand) Ltd.
  • Mitsubishi Gas Chemical Engineering-Plastics (Shanghai) Co.,
  • MGC Pure Chemicals Taiwan, Inc.
  • MGC Pure Chemicals Singapore Pte Ltd.
  • Glorious & KSK (Panama) SA
  • MGC Electrotechno (Thailand) Co., Ltd.
  • MGC Pure Chemicals America, Inc.
  • Tai Hong Circuit Industrial Co., Ltd.
  • Suzhou MGC Suhua Peroxide Co., Ltd.
  • Granopt Co., Ltd.
  • Brunei Methanol Co. Sdn. Bhd.
  • Metanol de Oriente, METOR SA
  • Thai Polyacetal Co., Ltd.
  • Mitsubishi Gas Chemical Singapore Pte Ltd.
  • MGC Logistics Service Mizushima Co. Ltd.
  • Tokyo Shokai Ltd.
  • J-Chemical, Inc.
  • Mizushima Kasozai Co. Ltd.
  • Japan Circuit Industrial Co., Ltd.

Competitors

  • Celanese Corporation
  • Hebei Cangzhou Dahua Co. Ltd. Class A
  • Indorama Ventures Public Co. Ltd.
  • Formosa Chemicals & Fibre Corporation
  • Guizhou Zhongyida Co., Ltd. Class A
  • Methanex Corporation
  • Elite Material Co., Ltd.
Last Updated on 26 Sep, 2022

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