The consensus forecast for Mitsubishi Chemical Group's ordinary profit was revised upward by 10.1% week on week to ¥308,542 million. This represents a more bullish view than the company's ¥270,000 million forecast, while the consensus rating also rose to 3.8.
The consensus forecast for Mitsubishi Chemical Group's ordinary profit rose 10.1% from the previous week's ¥280,080 million to ¥308,542 million. The forecast for profit growth versus the previous year's actual results was revised significantly upward, and the current level is viewed as bullish.
The year-on-year profit growth forecast was raised from 39292.4% to 43295.6%. The consensus is above the company's ¥270,000 million forecast.
The consensus rating rose from 3.6 to 3.8, attracting increased investor attention. Related stocks include Asahi Kasei, Nitto Denko, Sumitomo Chemical and SUMCO.
The news was reported as information from IFIS Japan, focusing on trends in Mitsubishi Chemical Group's earnings forecasts.