Mitsubishi Gas Chemical’s share price rose sharply, and the company raised its consolidated forecast for the fiscal year ending March 2027, supported by price pass-through in response to higher raw material and fuel prices. The stock is up for a third straight session.
Mitsubishi Gas Chemical’s share price rose sharply for a third straight session. The stock continued to attract buying during the day, with attention focused on after-hours trading as an indicator of the market’s reaction.
The company raised its consolidated revenue forecast for the fiscal year ending March 2027 from ¥860 billion to ¥900 billion. As the filing does not provide specific year-on-year profit figures, the report focuses primarily on the revenue forecast increase.
The company explained that the upward revision reflects progress in passing through higher costs associated with rising raw material and fuel prices. This is expected to support revenue growth.