Mitsubishi Gas Chemical Moves Forward With Business Portfolio Reforms

摘要

Mitsubishi Gas Chemical Co. Inc. (MGC; TYO:4182) is making progress with business portfolio reforms aimed at shifting to a profit structure resilient to environmental changes. Marking the first year of MGC’s medium-term management plan, fiscal 2021 saw the company seek to further strengthen its differentiating-competitively advantageous-businesses. Specifically, MGC undertook growth-focused investment in expanding markets for products such as meta-xylenediamine (MXDA) and electronics chemicals. In fiscal 2022, MGC is putting its weight behind efforts to promote a growth strategy that aims to achieve the company’s highest levels of both ordinary and net profit for five years.