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    Chemicals - Specialty
Mitsubishi Gas Chemical Company, Inc.

Mitsubishi Gas Chemical Company, Inc.

MBGCF
Mitsubishi Gas Chemical Company, Inc.US flagOther OTC
25.43
USD
- -
- -
4.95BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2,071.95
2,366.39
2,344.94
2,675.04
2,571.01
2,956.11
3,037.9
2,913.33
2,863.97
3,391.98
3,805.12
4,001.71
3,888.51
2,066.53
Basic EPS, GAAP
-34.5
66.07
191.94
153.85
221.83
281.39
257.45
100.5
173.41
232.15
239.08
190.97
228.93
37.87
Free Cash Flow per Basic Share
138
120.36
340.88
381.63
382.14
421.72
299.78
352.61
266.65
250.39
268.97
361.46
379.2
- -
Dividend per Share
24
24
26
30.17
32.28
46.15
69.99
70.59
69.99
80
75.32
80.52
85.56
- -
Book Value per Share
1,212.46
1,247.75
1,423.65
1,592.04
1,844.42
2,050.06
2,251.79
2,287.9
2,412.26
2,568.9
2,744.18
2,844.54
2,996.81
2,969
Tangible Book Value per Share
1,290.69
1,419.94
1,831.58
1,867.76
2,148.35
2,374.2
2,549.58
2,553.28
2,744.71
2,978.31
3,211.15
3,246.75
3,379.76
3,404.4
Basic Weighted Avg Shares
226
226
226
222
216
215
214
211
208
208
205
203
199
200
Sales/Revenue/Turnover
467,979
534,443
529,570
593,502
556,480
635,909
648,986
613,344
595,718
705,656
781,211
813,417
773,591
413,765
Operating Margin (%)
2.44
2.15
2.83
5.73
7.86
9.87
6.38
5.59
7.47
7.85
6.28
5.82
6.57
6.1
Depreciation Expense
23,023
23,360
24,246
26,985
25,906
27,397
27,711
29,971
31,057
32,395
33,970
38,233
36,406
- -
Net Income, GAAP
-7,793
14,921
43,346
34,134
48,013
60,531
55,000
21,158
36,070
48,295
49,085
38,818
45,544
7,583
Effective Tax Rate (%)
175.34
17.27
3.5
15.46
12.56
10.2
13.16
28.7
19.55
24.56
22
23.11
9.6
37.07
Profit Margin (%)
-1.67
2.79
8.19
5.75
8.63
9.52
8.47
3.45
6.05
6.84
6.28
4.77
5.89
1.83
Working Capital
65,959
108,745
147,098
126,561
138,248
177,414
190,425
195,095
234,194
253,241
262,807
221,668
185,339
212,633
LT Debt
96,313
126,961
109,984
70,976
43,942
35,706
36,905
30,303
57,845
68,158
97,956
102,182
116,389
96,989
Total Equity
294,895
323,858
422,850
423,133
473,368
519,142
553,281
548,139
581,410
630,886
671,247
684,830
697,374
706,108
Return on Invested Capital (%)
-1.8
1.88
2.47
4.61
6.36
9.19
5.6
3.81
5.45
5.82
4.86
4.36
5.24
1.78
Return on Capital (%)
-2.15
3.65
8.27
5.44
7.63
9.62
8.3
2.99
5.26
6.57
6.05
4.27
5.33
0.54
Return on Common Equity (%)
-2.78
5.37
14.37
10.12
12.76
14.41
11.93
4.4
7.34
9.32
8.94
6.8
7.76
1.28

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
52,819
- -
71,843
LT Borrowings
99,671
- -
96,989
LT Finance Leases
2,511
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
200
- -
200
Market Capitalization
412,068
428,678
382,773

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
463,148
- -
454,573
Cash, Cash Equivalents & STI
71,447
- -
71,794
Accounts Receivable, Net
165,648
- -
151,330
Inventories
200,529
- -
207,242
Total Current Liabilities
241,480
- -
241,940
Payables & Accruals
- -
- -
- -
ST Debt
52,819
- -
71,843
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.21%
4.97%
1.83%
Free Cash Flow
1.42%
2.08%
2.68%
Net Income, GAAP
7.72%
20.48%
17.33%
Sales/Revenue/Turnover
4.22%
5.1%
-4.9%
Total Cash Common Dividend
12.55%
3.01%
4%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
187,008
212,644
222,087
191,678
813,417
2025
- -
- -
- -
- -
773,591
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
97
- -
- -
- -
190.97
2025
- -
- -
- -
- -
228.93
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
80.52
2025
- -
- -
- -
- -
85.56
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Yoshinori Isahaya
Full Time Employees
7,918
Sector
Basic Materials
Industry
Chemicals - Specialty
Address
Mitsubishi Building Tokyo Japan 100-8324
IPO Date
May 15, 2013
Website
mgc.co.jp
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Business
Mitsubishi Gas Chemical Company, Inc. (MGC) manufactures and markets a broad range of basic and specialty chemicals derived primarily from natural gas; its core products span green energy and chemicals such as methanol, ammonia, hydrogen peroxide, meta-xylene, meta-xylenediamine, dimethylamine, methylamines, formaldehyde, para-xylenes, and purified isophthalic acid; specialty chemicals including high-performance polyamide resins (Reny), biobased polyamide resins (LEXTER), MX-Nylon, oxygen absorbers (AGELESS series), BT materials for printed circuit boards, carbon fiber prepregs, polyfunctional epoxy resins (TETRAD series), pyrroloquinoline quinone (BioPQQ), and electronic materials like chemicals for the electronics industry (ELM clean) and drilling subsidiary materials (LE SHEET); advanced materials such as polycarbonate resins (Iupilon), polyacetal resins (Iupital), modified polyphenylene ether resins (Iupiace, LEMALLOY), and transparent polyimide varnishes (Neopulim); as well as functional products including gas-barrier adhesive resins (MAXIVE), cyanate ester monomers (CYTESTER), and methacrylate monomers like benzyl methacrylate (BZMA) and glycidyl methacrylate (GMA). Founded in 1918 and incorporated in 1951, MGC maintains its headquarters at Mitsubishi Building, 5-2 Marunouchi 2-chome, Chiyoda-ku, Tokyo, Japan, and operates globally with production bases in Japan including the Niigata Plant, subsidiaries in Thailand (MGC Electrotechno Thailand) and the United States (Mitsubishi Gas Chemical America), and sales networks across Asia, North America, and other regions serving industries such as electronics, automotive, packaging, pharmaceuticals, and energy. In recent developments, MGC signed a long-term sales and purchase agreement on November 6, 2025, with U.S.-based Transition Industries LLC for approximately 1 million tons per year of ultra-low carbon methanol from the Pacifico Mexinol Project in Mexico starting in 2029, marking its first large-scale procurement contract to support methanol-based decarbonization via its Carbopath platform; additionally, in November 2025, it completed construction to expand production capacity at its overseas electronic materials subsidiary MGC Electrotechno (Thailand) Co., Ltd. for BT materials used in semiconductor packages.