Mitsui Chemicals announces stock split, revises dividend and outlook

Mitsui Chemicals reported an 8.6% year-on-year decrease in sales revenue to 813.6 billion yen for the first half of FY2025, primarily due to lower selling prices from falling raw material costs and reduced sales in Basic & Green Materials. Operating income before special items declined 15.8% to 44.5 billion yen, mainly impacted by inventory revaluation losses. Net income attributable to owners of the parent decreased 64.7% to 7.8 billion yen.

In conjunction with the financial results, Mitsui Chemicals announced a two-for-one stock split of its common shares, effective January 1, 2026, with a record date of December 31, 2025. This aims to lower the investment unit price and broaden the investor base. The total number of issued shares will increase from 200,843,815 to 401,687,630.

For the full year FY2025, the company projects sales revenue of 1,700.0 billion yen (revised from 1,770.0 billion yen) and operating income before special items of 110.0 billion yen (unchanged). The year-end dividend forecast, adjusted for the stock split, is 37.5 yen per share, maintaining a total annual dividend of 150.0 yen per share on a pre-split basis.