TSE:4183Chemicals
A Look at Mitsui Chemicals (TSE:4183) Valuation After Cutting Guidance on Lower Selling Prices and Restructuring
Mitsui Chemicals (TSE:4183) just updated its outlook for the full year, lowering its operating income forecast and indicating that sales revenue will fall short of earlier estimates. The company attributes this shift mainly to declining selling prices and the impact of business restructuring.
See our latest analysis for Mitsui Chemicals.
While Mitsui Chemicals’ updated outlook weighed on sentiment, the company’s recent stock split and steady dividend helped steady the mood. The share price...