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MGC FY2026 1Q Consolidated Financial Results MITSUBISHI GAS CHEMICAL COMPANY , INC . August 7 , 2026 TSE 4182
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[JPY in billions] vs. Previous forecast Net Sales 860.0 +20.0 Operating profit 71.0 +12.0 Profit attributable to owners of parent 55.0 +9.0 Key Points of Today’s Results Briefing [JPY in billions] YoY Net Sales 223.7 +45.7 Operating profit 27.8 +16.8 Profit attributable to owners of parent 18.3 +9.9 2 １． FY２０２6 1Q Results 2． FY2026 Full-Year Forecast ⚫ Increase in market prices in methanol, polycarbonate (PC), etc., and price pass-through of increased raw material costs ⚫ Increase in sales volume of BT materials ⚫ Yen depreciation impact Net Sales ⚫ In addition to the above, improved profitability mainly due to gains on inventories for methanol, PC, etc. Operating profit Dividend Policy ©MITSUBISHI GAS CHEMICAL COMPANY, INC. + Net Sales/ Operating profit ⚫ Higher sales and profits in 1Q are expected to be achievable to a certain level in the full-year forecast as well (Note) Figures shown on this and the following pages are rounded down to the closest 0.1 billion. Percentage figures, per-share indicators, and performance assumptions are rounded off to the closest whole number. Impact of Middle East Situation: -The impact on the Group's production and sales is minor, except for our Saudi Arabia methanol plant. -Despite rising manufacturing costs, mainly for chemicals, due to high raw material and fuel prices, we are working to pass through costs. -During 1Q there has been an improvement on profitability due to achieving timely supplies in response to customer requests, and the gains on inventories, etc. + Annual dividend planned 110 yen (Interim dividend:55yen, the year-end dividend:55yen) (Note) Unchanged from the previous forecast. 10 yen increase planned vs FY2025 +
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Inorganic chemicals/Optical materials/Electronics materials ⚫ The increase in manufacturing costs due to the impact of the situation in the Middle East has been limited for product categories in this segment. Engineering plastics ⚫ We are working to pass through the increase in the prices of primary raw material BPA and methanol to the selling prices. Impact of Middle East Situation 3 Methanol and derivatives ⚫ Methanol shipments from our Saudi Arabia plant continue to face constraints. However, we are reallocating products from other sites. We are addressing procurement cost increases by passing them through to selling prices together with the increase in market prices. ⚫ Prices of raw material methanol and ammonia for derivatives are increasing, and we have passed the costs through to selling prices. Xylene separators and derivatives (including MXDA and its derivatives) ⚫ We are working to pass through the increase in the price of raw material xylene to selling prices. Green Energy & Chemicals Specialty Chemicals ー There has been no notable impact on the Group's production and sales, except for our Saudi Arabia methanol plant. ー Manufacturing costs rose, mainly for basic chemicals and engineering plastics, due to the increase in raw material and fuel costs. ー As a result of progress on passing through of costs to selling prices, deterioration of profitability is limited in certain areas at this point. On the other hand, profitability improved due to achieving timely supplies in response to customer requests, and to the gains on inventories, etc. This was the main factor in recording higher sales and profits for 1Q. ー With unstable market prices for certain products, such as methanol, there are concerns of profitability deterioration due to falling selling prices from 2Q onward. ©MITSUBISHI GAS CHEMICAL COMPANY, INC.
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INDEX ©MITSUBISHI GAS CHEMICAL COMPANY, INC. 4 FY2026 Forecast３ 2 Results by Segment １ FY2026 1Q Results
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©MITSUBISHI GAS CHEMICAL COMPANY, INC. 5 FY2026 Forecast３ 2 Results by Segment １ FY2026 1Q Results
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[JPY in billions] FY２０２5 1Q FY2026 1Q Changes Amount ％ Net Sales 1７7.9 223.7 +45.7 +25.7 Operating profit 10.9 27.8 +16.8 +153.5 Equity in earnings of affiliates 2.3 0.5 -1.8 -78．1 Ordinary profit １3.8 29.1 +15.3 +111.0 Profit attributable to owners of parent 8.4 18.3 +9.9 +118.1 E P S （ＪＰＹ） 43.17 94.02 ＦＸ (JPY/USD) 145 160 FY２０２6 1Q Results ©MITSUBISHI GAS CHEMICAL COMPANY, INC. 6 (Note) Figures shown on this and the following pages are rounded down to the closest ¥0.1 bn. Percentage figures, per-share indicators, and performance assumptions are rounded off to the closest whole number. ー Net sales: Increased mainly due to higher methanol market prices following heightened tension in the Middle East, strong sales of electronics materials, and the impact of the yen's depreciation ー Operating profit: Increased due to the above factors as well as the gains on inventories for methanol, engineering plastics, etc. ー Ordinary profit: Increased mainly due to growth in operating profit, despite deterioration in equity in earnings of affiliates owing to reduced operation rates at the Saudi Arabia methanol plant and other factors
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[JPY in billions] Forex factors +3.3 FY2025 1Q Others +0.7 Quantity factors +3.6 Price factors (including gains on inventories) +9.3 FY2026 1Q ©MITSUBISHI GAS CHEMICAL COMPANY, INC. 7 OP +16.8 27.8 （+） Methanol, BT materials, OPETM, etc. 10.9 （+） Methanol, PC, etc. (Forex rates) FY2025 １Q： ¥145/＄ FY2026 １Q： ¥160/$ FY2026 1Q Increase and Decrease Factors of Operating Profit (YoY) （+） R&D expenses, etc.
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©MITSUBISHI GAS CHEMICAL COMPANY, INC. 8 FY2026 Forecast３ 2 Results by Segment １ FY2026 1Q Results
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Green Energy & Chemicals ©MITSUBISHI GAS CHEMICAL COMPANY, INC. 9 1.9 11.9 3.9 11.668.2 99.8 0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 16.0 18.0 FY2025 1Q FY2026 1Q Operating profit Ordinary profit Net sales [JPY in billions] FY2026 1Q Results Net sales： Increased mainly due to higher methanol market prices, pass- through of increase in raw material costs, and the yen’s depreciation Operating profit： Increased mainly due to the above factors as well as the gains on inventories in methanol and its derivatives and xylene separators Ordinary profit： Increased due to growth in operating profit, despite deterioration in equity in earnings of affiliates owing to reduced operation rates at the Saudi Arabia methanol plant and other factors ＋６.６ FY2025 1Q 4.1 OthersQuantity factors FY2026 1Q OP +9.9 （＋） Methanol, Forex factors, etc. （＋） R&D expenses, etc. １１.９＋２.４ ＋１.０ 【FY2026 1Q Increase and Decrease Factors of Operating Profit (YoY)】 Price factors （+） Methanol, etc. １.９ (including gains on inventories)
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[JPY in billions] FY2025 1Q Results FY2026 1Q Results Changes Net sales 68.2 99.8 +31.5 Natural Gas 49.8 79.2 +29.4 Aromatic 18.5 20.6 +2.1 Other/Adjustment (0.1) (0.1) -0.0 Operating profit 1.9 11.9 +9.9 Natural Gas 1.2 10.2 +8.9 Aromatic 0.6 1.6 +0.9 Other/Adjustment 0.0 0.0 -0.0 Ordinary profit 3.9 11.6 +7.7 Natural Gas 3.0 8.9 +5.9 Aromatic 0.8 2.6 +1.7 Other/Adjustment 0.0 (0.0) -0.0 Green Energy & Chemicals ©MITSUBISHI GAS CHEMICAL COMPANY, INC. 10 FY２０２6 1Q Results （Compared with FY2025 1Q Results） Natural Gas Chemicals Methanol Increased in both net sales and earnings due mainly to higher market prices on the back of the escalating situation in the Middle East, along with gains on inventories. (FY2025 $314→FY2026 $530) Methanol and ammonia-based chemicals Increased in both net sales and earnings despite hikes in raw material prices, thanks primarily to progress in efforts to transfer the effect of these hikes to sales prices and the higher sales volume of MMA-related products. Energy resources And environmental business Increased in earnings due to improved profitability as the result of higher crude oil prices. Aromatic Chemicals MXDA*,aromatic aldehydes and polymer materials * including derivatives On par with the same period of the previous fiscal year because higher sales volumes, supported by recovery in demand, were offset by increases in fixed costs and other cost factors. Xylene separators and derivatives Increased in earnings due to higher market prices for purified isophthalic acid and the resulting improvement in profitability. (Note) Breakdown shows segments by major product group
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Specialty Chemicals ©MITSUBISHI GAS CHEMICAL COMPANY, INC. 11 9.6 17.1 9.9 17.9108.9 122.8 0 5 10 15 20 25 0.0 20.0 40.0 60.0 80.0 100.0 120.0 140.0 FY2025 1Q FY2026 1Q Operating profit Ordinary profit Net sales [JPY in billions] FY2026 1Q Results Net sales : Increased mainly due to growth in sales volumes of electronics materials and chemicals for use in semiconductor manufacturing, as well as efforts to pass through higher raw material costs in engineering plastics and the yen’s depreciation Operating profit : Increased mainly due to the above factors, as well as improved profitability resulting from gains on inventories in engineering plastics and a reduction in depreciation due to recording of impairment losses in the previous fiscal year 9.6 FY2025 1Q FY2026 1Q OP+7.5 （+） PC, POM, etc. （+） Depreciation costs, etc. 17.1 +1.0 +0.4 【FY2026 1Q Increase and Decrease Factors of Operating Profit (YoY)】 OthersQuantity factors Price factors （+） BT materials, OPETM, Electronic chemicals, etc. +6.1 (including gains on inventories)
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[JPY in billions] FY2025 1Q Results FY2026 1Q Results Changes Net sales 108.9 122.8 +13.9 Specialty 86.9 95.6 +8.6 Information & Advanced Materials 21.9 27.2 +5.2 Other/Adjustment (0.0) (0.0) +0.0 Operating profit 9.6 17.1 +7.5 Specialty 5.1 10.2 +5.0 Information & Advanced Materials 4.4 6.9 +2.5 Other/Adjustment 0.0 (0.0) -0.0 Ordinary profit 9.9 17.9 +7.9 Specialty 4.7 10.5 +5.7 Information & Advanced Materials 5.2 7.3 +2.1 Other/Adjustment 0.0 (0.0) -0.0 Specialty Chemicals ©MITSUBISHI GAS CHEMICAL COMPANY, INC. 12 FY２０２6 1Q Results （Compared with FY2025 1Q Results） Specialty Chemicals Inorganic chemicals Increased in both net sales and earnings thanks to the higher sales volume of chemicals for use in semiconductor manufacturing due to recovery in demand, in addition to such factors as lower depreciation costs resulting from the posting of impairment losses at the end of the previous fiscal year. Engineering plastics Increased in net sales and earnings, despite higher raw material prices, due mainly to the success of efforts to transfer the resulting growth in costs to sales prices, along with timely product supply in response to customer requests, and gains on inventories. Optical materials Increased in net sales but a decrease in earnings. This was mainly attributable to the disrupted production of lens monomers for eyeglass applications, despite robust sales of products for use in smartphones, a primary application of optical polymers. Information & Advanced Materials Electronic materials Increased in net sales and earnings, thanks to the ongoing robustness of demand in a broad range of fields related to BT materials for IC plastic packaging, the higher sales volume of OPETM substrate material for AI servers, and other factors. Living Tech and Higiene Solutions Increased in net sales and earnings due mainly to the higher sales volume of oxygen absorbers for export. (Note) Breakdown shows segments by major product group
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©MITSUBISHI GAS CHEMICAL COMPANY, INC. 13 FY2026 Forecast３ 2 Results by Segment １ FY2026 1Q Results
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FY2026 Forecast 14©MITSUBISHI GAS CHEMICAL COMPANY, INC. FY2026 1H FY2026 2H FY2026 [JPY in billions] Previous forecast Revised Forecast Changes Previous forecast Revised Forecast Changes Previous forecast Revised Forecast Changes Net sales 420.0 440.0 +20.0 420.0 420.0 - 840.0 860.0 +20.0 Operating profit ２8.０ 41.0 +13.0 31.０ 30.0 -1.0 59.０ 71.0 +12.0 Equity in earnings of affiliates 3.7 3.4 -0.2 6.9 6.4 -0.5 10.6 9.8 -0.8 Ordinary profit 31.0 46.0 +15.0 35.0 33.0 -2.0 66.0 79.0 +13.0 Profit attributable to owners of parent 20.0 31.0 +11.0 26.0 24.0 -2.0 4６.０ 55.0 +9.0 [FY2026 1H] - Across a wide range of products, including methanol and its derivatives, xylene separators and derivatives, and engineering plastics, sales and profit are expected to increase compared to the previous forecasts as the rise in market prices due to increased tension in the Middle East, pass-through of raw material cost increases, temporary demand surges, and the gains on inventories have been greater than expected. Likewise,BT materials are expected to see higher sales and profit, mainly due to favorable trends in demand for memory. [FY2026 2H] - Profit is expected to decrease, mainly due to a delay in the schedule for regular maintenance at overseas PC plants (from 1H to 2H), and temporary cost increase due to the impact of trouble at an existing lens monomer plant in 1H. ー 1H forecast: Compared to the previous forecast,*1 net sales revised up 20.0 billion yen, operating profit up 13.0 billion yen, and ordinary profit up 15.0 billion yen ー 2H forecast: Compared to the previous forecast, net sales unchanged, *2 operating profit revised down 1.0 billion yen, and ordinary profit down 2.0 billion yen *1: Announced on May 13, 2026 *2: Items left unchanged from the previous forecast were also revised by business and segment.
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FY2026 2Q Forecast 15©MITSUBISHI GAS CHEMICAL COMPANY, INC. [Green Energy & Chemicals (GEC)] • Methanol: Market price forecast is set at $369/MT (1Q $530/MT). Profit expected to decrease due to a decline in market prices and the losses on inventories • Energy resources and environmental businesses: Decrease in profit expected due to deterioration of spreads in the electric power business and decline in iodine production volume • MXDA and aromatic aldehydes: A gradual recovery in demand is expected to continue from 1Q, while in 2Q fixed expenses are to decrease due to progress on closure of the Netherlands MXDA site • Xylene separators and derivatives: Profit is forecast to decrease due to the impact of a fall in market prices in 2Q and the losses on inventories, despite an increase in market prices in 1Q driven by heightened tension in the Middle East [Specialty Chemicals] • Inorganic Chemicals: EL chemicals (chemicals for use in semiconductor manufacturing) sales are expected to continue a recovery trend, with profitability level with 1Q • Engineering plastics (PC and POM): 1Q saw profitability improve, driven by a temporary increase in demand due to the impact of increased tension in the Middle East as well as the gains on inventories. However, in 2Q profit is expected to decrease as these factors recede and fixed costs increase due to regular maintenance • Optical polymers: Steady demand for use in smartphones is expected to continue • BT materials: Strong sales are expected to continue from 1Q, with profitability level with 1Q [JPY in billions] FY2026 1Q Results FY2026 2Q Forecast Changes Amount ％ Net sales 223.7 216.2 -7.4 -3.3 Operating profit 27.8 １3.1 -14.6 -52.8 Equity in earnings of affiliates 0.5 2.9 +2.4 +476.2 Ordinary profit 29.1 16.8 -12.3 -42.4 Profit attributable to owners of parent 18.3 １2.6 -5.6 -30.9
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Key Points of the Forecast for FY2026 2H 16©MITSUBISHI GAS CHEMICAL COMPANY, INC. [Green Energy & Chemicals (GEC)] • Methanol: Market price forecast is set at $345/MT (1H forecast $450/MT). • Methanol and ammonia-based chemicals: Profit is expected to decrease in 2H due to a fall in market prices and to regular maintenance, despite an increase in market prices in 1H due to the impact of heightened tension in the Middle East. • MXDA and aromatic aldehydes: MXDA demand is expected to recover in conjunction with measures to address aging infrastructure in Europe. • Energy resources and environmental businesses: Sales expected to increase compared to 1H, with planned sales of LNG for power generation use in 2H only. • Regular maintenance is scheduled at Mizushima Plant in 4Q, as in previous years. [Specialty Chemicals] • Inorganic chemicals: EL chemical demand is expected to continue recovering at most plants. • Engineering plastics (PC and POM): Profit is expected to decrease due to the absence of improvement in profitability reflecting the gains on inventories in 1H, as well as an increase in fixed expenses due to regular maintenance, etc. • Optical materials: Solid demand is expected to continue, driven by a trend toward higher functionality in smartphone cameras. Lens monomers are expected to see profitability improvement due to an increase in sales volume following the elimination of trouble at an existing plant and the start of operation at a new plant. • BT materials: Sales are expected to continue at a high level, mainly for grades with low thermal expansion properties. ■Assumed exchange rate (average of remaining months of the fiscal year): $1=¥160 (¥5 depreciation from the previous forecast), €1=¥185 (¥5 depreciation from the previous forecast) Sensitivity (USD, rough estimate): with an appreciation (depreciation) of ¥1 against the USD, annual operating profit falls (increases) by ¥0.5bn, while annual ordinary profit falls (increases) by ¥0.4bn ■ Assumed crude oil prices (average of remaining months of the fiscal year): $75/bbl. (A fall of $9 compared to the previous forecast） Crude oil sensitivity (USD, rough estimate): Currently being reexamined in light of tensions in the Middle East (In the FY2025 earnings forecasts, sensitivity was disclosed as $1/bbl. increase (drop) in crude oil reduces (raises) annual income by ¥0.3bn, not including impact on methanol)
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セグメント別 業績概要３ Appendix １ 2020年度決算概要 ©MITSUBISHI GAS CHEMICAL COMPANY, INC. 17
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-5 10 25 40 55 70 85 100 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 FY2026 1Q Results U&P：21.3 ICT3：9.7 Total：27.8 Operating Profit Trend of Uniqueness & Presence Businesses FY2025 Results U&P： 45.2 ICT3： 33.7 Total： 45.2 FY2026 Forecast U&P：63.3 ICT3：40.9 Total：71.0 ©MITSUBISHI GAS CHEMICAL COMPANY, INC. 18 ー Re-expand during this medium-term management plan, mainly by promoting the three ICT businesses as growth drivers U&P Businesses : The businesses that should receive priority allocation of management resources Electronics materials （BT materials, OPETM）, Electronic chemicals (super-pure hydrogen peroxide, hybrid chemicals), Optical materials, Methanol, Energy resources and environmental businesses, Polyacetal, MXDA, MX nylon, Aromatic aldehydes forecast (billions of yen) Operating profit The three ICT businesses(Electronic materials , Inorganic chemicals （electronic chemicals ), Optical materials ) Other businesses (including head office expenses, etc. that cannot be attributed to GEC and Specialty business sectors) U&P businesses(Excluding the three ICT businesses) FY2018–FY2020 MGC Advance Grow UP 2023 FY2021–FY2023 Grow UP 2026 FY2024–FY2026
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Operating Profit by Major Product Groups ©MITSUBISHI GAS CHEMICAL COMPANY, INC. 19 [JPY in billions] (Note) These are reference values calculated according to past segments. -5 0 5 10 15 20 25 30 35 FY2023 1Q FY2023 2Q FY2023 3Q FY2023 4Q FY2024 1Q FY2024 2Q FY2024 3Q FY2024 4Q FY2025 1Q FY2025 2Q FY2025 3Q FY2025 4Q FY2026 1Q FY2026 2Q(F) Natural Gas Chemicals Aromatic Chemicals Specialty Chemicals Information & Advanced Materials Other/Adjustment
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Investment Policy and Shareholder Returns 20 16.6 16.3 16.2 18.7 19.5 21.5 7.0 10.0 15.034% 48% 67% 74% 39% -20.0% 0.0% 20.0% 40.0% 60.0% 80.0% 100.0% 0.0 5.0 10.0 15.0 20.0 25.0 30.0 35.0 40.0 45.0 50.0 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026(F) Grow UP 2023 Grow UP 2026 Dividends Share buybacks Total payout ratio (single year) (Billions of yen) Forecast Annual dividend (Yen per share) Profit 48.2 80 49.0 80 38.８ 80 95 45.5 (40.3) 100* Progressive dividend policy *Incl. ¥10 commemorative dividend ©MITSUBISHI GAS CHEMICAL COMPANY, INC. ５５.0 110 The annual dividend for FY2026 is planned to be 110 yen per share (an increase of 10 yen per share on an ordinary dividend basis) ー The return policy under the current medium-term management plan is for the adoption of a progressive dividend policy, the total payout ratio aiming for 50% and DOE (dividend on equity) of 3% ー In the final fiscal year of the medium-term management plan, FY2026, based on the above policy, we expect to increase the dividend by 10 yen. Going forward, we will continue to actively engage in shareholder returns
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Results and Forecast by Segment ©MITSUBISHI GAS CHEMICAL COMPANY, INC. 21 [JPY in billions] FY2025 Results FY2026 Previous Forecast* FY2026 Forecast 1H 2H FY 1H 2H FY 1H 2H FY Net sales 361.6 376.5 738.2 420.0 420.0 840.0 440.0 420.0 860.0 GEC 141.1 145.8 286.9 178.9 174.5 353.4 191.8 168.1 359.9 Specialty Chemicals 219.9 228.4 448.3 238.2 243.6 481.9 247.4 249.8 497.2 Other/Adjustment 0.6 2.3 2.9 2.8 1.8 4.6 0.7 1.9 2.7 Operating profit 25.1 20.1 45.2 28.0 31.0 59.0 41.0 30.0 71.0 GEC 4.3 1.2 5.6 6.5 5.7 12.3 12.8 5.3 18.1 Specialty Chemicals 22.7 21.0 43.8 24.1 27.6 51.7 30.7 27.0 57.8 Other/Adjustment (1.9) (2.2) (4.1) (2.7) (2.3) (5.1) (2.6) (2.3) (4.9) Ordinary profit 31.4 20.4 51.9 31.0 35.0 66.0 46.0 33.0 79.0 GEC 6.2 (2.3) 3.8 8.0 9.7 17.7 14.7 8.1 22.8 Specialty Chemicals 26.0 23.0 49.1 24.9 27.6 52.6 32.6 27.0 59.7 Other/Adjustment (0.7) (0.2) (1.0) (1.9) (2.3) (4.3) (1.4) (2.1) (3.6) * Announced on May 13, 2026
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Quarterly Results by Segment ©MITSUBISHI GAS CHEMICAL COMPANY, INC. 22 [JPY in billions] FY2025 Results FY2026 Results/Forecast １Q ２Q ３Q ４Q １Q ２Q(F) Net sales 177.9 183.7 187.7 188.7 223.7 216.2 GEC 68.2 72.8 75.5 70.2 99.8 92.0 Specialty Chemicals 108.9 111.0 112.0 116.3 122.8 124.5 Other/Adjustment 0.8 (0.1) 0.2 2.1 1.0 (0.2) Operating profit 10.9 14.1 12.6 7.4 27.8 13.1 GEC 1.9 2.3 2.9 (1.6) 11.9 0.9 Specialty Chemicals 9.6 13.0 10.5 10.4 17.1 13.5 Other/Adjustment (0.6) (1.2) (0.8) (1.3) (1.2) (1.3) Ordinary profit 13.8 17.6 16.6 3.7 29.1 16.8 GEC 3.9 2.3 3.1 (5.5) 11.6 3.1 Specialty Chemicals 9.9 16.0 12.6 10.4 17.9 14.7 Other/Adjustment (0.0) (0.7) 0.9 (1.1) (0.3) (1.0)
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©MITSUBISHI GAS CHEMICAL COMPANY, INC. 23 [JPY in billions] FY2025 Results FY2026 Previous Forecast* FY2026 Forecast 1H 2H FY 1H 2H FY 1H 2H FY Net sales 361.6 376.5 738.2 420.0 420.0 840.0 440.0 420.0 860.0 Natural Gas 104.5 108.9 213.5 138.3 131.7 270.0 150.8 126.8 277.6 Aromatic 36.8 37.0 73.8 40.7 42.9 83.7 41.2 41.5 82.8 Specialty 174.0 176.8 350.8 184.6 186.1 370.7 190.8 192.2 383.0 Information & Advanced Materials 45.9 51.6 97.5 53.6 57.5 111.2 56.5 57.6 114.1 Other/Adjustment 0.3 2.0 2.4 2.8 1.8 4.6 0.4 1.7 2.2 Operating profit 25.1 20.1 45.2 28.0 31.0 59.0 41.0 30.0 71.0 Natural Gas 3.0 2.6 5.7 4.1 4.9 9.0 10.5 4.7 15.3 Aromatic 1.2 (1.3) (0.0) 2.3 0.8 3.1 2.2 0.5 2.8 Specialty 12.7 8.6 21.3 11.5 14.0 25.5 16.6 12.4 29.1 Information & Advanced Materials 9.9 12.4 22.4 12.6 13.6 26.2 14.0 14.6 28.7 Other/Adjustment (1.9) (2.1) (4.1) (2.7) (2.3) (5.0) (2.6) (2.3) (4.9) Ordinary profit 31.4 20.4 51.9 31.0 35.0 66.0 46.0 33.0 79.0 Natural Gas 4.0 (2.3) 1.6 5.0 9.0 14.0 10.0 7.8 17.8 Aromatic 2.2 (0.0) 2.2 2.9 0.7 3.6 4.7 0.2 5.0 Specialty 14.7 9.3 24.1 11.8 13.5 25.3 18.1 12.0 30.2 Information & Advanced Materials 11.2 13.6 24.9 13.1 14.1 27.2 14.4 15.0 29.5 Other/Adjustment (0.7) (0.2) (1.0) (1.9) (2.3) (4.3) (1.4) (2.1) (3.6) Results and Forecast by Major Product Groups (Note) These are reference values calculated according to past segments. * Announced on May 13, 2026
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[JPY in billions] FY2025 Results FY2026 Results/forecast 1Q 2Q 3Q 4Q 1Q 2Q (F) Net sales 177.9 183.7 187.7 188.7 223.7 216.2 Natural Gas 49.8 54.6 56.7 52.2 79.2 71.5 Aromatic 18.5 18.3 18.8 18.2 20.6 20.6 Specialty 86.9 87.0 86.0 90.7 95.6 95.2 Information & Advanced Materials 21.9 23.9 26.0 25.5 27.2 29.3 Other/Adjustment 0.6 (0.3) 0.0 1.9 0.9 (0.4) Operating profit 10.9 14.1 12.6 7.4 27.8 13.1 Natural Gas 1.2 1.8 2.2 0.3 10.2 0.3 Aromatic 0.6 0.5 0.6 (1.9) 1.6 0.6 Specialty 5.1 7.6 4.1 4.4 10.2 6.4 Information & Advanced Materials 4.4 5.4 6.3 6.0 6.9 7.1 Other/Adjustment (0.6) (1.2) (0.8) (1.3) (1.2) (1.3) Ordinary profit 13.8 17.6 16.6 3.7 29.1 16.8 Natural Gas 3.0 1.0 1.3 (3.7) 8.9 1.0 Aromatic 0.8 1.3 1.7 (1.8) 2.6 2.0 Specialty 4.7 10.0 4.8 4.5 10.5 7.6 Information & Advanced Materials 5.2 6.0 7.7 5.9 7.3 7.1 Other/Adjustment (0.0) (0.7) 0.9 (1.1) (0.3) (1.0) Quarterly Results and Forecast by Major Product Groups ©MITSUBISHI GAS CHEMICAL COMPANY, INC. 24 (Note) These are reference values calculated according to past segments.
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FY２０２6 １Q Balance Sheets ©MITSUBISHI GAS CHEMICAL COMPANY, INC. 25 Mar. 31, 2026 Jun. 30, 2026 Changes Current assets 450.4 483.6 +33.1 Cash and deposits 68.9 66.5 -2.4 Trade notes and Accounts receivable 149.5 166.5 +16.9 Inventories 206.9 222.6 +15.7 Others 24.9 27.9 +2.9 Non-current assets 662.5 675.5 +13.0 Tangible assets 334.3 339.5 +5.2 Intangible assets 23.5 23.1 -0.4 Investments and other assets 304.6 312.9 +8.2 Total assets 1,113.0 1,159.2 +46.1 Mar. 31, 2026 Jun. 30, 2026 Changes Liabilities 433.4 460.3 +26.8 Trade note and accounts payable 91.9 103.4 +11.5 Interest-bearing debt 229.2 248.9 +19.7 Others 112.2 107.9 -4.3 Net assets 679.5 698.8 +19.2 Shareholders’ equity 541.2 552.1 +10.8 Accumulated other comprehensive income 105.1 113.5 +8.4 Non controlling interest 33.1 33.0 -0.0 Total liabilities and net assets 1,113.0 1,159.2 +46.1 [JPY in billions] [JPY in billions] Equity Ratio 57.4% (as of Jun. 30, 2026)
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[JPY in billions] FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 (F) Capital expenditure [1Q] 30.9 [6.1] 39.2 [9.1] 42.3 [11.5] 40.2 [8.7] 54.7 [11.5] 64.6 [15.3] 81.7 [18.3] 88.7 [17.7] 71.9 [16.2] 61.0 [13.4] Depreciation& amortization [1Q] 27.0 [6.4] 27.4 [6.7] 29.5 [7.1] 30.6 [7.5] 31.9 [7.8] 33.5 [7.9] 36.3 [9.1] 34.6 [8.2] 38.2 [9.2] 40.0 [9.3] R&D expenditure [1Q] 18.9 [4.5] 18.6 [4.5] 19.6 [4.5] 19.9 [4.7] 21.0 [4.9] 23.5 [5.5] 25.6 [6.2] 26.1 [6.2] 26.6 [6.9] 31.0 [6.1] Employees (as of Mar. 31) 8,009 8,276 8,954 8,998 9,888 10,050 7,918 8,146 8,319 8,450 EBITDA*1 108.8 97.6 61.6 81.7 107.0 105.0 84.9 97.3 92.8 122.8 Operating Profit of U&P Businesses 31.4 25.0 29.7 37.4 42.3 41.8 40.6 51.5 45.2 63.3 ROE (%) 13.6 11.3 4.3 7.1 8.8 8.3 6.1 6.9 - 8.3 ROIC (%)*2 12.1 9.5 3.6 6.2 7.4 6.4 3.3 6.4 3.2 6.6 Operating profit margin (%) 9.9 6.4 5.6 7.5 7.8 6.3 5.8 6.6 6.1 8.3 EPS (Yen) 281.39 257.46 100.50 173.41 232.15 239.08 190.97 228.93 (207.04) 282.04 DPS (Yen) [Interim dividend] 59.00 [24.00] 70.00 [35.00] 70.00 [35.00] 70.00 [35.00] 80.00*3 [45.00*3] 80.00 [40.00] 80.00 [40.00] 95.0０ [45.00] 100.0０ [50.00] 110.0０ [55.00] Total payout ratio (%) 32.5 27.2 111.4 40.4 34.5 47.9 67.5 74.1 - 39.0 ©MITSUBISHI GAS CHEMICAL COMPANY, INC. 26 Appendix： Key Indicators （1） *1 EBITDA = Ordinary profit + depreciation expense + interest paid *2 ROIC =(Operating profit - Income taxes + Equity in earnings of affiliates) / invested capital *3 Commemorative dividend 10yen
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Appendix： Key Indicators （2） ©MITSUBISHI GAS CHEMICAL COMPANY, INC. 27 FY2022 FY2023 FY2024 FY2025 FY2026 1H 2H 1H 2H 1H 2H 1H 2H 1H (F) 2H (F) FX(JPY/USD) 134 137 １４１ １４８ 153 152 146 156 160 160 FX(JPY/EUR) 139 143 １５３ １６０ 166 １６2 168 １82 185 １85 Crude Oil (Dubai) （USD/bbl.） 102 83 ８２ ８２ 82 75 69 75 87 73 Methanol (USD/MT) 375 351 ２９７ ３２４ 333 ３35 309 ３24 450 ３45 Mixed Xylene (USD/MT) 1,105 925 ９６０ ９１０ 885 750 695 770 940 790 Bisphenol A (USD/MT)＊ 1,450 ～2,200 1,250 ～1,700 1,150 ～1,400 1,250 ～1,350 1,250 ～1,350 1,200 ～1,350 1,100 ～1,250 1,050 ～1,700 1,250 ～1,750 1,150 ～1,400 Polycarbonate (USD/MT)＊ 1,950 ～2,900 1,800 ～2,200 1,650 ～1,900 1,700 ～1,900 1,750 ～1,900 1,600 ～1,800 1,500 ～1,650 1,500 ～2,350 1,800 ～2,450 1,700 ～1,950 *Describe the minimum and maximum values during the period Sensitivity (rough estimates) FX (USD): with an appreciation (depreciation) of ¥1 against the USD, annual operating profit falls (increases) by ¥0.5 bn, while annual ordinary profit falls (increases) by ¥0.4 bn. FX (EUR): with an appreciation (depreciation) of ¥1 against the EUR, annual operating profit falls (increases) by ¥0.1 bn, while annual ordinary profit falls (increases) by ¥0.1 bn. Crude oil (Dubai): Sensitivity is currently under reexamination *Crude oil sensitivity in the FY2025 earnings forecasts was disclosed as $1/bbl. Drop (increase) in crude oil raises (reduces) income by 0.3bn yen/year , excluding methanol affect. Methanol: $1/MT increase (drop) in market price raises (reduces) equity in earnings of affiliates by ¥0.1 bn.
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Segment Information – Net Sales / Operating profit / Ordinary Profit [JPY in billions] 2018 2019 2020 2021 2022 2023 2024 2025 2026(F) Total Net sales 648.9 613.3 595.7 705.6 781.2 813.4 773.5 738.2 860.0 Operating profit 41.3 34.2 44.5 55.3 49.0 47.3 50.8 45.2 71.0 Ordinary profit 69.1 31.1 50.2 74.1 69.7 46.0 60.3 51.9 79.0 Natural Gas Chemicals Net sales 188.3 163.7 158.2 226.2 2４７.1 215.5 232.9 213.5 277.6 Operating profit 3.3 0.1 0.9 9.7 8.8 8.5 １０.０ 5.7 15.3 Ordinary profit 22.6 (5.7) 2.6 14.0 20.1 0.0 15.5 1.6 17.8 Aromatics Chemicals Net sales 211.7 201.1 183.4 202.8 2３5.7 200.6 91.2 73.8 82.8 Operating profit 14.6 11.1 11.7 16.0 9.8 9.1 ２.６ (0.0) 2.8 Ordinary profit 13.9 10.4 11.6 16.0 1０.3 10.1 4.9 2.2 5.0 Specialty Chemicals Net sales 205.7 202.0 207.4 214.1 248.9 345.2 370.6 350.8 383.0 Operating profit 21.2 19.9 22.8 17.4 24.1 19.4 ２６.６ 21.3 29.1 Ordinary profit 28.2 22.3 25.5 27.6 28.1 23.4 27.9 24.1 30.2 Information & Advanced Materials Net sales 51.9 54.8 62.3 71.5 60.2 64.0 73.5 97.5 114.1 Operating profit 3.9 5.6 11.9 16.1 8.4 13.6 14.6 22.4 28.7 Ordinary profit 4.4 5.8 11.9 17.8 1０.6 15.1 15.9 24.9 29.5 ©MITSUBISHI GAS CHEMICAL COMPANY, INC. 28
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Growth Driver ICT 3 field （for semiconductors and smartphones） A wide range of unique products that can compete globally • The Group has defined differentiating businesses that excel from the perspectives of “Growing,” “Winning,” and “Sustainable,” and are able to grow sustainably while achieving both economic and social value as Uniqueness & Presence (U&P) businesses • U&P businesses drive the profit growth of the entire Company • Key growth drivers include three ICT businesses in semiconductor-related products (BT materials, super-pure hydrogen peroxide) and smartphone camera lens materials (optical polymers) *1 As a highly refractive resin *2 Total of affiliates using our technology (FY2025) Methanol Global market share #3*2 Meta-xylenediamine (MXDA) Global market share #1 MX-Nylon Global market share #1 Polyacetal resin (POM) Global market share #3 Aromatic aldehydes Global market share #1 BT products Global market share #1 Super-pure hydrogen peroxide Global market share #1 Optical polymers Global market share #1*1 Uniqueness & Presence ©MITSUBISHI GAS CHEMICAL COMPANY, INC. 29
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Main products of Each Reportable Segment ©MITSUBISHI GAS CHEMICAL COMPANY, INC. 30 Reportable Segments Former Segments Main Products Green Energy & Chemicals Natural Gas Chemicals ・Methanol ・Methanol and ammonia-based chemicals （ammonia and amines, MMA products, formalin and polyol products, etc.) ・Energy resources and environmental businesses Aromatic Chemicals ・MXDA, aromatic aldehydes, polymer materials(MX nylon, etc.) ・Xylene separators and derivatives (Meta-xylene, purified isophthalic acid (PIA), etc.) Specialty Chemicals Specialty Chemicals ・Inorganic chemicals （electronic chemicals (super-pure hydrogen peroxide, hybrid chemicals), hydrogen peroxide, etc.) ・Engineering plastics （polycarbonate/sheet film, polyacetal, etc.） ・Optical materials （optical polymers, ultra-high refractive lens monomer, etc.） Information and Advanced Materials ・Electronic materials （BT materials for IC plastic packaging, OPETM, etc.） ・LivingTech and Hygiene Solutions (Oxygen absorbers : AGELESSTM,etc) (Environmental and Hygiene Chemicals：DIAPOWER etc.)
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©MITSUBISHI GAS CHEMICAL COMPANY, INC. 31 Reference: Upcoming IR Events – FY2026 second quarter financial results announcement November 10, 2026 (Tuesday) 15:30 – FY2026 second quarter results presentation for analysts and institutional investors November 10, 2026 (Tuesday) Time to be announced (Note) The above schedule is subject to change without notice.
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This document has been translated from the Japanese original for reference purpose only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. This document contains performance forecasts and other statements concerning the future. These forward- looking statements are based on information available at the time. These materials were prepared and on certain premises judged to be reasonable. None of these forward-looking statements are intended to be guarantees of future performance. Various factors may cause actual performance to differ significantly from forecasts. Disclaimer ©MITSUBISHI GAS CHEMICAL COMPANY, INC. 32