Business Performance Forecast

Consolidated Results Forecasts

（Billions of yen）

As for the full-year forecasts for consolidated operating results, the Group similarly expects net sales and each profit indicator to exceed previous forecasts as first-half earnings are likely to exceed the previous forecasts for the following reasons.

With regard to consolidated operating results forecasts for the first half of the fiscal year ending March 31, 2025, the MGC Group expects net sales and each profit indicator to exceed previous forecasts, even though the depreciation of the yen is likely to inflate costs recorded by the domestic engineering plastics business, while recovery in demand for BT materials for IC plastic packaging remains somewhat slower than expected. The above projection is backed by robust sales of optical polymers as well as chemicals for use in semiconductor manufacturing for highly functional memory device applications. Other factors supporting this projection include improving sales prices influenced by the depreciation of the yen.

The above forecasts assume exchange rates of ¥150=$1 (a depreciation of \5 from the previous forecast) and \160=€1 (a depreciation of \5 from the previous forecast) for the remaining months of the fiscal year.

Forecast by Segment

（Billions of yen）