Interim Consolidated Financial Statements for the Fiscal Year Ended March 31, 2001
November 27, 2000
Stock exchange listings:
Code number:
Board of Directors meeting:

Mitsubishi Gas Chemical Co., Inc.
Head office location: Tokyo
Contact:
Jin Hata
General Manager
Public & Investor Relations Division(03)-3283-5041

Tokyo, Osaka, Nagoya
4182
November 27, 2000

1. Interim Results for Fiscal 2000 (April 1, 2000 to September 30, 2000)(1)

Sales and Income

Ended Sep. 2000
Ended Sep. 1999
Ended Mar. 2000

Net sales(¥ million)
155,981289,531
Net income(¥ million)

Year-on-yearchange (%)
1.1Year-on-yearchange (%)

Note: All amounts are rounded down to the nearest million yen.
Operating income
Year-on-year
Ordinary income
Year-on-year(¥ million)change (%)(¥ million)change (%)
5,439
4,707
5,293
-30.6
7,332
-29.8
Earnings per
share (¥)

Ended Sep. 2000
2,062
Ended Sep. 1999
Ended Mar. 2000
4,172-38.2
Notes:
1. Equity method investment profit or loss:

4.26
8.40

Return on
equity (%)

Dilutedearnings per
share (¥)
8.39

1.2
2.4

Ordinary
income on total
assets (%)
1.0
1.5

Ordinary
income to net
sales (%)
3.0
2.5

Six months ended September 2000:¥750 million
Six months September 1999:
Year ended March 2000:¥1,322 million
2. Derivatives profit or loss from valuation at end of interim period:-¥235 million
3. Changes in accounting methods:
No
4. Year-on-year changes for net sales, operating income, ordinary income, and net income are based on the previous (interim) period.

(2)

Financial Position

Ended Sep. 2000
Ended Sep. 1999
Ended Mar. 2000

(3)

Shareholders’ equity(¥ million)
166,638
172,718

Shareholders’ equity ratio(%)
35.4
35.9Shareholders’ equity pershare (¥)
344.66355.77

Net cash provided byoperating activities(¥ million)
5,793
16,697

Net cash used in investing
activities(¥ million)
6,170-17,824

Net cash used in financing
activities(¥ million)-18,701-7,467

Cash and cash equivalents at
end of period(¥ million)
34,71542,007

Cash Flow

Ended Sep. 2000
Ended Sep. 1999
Ended Mar. 2000

(4)

Total assets(¥ million)
470,883
481,030

Scope of Consolidation and Equity Method Application
Number of consolidated subsidiaries:
Number of unconsolidated subsidiaries accounted for by the equity method:
Number of affiliated companies accounted for by the equity method:

(5)

240
12

Changes in Scope of Consolidation and Equity Method Application
Consolidation
Equity method(New)0(Eliminated) 1(New)
0(Eliminated) 0

2. Projected Results for Fiscal 2000 (April 1, 2000 to March 31, 2001)
Net sales
Ordinary income(¥ million)(¥ million)
Fiscal 2000
316,000
12,300
Reference: Estimated earnings per share for fiscal 2000:

Net income(¥ million)
6,700¥13.86

Interim Unconsolidated Financial Statements for the Fiscal Year Ended March 31, 2001
November 27, 2000
Stock exchange listings (section):
Code number:Interim Board of Directors meeting:Interim dividend payment:Interim dividend system:

Mitsubishi Gas Chemical Co., Inc.
Head office location: Tokyo
Contact:
Jin Hata
General Manager
Public & Investor Relations Division(03)-3283-5041

Tokyo, Osaka, Nagoya
4182
November 27, 2000
December 8, 2000
Yes

1. Interim Results for Fiscal 2000 (April 1, 2000 to September 30, 2000)(1)

Sales and Income

Ended Sep. 2000
Ended Sep. 1999
Ended Mar. 2000

Net sales(¥ million)
112,018
101,729
209,503
Net income(¥ million)
6078002,458

Year-on-yearchange (%)
10.1
-5.8
-

Ended Sep. 2000
Ended Sep. 1999
Ended Mar. 2000
Notes:
1. Average number of shares outstanding:Note: All amounts are rounded down to the nearest million yen.
Operating income
Year-on-year
Ordinary income
Year-on-year(¥ million)change (%)(¥ million)change (%)
978
440
-58.5
-1,630-180.0
1,060-5.6
166
3,843
-

Year-on-year change(%)
-24.2
12.4
-

Earnings per share(¥)
1.26
1.61
4.95

Six months ended September 2000:
Six months ended September 1999:
Year ended March 2000:

483,645,065 shares
498,622,398 shares
496,954,065 shares

2. Changes in accounting methods:
No
3. Year-on-year changes for net sales, operating income, ordinary income, and net income are based on the previous (interim) period.

(2)

Dividends

Ended Sep. 2000
Ended Sep. 1999
Ended Mar. 2000

(3)

Interim cash dividends
per share (¥)
1.50
2.50
-Annual cash dividends
per share (¥)
5.00

Financial Position

Total assets
Shareholders’ equity
Shareholders’ equity ratio
Shareholders’ equity per(¥ million)(¥ million)(%)
share (¥)
Ended Sep. 2000
342,371
131,28138.3
271.53
Ended Sep. 1999
361,159
134,75237.3
270.25Ended Mar. 2000
353,708
132,42737.4
272.78Notes: Number of shares outstanding at end of period:
Six months ended September 2000:
483,478,398 shares
Six months ended September 1999:
498,622,398 sharesYear ended March 2000:
485,478,398 shares

2. Projected Results for Fiscal 2000 (April 1, 2000 to March 31, 2001)
Net sales
Ordinary income(¥ million)(¥ million)
Fiscal 2000
228,000
3,500
Reference: Estimated earnings per share for fiscal 2000:

Net income(¥ million)
2,200¥4.55

Annual cash dividends per share (¥)
Year-end
2.50
4.00