首页
登录
职称英语
The crisis met by Japanese chemical groups is caused by, one of the reasons ____
The crisis met by Japanese chemical groups is caused by, one of the reasons ____
游客
2025-05-26
11
管理
问题
The crisis met by Japanese chemical groups is caused by, one of the reasons ______. [br] ______ is going to open a new plant.
Results from Japan’s largest petrochemicals companies for the year to March 31st reflect the crisis facing a sector plagued by sluggish domestic demand, over capacity, plunging prices and the appreciation of the yen. News of the sectors cire trading position follow this weeks decision by Showa Denko to sell its polystyrene business.
The company, a marginal manufacturer, sold its 30, 000 tonnes a year Kawasaki plant to Asahi Chemical, Japans largest polystyrene manufacturer with capacity of about 333, 000 tonnes a year, equivalent to about 25 percent of the market. The move was the latest in a series of alliances and mergers as the troubled industry restructures.
Mitsubishi Petrochemical, the country’s biggest plastics group, reported a loss of 8,39bn ($ 80m) compared with pre-tax profits last year of 8.25bn. The group made an operating loss of 13.8bn, the first since 1982. The poor result came despite cost-cutting measures, lower raw material prices, and 4bn worth of profits from equity sales.
Turnover fell 12.2 percent from 372bn to 326bn, as prices and volumes declined. Earnings per share, which reached 52. 5 in 1991, fell to a loss per share of 9.44. The group, which is scheduled to merge with Mitsubishi Kasei on October 1st, cut its dividend from 8 per share to 4.
Mitsubishi Kaseis pre-tax profits fell 76.8 percent from 9.3bn last year to 2.2bn. The group reported its first operating loss in 40 years at 467m, and only managed to post positive pre-tax results by selling 15.7bn worth of equities. Turnover fell 1.8 percent, the fourth yearly decline, to 696bn. The dividend was halved to 3 per share.
Mr. Morihisa Takano, managing director, said the newly merged group would generate pre-tax profits of 10bn on sales of 855 bn during the year to March 1995. He predicted petrochemicals prices would bottom out during the summer. No decision had been made about the dividend, but the new company could pass it during the current year. The pre-tax profits at Mitsui Petrochemical Industries, Japans biggest polyethylene maker, plunged 75 percent from 9bn to 2.26bn on sales down 9.3 percent at 272bn. The company blamed poor demand for the slump which offset the benefits of cost-cutting measures. The dividend is unchanged at 6 per share. The group forecast pre-tax profits for the current-year marginally up at 3bn on turnover of 276bn. Shin-Etsu, one of Japans biggest makers of polyvinyl chloride, reported profits down 26.1 percent from 17. 6bn to 13bn. Sales increased 0.2 percent from 275bn to 276bn. Net profits fell 26.6 percent to 7.08bn, or 421.85 per share. The group maintained the final dividend at 3.75, making the full-year pay out 7.5 per share. Shin-Etsu forecast pre-tax profits for the current year of 15.5bn on sales of 277bn.
The outlook for the petrochemicals industry remains blank. The imbalance between supply and demand for ethylene, the basic building block of petrochemicals, is about 2.8m tonnes of ethylene and is set to deteriorate further this year.
A massive 700,000-tonne-a-year ethylene complex owned by Maruzen, Mitsoi Petrochemical and Sumitomo Chemical comes on stream later this year and Mitsubishi Petrochemical is also commissioning a new 300, 000-torme-a-year plant this year.
选项
A、Shin-Etsu
B、Mitsui Petrochemical
C、Mitsubishi Petrochemical
答案
C
解析
转载请注明原文地址:https://tihaiku.com/zcyy/4090514.html
相关试题推荐
From1971until1986,Japaneseshareinhightechnologyexportmarketincreased
From1971until1986,Japaneseshareinhightechnologyexportmarketincreased
From1971until1986,Japaneseshareinhightechnologyexportmarketincreased
From1971until1986,Japaneseshareinhightechnologyexportmarketincreased
ThecrisismetbyJapanesechemicalgroupsiscausedby[br]______Chemicalgro
ThecrisismetbyJapanesechemicalgroupsiscausedby[br]OnOct.1st,Mitsub
ThecrisismetbyJapanesechemicalgroupsiscausedby[br]Theproductionsman
—Lookatthenotebelow.—YouwillhearacalltoJapaneseEmbassy.1.He’dlik
—Lookatthenotebelow.—YouwillhearacalltoJapaneseEmbassy.1.He’dlik
—Lookatthenotebelow.—YouwillhearacalltoJapaneseEmbassy.1.He’dlik
随机试题
TowardaSmarterWebWiththegrowthofth
Vibrationsinthegroundareapoorlyunderstoodbutprobablywidespreadmean
[originaltext]JapanesestyleconversationsdevelopquitedifferentlyfromW
前牙3/4冠邻沟的主要作用是A.阻止牙合向脱位 B.阻止龈脱位 C.阻止近远
一个无症状的18岁大学新生,男,在体格检查中发现血压148/90mmHg,眼底检
开办药品批发企业,审批的药品监督管理部门是A.国家食品药品监督管理局B.省级药品
每个房间相邻2个疏散门最近边缘之间的水平距离不小于()。A.4m B.5m
十八大提出政治体制改革的根本是 A.坚持党的领导B.加强依法治国 C
下列关于土地增值税的说法正确的是( )。A.对于一方出地,一方出资金,双方合作建
货币需求作为一种经济需求,是由()共同决定。A.货币需求能力 B.货币价值
最新回复
(
0
)