Mitsubishi Chemical Group Corp - Company Profile
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Business Description
Mitsubishi Chemical Group Corp (MCGC), formerly Mitsubishi Chemical Holdings Corp produces petrochemicals, carbon products, agrochemicals, pharmaceuticals, information and electronics-related products, plastic-based products, specialty chemicals, and synthetic or chemical fibers.
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R&D Overview
The company focuses its R&D on innovation and refinement of production technologies and the development of new products based on the strengths of molecular design, function creation, value-addition, and processing and device technologies. The company conducts R&D at the Mitsubishi Chemical Group Science and Technology Research Center, MCGC R&D Synergy Center, the KAITEKI Institute, the New Products Development Center, the Fundamentals Research & Development Center, and the Life Science Institute, among others. MCGC Group companies maintain independent R&D programs and collaborate by sharing technology and market information, conducting joint research, and undertaking and outsourcing R&D. They also work with businesses outside the group to refine and develop technologies. The company emphasizes four major points, focus on end markets, leveraging new digital technologies, process efficiency, and developing new business fields. In FY2025, the company spent JPY123,879 million on its R&D activities, which as a percentage of revenue, stood at 2.8% and grew 1.6% YoY.
Business Segments
Overview
It sells petrochemicals and carbon business offerings to domestic and overseas customers. Petrochemicals include basic petrochemicals such as olefins and aromatics; polyolefins such as polyethylene and polypropylene; and basic chemical derivatives such as ethylene derivatives like ethylene oxide and ethylene glycols; propylene derivatives like acrylic acid and octanol; C4 derivatives like 1,4-butanediol, GBL and NMP; and terephthalic acid.
Performance
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Overview
Engage in the ethical pharmaceuticals business (researching, developing, and manufacturing ethical pharmaceuticals) and selling to domestic and foreign customers. The segment's strategy is to advance in precision medicine through upgraded R&D processes; focus innovation development on rare diseases and continue to invest in a new pipeline; and leverage partnerships for development and sales.
Performance
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Overview
Offers industrial gases such as oxygen, nitrogen, and argon to steel, chemical, electronics, automobile, construction, shipbuilding and food industries. It also develops and manufactures household items such as stainless steel thermoses. The segment's strategy is to grow in the four global regions including Japan, the US, Europe, and Asia/Oceania; improve the segment's profit margins; and strengthen collaboration between the MCG Group and Nippon Sanso Holdings (NSHD) Group.
Performance
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Overview
It engages in the sales of methyl methacrylate (MMA) and PMMA to domestic and overseas customers.
Performance
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Overview
It consists of businesses not included in reporting segments and mainly includes engineering, transportation, and warehousing operations.
Performance
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Overview
Manufactures and sells performance polymers, soarnol, gohsenol, sustainable polymers, engineering plastic, coating material, additives, packaging poly films, industrial and medical films, acetyl films, polyester films, engineering shapes and solutions, carbon fiber, composite materials, fiber, aqua solution, life solutions, infrastructure solutions, semiconductors, electronics, and battery materials. The segment's strategy is to focus on being a market-oriented organization related to EV/Mobility, digital, and food markets; grow existing products globally; and build leadership positions in sustainability areas.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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