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Mitsubishi Chemical Group

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(Redirected from Mitsubishi Chemical Holdings Corporation) Japanese chemicals company
Mitsubishi Chemical Group Corporation
Headquarters in Marunouchi, Chiyoda, Tokyo
Native name三菱ケミカルグループ株式会社
Romanized nameMitsubishi Kemikaru Guruupu Kabushiki-gaisha
Company typePublic
Traded asTYO: 4188
IndustryChemical
PredecessorMitsubishi Chemical Corporation
Mitsubishi Pharma Corporation (currently Mitsubishi Tanabe Pharma Corporation)
Founded3 October 2005; 19 years ago (2005-10-03)
HeadquartersTokyo, Japan
Key peopleJean-Marc Gilson (president and CEO)
RevenueIncrease ¥2,515,076 million (March 2010)
Operating incomeIncrease ¥66,342 million (March 2010)
Net incomeIncrease ¥12,833 million (March 2010)
Total assets¥3,355,097 million (March 2010)
OwnerMitsubishi Group
Number of employees54,111
ParentMitsubishi Group
SubsidiariesMitsubishi Chemical Corporation
Mitsubishi Tanabe Pharma
Mitsubishi Plastics
Mitsubishi Rayon
Mitsubishi Kagaku Media
Taiyo Nippon Sanso Corporation (大陽日酸)
Websitemitsubishichem-hd.co.jp

Mitsubishi Chemical Group Corporation (三菱ケミカルグループ株式会社, Mitsubishi Kemikaru Guruupu Kabushiki-gaisha) is a Japanese company formed in October 2005 from the merger of Mitsubishi Chemical Corporation and Mitsubishi Pharma Corporation. The company is based in Tokyo and is one of the core Mitsubishi companies.

History

On December 4, 2021, the company announced they would be leaving the commodity chemical businesses by the 2023 fiscal year. The petrochemical and coal-chemical units accounted for $4.8 billion a year in sales and they said the reason for divesting is Japan's shift toward carbon neutrality and poor growth potential.

References

  1. ^ "Mitsubishi Chemical Holdings Corporation Condensed Consolidated Financial Information for the Year Ended March 31, 2010" (PDF). Mitsubishi Chemical Holdings. 13 May 2010. Retrieved 24 December 2010.
  2. "Mitsubishi Chemical Holdings Corp. (Public, TYO:4188)". Google, Inc. Retrieved 24 December 2010.
  3. Tullo, Alexander H. (2021-12-04). "Mitsubishi to exit petrochemical business". Chemical & Engineering News. Retrieved 2021-12-04.

External links

TOPIX 100 companies of Japan
Core 30
Large 70
Nikkei 225 companies of Japan
Mitsubishi Group
Established 1870 by Iwasaki Yataro
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