Wikiwand AI

Mitsubishi Chemical Group

Japanese chemicals company From Wikipedia, the free encyclopedia

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 chemical industry company formed in October 2005 from the merger of Mitsubishi Chemical Corporation and Mitsubishi Pharma Corporation.[3] The company is headquartered in Tokyo[1] and is one of the major companies in the Mitsubishi multinational conglomerate.[4]

Native name
三菱ケミカルグループ株式会社
Mitsubishi Kemikaru Guruupu Kabushiki-gaisha
TypePublic
Quick facts Native name, Romanized name ...
Mitsubishi Chemical Group Corporation
Native name
三菱ケミカルグループ株式会社
Mitsubishi Kemikaru Guruupu Kabushiki-gaisha
TypePublic
TYO: 4188
IndustryChemical
PredecessorMitsubishi Chemical Corporation
Mitsubishi Pharma Corporation (currently Mitsubishi Tanabe Pharma Corporation)
Founded3 October 2005; 20 years ago (2005-10-03)[1]
Headquarters,
Key peopleManabu Chikumoto (CEO)[1]
Minoru Kida (CFO)
RevenueDecrease ¥4,387,218 million (2024)[2]
Increase ¥261,831 million (2024)[2]
Increase ¥178,439 million (2024) [2]
Total assetsIncrease ¥6,104,513 million (2024)[2]
Total equityIncrease¥2,275,495 million (2024)[2]
Number of employees
63,258 (2025)[1]
SubsidiariesMitsubishi Chemical Corporation
Mitsubishi Plastics
Mitsubishi Rayon
Mitsubishi Kagaku Media
Taiyo Nippon Sanso Corporation
Websitehttps://www.mcgc.com/
Close

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.[5]

References

Related Articles

Timelines

Top Qs

Fact Checks