Mitsubishi Chemical Group
Japanese chemicals company
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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 |
|---|---|
Romanized name | Mitsubishi Kemikaru Guruupu Kabushiki-gaisha |
| Type | Public |
| TYO: 4188 | |
| Industry | Chemical |
| Predecessor | Mitsubishi Chemical Corporation Mitsubishi Pharma Corporation (currently Mitsubishi Tanabe Pharma Corporation) |
| Founded | 3 October 2005[1] |
| Headquarters | , |
| Key people | Manabu Chikumoto (CEO)[1] Minoru Kida (CFO) |
| Revenue | |
| Total assets | |
| Total equity | |
Number of employees | 63,258 (2025)[1] |
| Subsidiaries | Mitsubishi Chemical Corporation Mitsubishi Plastics Mitsubishi Rayon Mitsubishi Kagaku Media Taiyo Nippon Sanso Corporation |
| Website | https://www.mcgc.com/ |
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]