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Mitsubishi Chemical Group

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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 people
Manabu 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/

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]

History

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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

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  1. 1 2 3 4 5 6 "Corporate Profile / Access". Mitsubishi Chemical Group. Retrieved 19 April 2026.
  2. 1 2 3 4 5 "KAITEKI Report 2024" (PDF). Mitsubishi Chemical Group. Retrieved 19 April 2026.
  3. "History". Mitsubishi Chemical Group. Retrieved 20 April 2026.
  4. "Member Companies". Mitsubishi. Retrieved 20 April 2026.
  5. Tullo, Alexander H. (2021-12-04). "Mitsubishi to exit petrochemical business". Chemical & Engineering News. Retrieved 2021-12-04.
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