Mitsubishi Chemical Group

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
Company type
Public
TYO: 4188
IndustryChemical
PredecessorMitsubishi Chemical Corporation
Mitsubishi Pharma Corporation (currently Mitsubishi Tanabe Pharma Corporation)
Founded3 October 2005 (2005-10-03)[1]
Headquarters
Tokyo
,
Japan[1]
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

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

  1. ^ a b c d e f "Corporate Profile / Access". Mitsubishi Chemical Group. Retrieved 19 April 2026.
  2. ^ a b c d e "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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