Mitsubishi Chemical Group Corporation | |
Image Caption: | Headquarters in Marunouchi, Chiyoda, Tokyo |
Native Name: | 三菱ケミカルグループ株式会社 |
Native Name Lang: | ja |
Romanized Name: | Mitsubishi Kemikaru Guruupu Kabushiki-gaisha |
Type: | Public (K.K) |
Predecessor: | Mitsubishi Chemical Corporation Mitsubishi Pharma Corporation (currently Mitsubishi Tanabe Pharma Corporation) |
Location City: | Tokyo |
Location Country: | Japan |
Key People: | Jean-Marc Gilson, President and CEO |
Industry: | Chemical |
Revenue: | ¥2,515,076 million (March 2010) [1] |
Operating Income: | ¥66,342 million (March 2010) |
Net Income: | ¥12,833 million (March 2010) |
Assets: | ¥3,355,097 million (March 2010) |
Num Employees: | 54,111 [2] |
Subsid: | Mitsubishi Chemical Corporation Mitsubishi Tanabe Pharma Mitsubishi Plastics Mitsubishi Rayon Mitsubishi Kagaku Media Taiyo Nippon Sanso Corporation (大陽日酸) |
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.
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.[3]