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Chemicals & Materials

Mitsubishi Chemical Corporation

Company Profile Analysis

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Mitsubishi Chemical Corporation - Chemicals & Materials showcase

Year Founded & Workforce

1932-12-31

40,507 Employees

Industry

Chemicals & Materials

Services

M

Mitsubishi Chemical Corporation Overview

Company Headquarters: Japan

Founded: 1933

Workforce: ~40,507

Company Working: Mitsubishi Chemical Corporation, a subsidiary of Mitsubishi Chemical Holdings Corporation, is primarily engaged in the production and sales of chemical products and services. It is primarily known for its design, research & development, and manufacturing molded products & components, supplemental materials & adhesives, composite materials, and synthetic papers. The company offers products for drinking water, water purifiers, hollow fiber membrane filters, alkaline ionizers, artificial carbonated water generators. It also offers photovoltaic, battery, display, imaging, lighting, information, semiconductor, and insulating materials. The company has 15 manufacturing facilities and eight research & development units in Japan.

Mitsubishi Chemical Holdings America, Inc., Mitsubishi Chemical Holdings Co., Ltd., Mitsubishi Chemical Holdings Europe GmbH, and Mitsubishi Chemical Holdings Corporate Staff, Inc. are its subsidiaries.

Strategy

Mitsubishi Chemical Corporation's strategy is described in three words: simplification, focus, and growth. It focuses on creating a common learning platform across the company that will help to build strong market growth with enhanced product technology. Also, the company is focusing on creating new goods and solutions that cut the carbon emissions of key businesses driving energy progress, which is crucial in a dynamic world. The company prioritizes improving the effectiveness of manufacturing processes while simultaneously attempting to save costs through international sourcing. Moreover, it focuses on achieving a strong market position by collaborating with internal and external stakeholders. Also, it aims at maintaining its legacy of exceptional quality and unyielding passion for offering the best possible laminates. The company strives to provide goods that fulfill unmet requirements, ensure environmental responsibility through processes and products, and offer a comprehensive range of goods. Also, the company has made long-term efforts with advanced technology to realize the sustainable well-being of people, society, and the planet under KAITEKI philosophy.

Company Snapshot

$32,846.3M

Revenue

40,507

Employees

1932-12-31

Founded

Japan

Headquarters

SWOT Analysis

Strengths

  • Vast manufacturing facilities
  • Strong R&D base in Japan
  • Diverse product portfolio
  • High financial position
  • High focus on R&D
  • High manufacturing capacity
  • Strong research and development wing
  • Vast product portfolio
  • Strong employee base
  • Diversified product portfolio
  • Ability to deliver solutions for various optical applications
  • Leading competitor in the market
  • Strong distribution channel
  • Good market position

Weaknesses

  • Limited presence outside Japan
  • Declining revenue from the major business segments
  • Dependent on the Japanese market for revenue
  • Limited presence outside the regional market
  • Exchange rate impacts due to the high ratio of overseas sales
  • Focus only on the domestic market
  • Sourcing of raw material
  • Fewer development with respect to market

Opportunities

  • Surging demand for pitch-based composites in the Asian market
  • Strong growth of the high-performance products market
  • Strong growth of the high-performance products market
  • Increasing number of wastewater treatment plants worldwide
  • Strategic initiatives such as product development and business expansion
  • Growing market in Asia-Pacific
  • Scope for wind power generation and production of pressure vessels
  • Expansion opportunities in overseas business
  • Strong R&D facility for product development
  • Strong presence in Asia-Pacific region

Threats

  • Intense competition due to alliances and joint ventures in the Japanese chemicals industry
  • Fluctuation in raw material availability and prices
  • Intense competition from tier-1 manufacturers with greater global presence
  • Shrinkage of existing market due to destructive technological innovation
  • Intensified competition due to constant quality improvement of products
  • Stringent government regulations
  • Fluctuation in raw material price

Key Developments

DateApproachDevelopment
July 2018AcquisitionMitsubishi Chemical Corporation acquired Praxair, Inc. This acquisition helped enhance the manufacture and sale of industrial gas and related machinery and water treatment equipment.

Product Offering

  • Mitsubishi Chemical Corporation
    • CSP801E
    • CSP601E
    • MD101E-S
    • CB013E
    • CG104E
    • Z9E
    • SSX880E
    • A501ZCB

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Mitsubishi Chemical Corporation as part of our ongoing coverage of the Chemicals & Materials sector, drawing on public company data, filings, and market intelligence.

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Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Mitsubishi Chemical Corporation

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