Overview
Chemicals

Mitsubishi Chemical Group Corporation

Mitsubishi Chemical Group is a diversified global chemical conglomerate operating across five core segments: Specialty Materials, MMA & Derivatives, Basic Materials & Polymers, Pharma, and Industrial Gases. The company develops and manufactures a broad portfolio of advanced materials, performance chemicals, pharmaceutical products, and industrial gases, serving industries ranging from electronics and automotive to healthcare and energy. With a global operational footprint spanning Asia, Europe, North America, and beyond, the group leverages integrated manufacturing capabilities and deep application expertise as key competitive strengths.

Market Cap
¥1,510B
US$9.62B
EV
¥3,720B
US$23.7B
Stock¥1,111.5▼-0.94%
US$1 = ¥157.05 (2026-10-22)
LTM EV/EBITDA
10.3
x
LTM EV/EBIT
34.7
x
LTM PER
30.3
x
LTM PBR
0.8
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+8.5%pt
10012
Oct 23, 25 – Oct 23, 26StockTOPIX
1Mar 9, 26Market-wide: Adjustment on rate hike concerns
2Aug 7, 26Q1 FY2027/03 earnings announced
MC → EV Bridge
1,510BUS$9.62BMarket Cap1,976BUS$12.6B+ Debt445BUS$2.83B− Cash0.55BUS$3.48M− Inv. Sec.679BUS$4.33B+ NCI3,720BUS$23.7BEV
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Performance & Balance
Revenue 5Y (¥B)
3,977US$25.3B'22/34,635US$29.5B'23/34,387US$27.9B'24/33,948US$25.1B'25/33,704US$23.6B'26/3
EBITDA 5Y (¥B)
555US$3.53B'22/3452US$2.88B'23/3537US$3.42B'24/3417US$2.66B'25/3301US$1.92B'26/3
Net Income 5Y (¥B)
177US$1.13B'22/396.1US$612M'23/3120US$762M'24/3-1.85-US$11.8M'25/3-82.8-US$527M'26/3
Capital Structure
48%
52%
EquityD/E 1.09xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
246US$1.57B2,160US$13.8B'22/3297US$1.89B2,244US$14.3B'23/3295US$1.88B2,201US$14.0B'24/3326US$2.08B2,178US$13.9B'25/3527US$3.36B2,022US$12.9B'26/3
Shareholders
Top 10 hold 43.6%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
15.61%
2
Custody Bank of Japan, Ltd. (Trust Account)
5.59%
3
STATE STREET BANK AND TRUST COMPANY 505001 (Standing Proxy: Mizuho Bank, Ltd., Settlement Operations Department)
5.03%
4
Meiji Yasuda Life Insurance Company (Standing Proxy: Japan Custodian Bank, Ltd.)
4.73%
5
Nippon Life Insurance Company (Standing Proxy: The Master Trust Bank of Japan, Ltd.)
3.13%
6
THE CHASE MANHATTAN BANK, N.A. LONDON SECS LENDING OMNIBUS ACCOUNT (Standing Proxy: Mizuho Bank, Ltd., Settlement Operations Department)
2.45%
7
JPMorgan Securities Japan Co., Ltd.
2.21%
8
JP MORGAN CHASE BANK 385642 (Standing Proxy: Mizuho Bank, Ltd., Settlement Operations Department)
1.91%
9
JP MORGAN CHASE BANK 385781 (Standing Proxy: Mizuho Bank, Ltd., Settlement Operations Department)
1.47%
10
Nomura Trust and Banking Co., Ltd. (Investment Trust Account)
1.45%
Management
9 officers
Nobuo FUKUDA
Director and Chairman of the Board
Apr 1981 Joined Mitsubishi Chemical Industries, Ltd. Apr 2019 Representative Director and Managing Executive Officer, Mitsubishi Chemical Corporation Apr 2022 Representative Executive Vice President, Mitsubishi Chemical Group Corporation; Representative Director, Mitsubishi Chemical Corporation Jun 2023 Director, Mitsubishi Chemical Group Corporation; Director and Senior Adviser, Mitsubishi Chemical Corporation Jun 2024 Chairman of the Board and Director, Mitsubishi Chemical Group Corporation (current) Representative Director, Mitsubishi Chemical Corporation Apr 2025 Director, Mitsubishi Chemical Corporation (current)
1958-12-09
Manabu CHIKUMOTO
Director
Apr 1988 Joined Mitsubishi Chemical Industries, Ltd. Apr 2018 Executive Officer, Mitsubishi Chemical Group Corporation Apr 2022 General Manager, Carbon Chemicals Division, Basic Materials Domain, Mitsubishi Chemical Corporation Apr 2023 Executive Vice President, Mitsubishi Chemical Group Corporation; Director, Mitsubishi Chemical Corporation Jun 2023 Representative Director, Mitsubishi Chemical Corporation Apr 2024 President and Executive Officer, Mitsubishi Chemical Group Corporation Jun 2024 Director, President and Executive Officer, Mitsubishi Chemical Group Corporation (current) Apr 2025 President, Mitsubishi Chemical Corporation (current)
1964-06-26
Toshiya KATSURAGI
Director
Apr 1987 Joined Mitsubishi Chemical Industries, Ltd. Apr 2018 Executive Officer, Mitsubishi Chemical Corporation Apr 2022 General Manager, R&D Transformation Division, Mitsubishi Chemical Corporation Jul 2023 General Manager, Functional Excellence Division, Mitsubishi Chemical Group Corporation Apr 2024 Executive Officer and Senior Vice President, Mitsubishi Chemical Group Corporation Apr 2025 Director and Managing Executive Officer, Mitsubishi Chemical Corporation Jun 2026 Audit & Supervisory Board Member, Mitsubishi Chemical Corporation (current) Jun 2026 Director, Mitsubishi Chemical Group Corporation (current)
1963-02-18
Akihiro ETO
Outside Director
Apr 1986 Joined Bridgestone Corporation Jul 2010 Executive Officer, Bridgestone Corporation Sep 2012 Managing Executive Officer, Bridgestone Corporation Sep 2014 Senior Managing Executive Officer, Bridgestone Corporation Jan 2016 Senior Vice President, Bridgestone Corporation Mar 2016 Executive Vice President, Bridgestone Corporation Jan 2019 Representative Executive Officer, COO and President, Bridgestone Corporation Mar 2019 Director, Representative Executive Officer, COO and President, Bridgestone Corporation Jul 2020 Director, Bridgestone Corporation Jun 2024 Outside Director, Mitsubishi Chemical Group Corporation (current)
1960-04-07
Shuichi SAKAMOTO
Outside Director
Apr 1981 Joined Asahi Kasei Kogyo Corporation Apr 2014 Director and Managing Executive Officer, Asahi Kasei Chemicals Corporation Nov 2014 Senior Executive Officer, Asahi Kasei Corporation Apr 2016 Managing Executive Officer and CFO, Asahi Kasei Corporation Jun 2016 Director, Managing Executive Officer and CFO, Asahi Kasei Corporation Apr 2018 Director and Managing Executive Officer in charge of Healthcare Domain, Asahi Kasei Corporation Apr 2019 Director and Senior Managing Executive Officer, Asahi Kasei Corporation Apr 2023 Director, Asahi Kasei Corporation Jun 2023 Adviser, Asahi Kasei Corporation Jun 2024 Outside Director, Mitsubishi Chemical Group Corporation (current)
1957-10-13
Seiji KURAISHI
Outside Director
Apr 1982 Joined Honda Motor Co., Ltd. Jun 2010 Director, Honda Motor Co., Ltd. Apr 2011 Director and Executive Officer, Honda Motor Co., Ltd. Jun 2011 Executive Officer, Honda Motor Co., Ltd. Apr 2014 Managing Executive Officer, Honda Motor Co., Ltd. Apr 2016 Senior Managing Executive Officer, Honda Motor Co., Ltd. Jun 2016 Representative Director, Executive Vice President and Executive Officer, Honda Motor Co., Ltd. Apr 2017 Chief Operating Officer, Honda Motor Co., Ltd. Jun 2017 Representative Director and Executive Vice President, Honda Motor Co., Ltd. Jun 2021 Director and Representative Executive Vice President, Honda Motor Co., Ltd. Apr 2022 Chairman of the Board, Honda Motor Co., Ltd. Jun 2024 Special Adviser, Honda Motor Co., Ltd. (current) Jun 2025 Outside Director, Mitsubishi Chemical Group Corporation (current)
1958-07-10
Jeffrey COATES
Outside Director
Jul 1997 Assistant Professor, Department of Chemistry, Cornell University Jul 2001 Associate Professor, Department of Chemistry and Chemical Biology, Cornell University Jul 2002 Professor, Department of Chemistry and Chemical Biology, Cornell University Jul 2007 Betty R. Miller Professor, Department of Chemistry and Chemical Biology, Cornell University Jul 2008 Tisch University Professor, Department of Chemistry and Chemical Biology, Cornell University (current) Jun 2024 Outside Director, Mitsubishi Chemical Group Corporation (current)
1966-10-12
Toshihiro OTSUKA
Outside Director
Oct 1987 Joined Minato Audit Corporation Mar 1991 Registered as Certified Public Accountant Jul 2003 Representative Partner, KPMG Azsa & Co. Nov 2015 Managing Director, KPMG Azsa LLC Jul 2017 Senior Managing Director, KPMG Azsa LLC (in charge of HR, Corporate Governance CoE, Integrated Reporting CoE and Sports Business CoE); Head of HR, KPMG Japan Jul 2019 Senior Managing Director, KPMG Azsa LLC (in charge of Executive Operations, Tokyo Office and Accounting); CFO, KPMG Japan Jul 2021 Senior Managing Director, KPMG Azsa LLC (in charge of Quality Control and Risk Management); Head of Audit, KPMG Japan Jul 2023 Senior Managing Director, KPMG Azsa LLC; Director, Research Institute Jun 2026 Outside Director, Mitsubishi Chemical Group Corporation (current)
1960-12-02
Yuko CHIYODA
Outside Director
Apr 1994 Registered as Attorney-at-Law Jan 2002 Representative, Chiyoda Law Office (current) Jun 2026 Outside Director, Mitsubishi Chemical Group Corporation (current)
1961-01-14
Large Shareholding Reports
Sumitomo Mitsui Trust Asset Management Co., Ltd.
2025-09-19
3.18%→2.94%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-07
Q1 Earnings Flash
FY ending Mar 2027
TDnet
2026-07-31
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-06-22
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-05-13
中期経営計画
FY ending Mar 2026
TDnet
2026-02-12
Q3 Earnings Flash
FY ending Mar 2026
TDnet
2026-02-05
Q3 Earnings Flash
FY ending Mar 2026
EDINETAmended
2025-11-12
Amended Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINET
2025-11-12
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-09-19
Large Shareholding Report
TDnet
2025-08-08
Q1 Earnings Flash
FY ending Mar 2026
TDnet
2025-08-01
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-06-23
Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2025-02-13
Q3 Earnings Flash
FY ending Mar 2025
EDINETAmended
2025-02-07
中期経営計画
TDnet
2025-02-06
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2024-11-13
中期経営計画
EDINET
2024-11-12
Semi-Annual Securities Report
Period: Apr 2024 – Mar 2025
TDnet
2024-08-08
Q1 Earnings Flash
FY ending Mar 2025
TDnet
2024-08-01
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-25
Annual Securities Report
Period: Apr 2023 – Mar 2024
EDINET
2024-06-07
Securities Registration Statement
EDINET
2024-02-13
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINETAmended
2024-01-19
Amended Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-11-13
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-09
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-06-27
Annual Securities Report
Period: Apr 2022 – Mar 2023
EDINET
2023-02-10
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-09
Quarterly Securities Report
EDINET
2022-06-24
Annual Securities Report
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