sector: Basic Materials ·
industry: Chemicals - Diversified ·
Mitsubishi Chemical Holdings Corp. is a Japan-based holding company. Through its subsidiaries and associated companies, the Company is engaged in six business segments. The Electronics Applications segment offers recording materials, electronics-related products, information materials and inorganic chemicals. The Designed Materials segment offers functional food materials, battery materials, precision chemicals, processed resin products and compound materials. The Health Care segment offers pharmaceuticals, diagnosis products and clinical inspection products. The Chemicals segment provides basic chemicals, compound chemicals, synthetic fiber raw materials, carbon products and fertilizers. The Polymers segment offers synthetic resins. The Others segment is engaged in engineering, transportation and storage businesses. On September 10, 2009, the Company announced that it has made Nippon Synthetic Chem Industry Co., Ltd. a consolidated subsidiary.
BRIEF: For the six months ended 30 September 2009, Mitsubishi Chemical Holdings Corp.'s revenues decreased 28% to Y1.146T. The Company's net loss totaled Y2.57B, vs. an income of Y23.54B. Revenues reflect lower sales due to the serious operating environment. Net loss also suffers from a lower operating profit margin and the presence of Y12.56B loss on liquidation of affiliates, as well as the absence of Y9.0B insurance received.
Mitsubishi Chemical Holdings Corporation
4-14-1 Shiba
Minato-ku TKY 108-0014
P: +813.64144850