Mitsubishi Chemical Company is a comprehensive company formed by the merger of Mitsubishi Chemical Corporation and Mitsubishi Oil Chemical Co., Ltd. on October 1, 1994. Mitsubishi Chemical's sales volume ranks first in the Japanese chemical industry.
Mitsubishi Chemical Company is the largest chemical company in Japan. The company provides a wide range of products through its three main departments: functional materials and plastic products (including information and electronic products, professional chemicals, and pharmaceuticals); Petrochemical industry; Carbon and agricultural products. Although functional materials such as aluminum, sheet plastic products, and plastic packaging account for more than 55% of sales, the company still places long-term goals on professional chemicals and pharmaceuticals. Mitsubishi Chemical is undergoing structural and management reforms to make it profitable.