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Process Industries

Mitsui Chemicals, Inc.

Business Summary

Mitsui Chemicals, Inc. manufactures and sells petrochemicals and industrial inorganic chemical products. It operates through the following segments: Mobility, Healthcare, Food and Packaging, Base Material, and Others. The Mobility segment covers the new product development support business (solution business) for elastomers, functional compounds, functional polymers, polypropylene compounds, automobiles and other industrial products. The Healthcare segment includes vision care material, non-woven fabric, dental material, and personal care material. The Food and Packaging segment handles the coating and functional materials, functional films and sheets, and agricultural chemicals. The Base Material segment covers the ethylene, propylene, polyethylene, polypropylene, catalysts, phenols, high-purity terephthalic acid, PET resins, polyurethane materials, and industrial chemicals. The Others segment comprises of other related businesses. The company was founded on July 1, 1955 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue1,612.68B14,351.24M
Gross Profit378,740M3,370.39M
Operating income132,073M1,175.31M
Income before tax115,455M1,027.42M
Net income109,990M978.79M
EBITDA216,295M1,924.80M
Diluted EPS565.455.03
Dividends Per Share1201.06
Total Assets1,934.96B15,942.03M
Total liabilities1,127.84B9,292.21M
Total equity712,654M5,871.50M
Operating cash flow92,584M823.90M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 1,328.52B 1,482.90B 1,349.52B 1,211.72B 1,612.68B
Gross Profit 309,366M 316,332M 298,383M 293,842M 378,740M
Operating income 103,491M 93,427M 69,088M 79,297M 132,073M
Income before tax 94,208M 105,297M 56,312M 68,254M 115,455M
Net income 71,585M 76,115M 33,970M 57,873M 109,990M
EBITDA 149,145M 142,931M 145,097M 155,918M 216,295M
Diluted EPS 358.37 385.59 174.51 298.00 565.45
Dividends Per Share 90 100 100 100 120
Total Assets 1,431.30B 1,501.07B 1,530.51B 1,558.12B 1,934.96B
Total liabilities 844,087M 869,335M 920,808M 875,968M 1,127.84B
Total equity 511,586M 551,915M 529,220M 607,921M 712,654M
Operating cash flow 82,660M 109,492M 142,232M 174,323M 92,584M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 11,986.79M 13,372.23M 12,412.16M 11,425.17M 14,351.24M
Gross Profit 2,791.29M 2,852.54M 2,744.36M 2,770.59M 3,370.39M
Operating income 933.76M 842.48M 635.43M 747.67M 1,175.31M
Income before tax 850.00M 949.52M 517.92M 643.55M 1,027.42M
Net income 645.88M 686.37M 312.43M 545.67M 978.79M
EBITDA 1,345.68M 1,288.88M 1,334.52M 1,470.12M 1,924.80M
Diluted EPS 3.23 3.47 1.60 2.80 5.03
Dividends Per Share 0.81 0.90 0.91 0.94 1.06
Total Assets 13,458.47M 13,561.67M 14,177.34M 14,100.67M 15,942.03M
Total liabilities 7,936.87M 7,854.13M 8,529.55M 7,927.31M 9,292.21M
Total equity 4,810.39M 4,986.35M 4,902.22M 5,501.54M 5,871.50M
Operating cash flow 745.81M 987.35M 1,308.17M 1,643.66M 823.90M

Valuation Measures

Mar 2022
PER5.46
ROA6.29%
ROE16.65%
Operating margin8.18%
Profit margin6.82%

Key executives

  • Executive President, CEO & Representative Director: Osamu Hashimoto
  • Executive Vice President: Yasuji Ohmura
  • Executive Officer: Yasunori Nishiyama
  • Director & Managing Executive Officer: Hajime Nakajima
  • Director & Senior Managing Executive Officer: Yoshinori Andou

Shareholders

  • Nomura Asset Management Co., Ltd. (6.2%)
  • Asset Management One Co., Ltd. (5.5%)
  • Mitsui Chemicals, Inc. (4.5%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.9%)
  • Nikko Asset Management Co., Ltd. (2.5%)
  • The Vanguard Group, Inc. (2.3%)
  • Mitsui & Co., Ltd. (1.7%)
  • Mitsui & Co., Ltd. Pension Fund (1.7%)
  • BlackRock Fund Advisors (1.7%)
  • Daiwa Asset Management Co. Ltd. (1.6%)

Contact Details

  • Website:http://www.mitsuichem.com
  • Address: Shiodome City Center, 1-5-2 Higashi-Shimbashi, Tokyo, 105-7122, Japan
  • Phone: +81.3.6253.2225

Related Companies

  • Yoncello Sangyo Co. Ltd.
  • Utsunomiya Chemical Industry Co. Ltd.
  • Nippon Tensar Ltd.
  • Mitsui Chemicals Sun Alloys Co. Ltd.
  • Mitsui Chemicals Operation Services Co. Ltd.
  • Mitsui Chemicals MC Ltd.
  • MC Business Support Ltd.
  • Katsuzai Chemical Corp.
  • MCNS Polyurethanes Mexico S de RL de CV
  • Mitsui Chemicals Polyurethanes Malaysia Sdn. Bhd.
  • MITSUI CHEMICALS (Thailand) Co. Ltd.
  • PT Mitsui Chemicals Polyurethanes Indonesia
  • ML Tech Co. Ltd.
  • Mitsui Chemicals Korea, Inc.
  • Mitsui Chemicals Scientex Sdn. Bhd.
  • Mitsui Chemicals Business Association
  • Mitsui Prime Advanced Composites Europe BV
  • MC Investment 01 Corp.
  • Mitsui Chemicals Restricted Stock Compensation Plan
  • Acomon Srl
  • MC Albemarle Pte Ltd.
  • Foshan Mitsui Chemicals Polyurethanes Co. Ltd.
  • Mitsui Chemicals Nonwovens (Tianjin) Co., Ltd.
  • Mitsui Chemicals do Brasil Comercio Ltda.
  • Zhang Jia Gang Free Trade Zone Mitsui Link-upon Advanced Mater
  • Mitsui Chemicals (China) Co. Ltd.
  • Shanghai Sinopec Mitsui Elastomers Co. Ltd.
  • MCNS Polyurethanes Malaysia Sdn. Bhd.
  • Mitsui Chemicals Functional Composites (Shanghai) Co. Ltd.
  • SDC Technologies Asia Pacific Pte Ltd.

Competitors

  • Sumitomo Chemical Co., Ltd.
  • Hebei Cangzhou Dahua Co. Ltd. Class A
  • Lion Chemtech Co., Ltd.
  • STR Holdings, Inc.
  • DuPont de Nemours, Inc.
  • Xinxiang Richful Lube Additive Co., Ltd. Class A
  • Sewon Co., Ltd.
  • Paik Kwang Industrial Co., Ltd.
  • W-SCOPE CHUNGJU PLANT Co., Ltd.
Last Updated on 26 Jan, 2023

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