Mitsubishi Materials

Mitsubishi Materials Corporation

Company type	Public KK
Traded as	TYO: 5711 OSE: 5711 Nikkei 225 Component
Industry	Metals
Founded	1871; 154 years ago (1871)
Founder	Yataro Iwasaki
Headquarters	Chiyoda-ku, Tokyo, Japan
Key people	Akira Takeuchi (Chairman) Naoki Ono (President)
Products	Cement Building materials Metal products Precious metals Aluminum and aluminum products Electronic materials
Services	Recycling services
Revenue	US$14.36 billion (FY 2018) (¥ 1,599 billion JPY) (FY 2018)
Net income	US$988 million (FY 2018) (¥ 110.11 billion JPY) (FY 2018)
Owner	Mitsubishi Group
Number of employees	26,959 (consolidated as of March 31, 2018)
Parent	Mitsubishi Group
Website	Official website
Footnotes / references [1][2]

Mitsubishi Materials Corporation (三菱マテリアル株式会社, Mitsubishi Materiaru Kabushiki-gaisha), or MMC, is a Japanese company. It is a manufacturer of cement products, copper and aluminum products, cemented carbide tools, and electronic materials.^[3] It is one of the core companies of Mitsubishi Group.

The company is listed on the Tokyo Stock Exchange and the Osaka Securities Exchange, and is a constituent of the Nikkei 225 stock market index.^[4]

In 2018 Mitsubishi Materials admitted that five of its subsidiaries, Mitsubishi Cable Industries Ltd., Mitsubishi Shindoh Co., Mitsubishi Aluminum Co., Tachibana Metal MFG Co. and Diamet Corp., had falsified quality data over the past three years on shipments including aluminium and automotive components. Mitsubishi Materials has started investigations at about 120 factories in its group.^[5]

Business summary

Mitsubishi Materials Corporation has eight business sections, which are:

• Cement business
  • Portland cement
  • Cement-related products
  • Ready-mix concrete
  • Building materials
• Metals business
  • Copper smelting
  • Copper and copper alloy products
• Advanced materials & tools business
  • Cemented carbide products
  • Sintered parts
  • High-performance alloy products
• Energy business
  • Fossil fuels
  • Nuclear energy-related services
• Electronic materials & components business
  • Electronic materials
  • Electronic components
  • Polycrystalline silicon
  • Chemicals
• Recycling business
  • Resource-, environment-, and recycling-related products
• Aluminum business
  • Aluminum beverage cans
  • Rolled and extruded aluminum products
  • Processed aluminum products
• Precious metals business

References

1. "Corporate Profile". Mitsubishi Materials. Retrieved September 25, 2014.
2. "Company Profile". Bloomberg L.P. Retrieved September 25, 2014.
3. "Company Profile". Bloomberg Businessweek. Archived from the original on September 25, 2014. Retrieved September 25, 2014.
4. "Components:Nikkei Stock Average". Nikkei Inc. Retrieved September 25, 2014.
5. "Falsified data scandal widens at Mitsubishi Materials". The Asahi Shimbun. 9 February 2018. Retrieved 9 February 2018.

External links

Media related to Mitsubishi Materials at Wikimedia Commons

• Company website (in English)