Mitsubishi Materials

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.

Mitsubishi Materials Corporation
TypePublic KK
TYO: 5711
OSE: 5711
Nikkei 225 Component
IndustryMetals
Founded(1871 (1871))
FounderYataro Iwasaki
Headquarters3-2, Marunouchi 3-chome, Chiyoda-ku, Tokyo 100-8117, Japan
Key people
Akira Takeuchi
(Chairman)
Naoki Ono
(President)
Products
ServicesRecycling services
Revenue US$14.36 billion (FY 2018) (¥ 1,599 billion JPY) (FY 2018)
US$988 million (FY 2018) (¥ 110.11 billion JPY) (FY 2018)
Number of employees
 26,959 (consolidated as of March 31, 2018)
WebsiteOfficial website
Footnotes / references
[1][2]

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:

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. 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.

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