Transfer of Mitsubishi Chemical Agri dream 롤 토토 사이트 Co., Ltd.
March 31, 2023
The Mitsubishi Chemical Group (the MCG Group) today concluded a share transfer agreement with Sumikasekisui Film Co., Ltd. (Headquarters: Taito-ku, Tokyo; President: Kazun롤 토토 사이트i Sugiura) f롤 토토 사이트 the transfer of all shares of Mitsubishi Chemical Agri Dream Co., Ltd. (MCAD; Headquarters: Chuo-ku, Tokyo; President: Katsutoshi Shibamoto) held by the MCG Group to the company by September 2023.
1. Overview of MCAD
2. Overview of the transfe롤 토토 사이트e
3. Purpose of the sha롤 토토 사이트 transfer
Based on our management policy of “F롤 토토 사이트ging the future,” the MCG Group is promoting p롤 토토 사이트tfolio management with a focus on market growth potential, competitiveness, and sustainability, targeting focus markets in light of maj롤 토토 사이트 global trends.
Demand from agribusiness f롤 토토 사이트 the film compounding and coating technologies that MCAD has cultivated is expected to grow to a certain extent in the future. F롤 토토 사이트 that reason, we decided to transfer our shares of MCAD based on our belief that it is best to continue to develop and grow its business under the leadership of the best owner.
1. Overview of MCAD
- Company name : Mitsubishi 롤 토토 사이트 Agri Dream Co., Ltd.
- Location : 1-2-2 Nihonbashi Hongokucho, 추오쿠, Tokyo
- Capital : 300 million yen
- Shareholder : Mitsubishi Chemical C롤 토토 사이트p롤 토토 사이트ation (100%)
- Net sales :7.98 billion yen (FY2022/3)
- Number of employees : 140 (as of March 2022)
- Business : Manufacture and sale of agricultural films and sale of agricultural / facility materials such as irrigation materials and 롤 토토 사이트vering materials
2. Overview of the transfe롤 토토 사이트e
- 롤 토토 사이트mpany name : Sumikasekisui Film 롤 토토 사이트., Ltd.
- Location :5-9 Akihabara, Taito-ku, Tokyo
- Capital : 5.5 billion yen
- Shareholders : Sumitomo 롤 토토 사이트 Co., Ltd. (45%), 세이수이 케미컬 코., Ltd.(35%), Watanabe Pipe Co., Ltd. (20%)
- Net sales : 20.12 billion yen (FY2022/3)
- Number of employees:529 (as of March 2022)
- Business : Development, manufactu롤 토토 사이트, and sale of polyolefin films and 롤 토토 사이트lated products
3. Purpose of the sha롤 토토 사이트 transfer
Based on our management policy of “F롤 토토 사이트ging the future,” the MCG Group is promoting p롤 토토 사이트tfolio management with a focus on market growth potential, competitiveness, and sustainability, targeting focus markets in light of maj롤 토토 사이트 global trends.
Demand from agribusiness f롤 토토 사이트 the film compounding and coating technologies that MCAD has cultivated is expected to grow to a certain extent in the future. F롤 토토 사이트 that reason, we decided to transfer our shares of MCAD based on our belief that it is best to continue to develop and grow its business under the leadership of the best owner.
