Mitsubishi Materials Corporation operates as a diversified materials company in Japan. The company’s activities cover a range, from the manufacture of basic materials to fabricated products and new materials with various features, and further to the provision of systems and engineering services. The company comprises 221 subsidiaries and affiliates in 25 countries. Segments Cement segment Mitsubishi Materials’ Cement business is active in the Pacific Rim countries, especially Japan, the United States, China, and Southeast Asia. The joint venture Ube-Mitsubishi Cement Corp., in cooperation with Ube Industries Ltd., sells the company’s products in Japan. Its Kyushu Plant ships cement both at home and abroad. MCC Development Corp., a consolidated subsidiary, acquired an additional 36.7% equity in California based Robertson’s Ready Mix, Ltd., a maker and marketer of ready-mix concrete and construction aggregate, for a 70% equity stake, as of March 31, 2008. Metals segment The company’s Metals business encompasses investments in copper mines, copper smelting, and the production of processed copper products. It has investments in four copper mines overseas. The company’s two domestic copper smelters produce a combined total of 340 thousand metric tons of copper cathode annually. Its Indonesian smelter has a maximum output of 270 thousand metric tons. The company sells approximately 80% of the copper cathode made in Japan as processed copper to Group electric wire and rolled copper makers, and to other manufacturers in Japan and overseas. Advanced Materials & Tools segment This business segment covers cemented carbide products for metal-cutting machine tools, core parts for automobiles and electrical products, high-performance materials that deliver resistance to heat, corrosion and wear for use in various industries, and also diamond tools. Japan New Metals Co., Ltd., a consolidated subsidiary, is a domestic manufacturer that engages in refining tungsten ore and turns it into tungsten carbide, the material used to make cemented carbide products. The company also collects used cemented carbide products and processes them for reuse as the raw materials for new tools. Electronic Materials & Components segment This segment specializes in advanced materials, electronic components and silicon, and mainly serves makers of semiconductor devices and telecommunications equipment. Advanced materials include sputtering targets for recording media, fine materials for semiconductor assembly and chemical products. The electronic components business handles chip thermistors used in the battery packages of such products as cellular telephones. The silicon business produces and sells polycrystalline silicon, mainly for silicon wafer manufacturers. Aluminum segment The Aluminum business centers on subsidiaries Universal Can Co., Ltd., and Mitsubishi Aluminum Co., Ltd., which makes extruded aluminum. Products include proprietary bottle-shaped aluminum cans, and rolled and extruded products for automotive applications. Others segment The Others segment encompasses energy, precious metals, recycling and the environment, and real estate operations. History Mitsubishi Materials Corporation was founded in 1871.
mitsubishi materials corp (5711:Tokyo)
3-2, Otemachi 1-chome
|Aurubis AG||€40.52 EUR||+0.55|
|KGHM Polska Miedz SA||135.40 PLN||+2.35|
|Sumitomo Metal Mining Co Ltd||¥1,630 JPY||+0.50|
|Tongling Nonferrous Metals Group Co Ltd||CNY11.08 CNY||+0.06|
|Umicore SA||€36.48 EUR||+0.43|
|View Industry Companies|
Sponsored Financial Commentaries
To contact MITSUBISHI MATERIALS CORP, please visit www.mmc.co.jp. Company data is provided by Capital IQ. Please use this form to report any data issues.