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MarketScreener Homepage  >  Equities  >  Tokyo  >  Mitsui Chemicals, Inc.    4183   JP3888300005

MITSUI CHEMICALS, INC.

(4183)
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Mitsui Chemicals : Cosponsors the Japanese Championship of FIRST LEGO League 2018-2019

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02/11/2019 | 11:40pm EDT

2019.02.12

Mitsui Chemicals, Inc.

Mitsui Chemicals, Inc. (Tokyo: 4183; President & CEO: Tsutomu Tannowa) cosponsored the Japanese championship of 'FIRST LEGO League 2018-2019 (FLL 2018-2019),'*1 the world's largest robotics competition, and made a booth exhibition at the championship held on February 11.

Mitsui Chemicals cosponsored it a second time because we support FLL's idea of 'providing children with an opportunity to experience the excitement of solving issues in the real world while applying STEM concepts and Active Learning.

Following the FLL 2018 theme of INTO ORBIT, Mitsui Chemicals ran a booth exhibiting solar cell encapsulants that is manufactured by Mitsui Chemicals Tohcello, Inc. and used as a material in solar batteries for manmade satellites. The booth also served to showcase panels that similarly see use in solar batteries.

In addition, Mitsui Chemicals ran activities as part of its Laboratory Classes on the Wonders of Chemistry*2 program, this time conducting an endothermic reaction experiment with urea, that attracted many children to the booth. In having these children learn about the structures capable of converting light to energy, as well as the principles of how substances release and absorb heat when melting into water, Mitsui Chemicals hopes that the day will have served to pique their interest in science further.

Mitsui Chemicals will actively promote business development for a wide range of robot materials. Mitsui Chemicals will also continue to engage in various activities to realize its hope for raising the interest of young people and children in the next generation in science and helping them become human resources that will support science and technology in the future.

*1FIRST LEGO League

*2Laboratory Classes on the Wonders of Chemistry

Disclaimer

Mitsui Chemicals Inc. published this content on 12 February 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 February 2019 04:39:01 UTC

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Financials (JPY)
Sales 2019 1 488 B
EBIT 2019 -
Net income 2019 79 496 M
Debt 2019 387 B
Yield 2019 3,55%
P/E ratio 2019 6,96
P/E ratio 2020 7,04
EV / Sales 2019 0,65x
EV / Sales 2020 0,63x
Capitalization 576 B
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Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 3 294  JPY
Spread / Average Target 17%
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Managers
NameTitle
Tsutomu Tannowa Executive President, CEO & Representative Director
Masaharu Kubo CFO, Director, Head-Accounting & Legal Affairs
Hideki Matsuo Representative Director & Chief Technology Officer
Shigeru Isayama Director & Executive Officer
Yukiko Kuroda Independent Outside Director
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