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    4183   JP3888300005

MITSUI CHEMICALS, INC.

(4183)
  Report
Delayed Japan Exchange  -  02:00 2022-09-28 am EDT
2866.00 JPY   -0.93%
09/15Mitsui Chemicals : Announcement of personnel changes
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09/13Mitsui Chemicals showcases at FIND-DESIGN FAIR ASIA in Singapore new glass film, posica™ that improves view experience
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09/13Mitsui Chemicals Showcases at FIND-DESIGN FAIR ASIA in Singapore New Glass Film, Posica
CI
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Mitsui Chemicals : Launched New Lens Material "UV+420cutTM"

10/26/2014 | 09:01pm EDT

Mitsui Chemicals, Inc. (TOKYO:4183) (President & CEO: Tsutomu Tannowa) announced that it commenced sales of a new breakthrough ophthalmic lens material that helps protect eyes from not only ultraviolet (10-400nm) light rays but also 400nm-420nm wavelength light.

Our eyes are constantly damaged by sunlight exposure and therefore it is important to protect eyes from UV exposure. Recent studies have shown, however, that shorter wavelength light from 400nm-420nm also damages the retina, which is the most vulnerable tissue of the eye, and this can be one of the factors which accelerates the development of Age-related Macular Degeneration (AMD) and cataracts. Although many conventional sunglasses, in addition to protecting from UV rays, provide protection from shorter wavelength light, general vision correction lenses do not. Mitsui Chemicals’ newly debuted lens material, "UV+420cutTM", helps protect eyes from damaging short wavelength light.

This technology is used in the new "LUTINA®" lenses of Tokai Optical Co., Ltd.

Mitsui Chemicals provides performance-driven lens materials ranging from high to low refractive indices as well as optimum coating materials for lenses to meet diversifying global market needs. It will continue to develop groundbreaking, value-added vision care materials.


© Business Wire 2014
All news about MITSUI CHEMICALS, INC.
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Financials
Sales 2023 2 061 B 14 230 M 14 230 M
Net income 2023 94 810 M 655 M 655 M
Net Debt 2023 579 B 3 999 M 3 999 M
P/E ratio 2023 5,89x
Yield 2023 4,15%
Capitalization 559 B 3 862 M 3 862 M
EV / Sales 2023 0,55x
EV / Sales 2024 0,54x
Nbr of Employees 18 780
Free-Float 87,5%
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Technical analysis trends MITSUI CHEMICALS, INC.
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 10
Last Close Price 2 893,00 JPY
Average target price 3 955,56 JPY
Spread / Average Target 36,7%
EPS Revisions
Managers and Directors
Osamu Hashimoto Executive President, CEO & Representative Director
Tsutomu Tannowa Managing Executive Officer
Yukiko Kuroda Independent Outside Director
Yukiko Yoshimaru Independent Outside Director
Masaharu Kubo Managing Executive Officer
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