Organization Restructuring Effective April 2022(PDF : 337.9KB)

2021.11.25 Mitsui Chemicals, Inc.

Organization Restructuring Effective April 2022

Mitsui Chemicals, Inc. (Tokyo: 4183; President & CEO: HASHIMOTO Osamu) hereby announces company-wide reorganization on April 1, 2022, to promote the basic company-wide strategy in the New Long-Term Business Plan "VISION 2030" (hereinafter, referred to as 2030 Long-Term Business Plan).

1. Purpose	To promote the basic company-wide strategy in 2030 Long-Term Business Plan,
	we will adjust an optimal organizational management system by reorganizing
	Business Sectors, Organizations related to new business development, and R&D Center,
	and establishing Digital Transformation Sector.
	The overall picture and details of 2030 Long-Term Business Plan are described by
	CEO Presentation held in June this year*1 and released today*2.
	Please also refer to those.

2.	Details of Organization Restructuring	Refer to Annex 1.
3.	Organization chart	Refer to Annex 2.
4.	Effective date	April 1, 2022

References

*1https://jp.mitsuichemicals.com/sites/default/files/media/document/2021/event_210602e.pdf

*2https://jp.mitsuichemicals.com/sites/default/files/media/document/2021/event_211125e.pdf

Annex １

１． Business Sectors and New Business Development related organization

（１）Life & Healthcare Solutions Business Sector

Aim of	Major changes（Establishment of new division-level organization, etc.）
Organization Restructuring
As the demand for improving "Quality of Life"	（１） Oral Care Business Division will be established to conduct business operations related to oral
and solving food problems grows, we will	care, including business management of subsidiaries and affiliates, which was handled by
expand our solutions in specific markets where	H-Project Division, and to create synergies among subsidiaries and affiliates. Consequently,
we can leverage our strengths and make them	H-Project Division will be abolished.
our primary earnings. Therefore, Health Care
Business Sector will be renamed as Life &	（２）Mitsui Chemicals Agro, Inc. will be transferred from Food & Packaging Business Sector.
Healthcare Solutions Business Sector, and the	Combining biotechnology and fine chemical technology, we will not only expand existing
related organizations will be reorganized.	business but also create new business that will lead to improved food safety.
	（３） Medical Business Development Division will be established. Conduct business development
	for full-scale entry into the medical business, including the functions of New Health Care
	Business Development Division. Consequently, New Health Care Business Development
	Division will be abolished.

1

（２）Mobility Solutions Business Sector

Aim of	Major changes（Establishment of new division-level organization, etc.）
Organization Restructuring
To expand earnings by providing solutions	（１） Compounds Administration Division will be renamed as PP Composites Division. The business
(materials, components and services)	domain of PP Composites Division will be polypropylene(PP) compounds, and the business
related to interior, exterior, electrical, and	operations of PP compounds in domestic and overseas will be consolidated.
machinery in response to CASE and
changes in the industrial structure in the	（２） Composite Materials Business Development Division will be established to create new value and
mobility field. Therefore, Mobility Business	increase business synergies in the compound and composite materials business.
Sector will be renamed as Mobility Solutions
Business Sector, and the related
organizations will be reorganized.	（３）Mobility Solutions Development Division will be established to promote the provision of solutions
	to social issues in the mobility domain.
	In accordance with (2) and (3), Solution Business Planning
	& Administration Division and New Mobility Business Development Division will be abolished.

2

（３）ICT Solutions Business Sector

Aim of	Major changes（Establishment of new division-level organization, etc.）
Organization Restructuring
ICT-related products and initiatives	（１） Performance Polymers Division will be transferred from Mobility Business Sector, and renamed
distributed across business domains will be	as Semiconductor & Optical Materials Division according to the business in which it is in charge.
integrated into ICT Solutions Business
Sector to increase efficiency and synergy	（２） Coatings & Engineering Materials Division and Mitsui Chemicals Tohcello, Inc. will be transferred
effects, and provide solutions, including	from Food & Packaging Business Sector.
services, to penetrate the ICT market and
become the third pillar of earnings.	（３） ICT Materials Business Department will be transferred from New Business Incubation Center to
Therefore, ICT Solutions Business Sector	be changed to a division-level organization. Battery Materials Department will be established
will be established, and the related	under ICT Materials Business Division to formulate and promote a company-wide business and
organizations will be reorganized.	technology strategy for battery materials.
	（４） Specialty Gases Department under Industrial Chemicals Division under Basic Materials Business
	Sector will be transferred to Semiconductor & Optical Materials Division.
	Food & Packaging Business Sector will be abolished in accordance with (2) above and the transfer of
	Mitsui Chemicals Agro, Inc. to Life & Healthcare Solutions Business Sector.

3

（４）Basic & Green Materials Business Sector

Aim of		Major changes（Establishment of new division-level organization, etc.）
Organization Restructuring
To promote structural reform of existing	（１） Industrial Chemicals Division will handle a wide range of basic chemical products, including
businesses (earnings stabilization	and	ammonia-relatedlow-carbon products, not limited to industrial chemical applications.
competitiveness enhancement) and	to
promote a circular economy and carbon	（２） Petrochemical Feedstocks Division will be renamed as Sustainable Feedstocks Division to
neutral strategy throughout the supply	contribute to a sustainable society through the stable supply of olefins and aromas and the
chain. Therefore, Basic Materials Business	promotion of conversion to bio-recycled materials.
Sector will be renamed as Basic & Green
Materials Business Sector, and the related
organizations will be reorganized.		（３） Green Sustainable Chemicals Department under Planning & Coordination Division under Basic
		Materials Business Sector will be changed to a division-level organization and renamed as Green
		Sustainable Chemicals Division to lead the transformation to a circular economy business model.
		（４） Nghi Son Project Division will be changed to a department-level organization and transferred to
		Planning & Coordination Division under Basic & Green Materials Business Sector.

4