Tranche Update on Mitsui Chemicals, Inc.'s Equity Buyback Plan announced on November 1, 2018.
January 08, 2019 at 01:00 am
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From November 1, 2018 to December 31, 2018, the company has repurchased 3,522,200 shares, representing 1.77% for ¥9,628.34 million. With this, the company has completed the repurchase of 3,522,200 shares, representing 1.77% for ¥9,628.34 million under the buyback announced on November 1, 2018.
Mitsui Chemicals, Inc. specializes in the manufacture and marketing of chemicals products. Net sales break down by product family as follows:
- basic chemicals and fine chemicals products (48.8%): polypropylene, polyethylene, phenols, polyolefins, polyurethane, etc.;
- performance chemicals products (25.5%): elastomers, urethane, polymers, etc. intended in particular for the automotive industry;
- coating materials, films and agrochemicals (14.6%): resins, adhesives, polypropylene films, polyethylene films, industrial films, agrochemicals (insecticides, fungicides, herbicides, etc.) for the food and packaging sectors;
- specialty materials (10.2%): ophthalmic lens materials, photochromic materials, non-woven fibers, dental products, etc. dedicated to the medical and healthcare industry;
- other (0.9%).
Net sales are distributed geographically as follows: Japan (52.2%), China (14.5%), Asia (13.6%), America (11.8%), Europe (7.3%) and other (0.6%).
MITSUI CHEMICALS, INC. 
