Mitsubishi Chemical answers pre-submitted shareholder questions ahead of annual meeting

• Mitsubishi Chemical published shareholder Q&A for its 21st ordinary meeting, flagging supply risk from the de facto closure of the Strait of Hormuz.
• Naphtha sourcing to shift further outside the Middle East to diversify procurement; higher feedstock costs targeted for pass-through via product pricing.
• Petrochemicals restructuring to deepen via partnerships; basic deal with Asahi Kasei, Mitsui Chemicals to close the Okayama ethylene unit around 2030.
• Production to be consolidated at Mitsui Chemicals’ Osaka ethylene facility; a petrochemicals spinoff is under consideration during FY2027.
• FY2026 chemicals goal set at JPY 100 billion core operating income; profitability focus on chemicals while industrial gases seen as steady.

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