- Business
- Mitsubishi Materials Corporation (5711.T), a core company of the Mitsubishi Group founded in 1950 and headquartered in Tokyo, Japan, manufactures nonferrous metals, advanced materials, cement products, and electronic components; its core products and services encompass copper smelting and copper alloy products such as high-strength alloys MSP™5-ESH and MZC1 for terminals and connectors, cemented carbide tools and metalworking solutions including turning inserts, drills, and reamers, electronic materials like polycrystalline silicon and insulated substrates for power modules, aluminum rolled and extruded products including beverage cans, Portland cement and ready-mixed concrete, energy-related services in fossil fuels and nuclear applications, recycling technologies for precious metals and waste materials, and automotive components such as engine parts, drive system materials, and seals. The company operates globally with production bases in Japan, Thailand, Europe, and North America, serving industries including automotive, semiconductors, construction, and general manufacturing. Recent developments include the development of new high-strength copper alloy MSP™5-ESH in September 2025 to replace beryllium and titanium copper, strategic scaling down of copper concentrate processing at the Onahama Smelter in August 2025 to boost recycled raw material ratios, integration of Western Japan copper production bases in August 2025 for enhanced efficiency, acquisition of U.F.P. s.r.l. in Italy in April 2025 to strengthen European reconditioning capabilities, completion of the sale of interests in Canada's Copper Mountain Mine in May 2025, strengthened strategic partnership with Pegasus Tech Ventures in July 2025, launch of a new branding strategy for its metalworking solutions business in July 2025, and revision of greenhouse gas emission reduction targets in September 2025 aiming for fiscal years ending March 2036 and 2041.