News Release

News Release
Press Release
Company Information

Notice regarding company split of a Toyobo Group company involving the spin-off of resin business

 Toyobo Co., Ltd. has decided to carry out a company split involving Toyobo STC Co., Ltd. (“Toyobo STC”, hereafter), a Toyobo Group company, to further expand its resin sales. Toyobo STC’s functional plastic products business will be spun off and transferred to another Group company, TOYOBO MC Corporation (“TOYOBO MC”, hereafter), as follows. The split will take effect on October 1, 2025.

Press Release(Announcement from Toyobo)

Note

1.Outline of the company split
 (1) Effective date: October 1, 2025
 (2) About business transfer

  ・The functional plastic products business of Toyobo STC, a wholly owned subsidiary of Toyobo Co., Ltd., will be spun off and transferred to TOYOBO MC,

   in which Toyobo Co., Ltd. and Mitsubishi Corporation hold stakes of 51% and 49%, respectively.

  ・TOYOBO MC will take over the functional plastic products business effective October 1, 2025.

  ・After the company split, Toyobo STC will continue its film business as a trading company within the Toyobo Group.

2.Purposes

  ・Integrating certain businesses of Group companies with the aim of enhancing the earning power and asset efficiency of the entire Group.

  ・Strengthening sales capability to propose new products to a broader range of markets by transferring Toyobo STC’s functional plastic products

   business to TOYOBO MC for business integration, enabling TOYOBO MC to convert product appeal into expanded sales.

  ・Building a system that continuously delivers optimal products and services by improving business efficiency through greater sharing and

   internalization of domestic and international transaction-related operations and assets.

  ・Deepening collaboration between Toyobo STC and the film division of Toyobo Co, Ltd. to develop Toyobo STC’s own business domain.

3.Outline of split and successor companies

Split companySucceeding company
Company nameToyobo STC Co., Ltd.TOYOBO MC Corporation
Business description*Planning and sales in film businessPlanning, developing, manufacturing and selling products related functional materials
Address1-13-1, Umeda, Kita-ku, OsakaOsaka Umeda Twin Towers South, 1-13-1, Umeda, Kita-ku, Osaka
RepresentativeYuji OkudaChikao Morishige
Date of establishmentApril 1, 2008September 5, 2022
Capital stock390 million yen15,100 million yen
*The above business descriptions refer to operations following the company split.

(End)

  The information presented in this news release is accurate as of the date of its announcement.Please be advised that the content may be subject to change without prior notice following the release date.

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