巨头撤离！三菱化学宣布，全面退出焦炭及碳素业务！

Core Viewpoint - Mitsubishi Chemical Group (MCG) has announced a significant decision to completely exit the coke and carbon materials business, including needle coke and pitch coke, due to ongoing global supply surplus and weak demand in the market [1][5][11]. Group 1: Business Exit Details - The exit from the coke and carbon materials business is expected to incur a one-time loss of approximately 85 billion yen (around 4 billion RMB) [2][11]. - The business involved approximately 600 employees as of February 2, 2026 [17]. - The production termination is planned for the second half of the fiscal year 2027, with sales gradually ceasing thereafter [6][16]. Group 2: Market Conditions - The decision is influenced by overcapacity in China and the commissioning of large new production lines in Indonesia, leading to a persistent oversupply in the global coke market [5][15]. - Despite efforts to improve profitability and enhance coke quality, MCG sees no prospects for resolving these structural issues, making long-term growth targets unattainable [5][15]. - The carbon materials sector is also affected by the oversupply and weak demand, with the production system relying on coke oven operations, meaning the cessation of coke production will directly impact the cost structure of carbon materials [5][15]. Group 3: Financial Performance - The sales revenue for the coke and carbon materials business was recorded at 115.79 billion yen for the fiscal year ending March 2025 [13][21].