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Inauguration of Mitsubishi Chemical Holdings Corporation.


TOKYO -- Mitsubishi Chemical Corporation Mitsubishi Chemical Corporation (三菱化学株式会社   ("MCC (The Microelectronics and Computer Technology Corporation, Austin, TX) The first high-tech research and development consortium in the U.S., created in 1982 by leading companies within the electronics industry. ") (Head office: Minato-ku, Tokyo; President: Ryuichi Tomizawa), and Mitsubishi Pharma Mitsubishi Pharma Corporation (三菱ウェルファーマ株式会社   Corporation ("MPC (1) (Mobile PC) A handheld or laptop computer. See handheld computer, laptop computer and Ultra-Mobile PC.

(2) (MultiPath Channel) See multipath.
") (Head office: Chuo-ku, Osaka Osaka (ō`säkä), city (1990 pop. 2,623,801), capital of Osaka prefecture, S Honshu, Japan, on Osaka Bay, at the mouth of the Yodo River. ; President: Takeshi Takeshi (which might be written in several ways, such as 武, 毅, 猛, or 健史, katakana:タケシ; hiragana: たけし) is a Japanese given name.  Komine) jointly have established a holding company, Mitsubishi Chemical Holdings Mitsubishi Chemical Holdings Corporation (株式会社三菱ケミカルホールディングス  Corporation ("MCHC MCHC mean corpuscular hemoglobin concentration.

MCHC
abbr.
mean cell hemoglobin concentration


Mean corpuscular hemoglobin concentration (MCHC) 
") on October October: see month.  3, 2005, by a stock-for-stock exchange. With the establishment of MCHC, MCC and MPC have become the wholly owned subsidiaries Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of MCHC, and both have started the operations as core business companies of the MCHC Group today.

The MCHC Group consists of MCC and MPC including both Group companies. As the holding company, MCHC will further develop and enhance its Group portfolio management, to increase the Group value and accelerate strengthening of the pharmaceutical business, as well as expedite ex·pe·dite  
tr.v. ex·pe·dit·ed, ex·pe·dit·ing, ex·pe·dites
1. To speed up the progress of; accelerate.

2.
 business restructuring restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics).  and alliances.
Profile of MCHC


1) Company name:               Mitsubishi Chemical Holdings
                                Corporation

2) Group name:                 Mitsubishi Chemical Holdings Group

3) Incorporation date:         October 3, 2005

4) Head office:                33-8 Shiba 5-chome, Minato-ku, Tokyo
                               108-0014

5) President:                  Ryuichi Tomizawa

6) Capital:                    50 billion yen

7) Outstanding shares          a) Type of shares: Common share
                               b) Number of shares: 1,806,288,107
                               c) Unit shares: 500

8) Fiscal year end:            March 31

9) Listings:                   Tokyo Stock Exchange
                               Osaka Securities Exchange
                               (Securities code: 4188)

10) Directors and Officers     Please see Reference 1.

11) Organization:              Please see Reference 2.

12) Expected net sales:        2,380 billion yen
    (Consolidated)

13) Group companies:           About 370

14) Employees:                 a) MCHC: 62*
                                  *All employees are on loan from MCC
                                   and MPC.
                               b) MCHC Group: 33,261


                                                           Reference 1

List of Directors and Officers

                                                 As of October 3, 2005


Representative Director,      Ryuichi Tomizawa
Member of the Board,
President
----------------------------- ------------------- --------------------
Representative Director,      Yosuke Yamada       Chief Compliance
Member of the Board,                               Officer
Senior Managing Executive                         Presidential
 Officer                                           Assistant
                                                  Supervising -
                                                   Administration,
                                                  Human Resources,
                                                   Public Relations,
                                                   CSR, and Internal
                                                   Audit
----------------------------- ------------------- --------------------
Representative Director,      Takeshi Komine
Member of the Board
----------------------------- ------------------- --------------------
Member of the Board,          Ryuichi Sato        Supervising -
Managing Executive Officer                         Corporate Strategy
----------------------------- ------------------- --------------------
Member of the Board,          Hisashi Ishikawa    Supervising -
Managing Executive Officer                         Corporate
                                                  Management, Investor
                                                   Relations
----------------------------- ------------------- --------------------
Member of the Board           Masaoki Funada
----------------------------- ------------------- --------------------
Member of the Board           Yoshiyuki Maekawa
----------------------------- ------------------- --------------------
Member of the Board           Kunihiko Shimojuku
----------------------------- ------------------- --------------------
Managing Executive Officer    Kiyoshi Nakayama    Supervising - Health
                                                   Care Strategy
----------------------------- ------------------- --------------------
Executive Officer             Kenichi Uno         General Manager,
                                                   Corporate Strategy
                                                   Office
----------------------------- ------------------- --------------------
Executive Officer             Noboru Tsuda        General Manager,
                                                   Internal Audit
                                                   Office
----------------------------- ------------------- --------------------
Executive Officer             Shigeyoshi Murase   Deputy General
                                                   Manager, Corporate
                                                   Management Office
----------------------------- ------------------- --------------------
Executive Officer             Shotaro Yoshimura   General Manager,
                                                   Corporate
                                                   Management Office
----------------------------- ------------------- --------------------
Corporate Auditor (full-time) Hideaki Yoshida
----------------------------- ------------------- --------------------
Corporate Auditor (full-time) Yoshikazu Takagaki*
----------------------------- ------------------- --------------------
Corporate Auditor             Takayasu Kishi
----------------------------- ------------------- --------------------
Corporate Auditor             Hiroyasu Sugihara*
----------------------------- ------------------- --------------------
Corporate Auditor             Somitsu Takehara*
----------------------------- ------------------- --------------------

*Outside Corporate Auditor
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Publication:Business Wire
Geographic Code:9JAPA
Date:Oct 4, 2005
Words:417
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