Innovation Strategy
Accelerating growth by combining in-house R&D with open innovation
At the Mitsubishi Chemical Group, a strong R&D capability is our cornerstone, but we define innovation much more broadly than this. We promote innovation by strategically combining in-house R&D with open innovation, including collaboration with academia, startup companies, corporate partners, and government agencies.
We emphasize four key points to further enhance the quality and speed of our innovation.
Guiding principles for innovation
End-Market Focus |
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New Digital Capabilities |
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More Efficient Processes |
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New Business Fields |
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Strategic partnerships with startups around the world to accelerate innovation
The MCG Group creates opportunities for group-wide business growth through strategic investments and partnerships with promising startup companies worldwide.
Overview of collaboration with startups receiving Group investment
Startup company | Specialty | Collaboration | Exit |
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![]() AddiFab ApS |
Agile manufacturing solution combining additive manufacturing and injection molding for specialty products | Joint development of additive materials | Acquired by Nexa3D |
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Plant-based proteins and products as a substitute for traditional food products | Development of alternative protein ingredients | |
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Holographic waveguide display technology for next-generation Augmented Reality/Virtual Reality devices | Development of plastic waveguides for AR/VR devices | |
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5G radio frequency communication technology leveraging gallium-nitride semiconductors for energy and spectrum efficiency | Development of applications for gallium-nitride substrates in 5G communications networks | |
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Continuous monitoring and optimization of industrial and laboratory systems | R&D efficiency and continuous process improvement | Acquired by Yokogawa Electric |
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Water-soluble and biodegradable bio-derived polymer raw material substitute for film and plastic applications | Development of green materials for customer needs | |
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Plant-based sustainable composites and materials to replace wood in automotive and industrial applications | Development of bio-based composite solutions | |
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Custom-made, serum-free cell culture media for pharmaceutical, regenerative medicine, and food applications | Material development for cell culture-related markets | |
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Koji-based food products as a substitute for traditional meat products | Development of alternative protein ingredients and geographic expansion |
Leveraging our technology advantage in key focus markets
We have developed our technology portfolio over many decades, and the resulting intellectual capital is a principal driving force of our Company.
As part of our transformation into a world-leading enterprise supplying specialty materials and solutions, the MCG Group will concentrate its technical strengths in
relevant areas.
In addition to these technology platforms that embody our long-term competitive advantage, we will build on existing products and technologies, creating new innovations to strengthen our presence in each of our focus markets.
MCG Group technologies and products matched to focus markets
EV/Mobility |
Digital |
Food |
Medical |
Building/ Infrastructure |
Consumer Goods |
Industrial |
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Key Trends |
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MCG Group Products and Technologies |
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