Mitsubishi Chemical HoldingsTHE KAITEKI COMPANY

Approach to Innovation

The MCHC Group understands “innovation” to mean the provision and realization of comprehensive solutions such as new value chains and life models that did not exist previously. Moreover, we go beyond R&D of components and materials, and aim for the creation of new innovations, where we take into account wide perspectives from the manufacturing process, distribution channels, up to the proposal of new uses and applications through the following two initiatives.

Strengthening our In-house Technologies

The MCHC Group sells tens of thousands of products ranging from basic materials to consumer products, applying its proprietary technologies and expertise in each field. R&D and manufacturing departments are managed with the goal of improving the value and competitiveness of our technologies. The procurement, logistics, sales and other departments are building up know-how in their operations and driving innovation in work practices. By crossing the barriers between Group companies, we are accelerating the creation of synergies in technologies and expertise among Group companies.

Open Innovation

The R&D departments actively invest in and collaborate with the universities, public institutions, and venture companies that are working on research themes in line with the aims of the corporate activities of the MCHC Group. We are aiming to create and accelerate innovation through the synergies of the technologies and know-how that the MCHC Group and these outside organizations possess. The MCHC Group also actively participates in national projects to hasten R&D. Moreover, the MCHC Group seeks to fully apply Group technologies and expertise in production and sales in order to provide optimal products and services in a timely fashion in accordance with the needs of markets and society. We believe it is essential to vigorously collaborate with our partners possessing advanced technologies, efficient production systems and sales networks. We consequently utilize OSB*, our own business framework for rapidly developing and commercializing products and services that cannot be easily imitated by others.
*OSB (Open Shared Business) is the original framework of MCHC for working with organizations outside the Group. We promote collaboration in both R&D and business and build a distinctive value chain by using the OSB framework.
OSB: MCHC registered trademark No. 5585432

Seeking out the Latest Cutting-edge Technology

In April 2017 the Emerging Technology & Business Development Office was established, with a Chief Innovation Officer (CIO) appointed to serve as a general manager and a Chief Digital Officer (CDO) assigned responsibility for AI and IoT projects. Under their leadership, the Office seeks to acquire core AI and IoT technologies in order to suitably meet the need for new materials and functional products arising from the emergence of a market for products utilizing new ICT and IoT technologies likely to be created as industrial structure undergoes anticipated changes resulting from the acceleration of technological innovation, the advent of a data-driven economy, and the practical utilization of AI. The Office will employ AI and IoT technologies to automate process control, product quality inspections, and analyses, will develop new materials and pharmaceuticals, and will improve the efficiency of production systems in which humans and robots work together as one, all with the aim of attaining and maintaining competitiveness and addressing emerging risks related to changing market needs in the age when new ICT and IoT technologies will be established in practice.