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Mitsubishi Chemical Expands in Australia with Coregas Acquisition

Story Highlights
  • Mitsubishi Chemical operates in the chemical industry with a global market presence.
  • MCG acquired Coregas Pty Ltd, boosting its industrial gas market position in Australia.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mitsubishi Chemical Expands in Australia with Coregas Acquisition

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Mitsubishi Chemical Holdings ( (JP:4188) ) has issued an announcement.

Mitsubishi Chemical Group Corporation announced a change in its specified subsidiary status following the acquisition of Coregas Pty Ltd, an industrial gas company in Australia, through its subsidiary Nippon Sanso Holdings Corporation. This acquisition, completed on July 1, 2025, strengthens MCG’s position in the industrial gas market in Australia and New Zealand, potentially enhancing its operational capabilities and market reach in the region.

The most recent analyst rating on (JP:4188) stock is a Hold with a Yen903.00 price target. To see the full list of analyst forecasts on Mitsubishi Chemical Holdings stock, see the JP:4188 Stock Forecast page.

More about Mitsubishi Chemical Holdings

Mitsubishi Chemical Group Corporation operates in the chemical industry, focusing on manufacturing and selling a wide range of chemical products. The company is listed on the Prime Market of the Tokyo Stock Exchange and has a significant presence in the global market.

Average Trading Volume: 7,155,745

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen1249.7B

Find detailed analytics on 4188 stock on TipRanks’ Stock Analysis page.

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