Notice regarding company split of a Toyobo Group company involving the spin-off of resin business

　Toyobo Co., Ltd. has decided to carry out a company split involving Toyobo STC Co., Ltd. (“Toyobo STC”, hereafter), a Toyobo Group company, to further expand its resin sales. Toyobo STC’s functional plastic products business will be spun off and transferred to another Group company, TOYOBO MC Corporation (“TOYOBO MC”, hereafter), as follows. The split will take effect on October 1, 2025.

 

Note

 

１．Outline of the company split

（１）	Effective date: October 1, 2025
（２）	About business transfer
-	The functional plastic products business of Toyobo STC, a wholly owned subsidiary of Toyobo Co., Ltd., will be spun off and transferred to TOYOBO MC, in which Toyobo Co., Ltd. and Mitsubishi Corporation hold stakes of 51% and 49%, respectively.
-	TOYOBO MC will take over the functional plastic products business effective October 1, 2025.
-	After the company split, Toyobo STC will continue its film business as a trading company within the Toyobo Group.

 

２．Purposes

-	Integrating certain businesses of Group companies with the aim of enhancing the earning power and asset efficiency of the entire Group.
-	Strengthening sales capability to propose new products to a broader range of markets by transferring Toyobo STC’s functional plastic products business to TOYOBO MC for business integration, enabling TOYOBO MC to convert product appeal into expanded sales.
-	Building a system that continuously delivers optimal products and services by improving business efficiency through greater sharing and internalization of domestic and international transaction-related operations and assets.
-	Deepening collaboration between Toyobo STC and the film division of Toyobo Co, Ltd. to develop Toyobo STC’s own business domain.

 

３．Outline of split and successor companies

 

*	The above business descriptions refer to operations following the company split.

(End)

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