-- Mitsui & Co., Ltd. ("Mitsui", Head Office: Tokyo, President and CEO: Kenichi Hori) announces that it has completed the transfer of its shares in Soda Aromatic Co., Ltd. ("Soda Aromatic", Head Office: Tokyo, President and CEO: Masashi Kato), a company engaged in the production and sales of a wide range of flavors, fragrances, and related products, as originally announced on May 29, 2026.
Under this transaction, Mitsui sold its 34% shareholding in Soda Aromatic to Samyang Corporation Japan, Inc., a subsidiary of Samyang Corporation. The transaction was conducted jointly with Toray Industries, Inc. ("Toray", Head Office: Tokyo, President and CEO: Mitsuo Ohya), which holds a 66% shareholding in Soda Aromatic.
This transaction was executed as part of Mitsui's business portfolio restructuring, aiming to accelerate the shift toward a more scalable and high-growth global market.
As a result of this transaction, Mitsui expects to record approximately JPY 6.5 billion in profit of the year (after tax) on a consolidated basis in the second quarter of the fiscal year ending March 31, 2027. This impact has already been incorporated into Mitsui's consolidated earnings forecast for the fiscal year ending March 31, 2027, announced on May 1, 2026.
Under the Medium-term Management Plan 2029, Mitsui has identified an advanced Wellness Ecosystem Creation as one of Mitsui's Key Strategic Initiatives and will continue to strengthen its food science business to respond to the diversification of consumer values and achieve the improvement of quality of life. Mitsui remains committed to helping people lead better quality of life by promoting health and well-being through our contributions to preventive care.
1. Overview of the Transaction
Company Profile
Information For inquiries on this matter, please contact
Mitsui & Co., Ltd.
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Release ID: 89196683
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