# Mitsubishi Chemical transfers synthetic resin emulsion business to Konishi

Mitsubishi Chemical Corporation has concluded a stock transfer agreement with Konishi Co., Ltd. to transfer the synthetic resin emulsion business of its subsidiary Japan Coating Resin Corporation and its own acrylic emulsion business. The agreement was effective February 17, 2026.

- Type: Acquisition
- Announced: 2026-02-17
- Where: Japan
- Status: completed
- Products: synthetic resin emulsions, acrylic emulsions
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Mitsubishi Chemical Corporation](https://endata.com/companies/5545.md) (partner)
- [Japan Coating Resin Corporation](https://endata.com/companies/52770.md) (partner)
- [Japan Coating Resin Corporation](https://endata.com/companies/52770.md) (target)
- [Konishi](https://endata.com/companies/90385.md) (acquirer)

## Sources

- [mitsubishichem-hd.co.jp](https://www.mitsubishichem-hd.co.jp/english/news_release/02562.html), 2026-02-17: "The Company, which has been reforming its business portfolio based on its Medium-Term Management Plan 2029, is seeking to ensure sustainable growth and a stronger competitive edge for JCR’s synthetic resin emulsion business and the Company’s acrylic emulsion business, and therefore decided that the "
- [european-coatings.com](https://www.european-coatings.com/news/markets-companies/mitsubishi-chemical-to-sell-acrylic-emulsion-business-to-konishi/), 2026-03-03: "Mitsubishi Chemical Corporation (MCC) has confirmed the transfer of its acrylic emulsion business and the synthetic resin emulsion operations of its subsidiary, Japan Coating Resin Corporation (JCR), to Konishi."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.