MCAP Completes Acquisition of J-Film from Mitsubishi Chemical, Strengthens PMMA Materials Strategic Layout

On August 6, Zhususu Vision reported that Japan's Marunouchi Capital (hereinafter referred to as MCAP) announced that the Marunouchi Capital Fund II managed by it has reached an agreement to acquire all issued shares of J-Film Co., Ltd. held by Mitsubishi Chemical through a special purpose company. This transaction marks MCAP's further deepening of its layout in the manufacturing sector and highlights its intention to integrate the high-performance materials industry chain.

J-Film was established in 1955 and has long been dedicated to the research, development, and production of plastic films and composite materials. Its core technologies include high-precision film processing techniques and multilayer composite technology. The products are widely used in food packaging, medical consumables, and consumer electronics. As a former member of the Mitsubishi Chemical Group, J-Film has accumulated profound technological expertise in the field of materials science, especially holding an industry-leading position in functional films.

MCAP stated that it will fully inherit J-Film's technological assets and corporate culture, and promote its sustainable development by integrating Mitsubishi Group's global resources and its own corporate management experience. Following this acquisition, MCAP plans to strengthen J-Film's competitiveness in the high-end film market while expanding its international business network. It is worth noting that MCAP has previously invested in multiple manufacturing enterprises, forming a mature industry empowerment model.

This acquisition is regarded as a key initiative for MCAP to enhance its advanced materials industry chain. As a global integrated chemical enterprise, Mitsubishi Chemical Group’s product portfolio includes elastomers, carbon fiber, high-performance plastics, and strategic materials such as polymethyl methacrylate (PMMA). PMMA (commonly known as acrylic glass) is widely used in optical displays, automotive lightweighting, and architectural decoration due to its excellent light transmittance, weather resistance, and processability. By acquiring a controlling stake in J-Film, MCAP is expected to deeply integrate Mitsubishi Chemical’s technological resources in high-performance resins like PMMA, thereby strengthening the synergy across the entire industry chain from raw materials to end applications.

MCAP emphasizes that this acquisition reflects its confidence in the transformation and upgrading of Japanese manufacturing. In the future, MCAP will continue to focus on innovation opportunities in the manufacturing sector, assisting invested companies in enhancing their technological barriers and market share through capital injection and strategic synergy. As global demand for high-performance materials grows, MCAP’s deployment in PMMA and other specialty engineering plastics may become a key leverage point for building its differentiated competitive advantage.