News

Mitsubishi Materials Corporation has been selected as "Noteworthy Digital Transformation (DX) Companies" for three consecutive years in the "DX Stocks 2025" jointly organized by the Ministry of Economy, Trade and Industry (METI), the Tokyo Stock Exchange (TSE), and the Information-technology Promotion Agency, Japan (IPA).

The "DX Stocks" program selects leading companies listed on the TSE that have created internal frameworks to promote DX aimed at enhancing corporate value and have demonstrated excellence in digital utilization. The program seeks to widely disseminate the targeted corporate model, promote management awareness reform, and further advance DX by receiving evaluations from a diverse range of stakeholders.

This year, 31 companies have been recognized as "DX Stocks 2025" (including 2 companies as "DX Grand Prix Companies"), 19 companies as "Noteworthy DX Companies," and 1 company as "DX Platinum Company 2025-2027." These companies are committed not only to adopting superior information systems and leveraging data but also to actively pursuing transformations in their business models and management driven by digital technologies.

To establish a foundation for winning in the global competition, we have been promoting our digital strategy, "MMDX: Mitsubishi Materials Digital Business Transformation," since 2020. MMDX is positioned as one of the management reforms, focusing on enhancing "business added-value," "business operation competitiveness," and "management speed" as important perspectives through the utilization of data and digital technologies. Furthermore, MMDX has evolved into MMDX2.0, which is restructured into five areas: "Business-related DX," "Manufacturing-related DX," and "R&D DX" (three pillars), combined with "Company-wide DX" and "Renewing key operation," with the aim of strengthening manufacturing, enhancing the execution system, and revitalizing bottom-up activities.

About Our DX Initiatives

●MEX (Mitsubishi Materials E-Scrap EXchange): E-Scrap Business Platform

Discarded circuit boards of electronic devices containing high concentrations of valuable metals are called E-Scrap and are attracting attention as a new source of raw materials for smelting (urban mines). E-Scrap Business Platform "MEX" is the first in the industry to provide transaction information online from delivery reservations to purchasing price confirmations, achieving greater transparency and convenience of transactions. Since its launch, it has been utilized by many recyclers and trading companies, and we are working on expanding its features to further enhance convenience.

●Tool Assistant: Optimal Tool Selection Service

Selecting tools for metal cutting requires expertise and experience, and often requires inquiries from manufacturers and dealers, which can take time. In addition, the use of inappropriate tools can affect machining accuracy. This service makes it possible to select the most appropriate tool on the web in a short time, contributing to the reduction of customer workload and improvement of productivity.

Key Evaluation Points for Selection as "Noteworthy DX Companies"

• DX is positioned as one of the themes of management reform to realize the management vision, and DX is further promoted by drawing a roadmap with five pillars.
• The management vision clearly identifies the declining supply of copper, a primary raw material for the core business, as a risk, and aims for corporate growth by "circulating resources."
• The company has a clear path to achieve the management vision by changing trading practices through digital transformation technology such as "MEX" E-Scrap Business Platform.

Our Group has set out "For people, society and the earth, circulating resources for a sustainable future" as Our Commitment. We will continue to promote transformation through the DX Strategy and implement various initiatives to realize Our Commitment.

[Related Information]

Mitsubishi Materials Corporation Website
URL: https://www.mmc.co.jp/corporate/en/

Owned Media Website
URL: https://withmaterials.mmc.co.jp/en/

E-Scrap Platform "MEX" Website
URL: https://lp.mex-mmc.com/en

Tool Selection Service "Tool Assistant" Website
URL: https://www.mmc-carbide.com/en_jp/ta

Press Release on October 31, 2024
Launch of "Tool Assistant" Service to Suggest the Optimal Cutting Tool
URL: https://www.mmc.co.jp/corporate/en/news/2024/news20241031a.html