What Matsumoto Yushi Contract does

Matsumoto Yushi Contract (松本油脂製薬株式会社) is a Japan-based, publicly listed B2B specialty chemicals manufacturer (Tokyo Stock Exchange ticker 4365) headquartered in Yao City, Osaka Prefecture, with operations dating to 1938. The company operates through two principal product divisions: (1) Textile Industry Products, spanning spinning oils, warp sizing agents (Mar-pozol and Marpo Size series), scouring agents (Marpon FL-70N, M-40), oligomer removal agents (Marpon PS series), and functional finishing agents across the full textile production chain; and (2) General Industrial Products, anchored by the proprietary Matsumoto Microsphere® brand encompassing heat-expandable microcapsules (F, FN series) that expand 50-100x their original volume under heat, composite hollow microspheres (MFL series), and PMMA microparticles (M, S series), alongside rubber/plastic additives, cosmetics ingredients, construction chemicals, environmental remediation agents, and braille/tactile copy systems for accessibility applications.

The company's core technology platform is interface science (surfactant chemistry) combined with proprietary heat-expandable microcapsule engineering. Heat-expandable microcapsules consist of a thermoplastic polymer shell encapsulating a low-boiling-point hydrocarbon; upon heating, the shell softens and the hydrocarbon vaporizes, driving expansion to 50-100x original volume with pressure resistance exceeding 30 MPa. The MFL Series combines pre-expanded microspheres with inorganic powder coatings (talc, calcium carbonate, titanium oxide) to improve handling and compatibility. Over one-third of the company's 251-500 employees work in research and development, and it has received the Japan Polymer Science Society Award for its microcapsule and interface science commercialization.

The business model is direct B2B sales of formulated chemical products to enterprise customers across textile, cosmetics, general industrial, and accessibility/welfare verticals, with sales personnel in Osaka and Tokyo, and manufacturing at the Fukuroi (Shizuoka) and Takaishi (Osaka) factories. Pricing is quotation-based and specification-driven, with no public disclosure; the company is ISO 9001:2015 certified since March 2018 and lists products in the Japan Surfactant Industry Association member product database. End-markets are primarily domestic Japan with no disclosed overseas revenue mix.

Name

Matsumoto Yushi Contract

Legal name

Matsumoto Yushi-Seiyaku Co., Ltd.

Website

https://mtmtys.co.jp

Company type

Private

Founded year

1939

Operating status

Operating

Headcount range

251–500 employees

Short description

Matsumoto Yushi Contract (松本油脂製薬株式会社) is a Japan-based, publicly listed B2B specialty chemicals manufacturer of surfactants, textile auxiliaries, and proprietary heat-expandable microcapsules (Matsumoto Microsphere®), serving textile, cosmetics, general industrial, and accessibility customers through direct sales and custom formulation.

Ownership category

akta.pro rank

Product category

Specialty Chemicals

NAICS

Surface Active Agent Manufacturing (325613), Soap and Cleaning Compound Manufacturing (32561)

SIC

Industrial Organic Chemicals (2860), Perfumes, Cosmetics & Other Toilet Preparations (2844)

akta.pro primary industry

Commodity Surfactants & Detergent Base Chemicals (IMAEAAAI)

Keywords

• Specialty surfactants
• Textile auxiliaries
• Heat-expandable microcapsules
• Polymer microspheres
• Industrial chemical formulations

Headquarters

HQ city

Yao

HQ country

Japan

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Supply Chain, Operations, Infrastructure

Revenue model

1. Specialty chemicals manufacturing and sales: The company manufactures and sells surfactants, textile auxiliaries, and microcapsule-based products to industrial customers. Revenue is generated through direct sales of formulated chemical products, with pricing based on product specifications and order volumes. As a B2B specialty chemicals company, revenue streams are primarily product-based with some custom formulation services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Matsumoto Yushi Contract manufactures and sells surfactants, textile auxiliaries, and polymer-based microcapsule products to industrial customers in Japan. The company operates two main product divisions: textile industry chemicals (spinning oils, sizing agents, scouring agents, oligomer removers, and functional finishing agents) and general industrial products including the proprietary Matsumoto Microsphere® line of heat-expandable microcapsules, composite hollow microspheres, and PMMA microbeads used for weight reduction, insulation, matting, and tactile/braille applications. It also provides rubber/plastic additives, cosmetics ingredients, construction chemicals, and environmental remediation products.

Product overview

Matsumoto Yushi Contract (松本油脂製薬株式会社) is a B2B surfactant and specialty chemical manufacturer operating in two main product divisions: (1) Textile Industry Products covering spinning oils, sizing agents (マーポゾール series, マーポサイズC-1061), scouring agents (マーポンFL-70N, マーポンM-40), oligomer removal agents (マーポンPS series), and functional processing agents across the entire textile production chain from spinning to finishing; and (2) General Industrial Products featuring the proprietary Matsumoto Microsphere® brand including heat-expandable microcapsules (F/FN series), composite hollow microspheres (MFL series), PMMA microbeads (M/S series) used for weight reduction, insulation, matting, and tactile/braille copy systems, plus rubber/plastic additives, cosmetics ingredients, construction chemicals, and environmental products. The company also provides R&D services for custom formulations.

Differentiator

Problem solved

Functional benefit

Brands

• マツモトマイクロスフェアー® (Matsumoto Microsphere®): Product brand for expandable microcapsules, microbeads, and microsphere composites used in industrial applications.
• マーポゾール (Mar-pozol)
• マーポン (Mar-pon)
• マーポサイズ (Mar-po Size)

Products and services

• Matsumoto Microsphere® F, FN Series heat-expandable microcapsules Thermoplastic polymer shell microcapsules encapsulating low-boiling-point hydrocarbons that expand 50-100 times their original volume when heated, used for weight reduction, insulation, and surface modification across industrial applications.
• Matsumoto Microsphere® MFL Series composite hollow microspheres Hybrid functional additives combining pre-expanded plastic microspheres with inorganic powder coatings (talc, calcium carbonate, titanium oxide), used for lightweight materials in paints, adhesives, sealants, and construction.
• Matsumoto Microsphere® M and S Series PMMA microbeads Polymethyl methacrylate (PMMA) microparticles in crosslinked and non-crosslinked types with various particle sizes, shapes, and surface characteristics; S series provides rubber-like elastic tactile properties for cosmetics formulations.
• Spinning and Functional Treatment Agents Oil agents for synthetic fiber production processes and functional treatment agents for high-performance fibers, including carbon fibers, nonwoven fabrics, and dialysis hollow fiber pore-forming agents.
• Marp Size C-1061 sizing agent Sizing agent for spun fine-count and high-density woven fabrics, compatible with polyester, polyester blends, rayon, and cotton fibers, providing high strength and flexible sizing with low viscosity.
• Marpozoru (Mar-pozol) Series filament sizing agents Filament warp sizing agents including acrylic ester (W-333), water-soluble polyurethane (PU), and water-soluble polyester (TI-3) types for water-jet and other weaving systems.
• Marpon FL-70N scouring agent Cotton scouring agent with excellent oil/size removal and alkali resistance for high-concentration alkaline processing in cotton and polyester/cotton woven fabrics.
• Marpon M-40 synthetic fiber scouring agent Synthetic fiber scouring agent with superior initial penetrability and size removal/dispersion performance for nylon and polyester woven fabrics.
• Marpon PS Series oligomer removal agents Oligomer removal agents (PS-K, PS-K2) for preventing and removing polyester oligomer deposits during high-temperature dyeing processes to avoid yarn breakage and dye speck defects.
• Braille/Tactile Copy System Thermal expandable microcapsule-coated special paper system for creating tactile graphics and documents that visually impaired individuals can read by touch, enabling mass production of braille materials.
• Rubber/Plastic Industrial Products Rubber processing anti-adhesion agents, tire release agents, plastic modification agents, antistatic agents, anti-fog agents, and lubricants for rubber and plastic manufacturing.
• Cosmetics/Toiletry Products Emulsifiers, body soap and shampoo bases, fragrance solubilizers, pearlescent agents, and other cosmetic ingredients.
• Civil Engineering/Construction Products Mortar additives, crack prevention agents, civil engineering additives, underwater concrete additives, viscosity modifiers, and lubricants for concrete extrusion molding.
• Environmental Conservation Products Oil spill treatment agents for tanker accidents, nonionic surfactant treatment agents, and defoamers for environmental remediation.

Quantifiable outcome

• Heat-expandable microcapsules can expand to 50-100x their original volume upon heating
• +2 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Japan Surfactant Industry Association (日本界面活性剤工業会)minorStrategic or Co-development PartnerMatsumoto Yushi-Seiyaku is a member of the Japan Surfactant Industry Association, which maintains a public member product database. The company lists its products in this association database, indicating membership-level participation in the industry organization rather than deep strategic collaboration.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• NOF Corporation: Diversified Japanese specialty chemicals producer with surfactant, polymer, and cosmetic ingredient lines. Comparable in surfactant chemistry and cosmetics ingredient business, but with broader industrial portfolio.
• Kao Corporation: Large Japanese chemicals and consumer products company with a substantial surfactants and specialty chemicals division. Overlaps with Matsumoto's surfactant and personal care ingredient offerings but operates at vastly greater scale across consumer brands.
• Stepan Company: US-based global surfactant and specialty chemical manufacturer serving personal care, cleaning, and industrial markets. Broad incumbent in surfactant chemistry with comparable customer end-uses.
• Lion Corporation: Major Japanese household and personal care products company with significant specialty surfactant and chemical operations. Overlaps in surfactant chemistry and personal care ingredients, though primarily consumer-branded.

Emerging players

• Sekisui Chemical Co., Ltd. Japanese materials company with growing specialty chemicals and microcapsule-adjacent technology platforms (including expandable microspheres for construction and industrial use). Competes with Matsumoto Microsphere® in some industrial lightweighting and construction applications.

Direct peers

• Takemoto Oil & Fat Co., Ltd. Japanese specialty chemicals and surfactant manufacturer with similar textile, personal care, and industrial applications. Comparable size and product breadth focused on interface chemistry.
• Toho Chemical Industry Co., Ltd. Japanese surfactant and specialty chemical manufacturer supplying textile, personal care, and industrial markets. Directly comparable in product portfolio mix and B2B custom formulation approach.
• Sanyo Chemical Industries, Ltd. Japanese specialty chemicals producer with significant surfactant and polymer product lines serving industrial and consumer applications. Comparable in surfactant chemistry platform and specialty industrial customer base.
• DKS Co., Ltd. Japanese manufacturer of surfactants, polyurethanes, and specialty chemicals serving textile, construction, and industrial customers. Overlaps with Matsumoto's surfactant and construction chemical lines.
• Nicca Chemical Co., Ltd. Japanese specialty chemicals manufacturer focused on textile auxiliaries, surfactants, and functional finishes. Closely comparable to Matsumoto Yushi-Seiyaku in core textile chemical offerings, custom formulation model, and Japan-centric B2B sales motion.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Matsumoto Yushi Contract