Mitsubishi Corporation Website

For more details about Mitsubishi Corporations business, CSR

and environmental activities, investor relations and career
information, please visit our website.

http://www.mitsubishicorp.com/global

MC Library
This page contains additional resources, including our corporate profile video, an outline of our history, an overview of our
social contribution activities and examples of company ads.

http://www.mitsubishicorp.com/jp/en/mclibrary

CONTENTS
miTSubiShi COrpOraTiON 2015

iNTrODuCTiON
COrpOraTE phiLOSOphY / COrpOraTE hiSTOrY

NEW STraTEGiC DirECTiON

GLObaL NETWOrK

OrGaNiZaTiONaL STruCTurE

10

iNTrODuCTiON TO buSiNESS GrOupS

buSiNESS SErViCE GrOup
GLObaL ENVirONmENTaL & iNFraSTruCTurE buSiNESS GrOup
iNDuSTriaL FiNaNCE, LOGiSTiCS & DEVELOpmENT GrOup
ENErGY buSiNESS GrOup
mETaLS GrOup
maChiNErY GrOup
ChEmiCaLS GrOup
LiViNG ESSENTiaLS GrOup

11
12
14
16
18
20
22
24

CSr & ENVirONmENTaL aFFairS

26

COrpOraTE GOVErNaNCE /
iNTErNaL CONTrOL SYSTEm

28

COmpLiaNCE

29

SuppLEmENT

maNaGEmENT
FiNaNCiaL hiGhLiGhTS
priNCipaL SubSiDiariES aND aFFiLiaTES
3

miTSubiShi COrpOraTiON
iNTrODuCTiON

mitsubishi Corporation (mC) is a global integrated business enterprise that develops and operates businesses across virtually
every industry including industrial finance, energy, metals, machinery, chemicals, foods, and environmental business. MCs
current activities are expanding far beyond its traditional trading operations as its diverse business ranges from natural
resources development to investment in retail business, infrastructure, financial products and manufacturing of industrial
goods.
With over 200 offices and subsidiaries in approximately 90 countries worldwide and a network of over 600 group
companies, MC employs a multinational workforce of over 65,000 people.

COrpOraTE phiLOSOphY ThrEE COrpOraTE priNCipLES

The Three Corporate Principles were

formulated in 1934, as the action guidelines
of Mitsubishi Trading Company (Mitsubishi
Shoji Kaisha), based on the teachings of
Koyata Iwasaki, the fourth president of
Mitsubishi.
Although Mitsubishi Trading Company
ceased to exist as of 1947, the principles
were adopted as MCs corporate philosophy,
and this spirit lives on in the actions of
todays management and employees. The
Three Corporate principles also serve as the
cornerstone of the management ethos of
the so-called Mitsubishi group of companies.
Active in many business fields and united by a
common history and philosophy, the Mitsubishi
companies continue to grow through a strong
spirit of friendly competition with one another.

COrpOraTE rESpONSibiLiTY TO SOCiETY

Shoki Hoko

Strive to enrich society, both materially and spiritually,

while contributing towards the preservation of the global
environment.

iNTEGriTY aND FairNESS

Shoji Komei

Maintain principles of transparency and openness,

conducting business with integrity and fairness.

GLObaL uNDErSTaNDiNG ThrOuGh buSiNESS

Ritsugyo Boeki

Expand business, based on an all-encompassing global

perspective.

(The modern day interpretation of the Three Corporate Principles, as agreed on

at the Mitsubishi Kinyokai meeting of the companies that constitute the so-called
Mitsubishi group in January 2001.)

COrpOraTE hiSTOrY
FOUNDATION TO 1970s
In 1954 the new Mitsubishi Shoji was founded, and that
same year was listed on both the Tokyo and Osaka stock
exchanges. In 1967, the company announced its first
management plan. In 1968, the company committed to a
large project in Brunei to develop LNG (liquefied natural
gas). This was its first large-scale investment. Not content with
mere trade-based activities, the company began expanding
its development and investment-based businesses on a
global scale, as evidenced by iron-ore and metallurgical
coal projects in Australia and Canada, and salt field
business in Mexico. In 1971, the company made Mitsubishi
Corporation its official English name.

THE 1980s
MC needed to construct new systems to generate profits.
The company began streamlining its established businesses
and developing more efficient operations. In 1986 the
company firmly entrenched a new policy, shifting its focus
from operating transactions to profits. That same year a new
management plan was drawn up. In 1989, MC was listed on
the London Stock Exchange.

THE 1990s
In 1992, MC announced a new management policy, namely
to reinvent the company as a Sound, Global Enterprise.
MC began placing greater focus on its consolidated
operations and increasing the value of its assets. More
efforts were made to globalize the companys operations
and its people. In 1998, MC established MC2000
which introduced a Select & Focus approach to business,
strengthened strategic fields, and emphasized customeroriented policies. The new plan was instrumental in shoring
up the companys foundations and paving the way to a
prosperous future.

INTO THE NEW MILLENNIUM

In 2001, MC introduced MC2003, an aggressive
new blueprint for growth, involving an expansion of the
companys value chains, a strengthening of its profitability,
and focused strategies to create new businesses. In 2004,
INNOVATION 2007 was unveiled which sought to
establish MC as a New Industry Innovator, with an aim
to open up a new era and grow hand in hand with society.
In 2007, MC newly established the Business Innovation
Group and Industrial Finance, Logistics & Development
Group. Then, in 2008, MC announced its management
plan, INNOVATION 2009. In 2009, MC systematically
reorganized the Business Innovation Group and established
its Corporate Development Section. In April, 2010,
MC reorganized and enhanced this section through the
establishment of two new Groups, the Global Environment
Business Development Group and Business Service Group.
In July 2010, MC announced a new management plan,
Midterm Corporate Strategy 2012, which sought
to strengthen our management platform based on the
diversification of business models. Our new corporate
strategy, New Strategic Direction Charting a new path
toward sustainable growth was released in May 2013.

NEW STraTEGiC DirECTiON

CharTiNG a NEW paTh TOWarD SuSTaiNabLE GrOWTh

Mitsubishi Corporations current management strategy, entitled New Strategic Direction Charting a new path toward
sustainable growth, was adopted in fiscal year 2013. In view of our evolving business models and operating environment,
New Strategic Direction sets down basic management policy along with business and market strategies. It is designed to
realize our long-term, circa 2020 growth targets.

Our ViSiONAspiring to double the size of our business by circa 2020

New Strategic Direction reaffirms MCs value as a company capable of providing upside potential as
well as stable earnings throughout business cycles by managing a portfolio diversified by business models,
industries, markets and geography. As we optimize our portfolio, we will strive to realize our growth vision
and enhance our overall corporate value.

GrOWTh EYEiNG 2020

resource

Non-resource

Double attributable
equity production

DOubLE
buSiNESS

Double earnings

LNG7Mt
met Coal20mt
Copper250Kt

180 billion
yen

2
FYE 3/2013

2
Circa 2020

FYE 3/2013

Circa 2020

pOrTFOLiO ViSiON

OpTimaL
DiVErSiFiCaTiON
& WiNNiNG
buSiNESSES

Select Winning
Businesses through
proactive reshaping
of portfolio
Strengthen these
Winning businesses
50:50 resource to
Non-resource asset
ratio

FYE 3/2013

Circa 2020

Number of Business
Sub-Segments (BSS)

47

35 to 40

Number of BSS
generating >20 billion
yen in net income

10

Number of BSS
generating 10-20 billion
yen in net income

10 to 15

buSiNESS STraTEGY & marKET STraTEGY

Investing in growth while proactively reshaping our portfolio, with a strong focus on Asian markets.
Devoting 100 billion yen (over a three-year period) to capture Frontier Markets under corporate initiatives (Corporate R&D).

buSiNESS STraTEGY

marKET STraTEGY

Using Capital Efficiently

resource
businesses

Nonresource
business

Targeting asia

Deliver projects under execution

and selectively develop core assets
in our project pipeline
Refocus on productivity and cost,
be it capital or operational,
considering the cyclical nature of
the resource and energy industry

Proactively reshape portfolio in

line with our long-term vision of
creating multiple sizable winning
businesses, and free up capital for
new investment opportunities
Deploy capital to most promising
opportunities in selected industries/
sector
Pursue investment opportunities
i n a u t o m o t i ve, fo o d s, r e t a i l ,
power generation, life sciences,
downstream shale gas and asset
management sectors

meeting the
Growing
Demand
for Raw
materials

Promote
multilocalization
in asian
markets

Foods: build a grain sourcing

network across the Americas
Mineral Resources & Oil and
Gas Resources: Develop projects
and secure supply sources in asia,
Oceania, the Americas, Russia, and
West Africa; create an Asia-based
worldwide marketing hub
Fertilizers: Develop fertilizer raw
material resources that target
markets across Asia

Retail: Establish living essentials value

chain in Asian markets by building
retail franc hises with prominent
partners
Automotive: Strengthen Thai and
indonesian operations and replicate
their business models in neighboring
asian countries

STraTEGiC DirECTiON
Maximizing sustainable corporate value with a diversified selected portfolio

priNCipLES

Create sustainable corporate value through business activities Strive to further

improve our societal and environmental value through consolidated and global
initiatives
Strengthen winning businesses through proactive reshaping of our portfolio in
order to finish ahead of the global competition

iNVESTmENT pOLiCY

Maintain average investment rate of the last three years (2.0-2.5 trillion yen) in
order to improve our earnings base
Accelerate divestments selectively and free up capital for new investments

FiNaNCiaL DiSCipLiNE

Increase focus on financial discipline, such as by funding investments within our

own cash flow, assuming a base earnings level of 350 billion yen per annum
Deliver a medium- to long-term return on equity of 12-15%

DiViDEND pOLiCY

Provide a stable dividend by introducing a two-staged policy with base and

variable portions
Set base dividend according to a base earnings level of 350 billion yen per annum

GLOBAL NETWORK
(AS OF JULY 1, 2015)

Including offices in Japan, MC has more than 200 offices and subsidiaries, and develops business in
collaboration with over 600 group companies in approximately 90 countries around the world.

Middle East &

Central Asia

North America

East Asia
Europe & Africa
Japan

Head
Office
Asia & Oceania

Latin America

Head Office: Tokyo

Number of offices in Japan: 29
(including 18 annex offices)
Number of offices and
subsidiaries overseas: 192
(including 34 project offices)

MCs Regional CEOs

*Locations of offices and subsidiaries are marked.
(excluding project offices and annex offices in Japan)

LOCATION OF MC OPERATIONS
Japan

Sapporo
Sendai
Nagoya
Niigata
Toyama
Shizuoka
Osaka
Takamatsu
Hiroshima
Fukuoka
Naha

North America
New York
San Francisco
Seattle
Silicon Valley
Los Angeles
Houston
Washington, D.C.
Dallas
Pittsburgh
Boston
Tucson
Vancouver
Toronto
Victoria
Mexico City
Quer taro

Latin America
Guatemala City
Panama City
Quito
Lima

La Paz
Bogot
Santiago
Caracas
Puerto Ordaz
Asunci n
Buenos Aires
S o Paulo
Rio de Janeiro
Belo Horizonte
Santos

Europe & Africa

London
Madrid
Paris
Brussels
Amsterdam
Dsseldorf
Frankfurt
Berlin
Milan
Oslo

Prague
Stockholm
Warsaw
Bucharest
Belgrade
Athens
Sofia
Moscow
Vladivostok
Yuzhno-Sakhalinsk
Kiev
Johannesburg
Dakar
Casablanca
Abidjan
Algiers
Lagos
Tunis
Maputo
Nairobi
Addis Ababa
Dar es Salaam

Middle East &

Central Asia
Istanbul
Ankara
Baku
Ashgabat
Tashkent
Astana
Almaty
Dubai
Cairo
Tel Aviv
Ramallah
Amman
Riyadh
Jeddah
Al Khobar
Basra
Doha
Abu Dhabi
Muscat
Kuwait
Tehran

East Asia

Ulaanbaatar
Beijing
Chengdu
Guangzhou
Shenzhen
Wuhan
Tianjin
Xiamen
Nanjing
Qingdao
Shanghai
Dalian
Shenyang
Hong Kong
Taipei

Asia & Oceania

Karachi
Islamabad
Lahore
New Delhi
Mumbai

Kolkata
Chennai
Colombo
Dhaka
Yangon
Nay Pyi Taw
Bangkok
Haadyai
Kuala Lumpur
Bintulu
Singapore
Phnom Penh
Vientiane
Hanoi
Ho Chi Minh City
Jakarta
Surabaya
Bandar Seri Begawan
Manila
Noumea
Melbourne
Sydney
Perth

Brisbane
Mount Waverley
Auckland
Seoul
Kwangyang
Pohang

In times of global economic uncertainty, it is essential that we stay apprised

of the latest and most accurate information, conduct the necessary risk
management, and take prompt measures to capture growth opportunities.
The bedrock of these initiatives is our global network, which consists of more
than 200 offices and subsidiaries, over 600 group companies in approximately
90 countries around the world.
The Heads of MC Offices & Subsidiaries represent the MC Group in
countries and regions designated by our President and CEO. Their role is to
provide frontlines intelligence and support the MC Groups activities.
Our global operational structure comprises Japan and six key overseas
regions: North America; Latin America; Europe & Africa; Middle East & Central
Asia; East Asia; and Asia & Oceania. Each has been assigned a Regional
CEO, who oversees the regions subsidiaries and affiliates, devises solutions to
problems commonly faced in the region, identifies new business opportunities,
and optimizes operations on a consolidated basis.
Through careful allocation of their expertise and resources, the Regional
CEOs, along with the Heads of MC Offices & Subsidiaries and the group
companies, are responding to the unique circumstances and needs in each part
of the world. They continue to work together to create sustainable corporate
value for the MC Group.
9

OrGaNiZaTiONaL STruCTurE
(aS OF apriL 1, 2015)

Global Environmental &

Infrastructure Business
Group

Global Environmental & Infrastructure

Business Group CEO Office
Global Environmental & Infrastructure
Business Group Administration Dept.
Environmental Business Div.
New Energy & Power Generation Div.
Infrastructure Business Div.

Industrial Finance,
Logistics &
Development Group

industrial Finance, Logistics &

Development Group CEO Office
industrial Finance, Logistics &
Development Group Administration Dept.
Asset Management Business Div.
Industrial Finance Div.
Real Estate Development & Construction Div.
Logistics Div.

Energy Business Group

Energy Business Group CEO Office

Energy Business Group Administration Dept.
E&P Business Div.
Natural Gas Business Div.
Petroleum Business Div.
Carbon & LPG Business Div.

Metals Group

Metals Group CEO Office

Metals Group Administration Dept.
Steel Business Div.
Mineral Resources Trading Div.
Mineral Resources Investment Div.

Machinery Group

Machinery Group CEO Office

Machinery Group Administration Dept.
Industrial Machinery Business Div.
Ship & Aerospace Div.
Motor Vehicle Business Div.
Isuzu Business Div.

Chemicals Group

Chemicals Group CEO Office

Chemicals Group Administration Dept.
Phoenix Dept.
Saudi Petrochemical Project Dept.
Commodity Chemicals Div. A
Commodity Chemicals Div. B
Functional Chemicals Div.
Life Sciences Div.

Living Essentials Group

Living Essentials Group CEO Office

Living Essentials Group Administration Dept.
Global Consumer Business Div.
Retail Div.
Living Essential Products Div.
Living Essential Resources Div.

General Meeting Of
Shareholders
Corporate
auditors

Corporate Auditors
Office

Board of
Corporate auditors

Board of Directors

president and
Chief Executive
Officer
Executive
Committee

business Strategy
Committee
Market Strategy
Committee
Compliance Committee
CSR & Environmental
Affairs Committee
Human Resources
Development Committee
Disclosure Committee

Market Strategy
Chief Compliance Officer
SEVp, CSr &
Environmental Affairs
Chief Information Officer

Governance &
Compensation
Committee
international
advisory
Committee
Internal Audit Dept.
Corporate Strategy &
Planning Dept.

Corporate Staff
Section
Corporate Communications
Dept.
Corporate Administration
Dept.
CSR & Environmental
Affairs Dept.
Legal Dept.
Global Human
Resources Dept.
Global Strategy &
Business Development Dept.
Global Relations Dept.
International Economic
Cooperation Dept.
Logistics Management Dept.
Corporate Accounting Dept.
Risk Management Dept.
Finance Dept.
Structured Finance,
M&A Advisory Dept.
Investor Relations Dept.

Business Service
Group
business Service
Group CEO Office
IT Service Business Div.
IT Planning Dept.

*Organizational Structure of the head office

10

buSiNESS SErViCE GrOup

The Business Service Group undertakes the roles of providing
IT functions required for the MC Groups and our clients
business as well as making investments and handling other
matters for this purpose.
IT has become an essential tool for all types of business
following environmental changes such as advances in the
digital society and business diversification, which has prompted

a growing need for IT on a global basis. The Business Service

Group will develop and provide IT services boasting global
responsiveness and competitiveness through ties with business
partners in Japan and overseas. We will also contribute to
continuously raising the enterprise value of the MC Group and
clients and business expansion by helping to promote the use
of IT in business.

buSiNESS SErViCE GrOup buSiNESS

iT Service business
Division

In order to help solve issues faced by client companies, improve business processes and raise corporate
value, the IT Service Business Division provides integrated IT services ranging from consulting to system
development and operation, and outsourcing. We provide these services through business investments
such as Tata Consultancy Services Japan, Ltd., "A Tata Consultancy Services and MC Joint Venture" and
SIGMAXYZ Inc., or with the cooperation of business partners. We also work to expand and strengthen
new IT-related businesses by supporting the introduction and deployment of advanced information
technologies and uses for such technologies.
Promotion of SI business and IT outsourcing business
Promotion of consulting business and BPO business
Support for businesses through advanced technologies and prior application experience
Support for Asian market and retail business
Promotion of collaboration and partnership with Tata Consultancy Services Limited (TCS)

Tata Consultancy Services Japan

State-of-the-Art Mitaka Data Center

Pooling MCs customer relations expertise

with the international successes of
Indias Tata Consultancy Services (TCS),
TCS Japans comprehensive IT services
provide robust support for innovation and
globalization at client companies.

The Mitaka Data Center located in the

Mitaka City of Tokyo, is equipped with the
latest anti-seismic base isolation structure and
the first complete outside air cooling system
in the urban area. Based on high-quality
data center services for many years, MC will
continue to provide valuable iT outsourcing
services with careful attention to disaster
control, environmental friendliness and robust
security.

Cloud Computing Services for the

Construction Industry Established
MC has established a new company, MC
Data Plus Inc., and has transferred its
cloud based application services business
for the construction industry to this new
subsidiary. The new company will expand
and strengthen its cloud computing
services business and also develop big
Data application services.

MC Data Plus

big Data application Services

IT Planning Department
The IT Planning Dept. is responsible for MCs companywide IT measures such as IT systems and infrastructure, covering strategies and planning, as well as
investments and cost management. The business needs of the MC Group are becoming increasingly diverse and more globalized, and IT technology is
ever advancing. Always quickly responding to these changes, the IT Planning Dept. not only deploys MCs companywide IT measures on a consolidated
basis, but also proposes and promotes IT internal control and information security measures.

ORGANIZATIONAL STRUCTURE: 1 Development Division (2 Departments) /1 Department

Business Service Group CEO Office
IT Service Business DivisionIT Service Business Planning Department, IT Service Business Development Department
IT Planning Department
11

GLObaL ENVirONmENTaL &

iNFraSTruCTurE buSiNESS GrOup
The Global Environment & Infrastructure Business Development
Group, which was established as a group directly under
the president, was reorganized into a business group on
July 1, 2013, when it became the Global Environmental &
Infrastructure Business Group composed of three divisions:
Environmental Business Division, New Energy & Power
Generation Division, Infrastructure Business Division.
This group mainly handles trade and related business
operations in power generation, water, transportation, and
other necessary infrastructure that have a direct impact on our
quality of life. We are active in a number of areas that help
to combat global warming and secure sustainable supplies of
energy, such as our renewable and next-generation energy

businesses. We are also involved in manufacture of lithium-ion

batteries, an essential component for todays environmentally
friendly vehicles and electricity storage.
Our aims are to foster the growth of stable, long-term
earnings drivers and raise our corporate value, while at the
same time working towards the realization of a sustainable
society, with full consideration for the natural environment.
Ours is a long-term approach, and we remain committed to
developing mechanisms, technologies and systems in business
and related transactions, as well as developing business
domains, in fields that have high levels of public interest and
growth potential, and that will enable more people to live on
fewer resources.

GLObaL ENVirONmENTaL & iNFraSTruCTurE buSiNESS GrOup buSiNESS

Environmental
business Division

Lithium-Ion Batteries
New Environmental Business Development
and Management

Engaged in the development, manufacture and sale of

lithium ion batteries, a key component for environmentally
friendly electric vehicles.

New Energy
& Power
Generation
Division

Power Generation in Japan and Overseas

Onsite (Inside-the-Fence) Power Generation
Overseas Power Transmission
Export of Power Generation and Transmission
Equipment
MC has a 20% investment in Star Energy Geothermal Pte
Ltd. that owns the 230 MW Wayang Windu Geothermal
Power Plant in Indonesia, one of the worlds largest
geothermal power plants.

Water business

Infrastructure
business Division

Railway, Port, and Airport Business

Petroleum, Gas, and Petrochemical Plant
Equipment, FPSO Chartering
Steel, Non-Ferrous Metals, and Cement
Plant Equipment
MC-JALUX Airport Services Co., Ltd., 45.5% MC owned,
holds a 30-year concession to operate mandalay
International Airport in Myanmar from April 2015.

12

The Port of Valencia, where MC has invested

in a container terminal, is one of the largest
container ports in the Mediterranean and one of
the worlds most important transshipment hubs.

ORGANIZATIONAL STRUCTURE: 3 Development Divisions (12 Departments)

Global Environmental & Infrastructure Business Group CEO Office, Global Environmental & Infrastructure Business Group Administration Department
Environmental Business Division Environmental Energy Business Department, Environment Business, R&D Department
New Energy & Power Generation DivisionEMEA Power Generation Business Department, Americas Power Business Department, Asia &
Oceania Power Business Department, Power Systems Department A, Power Systems Department B, Power Systems International Department
Infrastructure Business DivisionWater Business Department, Transportation Infrastructure Business Department, Engineering Business
Department, Plant Projects Department
13

iNDuSTriaL FiNaNCE,
LOGiSTiCS & DEVELOpmENT GrOup
The Industrial Finance, Logistics & Development Group focuses on developing
industrial finance business, targeting real assets where the group can
leverage its expertise and networks as a global integrated business
enterprise. By utilizing its various functions such as project development and
asset management, the group is supplying capital to industries and offering
investment opportunities for investors.
Specifically, the group is providing comprehensive finance services in
certain domains that are unique from those offered by financial institutions.
These include asset management, infrastructure related financing, private
equity financing, and leasing. In addition, the group is providing solutions
in construction and real estate development concentrating mainly on
commercial facilities and urban development, condominium development,
and logistics.

14

mC is currently developing its private aviation

services business on a global scale, including its
wholly-owned aircraft leasing subsidiary, MC
Aviation Partners.

iNDuSTriaL FiNaNCE, LOGiSTiCS & DEVELOpmENT GrOup buSiNESS

asset
Management
business Division

Asset management for real estate

investment funds and related finance
business
Private equity investment management
business
Asset management business for other real
assets
GYRE, a high-end retail complex owned by Japan
Retail Fund Investment Corporation managed by an MC
subsidiary.

Infrastructure related finance business

industrial Finance
Division

General leasing business in Japan and

overseas including auto leasing
Airline-related business including aircraft
leasing and aircraft engine leasing
MC Aviation Partners is developing a comprehensive
aircraft leasing business, and has offices in Los Angeles,
Tokyo and Dublin. (CG image)

real Estate
Development
& Construction
Division

Commercial real estate development

Large-scale urban real estate development
Construction Management

This student housing in the U.S. was developed by

Diamond Realty Investments, Inc.

International intermodal transport

Logistics Division

Bulk carrier ownership and operations

Solutions business for the logistics sector
Logistics consulting
Mitsubishi Corporation LT, Inc.s Keihin Operations Dept
in Yokohama, Japan.

ORGANIZATIONAL STRUCTURE: 4 Divisions (12 Departments)

Industrial Finance, Logistics & Development Group CEO Office, Industrial Finance, Logistics & Development Group Administration Department
Asset Management Business DivisionReal Estate Asset Management Business Department, Asset Management Business Development
Department, Merchant Banking Department Industrial Finance DivisionInfrastructure Finance Department, Lease & Finance
Department, Aviation Business Department Real Estate Development & Construction DivisionCommercial Real Estate Development
Department, China Real Estate Development Department, Urban Development Department Logistics DivisionLogistics business
Department, Dry Bulk Business Department, Logistics Business Development Department
15

ENErGY buSiNESS GrOup

The Energy Business Group contributes to the development of
industry and helps to improve the quality of people's lives. We
handle energy in liquid, gas, and solid states, which provide
consumers with light, heat and power. Our expansive energy
portfolio includes liquefied natural gas (LNG), crude oil,
petroleum products, liquefied petroleum gas (LPG), petroleum
coke, coal coke and carbon products.
Our business model seeks to cover areas randing from

upstream to downstream in the energy value chain. We

explore for, develop and produce oil and gas, and have
investments in LNG projects. We import and trade trilaterally,
and we have interests in domestic trading and retail businesses.
Our group is taking measures to use energy more effectively
and at the same time protect the natural environment. We are
proactively working on new energy businesses such as gas-toliquid (GTL) and bio fuels are cases in point.

maiN OVErSEaS prOJECTS OF ThE ENErGY buSiNESS GrOup

Canada
Shale Gas
Development Project

UK North Sea
Development/Production
(Crude oil)

Iraq SGU
Cte d'Ivoire
Exploration
(Crude oil/Natural gas)

LNG Canada

Sakhalin LNG

Iraq
Production
(Crude oil)

Cameron LNG
Qalhat LNG
Myanmar
Production
(Crude oil/Natural gas)

Oman LNG

Gabon
Exploration/Development/Production
(Crude oil)
Angola
Development/Production
(Crude oil)

US Gulf of Mexico
Development/Production
(Crude oil)

Brunei LNG
Malaysia LNG

Browse LNG
Wheatstone LNG

Donggi-Senoro LNG

Investment in MEDCO

Tangguh LNG

North West Shelf LNG

Kimberley
Exploration
(Crude oil/Natural gas)

Venezuela
Development of
Orinoco heavy oil
(Crude oil)

Kangean
Development/Production
(Crude oil/Natural gas)

Papua New Guinea

Exploration/Development
(Natural gas)

LNG VaLuE ChaiN

host Country

Upstream

Liquefaction Plant

Logistics

Marketing

brunei
malaysia
australia
russia
indonesia
Oman, etc.

Exploration,
Development
& production

LNG production

Transportation by
LNG Vessels

Japan and
Global Market

Petroleum and Oil Products Stored at Onahama

Petroleum Co. in Fukushima, Japan.

16

Inside an anode baking plant of MC Zhenjiang Anode

Solutions Co., Ltd., a manufacturing joint venture situated
in Jiangsu province, China.

Natural gas development and production site in the

Kangean Blocks, located offshore East Java, Indonesia.

Cameron LNG Project (Illustration)

Against the backdrop of North Americas shale gas
revolution, MC is seeking to draw on the regions
rich reserves to make LNG exports from the US a
reality. MCs portion of the LNG produced at the
Cameron LNG liquefaction facility (4 million tons per
annum) will be sold to consumers mainly in Japan at
prices linked to US natural gas prices. The project is
expected to start commercial production in 2018.

ORGANIZATIONAL STRUCTURE: 4 Divisions (22 Departments)

Energy Business Group CEO Office, Energy Business Group Administration Department
E&P Business DivisionAsia E&P Business Department, Europe & Africa E&P Business Department, Americas & Oceania E&P Business
Department Natural Gas Business DivisionBrunei Natural Gas Business Department, Malaysia Natural Gas Business Department,
Australia Natural Gas Business Department, Indonesia Natural Gas Business Department, Middle East Natural Gas Business Department,
Russia Natural Gas Business Department, Americas Natural Gas Business Department, Shale Gas Business Department, LNG Operation
& Trading Department Petroleum Business DivisionCrude Oil Department, Petroleum Products Department, Industrial Petroleum
Marketing Department, Utility Feedstock Department, Petroleum Feedstock Department Carbon & LPG Business DivisionCarbon
Materials Department, Petroleum Coke Department, Aluminium-Related Carbon Materials Department, Specialty Carbon & Graphite Business
Department, LPG Business Department
17

mETaLS GrOup

bma (australia) produces about

60 million tons of coking coal per
year, and is the worlds largest
coking coal producer, handling
approximately 25% of the global
seaborne trade by volume.

In the Metals Group, we handle a wide range of commodities in steel

products, ferrous raw materials and non-ferrous metals. By providing global
markets with stable, sustainable supplies of high-quality raw materials and
products, we are helping to create more affluent societies around the world.
As far as our investments are concerned, we are active in metals raw
materials, including coking coal, thermal coal, iron ore, copper, nickel and
chrome. As the world economy continues to grow, future demand is expected
to be quite robust for coking coal in particular.
With respect to trade, we are leveraging high-quality services and
functions to strengthen our supply structure, including raw materials and
intermediary products. Our subsidiary Metal One handles our steel products
trade, while Mitsubishi Corporation RtM International and Mitsubishi
Corporation RtM Japan handle our ferrous raw materials and non-ferrous
metals trade. The latter two companies were established in April 2013.
By accurately assessing customer needs in each industry, we aim to
develop our groups businesses further and respond even better to global
markets. In doing so, we hope to maximize our profits and business value.

O
O
e
e
Office
Metals Group CEO Office, Metals Group Administration Department
Steel Business DivisionMetal One Department, Auto Components Department
Mineral Resources Trading DivisionRtM office, Triland Business office
Mineral Resources Investment DivisionIron Ore Department, MDP Department, Base Metals Department, Aluminum Department,
Hernic Department, Rare Metals Development office
18

DEVELOpmENTS iN ThE mETaL rESOurCE FiELD

Coal
Copper
PGM (Platinum Group Metals)
Iron ore
Aluminum Existing project
Nickel, Chrome Uranium
Project in exploration / under development

JCU
(Japan Canada Uranium)

AREVA Mongol
(Mongolia)

(Canada)

Marathon
(Canada)

PACIFIC METALS CO., LTD.

(Japan)

Furuya Metal
(Japan)

Weda Bay
(Indonesia)
Gresik
(Indonesia)

Mozal
(Mozambique)

Crosslands Resources
(Australia)
Hernic Ferrochrome
(South Africa)

Clermont
(Australia)

Escondida
(Chile)

Ulan
(Australia)

Oakajee Port & Rail

(Australia)

IOC
(Canada)

Antamina
(Peru)
BMA
(Australia)
Boyne
(Australia)

Kintyre
(Australia)

West McArthur
(Canada)

Warkworth/Coal & Allied

(Australia)

AREVA Resources Australia

(Australia)

Albras
(Brazil)
Quellaveco
(Peru)

Los Pelambres
(Chile)

CMP (Chile)

Anglo American Sur S.A.

(Los Bronces, etc)
(Chile)

CAP (Chile)

mETaLS GrOup VaLuE ChaiN

Resources Investment

Trading (Processing, Distribution & Marketing etc.)

Ferrous Raw Materials

& Steel Products

Raw Materials

Procurement

Production

Coking Coal Thermal Coal Iron ore

Mitsubishi Corporation RtM International

Mitsubishi Corporation RtM Japan

Steel Sheets & Plates

Specialty Steel & Wire
etc.

BMA (Coking Coal) IOC (Iron Ore)

CMP (Iron Ore)
Warkworth (Thermal Coal)
Clermont (Thermal Coal) etc.

Scrap Steel
Metal One
Mitsui Bussan Resources &
Structural Steel Corporation

Non-Ferrous Raw Materials

& Products

Copper Aluminum PGM

Nickel & Chrome etc.
Anglo American Sur (Copper)
Escondida (Copper)
Los Pelambres (Copper)
Antamina (Copper) Mozal (Aluminum)
Boyne (Aluminum) Marathon (PGM)
Hernic (Chrome) etc.

metal One Corporation has a sales

network of more than 140 offices in Japan
and countries around the world, providing
comprehensive services, including storage,
steel processing and delivery management.

Mitsubishi Corporation RtM International

Mitsubishi Corporation RtM Japan
Triland Metals

mitsubishi Corporation rtm international

Pte. Ltd., an integrated subsidiary in
metals resource trading, was established in
Singapore in April 2013.

Steel Mills
EAF Mills

Production Processing,
Distribution & Marketing
Metal One

Isuzu Corporation
Tamatsukuri CorporationCANTAK
MC TUBULAR PRODUCTS
SUS-TECH CORPORATION
CoilplusMSATISTWIWWI etc.

Auto Components Manufacturers

DMET, Hirotec Australia

Bullion
Non-Ferrous Products
Stainless Products etc.
Makers of Copper
& Copper Alloy Wire
& Other Products
Rolling Mills & Foundries
Precious Metal Processeors
Smelter etc.

Mitsubishi Corporation RtM International

Mitsubishi Corporation RtM Japan
TATA TOYO RADIATOR
T.RAD Czech s.r.o
Qingdao Toyo Heat Exchanger
Toyo Radiator Zhongshan etc.

Efforts are underway to expand production

at BMA (a coal mining joint venture
between Mitsubishi Development Pty Ltd
and BHP Billiton Ltd) in Australia. BMA
has a good reputation for highly efficient
production.

End Users
Shipbuilders
Oil & Gas
Power
Construction
Automobile
Machinery
Home Appliance
Can
Cable
Beverage
Jewelry

The Escondida mine in Chile produces more

than 1 million tons of copper each year.
It is the worlds largest copper mine, with
reserves for at least another 50 years of
operation.

19

maChiNErY GrOup
The Machinery Group handles a wide range of machinery
in four key domains: industrial machinery, shipping, defense
and aerospace, and motor vehicles. We handle machine tools,
agricultural machinery, construction and mining equipment,
elevators and escalators, ships, aerospace-related equipment,
automobiles, and other businesses.
Leveraging our expertise and extensive global networks
in these fields, connecting us with customers, manufacturers,

and partners, we are responding to changes in the business

environment and developing our operations all over the world.
We continue to strengthen our existing operations as we
forge longer value chains spanning sales to finance, distribution
and our extensive business investments; but at the same time,
we are looking to create the kinds of new businesses that will
develop into future earnings pillars for MC.

maChiNErY GrOup buSiNESS

industrial
machinery
business Division

Sales and maintenance business for elevators

and escalator
Sales of machine tools, agricultural machinery,
construction equipment and mining equipment
Rental of machinery
mC conducts rental services and sales centered on
construction and industrial machinery through rental
services provider Nikken Corporation.

Ship & aerospace

Division

Transactions in ships, special ships related to

offshore oil and gas exploration, FPSOs/
FSOs, marine equipment, etc.; finance; ship
owning and management business
Sales of defence-related equipment
Data processing and sales of satellite imagery

With mC also having an equity

interest, this state-of-the-art
Sayaendo type LNG carrier
joined the fleet in 2014.
(photograph supplied by mitsubishi
Heavy Industries, Ltd.) (above)
High Resolution Imagery Satellite,
GeoEye-1 (right)

DigitalGlobe, Inc.

Overseas local production and sales business

motor Vehicle
business Division

Overseas automobile finance, after-sales

service and other related business
Automobile exports
(built-up vehicles, assembly and spare parts)
Contributing to the realization of a sustainable society
by promoting environmentally friendly electric vehicles
such as the Outlander PHEV.

Overseas local production and sales business

Isuzu Business
Division

Overseas automobile finance, after-sales

service and other related business
Automobile exports
(built-up vehicles, assembly and spare parts)
The ISUZU D-MAX pick-up truck, one of the core products
of our motor-vehicle business in Thailand.

20

Ship business
The Machinery Group is forging
an extensive value chain that
covers ownership and operation of
ships and special ships related to
offshore oil and gas exploration,
as well as financing, trading,
and other businesses. Our group
is working hard to globalize its
shiprelated operations.

O
O
e
e
Office
Machinery Group CEO Office, Machinery Group Administration Department, Machinery Group Business Development Office
Industrial Machinery Business DivisionElevator & Escalator Operation & Marketing Department, Industrial Equipment Business
Department, Construction Equipment & Rental Business Department Ship & Aerospace DivisionCommercial Vessel Department, Offshore
and Gas Carrier Department, Defense and Aerospace Department Motor Vehicle Business Divisionmotor Vehicle asean & South
West Asia Department, Motor Vehicle North Asia Department, Motor Vehicle Europe, Middle East & Africa Department, Motor Vehicle Americas
& Australia Department Isuzu Business DivisionIsuzu ASEAN Department, Isuzu Europe, Middle East, Americas & Oceania Department,
Isuzu Asia Department
21

ChEmiCaLS GrOup
The Chemicals Group is active in three business segments: Commodity
Chemicals such as petrochemicals, industrial salts and fertilizers; Functional
Chemicals, including plastics and functional products such as urethane,
synthetic rubber and coating raw materials; and Life Sciences, which covers
our food science, pharmaceutical and agrochemical businesses.
Principal markets cover numerous industries, including petrochemicals,
industrial chemicals, energy, automobiles, construction, paint and adhesives,
electrical products and electronics, semi-conductors, communications
equipment, textiles, apparel, fertilizer and agricultural chemicals,
agriculture and livestock, food and foodstuffs, pharmaceuticals and
medical supplies, and distribution. By offering a wide array of products
and services in so many industries, we are helping people to enjoy a better
quality of life.
Many consumer-related fields such as clothing, food and housing are
associated with the chemicals industry. Our business group leverages the
unique attributes of this industry and provides the most pertinent and up-todate information to MC and our consumers. In doing so, we continue to add
new links to our global value chain.

metanol de Oriente,
METOR, S.A. (METOR)
metanol de Oriente, mETOr,
S.A. (METOR) was established
in march 1992 as a joint
venture between Mitsubishi
Corporation, Petroquimica De
Venezuela S.A.(PEQUIVEN),
Mitsubishi Gas Chemical
Company and others. METOR
produces methanol from
inexpensive natural gas,
which it primarily sells to
Europe and America.

ORGANIZATIONAL STRUCTURE: 4 Divisions (16 Departments)

Chemicals Group CEO Office, Chemicals Group Administration Department, Phoenix Department, Saudi Petrochemical Project Department
Commodity Chemicals Division AOlefins & Aromatics Department, Petrochemical Intermediates Department, Polyester Department,
Chlor-Alkali Department Commodity Chemicals Division BMethanol Department, Ammonia Department, Fertilizer Department, Inorganic
Chemicals Department Functional Chemicals DivisionPlastics Department, PVC Department, Functional Materials Department, Specialty
Chemicals Department Life Sciences DivisionBio- Fine Chemicals Department, Life Science Products Department
22

MAIN OVERSEAS SUBSIDIARIES (MANUFACTURERS)

Commodity Chemicals Div.A/B
Functional Chemicals Div./Life Sciences Div.
FUJIFILM Diosynth Biotechnologies UK Limited
(UK)
Contracted manufacturing of biopharmaceuticals
Tri-Pack Films Ltd.
(Pakistan)
Film production

TOSOH HELLAS
(Greece)
Battery resources

DECCAN
(India)
Contracted manufacturing of
agrochemical intermediates
and active ingredients

Liling Fine Chemicals Co., Ltd.

(China)
Contracted manufacturing of
agrochemical intermediates
and active ingredients

FUJIFILM Diosynth Biotechnologies U.S.A., Inc.

(USA)
Contracted manufacturing of biopharmaceuticals

THAI CHEMICAL
(Thailand)
Manufacturing of plasticizers
and adhesives

DM Color
(Mexico)
Manufacture and sale of
plastic compounds

MC-Towa International Sweeteners Co., Ltd.

(Thailand)
Maltitol production business

Eastern Petrochemical Company

CASTELLO
(SHARQ)
(Spain)
(Saudi Arabia)
Production of tartrates
Petrochemicals
Petronas Chemicals Aromatics Sdn. Bhd.
(PC AROMATICS)
(Malaysia)
Basic petrochemicals business

Fermentech Indonesia
(Indonesia)
Production of nucleic acid
and curdlan

Rimtec Corporation
(USA)
Manufacture of
PVC compounds

Metanol de Oriente, METOR, S.A.

(Venezuela)
Methanol production
Exportadora de Sal, S.A. de C.V.
(Mexico)
Salt production

FOSFATOS DEL PACIFICO

(Peru)
Phosphoric ore extraction/
production of diatomaceous soil and bricks

PT. Sorini Towa Berlian Corporindo

(Indonesia)
Sorbitol production

CHEMICALS GROUP VALUE CHAIN AND SUBSIDIARIES & AFFILIATES

Manufacturing Company Sales Company

Materials

Commodity Chemicals Div.A

Marine
Resources

Crude
Oil

Industrial SaltESSA
Naphtha

PVC Raw Materials

ParaxylenePC AROMATICS

Ethylene
Benzene
Xylene

Natural
Gas

Polyvinyl Chloride (PVC)

Polyester Fiber
PET Resin

Ethylene GlycolSHARQ
Polyethylene Resin
SHARQ
MethanolMETOR

Industrial Resins

Ammonia
Mine
Resources

Functional Chemicals Div.

Phosphate Ore FOSFATOS

Potassium Chloride

Chemical & Compound Fertilizers

Mitsubishi Shoji Agri-Service
MC Ferticom
Ethanol

Commodity Chemicals Div.B

Plants
Resources

SHARQs production capacity is among the

largest in the world for a single plant, with
capacities of 2,050,000 tons per year for
ethylene glycol and 1,550,000 tons per
year for polyethylene.

Synthetic Rubber / Functional Resins

Coating & adhesives
Mitsubishi Shoji Chemical
THAI CHEMICAL
Semiconductor Chemicals Raw materials for batteries
Polishing Materials, Whetstones
TOSOH HELLAS

Maltitol, sorbitol
(sweeteners)
MTISSTBC

Sweeteners, medical foods, yeast extract, seasonings

Mitsubishi Shoji FoodtechMC Food Specialties
KOHJIN Life Sciences Co., Ltd.

Tartaric acid
CASTELLO

Agrochemical intermediates and active ingredients

Liling Fine ChemicalsDECCAN

Life Sciences Div.

Petronas Chemicals Aromatics Sdn. Bhd.

is a joint venture between Japanese and
Malaysian companies that is capable of
producing 540,000 tons of paraxylene
and 200,000 tons of benzene per year.

Synthetic Resin Products

Mitsubishi Corporation Plastics KIBIKASEI
RIMTEC TRI PACK Chuo Kagaku DM Color

Bio-pharmaceuticalsFUJIFILM Diosynth Biotechnologies

Chuo Kagaku Co., Ltd. is the only Japanese

plastic food packaging and container
manufacturer to has five manufacturing
bases in China, and is expanding business
in the country from these sites.

Product
markets
Packaging
Materials
Interior materials
for construction
Coatings &
adhesives
Automobiles
Home Electronics
ITCommunications
Cosmetics &
detergents
Fertilizers
Textiles
Pharmaceutical &
agricultural
Food products

One of Japans leading food science

companies, MC Food Specialties Inc.,
provides high-quality seasonings and food
ingredients.

23

LiViNG ESSENTiaLS GrOup

The Living Essentials Group operates businesses in fields
including distribution, retail and restaurants, providing
consumers with products such as foods, clothing, daily consumer
necessities and medical goods. Our strength as a group is
that we conduct business operations that take entire industries
into consideration, from the upstream sourcing of resources

to the downstream retail market. We make a contribution to

society by providing products and services that match the
needs of consumers through offices and affiliates in Japan
and overseas. In addition, we support diverse and full lives for
consumers and place a strong emphasis on the reliability and
safety of the products and services we provide.

LiViNG ESSENTiaLS GrOup buSiNESS

Global Consumer
business Division

Planning, execution, and promotion of new

businesses in emerging markets
Developing food business in the UK and other
European markets
Alfamart operated by Alfa Group, one of Indonesias
leading retailers.

Sale of food, clothing, furniture and interior

furnishings, daily goods and others

retail Division

Development and distribution of various consumer

sales materials and services
Marketing business, point-based loyalty programs
and payment settlement-related ser vice
businesses
Convenience store Lawson is venturing into new and
original outlets, to meet the demands of customers and
communities.

Living Essential
products Division

Living Essential
resources Division

24

Engages in the processing, supply and distribution

of a variety products and services that include
processed foods, frozen and chilled foods,
confectionery, liquor, pet foods, paper products,
packaging materials, raw materials for paper,
tires, apparel, footwear, and households goods.
Engages in various healthcare related businesses
such as outsourcing services for hospitals, import
and sale of medical equipment, and nursing care
equipment rental.

Developing a business platform to provide stable

supplies to customers in Japan and overseas
by handling a range of materials including
grains, rice, fresh produce, oils and fats, marine
products, sweeteners and starches, feed, meats,
beverages ingredients, dairy products, housing
and construction materials, and carrying out
operations extending from production and
procurement to manufacturing and processing

Dedicated delivery center for LIFE CORPORATION,

the largest food supermarket chain in Japan, to which
Mitsubishi Shokuhin Co., Ltd. provides services.

Salmon Sea Farming Site of Cermaq Norway

MC subsidiary, Princes Limited,

a UK-based food and drink
manufacturer and distributor,
is expanding business in the
European market. The company
is wholly owned by MC.

O
O
e
e
Office
Living Essentials Group CEO Office, Living Essentials Group Administration Department
Global Consumer Business DivisionIndonesia Department, China & ASEAN Department, New Markets Development Department
Retail DivisionFood Retail Department, Apparel and Consumer Products Department, Product Development Department, Retail Support
Department Living Essential Products DivisionProcessed Foods Department, Paper & Packaging Department, Apparel Department,
S.P.A. Manufacturing Department, Tire & Consumer Goods Department, Healthcare Department
Living Essential Resources DivisionAgricultural Produce and Oils & Fats Department, Grain & Oilseeds Department, Marine Products
Department, Sweetener & Starch Products Department, Feed & Meat Products Department, Beverage and Dairy Products Department, Housing
& Construction Materials Department, Salmon Farming Business Office
25

CSr & ENVirONmENTaL aFFairS

mC considers addressing sustainability challenges to be one
of our most important management issues. We are therefore
actively engaged in promoting a range of initiatives towards
realizing a sustainable society through every aspect of our
business.
based on our guiding philosophy, the Three Corporate
Principles, we have set out our expectations for how our
business should be conducted. These encompass aspects such
as our commitments to respect human rights and to protect the
environment. All of our companys activities are based on the

directives stipulated in our Corporate Standards of Conduct,

Environmental Charter, and Social Charter.
Global sustainability issues have evolved significantly
over the years and continue to change today. MC aims to
create Sustainable Corporate Value through our business
activities, which span numerous industrial sectors. To this end,
we endeavor to address key sustainability issues both in
Japan and around the world, based on the expectations and
demands of our stakeholders.

Soccer clinic for the Japan Cerebral Palsy Football 7-a-side Associations Under-19 squad

MC established our DREAM AS ONE. Project in 2014 in order

to expand our existing efforts to support para-sports. Through
initiatives such as sponsoring sports lessons and hosting sporting
events and educational programs, the project aims to widen the field
of para-sports while also raising awareness and promoting greater
understanding of these activities. MC provides regular courses aimed
at training para-sports volunteers and actively encourages employees
to take part in volunteer activities that support para-sports.

26

Mitsubishi Corporation is an official partner

of the Japanese Para-Sports Association.

Contributing to a Sustainable Society through our business

With MCs Global Environmental & Infrastructure Business Group playing a central
role, the company is engaged in a number of businesses aimed at realizing a lowcarbon society and addressing other environmental issues such as water scarcity.
Our projects cover numerous fields including new energy, environmental and water
businesses, as well as smart community development.

ESG Management
MC conducts thorough screenings of loans and investments, taking into account not only
economic factors, but environmental, social, and governance (ESG) factors as well.
We are proactively working to reduce our CO2 emissions on a global, consolidated
basis. In addition, MC shares the Mitsubishi Corporation Policy for Sustainable Supply
Chain Management with our suppliers. We also conduct supplier surveys and site
visits as part of our supply chain management efforts. In conducting our business, we
see engagement with local communities and efforts to reduce negative environmental
impacts as invaluable.

Wind power generation business operated by US

subsidiary Diamond Generating Corporation.

The CSR & Environmental Affairs Advisory Committee

In March 2008, MC established our CSR & Environmental Affairs Advisory Committee,
which is composed of outside experts. The opinions and advice provided by the
Committee are incorporated into our sustainability initiatives and stakeholder
communications.

The CSR & Environmental Affairs Advisory Committee

MCs Philanthropic Activities

MC first set up a department to coordinate the companys philanthropic activities in 1973. Since then, our employees worldwide have
participated actively in long-running programs that contribute to the communities in which we operate. The five priority areas of our
corporate philanthropy are the global environment, public welfare, education, culture and the arts, and international exchange &
contributions.

Friendship Camp for Mothers and Children

This camp for single mothers and their children provides
the opportunity for participants to experience the great
outdoors. Held since 1974, the camp is run by MC Group
staff members who volunteer as camp counselors.

Mitsubishi Corporation Foundation for the

Americas / Mitsubishi Corporation Foundation
for Europe and Africa
Through the Mitsubishi Corporation Foundation for the
Americas (MCFA) and the Mitsubishi Corporation Fund
for Europe and Africa (MCFEA), MC supports a variety
of initiatives that are working to protect the natural
environment and alleviate poverty.

Tropical Forest Experimental Regeneration

project
MC began the first experimental project in Malaysia
in 1990 with the aim of regenerating tropical forest
ecosystems at an accelerated rate. Since then, the project
has expanded to locations in Brazil, Kenya and Indonesia.

Great East Japan Earthquake Restoration Efforts

Over the 4-year period since the Great East Japan Earthquake and Tsunami
struck in 2011, MC provided a total of 10 billion yen in recovery support for
the affected areas. From 2015, the company committed to an additional 3.5
billion yen in support over the next 5 years. Through the Mitsubishi Corporation
Disaster Relief Foundation, MC will continue providing emergency scholarships
for affected university students, extending recovery support grants to NPOs and
other organizations taking part in restoration efforts, and taking steps to revitalize
industry and create jobs. In addition, we will continue to dispatch MC Group
employee volunteers to the region (as of June 2015, approx. 3,750 employees
have taken part). MC has also started a number of new initiatives, including the
Sixth Industry Fruit Farming Project in Fukushima Prefecture, that allow us to apply
our expertise in promoting further development in the Tohoku Region.

Sixth Industry Fruit Farming Project

Mitsubishi Corporation Disaster Relief Foundation Website: http://mitsubishicorp-foundation.org/en

27

COrpOraTE GOVErNaNCE aND

iNTErNaL CONTrOL SYSTEm
MCs corporate philosophy is enshrined in the Three
Corporate principles - Corporate responsibility to Society,
integrity and Fairness, and Global understanding Through
Business. Guided by this philosophy, MC is improving and
strengthening corporate governance in various ways. Actions
include appointing independent Directors and independent
Corporate Auditors (five Outside Directors and three Outside
Corporate Auditors), introducing the Executive Officer System,
and setting up advisory committees to the Board of Directors
whose members are mostly from outside the company (the

Governance & Compensation Committee and the International

Advisory Committee). MCs efforts to reform and improve our
internal control system are ongoing in order to ensure that
business activities are conducted properly and in conformity
with the law and our Articles of Incorporation. The internal
control system covers: efficient business execution; compliance;
risk management; financial reporting; management and
storage of information; ensuring proper conduct in consolidated
group management; internal auditing and monitoring; and
Corporate Auditors.

General Meeting of Shareholders

Appointment/Dismissal
Determination of Remuneration Parameters
Request

Board of Directors

Audit/Report

International Advisory Committee

Appointment and
Supervision of
Executive Officers

Corporate Auditors

(Board of Corporate Auditors)

Advice

Governance & Compensation Committee

Appointment/Dismissal
Determination of Remuneration Parameters

Proposal for discussion of

important managerial matters, and
report on execution of operations

Report

Appointment/
Dismissal

Independent Auditors

Audit

Accounting Audit

Cooperation among Corporate Auditors/Internal Audit Dept./

Independent Auditors

[Executive Structure]
President and CEO

Internal Audit Dept.

Executive Committee

Establish and inform

about internal control
related systems
and strategies

Main Internal Control-Related Committees

Disclosure Committee

Corporate Staff Section

Compliance Committee
CSR & Environmental Affairs Committee
Investment Advisory Committee
National Security
Trade Management Committee, etc.

Executive Organization (Business Groups, etc.)

Governance & Compensation Committee

Member Composition (Year Ending march 2016)
Outside members (6):
Kunio ito (Outside Member)
Ryozo Kato (Outside Director)
hidehiro Konno (Outside Director)
Sakie T. Fukushima (Outside Director)
Akihiko Nishiyama (Outside Director)
Tadashi Kunihiro (Outside Corporate auditor)
In-house members (3):
Yorihiko Kojima* (Chairman of the Board)
Ken Kobayashi (president and CEO)
Hideyuki Nabeshima (Senior Corporate auditor)

*Committee Chairperson

International Advisory Committee

Member Composition (Year Ending march 2016)
Outside members (9):
Dr. Herminio Blanco Mendoza (Former Secretary of Trade & Industry (Mexico))
Professor Joseph S Nye

(Harvard University Distinguished Service Professor and Sultan of Oman Professor (U.S.A.))

Mr. Ratan N Tata (Chairman, Tata Trusts (India))

Mr. George Yeo (Chairman of Kerry Logistics Network (Singapore))
Mr. Jaime Augusto Zobel de Ayala
(Chairman and CEO, Ayala Corporation (the Philippines))

Sir John bond (Chairman, KKR Asia Ltd. (U.K.))

Mr. Niall FitzGerald (Former CEO & Chairman, Unilever (Ireland))
Ryozo Kato (Outside Director)
hidehiro Konno (Outside Director)

28

In-house members (4):

Yorihiko Kojima* (Chairman of the Board)
Ken Kobayashi (president and CEO)
Minoru Makihara (Senior Corporate advisor)
Mikio Sasaki (Former Chairman, Senior Advisor to the Board)
*Committee Chairperson

COmpLiaNCE
mC has established various internal regulations based on the
Three Corporate Principles, MCs guiding philosophy. These
include the Corporate Standards of Conduct and Code of
Conduct. When engaging in business, officers and employees
are obligated to make compliance their top priority. MC also
introduced the post of Compliance Officer and appointed
one to each business Group and geographical region (Japan
and overseas). These officers are responsible for ensuring
compliance in daily business operations.
As of the fiscal year ended March 2010, all company
officers and employees have been required to take e-learning
courses, which include case studies on the Code of Conduct.
Following these courses, they must sign an agreement stating
that they understand and will adhere to the rules at all

times. These protocols have since been introduced at MCs

subsidiaries and affiliates. Additional steps that have been
taken throughout the MC Group include holding Compliance
Discussions to encourage personnel to discuss compliance
issues in each work place by using case studies (i.e. possible
violations in view of the offices operations) and seminars,
and distributing Compliance Case Study Q&A Booklets to
employees. These measures will ensure ongoing learning and
development, not only by employees and officers at MC, but
by those at MCs subsidiaries and affiliates as well.
MCs actions are all based on this spirit of compliance; it
remains an essential factor in raising consolidated corporate
value and we remain committed to continuously upgrading
and reinforcing our compliance initiatives.

Mitsubishi Corporation
President and CEO
Appointment

Compliance Committee
Chief Compliance Officer

Group CEO, Regional CEO

Report

Chairperson: Chief Compliance Officer

Administration Office: Legal Dept. Compliance Administration Office

Appointment

Directive

Report

Report

Compliance Officer

Internal Whistleblower System

Group Compliance Officer

Compliance Mail Box and Hotline

Domestic Branch Compliance Officer

Internal Audit Dept. Compliance Mail Box and Hotline

Overseas Regional Compliance Officer

Outside Legal Counsel Compliance Mail Box and Hotline

Directive

Report and Consultation

Organization Heads (BU, Division, Department, Branch, etc.)

Directive

Report and Consultation

Report and Consultation

Employees
Report
and
Consultation

Report
and
Consultation

Subsidiaries and Affiliated Companies

Compliance Officer

Immediate Manager
Report and Consultation

Directive

Employees

Internal Whistleblower System

MC Group Outside Legal Counsel
Compliance Mail Box and Hotline

Report and Consultation

Report and Consultation
(Target: Registered MC Domestic Subsidiaries)

29

COrpOraTE DaTa
(aS OF marCh 31, 2015)

COmpaNY NamE
mitsubishi Corporation
DaTE ESTabLiShED
July 1, 1954
(Date registered: april 1, 1950)
CapiTaL
204,446,667,326
SharES OF COmmON STOCK iSSuED
1,624,036,751

Mitsubishi Corporation Website

LiSTED ON ThE FOLLOWiNG STOCK

For more details about Mitsubishi Corporations business, CSR

EXChaNGES
and
environmental activities, investor relations and career
Tokyo, Nagoya,
London
information,
please visit
our website.

http:/
/www.mitsubishicorp.com/global
hEaD OFFiCE
mitsubishi Shoji building
3-1, Marunouchi 2-chome, Chiyoda-ku,
Tokyo, 100-8086, Japan*
*Registered Office of our company

Marunouchi Park Building

6-1, Marunouchi 2-chome, Chiyoda-ku,
MC
Tokyo,Library
100-8086, Japan
This page contains additional resources, including our corporate
profile OF
video,
an outline of our history, an overview of our
NumbEr
EmpLOYEES
social contribution activities and examples of company ads.

Parent company: 5,637

http:/
/www.mitsubishicorp.com/jp/en/mclibrary
Parent
company and all of its
consolidated subsidiaries: 71,994

NumbEr OF CONSOLiDaTED SubSiDiariES

aND EQuiTY-mEThOD aFFiLiaTES
614
*Companies affiliated with MC subsidiaries are not included.

30