Mitsubishi Corporation

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Mitsubishi Corporation
三菱商事株式会社
Type Trading Company
Traded as TYO: 8058
LSE:MBC
Industry Business Innovation
Financial Services
Machinery
Chemicals
Construction
Energy
Metal
Food
Consumer Goods
Founded Incorporated in 1918 (reinstated after World War II in 1954)
Headquarters Marunouchi, Chiyoda, Tokyo, Japan
Area served Global (80 Countries)
Key people Yorihiko Kojima, Chairman
Ken Kobayashi, President & CEO
Revenue increase ¥19,233,443 million[1] (March 2011)
Operating income increase ¥316,141 million[1] (March 2011)
Net income increase ¥463,188 million[1] (March 2011)
Total assets increase ¥11,347,442 million[1] (March 2011)
Total equity increase ¥3,600,990 million[1] (March 2011)
Parent Mitsubishi Group
Website www.mitsubishicorp.com

Mitsubishi Corporation (三菱商事株式会社 Mitsubishi Shōji Kabushiki Kaisha?) TYO: 8058 is Japan's largest trading company (sogo shosha), a member of the Mitsubishi keiretsu. Mitsubishi Corporation employs over 50,000 people and has seven business segments including finance, banking, energy, machinery, chemicals, food and more.

In 2008 Mitsubishi Corporation was crowned In-House of the Year - Trading Company In-House Team of the Year at the 2008 ALB Japan Law Awards.[2]

Contents

[edit] Corporate affairs

The current headquarters of Mitsubishi Corporation, the Marunouchi Park Building in Marunouchi, Chiyoda, Tokyo.

The head office is in Marunouchi, Chiyoda, Tokyo.[3] The head office is located in two buildings in Marunouchi: Mitsubishi Shoji Building (三菱商事ビル Mitsubishi Shōji Biru?) and Marunouchi Park Building (丸の内パークビル Marunouchi Pāku Biru?).[4]

[edit] Business sections

Mitsubishi Corporation businesses are divided into seven business sections:

  • Business Innovation Group
  • Industrial Finance, Logistics and Development Group
  • Energy Business Group
  • Metals Group
  • Machinery Group
  • Chemicals Group
  • Living Essentials Group

[edit] Environmental record

In March 1998 the Mitsubishi Corporation received the quarterly Greenwash Award. It was awarded to them for their efforts to portray its businesses, which are actually some of the most destructive on earth, as environmentally friendly. Through the use of public relations the corporation tried to convince the world that their subsidiaries facility off the coast of Mexico was environmentally benign. The facility is a salt evaporation factory and is in a lagoon that also holds the last pristine Grey Whale calving ground.[5]. Mitsubishi(as of 2009), holds between 35% to 40% of the worldwide market for bluefin tuna, a highly endangered species of fish.[6].


[edit] External links

[edit] References

  1. ^ a b c d e "Financial Results for Fiscal Year Ended March 31, 2011". Mitsubishi Corporation. May 10, 2011. http://www.mitsubishicorp.com/jp/en/ir/library/earnings/pdf/201105e.pdf. 
  2. ^ [1]
  3. ^ "Fact Sheet." Mitsubishi Corporation. Retrieved on September 28, 2011. Page in Japanese
  4. ^ "Mitsubishi Office: Access Details." Mitsubishi Corporation. Retrieved on September 28, 2011. Page in Japanese
  5. ^ "Mitsubishi Corporation's 'Award'"
  6. ^ "[http://www.independent.co.uk/environment/nature/revealed-the-bid-to-corner-worlds-bluefin-tuna-market-1695479.html." The Independant.Retrieved on February 24, 2012
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