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Mitsubishi
The is a group of autonomous Japanese multinational companies in a variety of industries. Founded by Yatarō Iwasaki in 1870, the Mitsubishi Group historically descended from the Mitsubishi zaibatsu, a unified company which existed from 1870 to 1946. The company was disbanded during the occupation of Japan following World War II. The former constituents of the company continue to share the Mitsubishi brand and trademark. Although the group of companies participate in limited business cooperation, most famously through monthly "Friday Conference" executive meetings, they are formally independent and are not under common control. The four main companies in the group are MUFG Bank (the largest bank in Japan), Mitsubishi Corporation (a general trading company), Mitsubishi Electric and Mitsubishi Heavy Industries (both diversified manufacturing companies). History The Mitsubishi company was established as a shipping firm by Iwasaki Yatarō (1834–1885) in 1870 under the name ...
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Mitsubishi Motors
is a Japanese multinational automobile manufacturer headquartered in Minato, Tokyo, Japan.Corporate Profile
, Mitsubishi Motors website, 19 June 2008
In 2011, Mitsubishi Motors was the sixth-largest Japanese and the 19th-largest worldwide by production. Since October 2016, Mitsubishi has been one-third (34%) owned by , thus a part of the Renault–Nissan–Mitsubishi Alliance. Besides being part of the ...
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Mitsubishi Heavy Industries
is a Japanese multinational engineering, electrical equipment and electronics corporation headquartered in Tokyo, Japan. MHI is one of the core companies of the Mitsubishi Group and its automobile division is the predecessor of Mitsubishi Motors. MHI's products include aerospace and automotive components, air conditioners, elevators, forklift trucks, hydraulic equipment, printing machines, missiles, tanks, power systems, ships, aircraft, railway systems, and space launch vehicles. Through its defense-related activities, it is the world's 23rd-largest defense contractor measured by 2011 defense revenues and the largest based in Japan. History In 1857, at the request of the Tokugawa Shogunate, a group of Dutch engineers were invited, including Dutch naval engineer Hendrik Hardes, and began work on the ''Nagasaki Yotetsusho'' 長崎鎔鉄所 , a modern, Western-style foundry and shipyard near the Dutch settlement of Dejima, at Nagasaki. This was renamed ''Naga ...
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Mitsubishi Aluminum Co
The is a group of autonomous Japanese multinational companies in a variety of industries. Founded by Yatarō Iwasaki in 1870, the Mitsubishi Group historically descended from the Mitsubishi zaibatsu, a unified company which existed from 1870 to 1946. The company was disbanded during the occupation of Japan following World War II. The former constituents of the company continue to share the Mitsubishi brand and trademark. Although the group of companies participate in limited business cooperation, most famously through monthly "Friday Conference" executive meetings, they are formally independent and are not under common control. The four main companies in the group are MUFG Bank (the largest bank in Japan), Mitsubishi Corporation (a general trading company), Mitsubishi Electric and Mitsubishi Heavy Industries (both diversified manufacturing companies). History The Mitsubishi company was established as a shipping firm by Iwasaki Yatarō (1834–1885) in 1870 under the name ...
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Mitsubishi Electric
, established on 15 January 1921, is a Japanese multinational electronics and electrical equipment manufacturing company headquartered in Tokyo, Japan. It is one of the core companies of Mitsubishi. The products from MELCO include elevators and escalators, high-end home appliances, air conditioning, factory automation systems, train systems, electric motors, pumps, semiconductors, digital signage, and satellites. In the United States, products are manufactured and sold by Mitsubishi Electric United States headquartered in Cypress, California. History MELCO was established as a spin-off from the Mitsubishi Group's other core company Mitsubishi Heavy Industries, then Mitsubishi Shipbuilding, as the latter divested a marine electric motor factory in Kobe, Nagasaki. It has since diversified to become the major electronics company. MELCO held the record for the fastest elevator in the world, in the 70-story Yokohama Landmark Tower, from 1993 to 2005. The company acquired Nihon ...
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Mitsubishi UFJ Financial Group
is a Japanese bank holding and financial services company headquartered in Chiyoda, Tokyo, Japan. MUFG holds assets of around US$3.1 trillion as of 2016 and is one of the "Three Great Houses" of the Mitsubishi Group alongside Mitsubishi Corporation and Mitsubishi Heavy Industries. It is Japan's largest financial group and the world's second largest bank holding company holding around US$1.8 trillion (JP¥148 trillion) in deposits as of March 2011. The letters ''MUFG'' come from ''Mitsubishi'' and '' United Financial of Japan''. Background The company was formed on October 1, 2005, with the merger of Tokyo-based Mitsubishi Tokyo Financial Group (MTFG), and Osaka-based UFJ Holdings. The core banking units of the group, Bank of Tokyo-Mitsubishi and UFJ Bank, were merged on January 1, 2006, to form MUFG Bank. This integration was originally scheduled to take place on October 1, 2005, the same day that the parent companies were merged. However, pressure from Japan's Financial Ser ...
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Mitsubishi Corporation
is Japan's largest trading company (sogo shosha) and a member of the Mitsubishi keiretsu. As of 2022, Mitsubishi Corporation employs over 80,000 people and has ten business segments, including finance, banking, energy, machinery, chemicals, and food. History The company traces its roots to the Mitsubishi conglomerate founded by Yataro Iwasaki. Iwasaki was originally employed by the Tosa clan of modern-day Kōchi Prefecture, who posted him to Nagasaki in the 1860s. During this time, Iwasaki became close to Sakamoto Ryōma, a major figure in the Meiji Restoration that ended the Tokugawa shogunate and restored the primacy of the emperor of Japan in 1867. Iwasaki was placed in charge of the Tosa clan's trading operation, Tsukumo Shokai, based in Osaka. This company changed its name in the following years to Mitsukawa Shokai and then to Mitsubishi Shokai. Around 1871, the company was renamed Mitsubishi Steamship Company and began a mail service between Yokohama and Shanghai with g ...
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Mitsubishi Estate
is one of the largest real-estate developers in Japan and is involved in property management and architecture research and design. As of 2018, Mitsubishi Estate has the most valuable portfolio in the Japanese real estate industry, with a total value of approx. 7.4 trillion yen, much of which is located in the Marunouchi district of Tokyo. MEC owns Japan's second tallest building, the Yokohama Landmark Tower, as well as the Sanno Park Tower and Marunouchi Building in Tokyo. Mitsubishi Estate has its headquarters in the Otemachi Building in Ōtemachi, Chiyoda, Tokyo. It is one of the core Mitsubishi companies. History The company was established in 1937 as a spin-off of the real estate holdings of the Mitsubishi ''zaibatsu''. It was listed on the Tokyo and Osaka stock exchanges in 1953. Its largest concentration of assets is around the Daimaruyū area (Ōtemachi, Marunouchi and Yūrakuchō districts) west of Tokyo and Yūrakuchō Stations, an area purchased by the ''zaibatsu'' ...
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Mitsubishi Logistics
Mitsubishi Logistics, Inc. is a logistics company with its headquarters in Shinkawa, Chuo-ku, Tokyo. It is a member of the Mitsubishi group and a participant of Mitsubishi Kinyokai and Mitsubishi Public Affairs Committee. History Since its predecessor, Tokyo Logistics, was founded in 1887 and changed the corporate name to its current one in 1918, Mitsubishi Logistics reached its 120th anniversary in 2007. Among the Mitsubishi zaibatsu, the foundation of Mitsubishi Logistics followed the establishment of NYK line, Mitsubishi Corporation, Mitsubishi Heavy Industries, and Mitsubishi Bank (currently The Bank of Tokyo-Mitsubishi UFJ); the company has tradition and history. The Edobashi warehouse building, which was built in 1930 and was originally where the company's headquarters was located, has a unique appearance reminiscent of a ship and has been designated Tokyo's historic landmark as a renowned art piece of expressionistic architecture. A renovation project is underway to rede ...
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Mitsubishi Aircraft Corporation
, abbreviated MITAC, is a Japanese company that develops, produces, sells and supports the Mitsubishi SpaceJet (formerly MRJ) passenger airliners. The manufacturing of the aircraft is carried out by parent company Mitsubishi Heavy Industries (MHI). Overview MITAC was established on 1 April 2008. MHI has a controlling 64% of the shares of the company, while Toyota Motor Corporation and Mitsubishi Corporation each owns 10% of the shares; other shareholders include Sumitomo Corporation and Mitsui & Co. MITAC is headquartered at Nagoya Airfield in Komaki in Aichi Prefecture, adjacent to the MRJ production facilities. It has branch offices in Nagoya and Tokyo, which are co-located with MHI offices. MITAC has overseas subsidiaries based in Amsterdam and in Renton, Washington. CEO Teruaki Kawai has indicated that the company will not produce aircraft larger than the MRJ, as MHI is a major supplier to Boeing (including manufacturing wings for the Boeing 787), and the group general ...
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Mitsubishi Chemical Holdings
is a Japanese company formed in October 2005 from the merger of Mitsubishi Chemical Corporation and Mitsubishi Pharma Corporation. The company is based in Tokyo and is one of the core Mitsubishi companies. History On December 4, 2021, the company announced they would be leaving the commodity chemical businesses by the 2023 fiscal year. The petrochemical and coal-chemical units accounted for $4.8 billion a year in sales and they said the reason for divesting is Japan's shift toward carbon neutrality Carbon neutrality is a state of net-zero carbon dioxide emissions. This can be achieved by balancing emissions of carbon dioxide with its removal (often through carbon offsetting) or by eliminating emissions from society (the transition to the "p ... and poor growth potential. References External links * Companies listed on the Tokyo Stock Exchange Companies listed on the Osaka Exchange Mitsubishi companies Japanese companies established in 2005 Holding companies ...
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Mitsubishi Materials
, or MMC, is a Japanese company. It is a manufacturer of cement products, copper and aluminum products, cemented carbide tools, and electronic materials. It is one of the core companies of Mitsubishi Group. The company is listed on the Tokyo Stock Exchange and the Osaka Securities Exchange, and is a constituent of the Nikkei 225 stock market index. In 2018 Mitsubishi Materials admitted that five of its subsidiaries, Mitsubishi Cable Industries Ltd., Mitsubishi Shindoh Co., Mitsubishi Aluminum Co., Tachibana Metal MFG Co. and Diamet Corp., had falsified quality data over the past three years on shipments including aluminium and automotive components. Mitsubishi Materials has started investigations at about 120 factories in its group. Business summary Mitsubishi Materials Corporation has eight business sections, which are: * Cement business ** Portland cement ** Cement-related products ** Ready-mix concrete ** Building materials * Metals business ** Copper smelting ** Copper and ...
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Automotive Industry
The automotive industry comprises a wide range of company, companies and organizations involved in the design, Business development, development, manufacturing, marketing, and selling of motor vehicles. It is one of the world's largest industry (economics), industries by revenue (from 16 % such as in France up to 40 % to countries like Slovakia). It is also the industry with the highest spending on research & development per firm. The word ''automotive'' comes from the Greek language, Greek ''autos'' (self), and Latin ''motivus'' (of motion), referring to any form of self-powered vehicle. This term, as proposed by Elmer Ambrose Sperry, Elmer Sperry (1860-1930), first came into use with reference to automobiles in 1898. History The automotive industry began in the 1860s with hundreds of manufacturers that pioneered the Brass Era car, horseless carriage. For many decades, the United States led the world in total automobile production. In 1929, before the Great Depression, ...
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