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Mitsubishi Motors
Carlos Ghosn ( Chairman ) Osamu Masuko (President LINE-HEIGHT:1.2EM;">PRODUCTION OUTPUT 1,079,346 vehicles (FY2016) REVENUE ¥ 1.907 trillion (FY2016) OPERATING INCOME ¥-158.7 billion (FY2016) NET INCOME ¥-198.5 billion (FY2016) TOTAL ASSETS ¥1.484 trillion (FY2016) TOTAL EQUITY ¥765.381 billion (FY2016) OWNER Nissan Motor Co., Ltd
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Japanese Yen
The YEN (Japanese : 円, Hepburn : en, symbol : ¥ ; code : JPY; also abbreviated as JP¥) is the official currency of Japan
Japan
. It is the third most traded currency in the foreign exchange market after the United States dollar
United States dollar
and the euro . It is also widely used as a reserve currency after the U.S. dollar, the euro, and the pound sterling . The concept of the yen was a component of the Meiji government's modernization program of Japan's economy; which postulated the pursuit of a uniform currency throughout the country modeled after the European decimal currency system. Before the Meiji Restoration
Meiji Restoration
, Japan's feudal fiefs all issued their own money, hansatsu , in an array of incompatible denominations
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Earnings Before Interest And Taxes
In accounting and finance, EARNINGS BEFORE INTEREST AND TAXES (EBIT), is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income , OPERATING INCOME is sometimes used as a synonym for EBIT and operating profit . EBIT = revenue – operating expenses (OPEX) Operating income = revenue – operating expenses A professional investor contemplating a change to the capital structure of a firm (e.g., through a leveraged buyout ) first evaluates a firm's fundamental earnings potential (reflected by earnings before interest, taxes, depreciation and amortization (EBITDA ) and EBIT), and then determines the optimal use of debt vs. equity. To calculate EBIT, expenses (e.g. the cost of goods sold , selling and administrative expenses) are subtracted from revenues
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Net Income
In business , NET INCOME (TOTAL COMPREHENSIVE INCOME, NET EARNINGS, NET PROFIT, informally, BOTTOM LINE) is an entity's income minus cost of goods sold , expenses and taxes for an accounting period . It is computed as the residual of all revenues and gains over all expenses and losses for the period, and has also been defined as the net increase in shareholders\' equity that results from a company's operations. In the context of the presentation of financial statements , the IFRS Foundation defines net income as synonymous with PROFIT AND LOSS. Net income
Net income
is a distinct accounting concept from profit but the same as net profit. Net income
Net income
can also be calculated by adding a company's operating income to non-operating income and then subtracting off taxes
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Automobile
A CAR (or AUTOMOBILE) is a wheeled motor vehicle used for transportation . Most definitions of car say they run primarily on roads, seat one to eight people, have four tires , and mainly transport people rather than goods. Cars came into global use during the 20th century, and developed economies depend on them. The year 1886 is regarded as the birth year of the modern car, when German inventor Karl Benz built his Benz Patent-Motorwagen
Benz Patent-Motorwagen
. Cars did not become widely available until the early 20th century. One of the first cars that was accessible to the masses was the 1908 Model T , an American car manufactured by the Ford Motor Company
Ford Motor Company
. Cars were rapidly adopted in the US, where they replaced animal-drawn carriages and carts, but took much longer to be accepted in Western Europe and other parts of the world
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Chief Operating Officer
A CHIEF OPERATING OFFICER (COO), also called the CHIEF OPERATIONS OFFICER, is a position that can be one of the highest-ranking executive positions in an organization, comprising part of the " C-Suite ". The COO is responsible for the daily operation of the company , and routinely reports to the highest ranking executive, usually the chief executive officer (CEO). The COO is usually the second in command at the firm, especially if the highest ranking executive is the Chairman
Chairman
and CEO
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President (corporate Title)
The PRESIDENT is a leader of an organization, company, community, club, trade union, university or other group. In many organizations, it is the legally recognized highest "titled" corporate officer, ranking above the various Vice Presidents (e.g. Senior Vice President and Executive Vice President). The president may also be the chairperson . The relationship between the president and the Chief Executive Officer varies, depending on the structure of the specific organization. In a similar vein to the Chief Operating Officer , the title of corporate President as a separate position (as opposed to being combined with a "C-Suite " designation, such as "President and Chief Executive Officer" or "President and Chief Operating Officer") is also loosely defined. The powers of the president vary widely across organizations and such powers come from specific authorization in the bylaws (e.g. the president can make an "executive decision" only if the bylaws allow for it)
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Chief Executive Officer
A CHIEF EXECUTIVE OFFICER (CEO) is the position of the most senior corporate officer, executive , leader or administrator in charge of managing an organization . CEOs lead a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (e.g., Crown corporations ). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the entity, which may include maximizing the share price, market share, revenues, or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, such as reducing poverty, increasing literacy, etc. Titles also often given to the holder of CEO position include president , CHIEF EXECUTIVE (CE), and MANAGING DIRECTOR (MD), as well as REPRESENTATIVE DIRECTOR (RD) in Japan
Japan

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Asset
In financial accounting , an ASSET is an economic resource. Anything tangible or intangible that can be owned or controlled to produce value and that is held by a company to produce positive economic value is an asset. Simply stated, assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset). The balance sheet of a firm records the monetary value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business . One can classify assets into two major asset classes: tangible assets and intangible assets . Tangible assets contain various subclasses, including current assets and fixed assets . Current assets include inventory , while fixed assets include such items as buildings and equipment . Intangible assets are nonphysical resources and rights that have a value to the firm because they give the firm some kind of advantage in the marketplace
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Equity (finance)
In accounting , EQUITY (or OWNER\'S EQUITY) is the difference between the value of the assets and the value of the liabilities of something owed. It is governed by the following equation: Equity = Assets Liabilities {displaystyle {text{Equity}}={text{Assets}}-{text{Liabilities}}} For example, if someone owns a car worth $15,000 (an asset), but owes $5,000 on a loan against that car (a liability), the car represents $10,000 of equity. Equity can be negative if liabilities exceeds assets. SHAREHOLDERS\' EQUITY (or stockholders' equity, shareholders' funds, shareholders' capital or similar terms) represents the equity of a company as divided among shareholders of common or preferred stock . Negative shareholders' equity is often referred to as a shareholders' deficit. Alternatively, equity can also refer to the capital stock of a corporation . The value of the stock depends on the corporation's future economic prospects
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Kabushiki Gaisha
A KABUSHIKI GAISHA (Japanese : 株式会社, lit. "share company") or KABUSHIKI KAISHA, commonly abbreviated KK, is a type of company (会社, kaisha) defined under the Companies Act of Japan . Often translated as "stock company", "joint-stock company", or "stock corporation". CONTENTS * 1 Usage in language * 2 History * 3 Formation * 3.1 Receipt of capital * 4 Structure * 4.1 Board of directors * 4.2 Auditing and reporting * 4.3 Officers * 5 Other legal issues * 5.1 Taxation * 5.2 Derivative litigation * 6 See also * 7 Footnotes * 8 External links USAGE IN LANGUAGEIn English, kabushiki kaisha is usually used while the original Japanese pronunciation is kabushiki gaisha due to rendaku . A kabushiki kaisha must include "株式会社" in its name (Article 6, paragraph 2 of the Companies Act). In a company name, "株式会社" can be used as a prefix (e.g
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Japan
Coordinates : 35°N 136°E / 35°N 136°E / 35; 136 Japan 日本国 Nippon-koku or Nihon-koku Flag Imperial Seal ANTHEM: * " Kimigayo " * 君が代 "His Imperial Majesty's Reign" GOVERNMENT SEAL OF JAPAN * * Go-Shichi no Kiri (五七桐) Area controlled by Japan
Japan
shown in green—claimed, but uncontrolled shown in light green Capital and largest city
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Multinational Corporation
A MULTINATIONAL CORPORATION (MNC) or WORLDWIDE ENTERPRISE is a corporate organization that owns or controls production of goods or services in two or more countries other than their home country. A multinational corporation can also be referred to as a MULTINATIONAL ENTERPRISE (MNE), a TRANSNATIONAL ENTERPRISE (TNE), a TRANSNATIONAL CORPORATION (TNC), an INTERNATIONAL CORPORATION, or a STATELESS CORPORATION. There are subtle but real differences between these three labels, as well as MULTINATIONAL CORPORATION and WORLDWIDE ENTERPRISE. Multinational corporations are criticized as being in lack of ethical standards , and that this shows up in how they evade ethical laws and leverage their own business agenda with capital, and even the military backing off their own wealthy host nation-states
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Hepburn Romanization
HEPBURN ROMANIZATION (ヘボン式ローマ字, Hebon-shiki Rōmaji, 'Hepburn-type Roman letters') is a system for the romanization of Japanese , that is using the Roman alphabet to write the Japanese language. It is used by most foreigners learning to spell Japanese in the Roman alphabet and by the Japanese for romanizing personal names, geographical locations, and other information such as train tables, road signs, and official communications with foreign countries. Largely based on English writing conventions , consonants closely correspond to the English pronunciation and vowels approximate the Italian pronunciation. The Hepburn style (Hebon-shiki) was developed in the late 19th century by an international commission that was formed to develop a unified system of romanization
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Japanese Language
JAPANESE (日本語, Nihongo, or ( listen )) is an East Asian language spoken by about 126 million people, primarily in Japan
Japan
, where it is the national language . It is a member of the Japonic (or Japanese-Ryukyuan ) language family, and its relation to other languages, such as Korean , is debated. Japanese has been grouped with language families such as Ainu , Austroasiatic , and the now-discredited Altaic , but none of these proposals has gained widespread acceptance. Little is known of the language's prehistory, or when it first appeared in Japan. Chinese documents from the 3rd century recorded a few Japanese words, but substantial texts did not appear until the 8th century. During the Heian period (794–1185), Chinese had considerable influence on the vocabulary and phonology of Old Japanese
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Subsidiary
A SUBSIDIARY, SUBSIDIARY COMPANY or DAUGHTER COMPANY is a company that is owned or controlled by another company, which is called the parent company , parent, or holding company . The subsidiary can be a company, corporation , or limited liability company . In some cases it is a government or state-owned enterprise . In some cases, particularly in the music and book publishing industries, subsidiaries are referred to as imprints . In the United States railroad industry, an OPERATING SUBSIDIARY is a company that is a subsidiary but operates with its own identity, locomotives and rolling stock . In contrast, a NON-OPERATING SUBSIDIARY would exist on paper only (i.e., stocks, bonds, articles of incorporation) and would use the identity of the parent company . Subsidiaries are a common feature of business life, and most multinational corporations organize their operations in this way
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