Corporate
Mitsubishi Motors traces its origins back to 1870 as part of Tsukumo Shokai, the predecessor of Mitsubishi Heavy Industries. It was in 1917 that Mitsubishi gave the first definite indication of going into full scale automobile production when it launched the ‘Mitsubishi Model-A’ project.In 1970, Mitsubishi Motors was separated from Mitsubishi Heavy Industries, the parent company whereby it became an independent company producing cars, buses and trucks. In 2003 the company evolved again to become a producer of specialized passenger cars and multi utility vehicles.
Mitsubishi Motors is a Fortune 500 company.
Activities
Mitsubishi Motors’ range of activities is:
- Design, development, manufacture and marketing of automobiles and relevant parts and components
- Design, development, manufacture and marketing of agricultural machinery, industrial engines and relevant parts and components
- Purchase, remodeling and marketing of used automobiles and relevant parts and components
- Marketing of measuring equipment
Performance:
In fiscal 2006 Mitsubishi Motors recorded revenues of ¥ 2,120,068 million which was approximately 5.7 % higher than what it was in the last fiscal.The total value of the assets held by Mitsubishi Motors in fiscal 2006 was ¥ 1,557,570 million which was approximately 2 % less than what it was in the last fiscal.
Value of assets over the last 3 fiscals (In million ¥)
Mitsubishi Motors’s net income in fiscal 2006 was ¥ 92,166 million which was approximately 515 % less than what it was in the last fiscal. Net income over the last 3 fiscals (In billion ¥) 
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Infrastructure and CSRMitsubishi Motors’ manufacturing and R&D units are located globally across different countries.In Japan the manufacturing and R&D units are quite well distributed with R&D laboratories in Okazaki, Kyoto, and Tokachi with a design laboratory in Tokyo. In the United States Mitsubishi has a product development and design unit Ann Arbor, Michigan while in Europe it has a R&D and Testing unit in Trebur, Germany. OrganizationMitsubishi Motors is headed by Mr. T. Nishioka who is the Chairman the company.Mitsubishi Motors employs over 34,000 employees worldwide. Mitsubishi Motors’ head office is located at :16-4, Konan 2-chome,Mintao-ku, Tokyo 108-8410 Japan Website: www.mitsubishi-motors.com |
