Mitsubishi

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Mitsubishi Corporation (NYSE: MSBHF) is one of Japan's largest trading companies and a core member of the Mitsubishi Group. Founded in 1870, Mitsubishi has evolved from a shipping firm into a global conglomerate with operations spanning multiple industries.

The company operates through several business segments:

  • Natural Gas: Develops LNG projects and trades natural gas

  • Industrial Materials: Trades metals, minerals, and other industrial materials

  • Petroleum & Chemicals: Trades crude oil, petroleum products, and petrochemicals

  • Mineral Resources: Invests in and operates mining projects

  • Industrial Infrastructure: Provides infrastructure-related services and equipment

  • Automotive & Mobility: Involved in automobile manufacturing, sales, and related businesses

  • Food Industry: Procures and distributes food products globally

  • Consumer Industry: Operates retail businesses and provides consumer goods/services

  • Power Solution: Develops and operates power generation projects

  • Urban Development: Develops and operates real estate properties

In recent developments, Mitsubishi announced strong first quarter 2024 sales, up 35.7% year-over-year. The Outlander SUV remains the company's top seller, with sales up 41.1% compared to Q1 2023. In August 2023, Mitsubishi joined a partnership with Nissan and Honda to jointly develop electric vehicles and related technologies. The company aims to accelerate its electrification efforts, with targets for electrified vehicles to account for 50% of global sales by 2030 and 100% by 2035.

HQ Location:
3-1, Marunouchi 2-Chome Chiyoda-ku Tokyo JPN
Founded year:
1950
Employees:
10,000+
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