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Home > Company Index > Conglomerates > Conglomerates > Mitsubishi Group

Mitsubishi Group
 NEWS FROM THE STANDARD
Shutterfly Gets 2 Picture-Perfect Deals
Feb 12 2001 05:28 AM PST

 PROFILE
"Mitsubishi" means "three diamonds" in Japanese, but Mitsubishi also means products of every description. Mitsubishi is one of Japan's top "keiretsu" (collection of historically affiliated companies with no official status as a group). It's primary units are Mitsubishi Heavy Industries (Japan's #1 maker of heavy machinery), the Bank of Tokyo-Mitsubishi, and Mitsubishi Corporation, a leading trading company, or "sogo shosha". Mitsubishi's more than 40 major companies make everything from steel and power plants to cars, chemicals, clothing, consumer electronics, and textiles. Like a diamond, the Mitsubishi companies were put under extreme pressure by Asia's economic crisis, and are restructuring to recover.

 COMPETITION
ITOCHU Corporation (ITOCY)
Marubeni Corporation (MARUY)
Mitsui Group (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: March
1999 Sales (mil.): 115,024.40
1-Yr. Sales Growth: (3.3)%
Employees: 11,650
Revenue per employee: $9,873,339.06

 KEY PEOPLE
• Mikio Sasaki
    CEO
• Koji Furukawa
    CFO

 CONTACT INFO
Mitsubishi Corporation,
Tokyo 100-8086, Japan
Phone: 81-332-2121
Fax: 81-332-8935
Online: Web Site

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