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Mitsubishi Motors Considering Building Vehicles In Myanmar - Nikkei
Mitsubishi Motors North America, Inc Reports Q2 2020 Sales Of 12,197 Vehicles, Down 58%
Mitsubishi CEO Says May Need To Be Ready For Longer-Than-Expected Battle Against Economic Fallout From Coronavirus Pandemic
Mitsubishi Corporation manufactures and markets a range of products, including energy, metals, machinery, chemicals and living essentials. The Company operates in seven business segments include Global Environment Infrastructure segment, which engages in business related electricity, water, transportation and others; New Industrial Finance segment, which engages in corporate investment, leasing, real estate and urban development and others; Energy segment, which engages in natural gas, oil production development business, liquefied natural gas (LNG) business and others; Metal segment, which engages in trading, development and investment in the fields, including steel products; Machinery segment, which handles sales, finance and logistics across various sectors in which it also invests; Chemical segment, which trades chemical products in a range of fields; Life Industry segment, which provides products and services, develops businesses and invests in various fields.
Oil & Gas Operations
2F, Marunouchi Park Bldg.
Chairman of the Board
President, Representative Director
Chief Financial Officer, Managing Executive Officer, Representative Director
Executive Officer, Director of Finance
Chief Compliance Officer, Managing Executive Officer, Chief Director of Emergency Crisis Measures, Representative Director
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Japanese trading house Mitsubishi Corp said it had a difficult first quarter as net profit plunged 77% due to the coronavirus pandemic, which it said is likely to wipe 300 billion yen ($2.8 billion) off its full-year profit.
Japanese trading house Mitsubishi Corp reported on Thursday a 77% plunge in net profit for the April-June quarter and predicted annual profit will tumble by 63% as the COVID-19 outbreak will wipe out 300 billion yen ($2.8 billion) in profit.
The new CEO of French carmaker Renault said on Thursday he was confident that his firm's troubled alliance with Japanese partners Nissan and Mitsubishi would demonstrate that it was valuable for all sides.
* NEUROSCIENTIFIC BIOPHARMACEUTICALS LTD - SIGNED MANUFACTURING SERVICE AGREEMENT WITH MITSUBISHI CORPORATION
Japanese conglomerate Mitsubishi Corp could potentially take a 10% stake in French carmaker Renault as part of scenarios being discussed to reinforce an alliance between Renault, Nissan and Mitsubishi Motors, Les Echos newspaper reported on Thursday.
Japanese trading house Mitsubishi Corp <8058.T> and Chubu Electric Power <9502.T> said on Wednesday that they have completed a 4.1 billion euro ($4.5 billion) acquisition of Dutch energy firm Eneco on March 24.
Carlos Ghosn, the fugitive former auto executive, used a joint venture between Nissan and Mitsubishi to inflate his pay, effectively clawing back a cut to his declared wages, and to cover a personal tax debt, lawyers for the companies said on Monday.
Nissan informed a Dutch court on Monday that it would request that former boss Carlos Ghosn repay the compensation he received from its Dutch-based joint venture with Mitsubishi, a source close to the Japanese carmaker said.
* Oil trading loss, weaker prices of chemicals and coking coal dent 9-mth earnings
Japanese trading house Mitsubishi Corp <8058.T> is closely watching the development of a spreading coronavirus in China as it will affect the global economy and prices of natural resources, its chief financial officer said on Wednesday.
Renault and its Japanese partners Nissan and Mitsubishi said on Thursday that their plans to set up a new framework would make their alliance stronger and more competitive.
Japanese carmaker Mitsubishi is being probed by German prosecutors for suspected use of illegal defeat devices installed in its diesel engines, the Frankfurt prosecutor's office said on Tuesday.
French carmaker PSA on Wednesday appointed two executives it recently recruited from the Renault-Nissan-Mitsubishi alliance to head up its DS and Citroen brands, and named them to its global executive committee.
Digital mapping company HERE Technologies sold a 30% stake to Mitsubishi Corp <8058.T> and Nippon Telegraph and Telephone Corp (NTT) <9432.T>, diluting German carmakers' stake to 54% amid uncertainty about the profit potential from autonomous cars.
Digital mapping services provider HERE Technologies said on Friday Japan's Mitsubishi Corp and Nippon Telegraph and Telephone Corp (NTT) would jointly buy a 30% stake in the company.
Royal Dutch Shell, Mitsubishi Corp and Trafigura presented bids for a contract to lift some 20.2 million barrels of Ecuadorean crude between 2020 and 2023, the Andean country's energy minister told reporters on Tuesday.
Renault-Nissan-Mitsubishi said on Friday that in coming days it planned to appoint a General Secretary for the alliance in a bid to boost operational efficiency.
A group led by Japan's Mitsubishi Corp will buy Eneco in a deal valuing the Dutch energy firm at 4.1 billion euros ($4.52 billion), Eneco said on Monday, beating off rival bids from Shell and private equity firm KKR.
Eneco, the Dutch energy company owned by 44 cities, has agreed to be purchased by a consortium led by Japan's Mitsubishi Corp in a deal that values it at 4.1 billion euros ($4.52 billion), it said on Monday.
About three years ago, Japanese oil trading firm Petro-Diamond Singapore (PDS) relocated to a bigger office in the 41-storey Millenia Tower as parent Mitsubishi Corp <8058.T> started combining its Tokyo trade operation with that in the city state.
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