Mitsubishi Corporation
News and overview for Mitsubishi Corporation
Japan Airlines to seek $2.8 bln debt waiver -Kyodo
Forbes | 42 days 4 hours 15 minutes ago
* JAL eyes Y250 bln debt waiver, Y150 bln capital boost -Kyodo* Considers expanding job cuts to 9,000 from 6,800 -KyodoArticle Controlsemail
Shanghai jumps 4.8%, Nikkei reclaims 10K in Asia - MarketWatch
MarketWatch | 45 days 23 hours 58 minutes ago
Japan's Nikkei 225 Average rose 1.9% to 10,016.39, reclaiming ground above the psychologically-important 10,000-point mark. South Korea's Kospi Composite added 1.9%, Australia's S&P/ASX 200 fell 0.3%, Hong Kong's Hang Seng Index ended flat and Taiwan's Taiex rose 0.9%.
UPDATE 4-JAL seeks $6.7 bln financial rescue package-sources
Forbes | 41 days 17 hours 56 minutes ago
By Taro Fuse and Nobuhiro Kubo TOKYO, Oct 13 (Reuters) - Japan Airlines Corp has asked its creditors for a total of 600 billion yen ($6.7 billion) in financial aid as part of a restructuring plan to revive the loss-making carrier, two sources familiar with the matter said.
JAL seeks $6.7 bln financial rescue package-sources
Forbes | 41 days 18 hours 50 minutes ago
* JAL seeks Y600 bln in aid, capital, loans -sources * Y300 bln in form of debt waiver, equity swap -sourcesArticle Controlsemail
UPDATE 2-JAL to seek $2.8 bln debt waiver, capital boost -media
Forbes | 42 days 1 hour 26 minutes ago
TOKYO, Oct 13 (Reuters) - Japan Airlines Corp plans to ask its creditors to forgive it 250 billion yen ($2.8 billion) in debt and to seek a capital boost of 150 billion yen as part of a new revival plan, Kyodo news agency reported on Tuesday.
KPS Capital Partners' Portfolio Company, Hephaestus Holdings, Completes Acquisition of Substantially All of the Assets of FormTech Industries [Press Release]
PRNewswire | 49 days 20 hours 51 minutes ago
...acquire the North American wheel bearings business of Delphi Corporation in April 2008. HHI now operates twelve manufacturing facilities...Capital Partners, LP and MC Capital Inc., a subsidiary of Mitsubishi Corp. Employing over 2,000 employees, HHI operates twelve...
Gibbs and Associates Announces Partnership With Celeritive Technologies [Press Release]
PRNewswire | 53 days 16 hours 18 minutes ago
MOORPARK, CA, October 1 /PRNewswire-FirstCall/ -- Cimatron Limited
J.D. Power and Associates Reports: Decreased Satisfaction With Ownership Costs and Service Drive Decline in Overall New-Vehicle Ownership Satisfaction in Mexico [Press Release]
PRNewswire | 62 days 16 hours 22 minutes ago
...Toyota Yaris Nissan Tiida Compact Car Highest Ranked: Mazda 3 Mitsubishi Lancer Volkswagen Bora Midsize Car Highest Ranked: Toyota...Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2008...
BHP Billiton workers at Spence mine in Chile on strike, Escondida workers accept deal
Australian, The | 41 days 11 hours 32 minutes ago
UNIONISED workers at BHP Billiton's Chilean copper mine Spence have gone on strike, but Escondida mine workers have accepted a deal.
QNX and Visteon Collaborate to Deliver Digital Instrument Cluster for 2010 Land Rover Range Rover [Press Release]
PRNewswire | 111 days 21 hours 22 minutes ago
...Systems today announced that automotive supplier Visteon Corporation has chosen the award-winning QNX((R)) Neutrino...Fiat, Ford, General Motors, Honda, Hyundai, Mazda, Mitsubishi, Nissan, Saab, Toyota, Volkswagen, and others. Earlier...
Taiwan KYMCO Collaborates with Japan KAWASAKI in Changzhou Hi-Tech District [Press Release]
PRNewswire | 111 days 22 hours 22 minutes ago
CHANGZHOU, China, Aug. 4 /PRNewswire-Asia/ -- KYMCO and KAWASAKI announced the signing of a joint-venture contract in the morning of Aug. 2. Under the contract, KYMCO and KAWASAKI will invest USD10 million dollars to form Changzhou Kawasaki and Kwang Yang Engine Co., Ltd.(CK&K) in the Changzhou National Hi-Tech District (CZND), dedicated to the production of high performance general gasoline engines.
Sony Talks Up 3D TVs, Profits - Reviews by PC Magazine
PC Magazine | 3 days 17 hours 28 minutes ago
Sony pushed back an elusive profit margin target to March 2013, after narrowly failing to meet the goal last year, but it aims to make its video game and TV operations profitable next year.
Honda Civic platform to be smaller, lighter | Wheels.ca
Toronto Star, The | 24 days 1 hour 33 minutes ago
Honda has announced that its next compact Civic platform will be smaller, lighter and more fuel efficient than originally designed.
Waste & Recycling News | Waste Management/Recycling/Landfill Headlines
Waste News | 11 days 17 minutes ago
Southern Power, the subsidiary of Southern Company that acquires, builds, manages and owns wholesale generation assets, acquired the project from American Renewables LLC on Oct. 9 and is now moving ahead with construction. Completion is targeted for the summer of 2012.
Financial incentives key to fighting global warming | Wheels.ca
Toronto Star, The | 10 days 42 minutes ago
MERIDA, Mexico While on non-car business here in the capital of the Mexican state of Yucatan, I couldn't help but notice that when taxi drivers line up to await fares, they turn off their engines, and when it's time to move ahead a few metres, they simply push their cars.
Company Overview
| Company: | Mitsubishi Corporation |
|---|---|
| Industry: | Metals & Mining |
| Website: | http://www.mitsubishicorp.com |
In Japanese "mitsubishi" means "three diamonds," but Mitsubishi Corporation claims six jewels. The "sogo shosha", or trading company, operates through seven main business groups: living essentials (agricultural products, food and beverages, textiles, and construction materials); metals (ferrous and non-ferrous); machinery (power generation equipment, electrical systems, automobiles); energy (liquefied natural gas, crude oil); and chemicals (petrochemicals, fertilizers, plastics). Its two newest business groups include industrial finance, which handles banking, asset management, construction, and logistics, and a business innovation unit, which offers software, telecommunications, and environmental services.
Key Numbers
| Sales in U.S. Dollars (mil.) | 60,736.199 (2008) |
|---|---|
| One-year % Growth in Sales | 40.7 (2008) |
| Net Income in U.S. Dollars (mil.) | 3,678.5 (2008) |
| One-year % Growth in Net Income | 4.3 (2008) |
| Number of Employees | 60,664 (2008) |
| One-year % Growth in Number of Employees | 8.6 (2008) |
| Fiscal Year-End | March |