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Working to Develop Low-Carbon Housing


Terrace Toyocho Nextower

In today's world, it is increasingly important to promote business that reflects consideration for the environment. In the Mitsubishi Corporation, we are actively pursuing the development of eco-friendly housing in various ways, such as by utilizing Corporate Development funds to promote research on low-carbon housing.
These efforts have already begun to produce results, such as at Terrace Toyocho Nextower in Tokyo. The new high-rise condominium, which commenced sales last autumn, realizes a 27% reduction in CO2 compared to emission standards used under a CASBEE* evaluation.
Specifically, our unit is seeking to promote eco-friendly development in three ways: (1) curbing CO2 emissions through various means, such as the adoption of highly energy-efficient facilities; (2) increasing greenery and creating better living environments; and (3) minimizing waste by using recycled materials and utilizing water-saving equipment in order to conserve limited natural resources.
Mitsubishi Motor's new-generation electric vehicle, the i-MiEV, will also be used at Terrace Toyocho Nextower as part of a car sharing project. In this way, we are striving to promote innovative efforts in low-carbon housing through an approach that encompasses both soft and hard infrastructure development.

*CASBEE (Comprehensive Assessment System for Built Environment Efficiency) is a tool for assessing the environmental performance of buildings.

Please see the website for useful information related to housing in detail.
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First full-scale entry in the insurance-linked assets business by a Japanese company

First full-scale entry in the insurance-linked assets business by a Japanese company

In April 2009, Pentelia Diamond Capital Management Ltd., an insurance and investment manager, was established along with Pentelia Capital Management.
This joint venture with Pentelia, an influential player in the area of insurance-linked assets, which are expected to grow further in the future, enabled the first full-scale entry in the insurance-linked assets business by a Japanese company.
As financial instruments linked to insurance contracts and insurance risks have a low correlation with other instruments such as stocks, corporate bonds and FX, investors looking to diversify their portfolio are focusing their attention on insurance-linked assets.
Mitsubishi Corporation Capital Ltd., a wholly owned subsidiary of Mitsubishi Corporation, is assembling financial instruments dealing with natural disaster risks in Japan as well as investor subscriptions.

Mozo Wondercity Opens in Nagoya

Mozo Wondercity Opens in Nagoya

Mitsubishi Corporation(MC) and AEON Mall Co. have been jointly working on the redevelopment of a shopping center in Nagoya since November 2007, and the new shopping center, named Mozo Wondercity, opened on April 21, 2009. With leading Japanese retailer JUSCO as its anchor store, Mozo Wondercity is Nagoya's largest mall, boasting approximately 230 shops and upwards of 5,000 parking spaces. It aims to attract 17 million shoppers in its first year.
The former Diamond City Co. opened a shopping center called "Wondercity" in the same location in 1994, but plans to redevelop the facility and create a new "Wondercity" were drawn up in order to respond to the changing needs of the surrounding community. The project, which is MC's largest investment project to be executed as a securitized development*, allowed MC to fully demonstrate its far-reaching capabilities in project development and finance. The project's developers are eager to see the shopping center lay down roots and grow together with the local community. These sentiments are reflected in the mall's new logo, which features a baby plant, as well as in the name of the shopping center, with the word "mozo" describing the sound something makes when it starts to move or is stirred to life.
Please see the website in detail. Open in new windowwww.mozo-wondercity.com

*A method of finance involving the securitization of real estate that is under development.

Mitsubishi Corporation Advertisements "The Spirit Within Us" Series 2 - A Future Community - A Future Environment “mozo wondercity”

Video presentation related to this matter.

A Future Community - A Future Environment “mozo wondercity”

From "The Spirit Within Us" Series 2

Establishment of "Marunouchi Capital Co., Ltd."
investment fund management company

Establishment of "Marunouchi Capital Co., Ltd." investment fund management company

In April 2008, MC established Marunouchi Capital Co., Ltd. (Marunouchi Capital), an investment fund management company, as a joint venture with Mitsubishi UFJ Financial Group, Inc. The two companies also committed a total of 100 billion yen in investment capital for the establishment of buyout funds by this venture.

Marunouchi Capital will use various investment methods to meet financing needs that arise from industry realignments, non-core business spin-offs, growth capital, joint investments, etc. mainly by domestic companies and corporate divisions. It will have the capacity to make large investments, be backed by the credibility of the Mitsubishi Group and boast the capability to provide solutions both as a business enterprise and as a financial institution. And, by building stable relationships of trust with the management teams of invested companies, Marunouchi Capital aims to realize the potential values and strengths innate in these companies to secure investment returns.

Marunouchi Capital's first investment was effected in June 2009 when it acquired 15% of the common stock of TOMY COMPANY, LTD., embarking on efforts to support the improvement of its profitability through the infusion of consolidated managerial know-how, as well as the strengthening and expansion of its content business and acceleration of its global development.

Developing the domestic and overseas leasing business

Developing the domestic and overseas leasing business

The Industrial Finance, Logistics & Development Group is fortifying its leasing business through a reorganization of its automobile leasing operations via Mitsubishi Auto Leasing Holdings Corporation, a joint venture between MC and Mitsubishi UFJ Lease & Finance Company Limited (Mitsubishi UFJ Lease), and stronger ties with Mitsubishi UFJ Lease as a result of a capital increase effectuated in April 2008.

Overseas, MC established a general leasing business venture in Saudi Arabia with Mitsubishi UFJ Lease and local partner companies in April 2008. In November, MC invested in a major automobile leasing company in Turkey giving it entry in the automobile leasing business in that country.

The Group will continue to expand its leasing business base both in Japan and overseas.

Establishment of "MC Aviation Partners, Inc." aircraft leasing company

Establishment of "MC Aviation Partners, Inc." aircraft leasing company

In August 2008, MC Aviation Partners, Inc. was established as the core company in MC's aircraft leasing operations.

Based on knowledge obtained through many years in the aircraft-related business transactions, the company is engaged in aircraft leasing in close contact with the airline industry as well as aircraft asset management services. The company currently holds the largest aircraft lease assets in Japan, worth about 200 billion yen, and plans to expand its aviation-related business into a one-stop shop service offering a complete line that includes aircraft leasing operations, airline equipment marketing, etc.

Construction of "Bow Bells House"

Construction of "Bow Bells House"

In December 2007, MC completed construction of "Bow Bells House", an office and commercial retail complex in London. This project consisted of the redevelopment into an office and commercial retail complex of an MC owned land and buildings located adjacent to historic St. Mary-le-Bow Church in collaboration with Mitsubishi Estate Company, Limited.

Mitsubishi Corporation LT, Inc.

Mitsubishi Corporation LT,Inc

MCLDGI provides high-quality distribution on a global scale using its network that is centered in Japan and spans globally to such as China, the rest of Asia, Europe and the United States. With more than 10 domestic and 50 overseas bases, it responds seamlessly to the global transactions of our expanding client base. Its strength is meticulous responsiveness to our clients' varying needs using the know-how and execution ability that have been cultivated through years of experience, and it aims to provide total logistics solutions that solve our clients' distribution problems.

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