Mitsubishi Corporation

Corporate History

Corporate History - Since its founding, MC has continued to boldly enter into new fields, contributing to the growth of the international economy. The following is an overview of the history of Mitsubishi Corporation and its major projects spanning over half a century.

1835 to 1947 years
MC has a long history of rising to the challenge. Discover more about the origins of our pioneering spirit through these accounts of Mitsubishi's founder Yataro Iwasaki.
History
Foundation to 1970s
  • In 1954 the new Mitsubishi Shoji was founded, and that same year was listed on both the Tokyo and Osaka stock exchanges.
  • In 1967, the company announced its first management plan.
  • In 1968, the company committed to a large project in Brunei to develop LNG (liquefied natural gas). This was its first large-scale investment. Not content with mere trade-based activities, the company began expanding its development and investment-based businesses on a global scale, as evidenced by iron-ore and metallurgical coal projects in Australia and Canada, and salt field business in Mexico.
  • In 1971, the company made "Mitsubishi Corporation" its official English name.
The Ship-Related Business of the MC Group
Brunei LNG
KFC Japan
ESSA
SHARQ
The 1980s

The 1980s
MC needed to construct new systems to generate profits. The company began streamlining its established businesses and developing more efficient operations.

  • In 1986 the company firmly entrenched a new policy, shifting its focus from operating transactions to profits. That same year a new management plan was drawn up.
  • In 1989, MC was listed on the London Stock Exchange.
The 1990s
  • In 1992, MC announced a new management policy: namely to reinvent the company as a "Sound, Global Enterprise." MC began placing greater focus on its consolidated operations and increasing the value of its assets. More efforts were made to globalize the company's operations and its people.
  • In 1998, MC established "MC2000" which introduced a "Select & Focus" approach to business, strengthened strategic fields, and emphasized customer-oriented policies. The new plan was instrumental in shoring up the company's foundations and paving the way to a prosperous future.
METOR
The 2000s
  • In 2001, MC introduced "MC2003", an aggressive new blueprint for growth, involving an expansion of the company's value chains, a strengthening of its profitability, and focused strategies to create new businesses.
  • In 2004, "INNOVATION 2007" was unveiled which sought to establish MC as a "New Industry Innovator," with an aim to open up a new era and grow hand in hand with society.
  • In 2007, MC newly established the Business Innovation Group and Industrial Finance, Logistics & Development Group.
  • In 2008, MC announced its management plan, "INNOVATION 2009."
  • In 2009, MC systematically reorganized the Business Innovation Group and established its Corporate Development Section.
On-Site Power Generation
Metal One
  • In April, 2010, MC reorganized and enhanced this section through the establishment of two new Groups, the Global Environment Business Development Group and Business Service Group.
  • In July 2010, MC announced a new management plan, "Midterm Corporate Strategy 2012."
  • In May 2013, MC announced a new management plan, "New Strategic Direction-Charting a new path toward sustainable growth-"
Mitsubishi Corporation Urban Development
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