Dear Friends and Stakeholders,

It has now been two years since the Great East Japan Earthquake struck off the coast of Tohoku. The afflicted regions are still recovering. It will be some time before things can be restored to normal and support is still needed. MC responded swiftly in the wake of the disaster, and in March 2012 we established the Mitsubishi Corporation Disaster Relief Foundation. Since then, the foundation has been involved in numerous projects to revitalize industry and boost job creation. MC intends to continue working with local banks, NPOs, and other organizations to assist in the recovery efforts, and will do all we can to provide sustainable support.

MC itself has reached another turning point. "Midterm Corporate Strategy 2012" runs until March 2013, and until then our objectives have been to leverage and solidify the MC Group's diversified business portfolio, creating sustainable corporate value in the process. We have been quite successful in that respect, taking steps to upgrade our management frameworks and infrastructure. The "reshaping of our company" is an ongoing process, and change will always present new challenges. But today we are not just changing. We are evolving. Nowadays the identity of sogo shoshas and the value they create are once again being called into question. I am now conceiving our next midterm plan, which will rethink MC's business models in order to maximize "Sogo Shosha Value".

Underpinned by the spirit of our "Three Corporate Principles", our mission is to leverage business to help solve problems in Japan and around the world, and thereby benefit all of MC's stakeholders, including customers, employees, shareholders, creditors, society, and the planet itself. We remain dedicated to supporting sustainable development in communities all over the world.

Mitsubishi Corporation Disaster Relief Foundation

March 2013