Dear Friends and Stakeholders,

One year has passed since the Great East Japan Earthquake struck. I offer my prayers to those who passed away in the disaster and my condolences to their families and friends. I would also like to take this opportunity to once again extend deepest sympathies to those who suffered damage in the disaster.

In the belief that it is vitally important to provide support in the wake of the disaster in a swift and sustained manner, in mid April last year, we established the Mitsubishi Corporation East Japan Earthquake Recovery Fund with a total of 10 billion yen, to promote company-wide efforts to restore and revitalize the disaster region. We have utilized this fund to carry out a wide range of initiatives.
At the end of February, I returned to Sendai and surveyed the same areas I visited last April. After seeing encouraging signs such as factories that were ravaged by the tsunami in coastal areas coming on line again, I began to feel that the region was indeed headed toward recovery. Even so, my visit also brought home the difficult path that lies ahead for the region. There are still many problems to address, including the disposal of wreckage, employment for the victims of the disaster, and the reconstruction of their lives.

We recently established the Mitsubishi Corporation Disaster Relief Foundation to make a continued contribution to the revitalization of the disaster region. This foundation will take over activities promoted under our recovery fund, including the disbursement of scholarships to students and grants to organizations such as NPOs and social welfare corporations. It will also promote initiatives to revitalize industry and create jobs.

Finally, with the aim of creating "Sustainable Corporate Value", Mitsubishi Corporation has formulated a three-year management plan, Midterm Corporate Strategy 2012, which covers the year ended March 2011 through the year ending March 2013.
To be of benefit to all of our stakeholders, among which we include our planet as well as our customers, employees, shareholders and creditors, and society, Mitsubishi Corporation's mission is to help solve the problems of Japan and the world through our business activities and create "Sustainable Corporate Value" under our Three Corporate Principles.

March 11, 2012