TOKYO, May 27, 2013 - Mitsubishi Motors Corporation(MMC), Mitsubishi Corporation(MC), Yoma Strategic Holdings Ltd(YSH) and First Myanmar Investment Co., Ltd(FMI) wish to jointly announce that YSH and FMI have opened the first Mitsubishi Motors After-Sales Service Center in Yangon, Myanmar.

 

The Service Center began operations on 20 May at 104A Yadanar Myaing Road, Kamaryut Township, Yangon and the opening ceremony was held on 27 May 2013. YSH and FMI are currently overseeing the operations.

 

The Service Center has six work stations and its operations is supervised by a resident technical advisor from MMC, who also provides training to local technicians. The Service Center uses genuine Mitsubishi Motors spare parts in its offering of general maintenance and repair services.

 

MMC, MC, YSH and FMI plan to establish Mitsubishi Motors Service Centers in Mandalay and Nay Pyi Taw in the future.

 

Myanmar has economic potential to become one of the largest and most important markets in Asia and the ASEAN region. MMC would like to build and strengthen its brand image by establishing the after sales service network.

 

(1) Head office: 33-8, Shiba 5-chome, Minato-ku, Tokyo108-8410, Japan

(2) Year of establishment: April, 1970

(3) Capital: JPY 657 billion

(4) Main business activities: Development, design, manufacture, assembly, sales and purchase, importing and other transactions relating to automobiles and to component parts and replacement parts of said automobiles. Development, design, manufacture, assembly, sales and purchase, importing and other transactions relating to agricultural machinery and industrial engines and to component parts and replacement parts of said agricultural machinery and industrial engines, etc.

(5) Sales: JPY 1,851 billion (Consolidated basis, for the year ended March 31, 2013)

(6) Number of employees: 29,822 (Consolidated basis, as of March 31, 2013)

(7) Representative: Osamu Masuko, President

 

(1) Head office: 3-1, Marunouchi 2-Chome, Chiyoda-ku, Tokyo, 100-8086, Japan

(2) Year of establishment: April 1950

(3) Capital: JPY 204 billion

(4) Main business activities: Mitsubishi Corporation (MC) is a global integrated business enterprise that develops and operates businesses across virtually every industry including industrial finance, energy, metals, machinery, chemicals, foods, and environmental business. MC's current activities are expanding far beyond its traditional trading operations as its diverse business ranges from natural resources development to investment in retail business, infrastructure, financial products and manufacturing of industrial goods.

(5) Sales: JPY 20,207 billion (Consolidated basis, for the year ended March 31, 2013)

(6) Number of employees: 65,289 (Consolidated basis, as of September 30, 2012)

(7) Representative: Ken Kobayashi, President and Chief Executive Officer

 

(1) Head office: Fuji Xerox Towers #25-05, 80 Anson Road, Singapore 079907

(2) Year of establishment: August, 2006

(3) Main business activities: Yoma Strategic Holdings Ltd. is a leading business corporation with real estate, agriculture and automobile dealership businesses in Myanmar and the People’s Republic of China. Together with its partner, the SPA Group, the Group is taking a conglomerate approach to build a diversified portfolio of businesses in Myanmar.

(4) Representative: Serge Pun, Executive Chairman

 

(1) Head office: FMI Centre, Level 10 & 11, 380, Bogyoke Aung San Road, Pabedan Township, Yangon, Myanmar

(2) Year of establishment: 1992

(3) Main business activities: FMI is one of Myanmar’s leading public companies. With over 4,700 individual shareholders, FMI is an investment holding company that boasts a balanced portfolio of investments in 7 different spheres of businesses, including financial services, real estate and automobile distribution. The company is an entity within the SPA Group.

(4) Representative: Serge Pun, Chairman