Mitsubishi Corporation

Corporate History

Foundation to 1970s

  • 1954

    New Mitsubishi Shoji was newly founded and listed on both the Tokyo and Osaka stock exchanges.

  • 1967

    Announced its first management plan.

  • 1968

    Made its first large-scale investment by committing to a large LNG (liquefied natural gas) development project in Brunei.

  • 1971

    Made "Mitsubishi Corporation" its official English name.

MC Library

Our Roots A history of rising to the challenge

MC has a long history of rising to the challenge. Here, we highlight the origins of our pioneering spirit through accounts of Mitsubishi founder Yataro Iwasaki and other members of the Iwasaki family, while also taking a look back over history starting from 1954, when today's MC was first established.

The 1980s to 1990s

  • 1986

    Drew up a management plan and new policy that shifted the company’s focus from operating transactions to profits.

  • 1992

    Announced a management policy to reinvent the company as a "Sound, Global Enterprise." Began placing greater focus on its consolidated operations and increasing the value of its assets.

  • 1998

    Announced "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.

The 2000s

  • 2001

    Introduced an aggressive blueprint for growth titled "MC2003" which involved expanding the company’s value chains, strengthening its profitability, and focusing strategies to create new businesses.

  • 2004

    Unveiled "INNOVATION 2007" which sought to establish MC as a "New Industry Innovator" by accelerating the company’s research and development activities to respond to future strategic fields.

2010s

  • 2010

    Announced "Midterm Corporate Strategy 2012" which sought to strengthen the company’s management platform based on the diversification of business models.

  • 2016

    Released "Midterm Corporate Strategy 2018" with a corporate vision to leverage MC’s ingenuity to create new business models and generate value for societies, thereby developing the highest level of management expertise.

  • 2018

    Announced "Midterm Corporate Strategy 2021."

2020s

  • 2021

    Established "Roadmap to a Carbon Neutral Society."

  • 2022

    MC announced its new three-year management plan entitled, "Midterm Corporate Strategy 2024 - Creating MC Shared Value." This plan sets the goal of continuously creating significant shared value by enhancing the MC Group’s collective capabilities to address societal challenges.

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