Mitsubishi Corporation

Integrated Report 2023

Integrated Report 2023

Combining Excellence

Connecting Our Strengths

Mitsubishi Corporation (MC) creates
new value with its stakeholders
by connecting people,
businesses where its strengths lie,
and intelligence.

&

Staying Ahead of the Curve

Even in times of high uncertainty,
MC will remain half a step or
even one step ahead
and respond to changes, making full use
of its unique intelligence.

Contents menu

Message

Message from the President and CEO

We aim to create value unique to MC
that uses our collective capabilities
while focusing on diverse “interconnections.”

Representative Director,
President and CEO Katsuya Nakanishi

Pick up

  • Message from the CSEO
  • Special Feature: History and Strengths of Core Businesses
  • Special Feature: MC’s EX and DX Strategy
  • Management with an Awareness of
    Capital Cost and Share Price

    • Contents

  • 01The Value
    Creation Story
  • 02Midterm Corporate
    Strategy
  • 03Value Creation
    by the Business
    Groups
  • 04Initiatives and
    Systems Supporting
    Sustainable Value
    Creation
  • Data Section

    • 01The Value Creation Story

    This section provides an overview of the value creation process and the Six Capitals that serve as inputs to the process.
    We will also focus on the business assets of the Six Capitals and explain the strengths of MC’s businesses.

  • MC’s Value Creation Process

    MC’s businesses are underpinned by our core investment approach. Learn more about our value creation process and how we generate sustainable returns.
  • MC’s Six Capital Methodology

    MC’s Six Capital methodology ensures that our investments combine economic value creation with social and environmental value creation. This approach forms the basis of our MC Shared Value (MCSV) investment philosophy.
  • History and Strengths of Our Core Businesses

    Learn more about MC’s core businesses and the strategies implemented to generate future value across these assets.
  • A Message from our CAO

    MC’s people strategy is centered around our growth as a dynamic and vibrant organization.
  • Human Capital (Our People Strategy)

    As outlined in our 2024 Midterm Corporate Strategy, we are implementing several people-based initiatives to ensure that we can continue to realize MC Shared Value (MCSV) in a competitive global business environment.
  • Our DE&I Working Group

    MC’s Diversity, Equity, and Inclusion (DE&I) Working Group was established as part of our commitment to being an inclusive workplace.
  • Our Social and Environmental Investment Guidelines

    MC’s social and environmental investment guidelines.
  • Climate Change

    MC’s approach to addressing climate change and the specific initiatives that support our EX strategy.
  • Biodiversity and Environmental Conservation

    Our policy on biodiversity and how we use the TNFD (Taskforce on Nature-related Financial Disclosures) Beta framework to assess, manage and respond to our dependence and impact on nature.

    • 02Midterm Corporate Strategy

    This section describes the progress of Midterm Corporate Strategy 2024 and initiatives related to EX, DX,
    and Creating a New Future, as well as explaining the path to creating MCSV.

  • 2024 Midterm Corporate Strategy Update

    MC’s 2024 Midterm Corporate Strategy outlines our goal to leverage the collective strengths of our businesses to enable value creation.

    Read more for the latest update.
  • MC’s EX and DX Strategies

    The latest on our Energy Transformation (EX) and Digital Transformation (DX) strategies and the path to creating MC Shared Value (MCSV).
  • A Message from our CFO

    MC enables value creation by optimizing capital allocation and leveraging our cyclical growth model.
  • Featured Discussion: Management with a Focus on Cost of Capital and Share Price

    In March 2023 the Tokyo Stock Exchange requested that listed companies “implement management that is conscious of the cost of capital and stock price”. In this featured discussion, our leadership team outlines MC’s response to the TSE’s request, as well as our approach to engaging with investors and other stakeholders.

    • 03Value Creation by the Business Groups

    This section introduces the specific initiatives of each Business Group
    that perform as an engine in producing “value,” the outcome of the value creation process.

    Business Groups × Business Models × Strategies
  • Natural Gas
    Group
  • Industrial Materials
    Group
  • Chemicals Solution
    Group
  • Mineral Resources
    Group
  • Industrial
    Infrastructure
    Group
  • Automotive & Mobility
    Group
  • Food Industry
    Group
  • Consumer Industry
    Group
  • Power Solution
    Group
  • Urban Development
    Group
  • Business Groups at a Glance
    •

    04Initiatives and Systems
    Supporting Sustainable Value Creation

    This section describes how MC will adapt to changes in the business environment amid increasing uncertainty,
    and the systems that will support this adaptation.

  • Sustainability Promotion Framework
  • Corporate Governance
  • Risk Management

    • Data Section

  • Management
  • Shareholder Information
  • Organizational Structure
  • Global Network
    (Countries and Regions)
  • Breakdown of Major
    Country Risks
  • Financial Highlights
  • Equity in Earnings of
    Subsidiaries and Affiliates
  • ESG Data
  • Corporate Information
    • PAGE TOP