Company Profile For Mitsubishi Corporation

Mitsubishi Corporation (8058.T) (Tokyo Stock Exchange)
sector: Industrials · industry: Industrial Conglomerates ·
As of  6:00am GMT
1,934JPY
Price Change
+43
Percent Change
+2.27%
 
 
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Overview

Mitsubishi Corporation is a Japan-based general trading company. The Company has over 200 bases of operations in approximately 80 countries around the world. The Company operates in seven business groups: Business Innovation Group; Industrial Finance, Logistics & Development Group; Energy Business Group; Metals Group; Machinery Group; Chemicals Group and Living Essentials Group. In November 2008, the Company announced that it divested 51% stake in ITS Business Applications, Inc., a wholly owned subsidiary, which is engaged in provision of Electronic Toll Collection System (ETC)-related services, to PARK24 Co., Ltd. In October 2009, Singapore Telecommunications announced that its wholly owned subsidiary, SCS Computer Systems Pte Ltd., purchased from Azalea Technology Investments, Inc. (Azalea), BPI Computer Systems Corporation, Mitsubishi Corporation and a 21% interest in Ayala Systems Technology, Inc.

Quick Financial Synopsis

BRIEF: For the six months ended 30 September 2009, Mitsubishi Corporation's revenues fell 40% to Y2.183T. Net income fell 53% to Y137.42B. Revenues reflect lower sales especially from energy and metals business segments due to lower spending from customers. Net income also reflects higher percentage of selling, general & admin expenses, decreased dividend income as well as significantly reduced equity gains.

Company Address

Mitsubishi Corporation
3-1 Marunouchi 2-chome
Chiyoda-ku   TKY   100-8086
P: +813.32102121
F: +813.32108583

Total Employees

60039

Find Out More About 8058.T

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