Mitsubishi : Notice Regarding Change in Appointment of Representative Director
March 31, 2021 at 01:02 am EDT
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March 31, 2021
Company Name:
Mitsubishi Corporation
Representative:
Takehiko Kakiuchi, President and CEO
Company Code:
8058
Registered Address: 2-3-1 Marunouchi, Chiyoda-ku, Tokyo, Japan
Direct inquiries to:
Sotaro Harasawa, Press Relations Team
Tel: +81-(0)3-3210-2171
Notice Regarding Change in Appointment of Representative Director
Mitsubishi Corporation hereby announces a change in the position of an incumbent Director. Please refer to details in table below.
1. Directors to Retire
Current
New
Effective Date
Representative Director,
Executive Vice President,
Shinya
Corporate Functional Officer,
Director
March 31, 2021
Yoshida
Business Development for Japan
(Concurrently)
General Manager, Kansai Branch
Representative Director,
Executive Vice President,
Corporate Functional Officer,
Corporate Communications,
Masakazu
Corporate Sustainability & CSR,
Director
March 31, 2021
Sakakida
Corporate Administration, Legal
(Concurrently)
Chief Compliance Officer,
Officer for Emergency Crisis
Management Headquarters
2. Directors to be Appointed
Current
New
Effective
Number of
Date
Shares Held
Representative Director,
Executive Vice President
Executive Vice President
Corporate Functional Officer,
Akira
Corporate Functional Officer,
CDO, CAO, Corporate
April 1, 2021
69,348
Murakoshi
CDO, Human Resources,
Communications,
Global Strategy
Corporate Sustainability &
CSR
3. Reason for Change
The change in the position of the Director is due to the revision of Executive Vice President positions.
(End)
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Disclaimer
Mitsubishi Corporation published this content on 31 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 March 2021 05:01:01 UTC.
Mitsubishi Corporation is a diversified group organized around 10 sectors of activity:
- manufacturing of food and consumer products (29.9% of net sales);
- production of chemicals and petroleum products (19.9%): crude oil, refined products, natural gas, synthetic fiber materials, petrochemicals, fertilizers and specialty chemicals ;
- production and processing of metals (12.6%): iron, steel products and non-ferrous metals;
- mineral resources exploitation (16.5%);
- exploration and production of natural gas (6.7%);
- car manufacturing (5.3%);
- production, transmission and distribution of electricity (5.3%);
- construction of energy infrastructure and industrial facilities (3.3%). The group also sells construction machinery, machine tools, agricultural machinery, elevators, escalators, facility management, ships and aviation equipment;
- development of real estate assets (0.4%);
- other (0.1%).
Net sales break down geographically as follows: Japan (51.8%), the United States (15.5%), Singapore (7%), Australia (6.2%) and other (19.5%).