Mitsubishi Corporation (MC) posted recordhigh consolidated net income for the fourth consecutive year in fiscal 2006, achieving a 19% year-on-year rise to ¥415.9 billion. This was the result of improved commodity prices in the resources and energy segments, which led to an especially large increase in profits for the Metals Group, as well as increased prof its for the Machinery and Chemicals groups. >>More

CRO Message

My role as Chief Regional Officer (CRO) is to drive forward the medium- to long-term growth strategies laid out in INNOVATION 2007 from a regional perspective. Essentially, this entails devising regional strategies for the company as a whole and then implementing concrete measures to achieve them. Regional strategies take into account many factors. These include the strategies of each business group, the growth prospects of each country and region, and information from our extensive global network of more than 200 offices. The characteristics of markets and promising domains in each region are also taken into consideration, as is the existence of business partners. >>More

MC's corporate management treats the continual strengthening of corporate governance as an important path towards achieving this because corporate governance forms the foundation for ensuring the soundness, transparency and efficiency of management. The foundation of MC's corporate governance framework is its corporate auditor system and in order to build a more effective corporate governance framework, MC is working to strengthen its oversight function by increasing the number of outside directors and outside corporate auditors and separating the management of the corporation from the execution of operations by introducing an executive officer system. >>More