MITSUBISHI CORPORATION

Direct Answer: Trading Company

Mitsubishi Corporation (Philippines) is a wholly owned subsidiary of Mitsubishi Corporation, a global integrated business enterprise headquartered in Tokyo, Japan. It functions as the local representative and operational hub for its parent company's diverse business activities within the Philippines.

Nature of Business:

Mitsubishi Corporation (Philippines) primarily operates as a trading company and an investor across a broad spectrum of industries. While Mitsubishi Corporation globally has investments in and manages numerous manufacturing facilities through its various subsidiaries and joint ventures, the Philippine entity itself does not function as a direct manufacturing factory. Instead, its core activities include:

Trading: Facilitating the import and export of a wide array of products and commodities, such as machinery, chemicals, energy resources, metals, food products, and consumer goods.

Project Development: Engaging in the initiation, development, and management of large-scale projects, particularly in sectors like power generation, infrastructure, and industrial plants.

Investment: Strategically investing in and nurturing various businesses and industries within the Philippines, often through partnerships and joint ventures with local enterprises, to drive economic growth and create value.

Business Incubation: Identifying and cultivating new business opportunities and technologies that align with the country's development needs.

In essence, Mitsubishi Corporation (Philippines) acts as a crucial link, connecting global resources, technologies, and expertise with the specific demands and opportunities of the Philippine market. It plays a significant role in various sectors of the Philippine economy through its comprehensive business activities, rather than operating as a standalone manufacturing plant.

Mitsubishi Corporation in the Philippines is involved in the sale, distribution, and development of a wide range of products and services across various sectors. These include:

Automotive Products

Passenger cars such as Mirage, Xpander, Montero Sport, and Strada

Commercial vehicles like the L300

Industrial Machinery and Equipment

Power generation equipment

Industrial plant equipment

Construction machinery through affiliates

Electrical and Electronic Products

Air conditioning systems for residential and commercial use

Elevators and escalators

Industrial automation products

Visual information systems

Chemicals and Materials

Trading of various chemical products

Steel products and other metals

Energy

Petroleum products

Involvement in Liquefied Natural Gas (LNG) related projects

Food and Consumer Products

Trading and distribution of food products

General merchandise

Infrastructure and Logistics

Development and operation of power projects

Logistics services

Urban development projects