Mitsubishi Motors Automobile Parts 6G7 Fact0209
User Manual: Mitsubishi Motors Automobile Parts 6G7
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FACTS & FIGURES 2002
FACTS & FIGURES 2002
Mitsubishi Motors Corporation produces FACTS & FIGURES annually to assist
those in the press and media covering, and those engaged in research into and
analysis of, the automobile industry.
In response to suggestions and requests over the past year, FACTS & FIGURES
2002 has been revamped to provide additional numerical data and to make data
easier to find. With the emphasis on providing relevant numerical information,
FACTS & FIGURES 2002 presents data classified by region and by model
separately for MMC Car and for Truck & Bus operations over the last five years.
MMC hopes that FACTS & FIGURES 2002 will be of assistance and value.
Any suggestions as to how it may be improved will be welcomed.
October 2002
Public Relations Dept.
MMC is on the World Wide Web at the following URL
http://www.mitsubishi-motors.co.jp/
Contents
1
MMC at a glance ——————————— 2
Corporate profile, major shareholders, principal management
indices, global production and sales figures
Car operations ———————————— 4
Net sales, production and sales volume by region -------------- 4
Production models by region-------------------------------------- 6
Activities by region ------------------------------------------------- 8
Japan ------------------------------------------------------------- 8
North America --------------------------------------------------- 12
Europe ------------------------------------------------------------ 14
Asia --------------------------------------------------------------- 16
Other -------------------------------------------------------------- 22
Products over the years ------------------------------------------- 24
(See page 48 for derivation of model names)
Truck & bus operations ———————— 26
Net sales, production and sales volume (exports) by region --- 26
Production models by region-------------------------------------- 26
Activities by region ------------------------------------------------- 28
Japan ------------------------------------------------------------- 28
North America --------------------------------------------------- 29
Europe ------------------------------------------------------------ 29
Asia --------------------------------------------------------------- 30
Other regions ---------------------------------------------------- 30
Products over the years ------------------------------------------- 32
(See page 48 for derivation of model names)
Environmental stewardship ——————— 34
Motorsport —————————————— 36
Major alliances and contracts —————— 38
Subsidiaries and affiliates ———————— 42
Milestones —————————————— 46
Executive officer
career summaries ————— Provided separately
MMC at a glance
MMC at a glance
2
Corporate profile
Name: Mitsubishi Motors Corporation
Established: 22 April 1970
Head office: 33-8 Shiba 5-chome, Minato-ku, Tokyo Japan 108-8410
Number of employees: Consolidated, 63,143; Non-consolidated, 18,498
Capitalization: JPY 252,201,223,926
Purposes of incorporation: 1. Development, design, manufacture, assembly, sales and purchase, importing and other transactions
relating to automobiles and to component parts and replacement parts of said automobiles.
2. Development, design, manufacture, assembly, sales and purchase, importing and other transactions
relating to agricultural machinery and industrial engines and to component parts and replacement
parts of said agricultural machinery and industrial engines.
3. Sales and purchase of used automobiles as well as component parts, replacement parts and
accessories of said used automobiles.
4. Sales of measuring equipment.
5. Acting as insurance agents in accordance with laws relating to property damage insurance
and to automobile damage indemnity insurance.
6. Financing business.
7. Any other business related to the purposes set out above.
Note: MMC is not currently engaged in agricultural machinery related business.
Shareholder Address Shares held Holding as percentage
(쎹 1,000) of all issued stock
DaimlerChrysler AG Epplestrasse 225, 70546 Stuttgart, Germany 499,856 34.00*
Mitsubishi Heavy Industries, Ltd. 5-1Marunouchi 2-chome, Chiyoda-ku, Tokyo 219,871 14.96
Mitsubishi Corporation 6-31Marunouchi 2-chome, Chiyoda-ku, Tokyo 77,354 5.26
Capital Guardian Trust Company 15F 11100 Santa Monica Avenue, Los Angeles, 67,920 4.62
California 90025 U.S.A.
DaimlerChrysler MMC Epplestrasse 225, D-70567, Stuttgart, Germany 48,516 3.30*
Beteiligungsgesellschaft mbH
The Bank of Tokyo-Mitsubishi, Ltd. 7-1Marunouchi 2-chome, Chiyoda-ku, Tokyo 43,026 2.93
The Mitsubishi Trust & 11-1Nagatacho 2-chome, Chiyoda-ku, Tokyo 37,713 2.57
Banking Corporation
NIHON Trustee Service Trust & 8-1 Harumi 1-chome, Chuo-ku, Tokyo 19,245 1.31
Banking Corporation Trust Account
Meiji Life Insurance Company 1-1Marunouchi 2-chome, Chiyoda-ku, Tokyo 18,995 1.29
The Chase Manhattan Bank N.A. Woolgate House, Coleman Street, London 18,329 1.25
London S.L. Omnibus Account EC2- 2HD, UK
Total 1,050,825 71.48
*DaimlerChrysler Group has a total holding of 37.3%
Major shareholders
(As at 31 March 2002)
(As at 31 March 2002)
MMC at a glance
3
Consolidated operations
1997 1998 1999 2000 2001
Net sales 3,735,228 3,512,606 3,334,974 3,276,716 3,200,699
Operating profit 3,197 55,944 22,473 (73,865) 40,227
Ordinary profit (54,520) (4,176) (3,758) (94,057) 11,863
Net income (101,846) 5,668 (23,331) (278,139) 11,256
Total assets 3,370,526 3,060,385 2,784,119 2,981,668 2,894,560
Number of consolidated companies 163 165 189 184 182
Number of equity method subsidiaries 54 54 38 34 32
Number of employees — — 65,485 62,887 63,143
Principal management indices
MMC in-house classification
1997 1998 1999 2000 2001
Production
Japan Passenger cars 1,023,050 982,449 903,865 857,102 729,167
volume
Trucks & buses 152,232 110,163 97,877 102,912 85,448
Total 1,175,282 1,092,612 1,001,742 960,014 814,615
Other Passenger cars 743,340 561,050 684,221 781,343 798,820
regions Trucks & buses 52,501 21,691 26,818 43,549 46,184
Total 795,841 582,741 711,039 824,892 845,004
Global Passenger cars 1,766,390 1,543,499 1,588,086 1,638,445 1,527,987
Trucks & buses 204,733 131,854 124,695 146,461 131,632
Total 1,971,123 1,675,353 1,712,781 1,784,906 1,659,619
Sales Japan Passenger cars Domestic 527,506 525,536 509,115 449,372 403,994
volume Import 6,540 3,120 977 589 0
Trucks & buses 95,766 74,986 67,320 69,625 63,997
Total 629,812 603,642 577,412 519,586 467,971
Other Passenger cars 1,080,597 971,628 1,044,519 1,165,680 1,152,695
regions Trucks & buses — — — — 77,685
Total — — — — 1,230,380
Global Passenger cars 1,614,643 1,500,284 1,554,611 1,615,641 1,556,689
Trucks & buses — — — — 141,682
Total —— — —
1,698,371
Global production and sales volumes
Non-consolidated operations
1997 1998 1999 2000 2001
Net sales 2,500,614 2,333,971 2,106,552 2,012,690 1,848,684
Operating profit (15,512) 21,750 13,435 (85,266) 16,701
Ordinary profit (22,157) 5,231 6,336 (82,350) 4,725
Net income (25,656) 22,138 515 (356,897) (70,509)
Total assets 1,724,254 1,637,233 1,599,373 1,797,265 1,599,566
Number of employees 27,324 26,749 22,666 21,076 18,498
JAMA classification
1997 1998 1999 2000 2001
Production
Japan Passenger cars 774,091 785,494 743,244 695,916 624,404
volume
Trucks & buses 401,191 307,118 258,498 264,098 190,211
Total 1,175,282 1,092,612 1,001,742 960,014 814,615
Other
regions Total 795,841 582,741 711,039 824,892 845,004
Global Total 1,971,123 1,675,353 1,712,781 1,784,906 1,659,619
Sales Japan Passenger cars 329,814 334,170 316,659 287,367 282,729
volume Trucks & buses 299,998 269,472 260,753 232,219 185,242
Total 629,812 603,642 577,412 519,586 467,971
Other
regions Total — — — — 1,230,380
Global Total — — — — 1,698,351
Note (1): While figures given are for the fiscal year as it applies to a particular country — April to March in Japan; January to December in U.S.A. — there
are exceptions to this rule.
Note (2): While sales volumes normally reflect retail sales, wholesale sales or shipments are used for certain countries.
Note (3): The JAMA classification includes imports in sales volume
(Units: JPY million; companies; people)
(Units: JPY million; companies; people)
(Unit: vehicles)
(Unit: vehicles)
4
Net sales, production and sales volume by region
4
1997 1998 1999 2000 2001
Japan Net sales ———719,358 621,793
Production volume 1,023,050 982,449 903,865 857,102 729,167
Sales volume 527,506 525,536 509,115 449,372 403,994
North America Net sales ———887,396 869,305
Production volume 189,081 157,043 159,853 222,390 193,744
Sales volume 189,163 190,515 261,254 314,417 322,393
Europe Net sales ———375,277 524,991
Production volume 82,544 90,678 121,849 78,542 79,261
Sales volume 251,220 277,206 282,794 258,256 212,983
Asia & other regions Net sales ———576,182 503,917
Asia Production volume 412,628 265,195 364,529 435,125 473,194
Sales volume 409,396 243,654 302,718 394,979 441,892
Near & Middle Production volume 00000
East, Africa Sales volume 70,174 83,506 53,666 50,531 51,329
Central & Production volume 01,560 3,420 6,720 8,820
South America Sales volume 73,591 89,944 69,217 70,380 52,435
Oceania Production volume 59,087 46,574 34,570 38,566 43,801
Sales volume 93,593 89,923 75,847 77,706 71,663
Total Net sales ———2,558,213 2,520,006
Production volume 1,766,390 1,543,499 1,588,086 1,638,445 1,527,987
Sales volume 1,614,643 1,500,284 1,554,611 1,615,641 1,556,689
Note: Production volume indicates number of vehicles produced locally using parts shipped by MMC from Japan for assembly overseas (knock down kit
production excluded)
Net
sales
Production
volume
Sales
volume
20.8%
5.2%
13.7%
Europe
Net
sales
Production
volume
Sales
volume
24.7% 47.7% 26.0%
Japan
(Units: Net sales = JPY million; Volumes = vehicles)
Net
sales
Production
volume
Sales
volume
34.5% 12.7% 20.7%
North America
Car operations
Net sales, production and sales volume by region
Car operations
5
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
2000 2001
Net sales
Production volume
Sales volume
Asia & other regions
Net
sales
20.0%
Production
volume
Sales
volume
31.0% 28.4%
Asia
(Unit: JPY million)
(Unit: vehicles)
(Unit: vehicles)
500,000
1,000,000
1,500,000
2,000,000
1997 1998 1999 2000 2001
500,000
1,000,000
1,500,000
2,000,000
1997 1998 1999 2000 2001
Oceania
Production
volume
Sales
volume
2.9% 4.6%
Near & Middle
East, Africa
Production
volume
Sales
volume
0.0% 3.3%
Central &
South America
Production
volume
Sales
volume
0.6% 3.4%
Car operations
6
Production models by region
Region & country Facility / Model
Assembler
Japan Nagoya Plant
Mizushima Plant
PMC
North America U.S.A. MMMA
Europe Netherlands NedCar
Italy IPF
Asia Taiwan CMC
China SEMC
LMC
HHMC
India HML
M&M
Malaysia Proton
USF
Thailand MSC
Philippines MMPC
Indonesia MKM
KRM
Central & Brazil MMCB
South America
Africa South Africa DCSA
Oceania Australia MMAL
Car operations
Production models by region
Drive Transmission Engine
Gasoline
6G7
FR
4WD
FF
2WD
FR
2WD
FF
4WD
II
II
II
II
II
II
II
II
II
II
II
II
II
II
II
III
III
III
III
III
●
●
●
●
AT MT CVT 3.5 3.0 2.5 2.5 2.0
6A1
1Diamante
2 Galant
3 Aspire
4 Legnum
5 Chariot Grandis
6 RVR
7 RVR Sports Gear
8 Pajero iO
9 Verdana (export only)
10 L200 Strada (export only)
11 Libero Cargo (Libero included)
12 Delica Space Gear
13 Mirage Dingo
14 Dion
15 Lancer Cedia
16 Lancer Cedia Wagon
17 Airtrek
18 Minica
19 Toppo BJ
20 Pajero Mini
21 eK Wagon
22 Minicab
23 TownBox
24 L300 Delica (export only)
25 Lancer / Mirage (export only)
26 Pajero
27 Challenger (export only)
28 Jeep
29 Galant
30 Eclipse / Eclipse Spyder
31 Sebring / Dodge Stratus
32 Carisma
33 Space Star
34 Pajero Pinin
35 Freeca
36 Galant
37 Varica
38 Berica
39 Lancer
40 Delica Space Gear
41 Delica Truck
42 L300 Delica
43 Chariot Grandis
44 Freeca
45 L300 Delica
46 Delica Space Gear
47 Mirage Dingo
48 Lancer
49 L300 Delica
50 Saga Iswara
51 Satria / Putra
52 Wira
53 Waja
54 Juara
55 L200 Strada
56 L200 Strada
57 Lancer
58 Lancer
59 Adventure
60 L300 Delica
61 L200 Strada
62 Galant
63 Kuda
64 Lancer
65 Colt T120SS
66 Colt T120SS
67 Colt L300
68 L200 Strada
69 L200 Strada
70 Magna / Verda
Car operations
7
Formal corporate name of facility/
assembler
PMC
Pajero Manufacturing Co., Ltd.
MMMA
Mitsubishi Motor Manufacturing of
America, Inc.
NedCar
Netherlands Car B.V.
IPF
Industrie Pininfarina S.p.A.
CMC
China Motor Corp.
SEMC
South East (Fujian) Motor
Corporation Ltd.
LMC
Dongfeng Liuzhou Motor Co., Ltd.
HHMC
Harbin Hafei Motor Co., Ltd.
HML
Hindustan Motors Limited
M&M
Mahindra & Mahindra Ltd.
PROTON
Perusahaan Otomobil Nasional Bhd.
USF
United Straits Fuso SDN. BHD
MSC
MMC Sittipol Co., Ltd.
MMPC
Mitsubishi Motors Philippines Corp.
MKM
P.T. Mitsubishi Krama Yudha
Kesuma Motors
KRM
P.T.Krama Yudha Ratu Motors
MMCB
MMC Automotores do Brasil S.A.
DCSA
DaimlerChrysler South Africa
MMAL
Mitsubishi Motors Australia, Ltd.
●
●
●
●
●
Diesel
(As at 31 March 2002)
●
●
●
●
●
●
4G6
2.4
4G9
2.0
●
●
●
●
●
●
1.8
●
●
●
●
●
1.6
4G1
1.6 1.5
●
●
1.35
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
1.3
4G8
0.8
3G8
0.66
4A3
1.1 0.66
4M4
3.2 2.8
4D5
2.5
4D6
2.0
2.0
Key
indicates model / engine available
In Transmissions column, II or III indicates INVECS II or III
●indicates GDI engine
Note: Berica (38) and L300 Delica (49) use non-MMC engines
MMC and consolidated subsidiaries
Mitsubishi badged vehicle
Car operations
8
Production volume by model
Car operations
Japan
MMC sales volume share of
Japanese market
Net sales, production and sales volumes
in Japanese market as percentages of
MMC global totals
(Unit: vehicles)
(Unit: vehicles)
MMC 403,994
Total market volume 5,331,174
Plant / Company Model 1997 1998 1999 2000 2001
Nagoya Plant 1 Diamante 13,088 4,246 8,279 4,406 2,745
2Galant 77,314 38,746 28,076 18,514 11,494
3Aspire 01,706 1,302 55 0
4Legnum 62,543 26,302 16,809 8,276 3,814
5Chariot Grandis 59,448 88,251 63,010 26,734 15,907
6RVR / RVR Sports Gear 22,861 13,976 20,333 4,028 1,416
7Pajero iO 054,262 51,516 24,783 13,799
8Perdana (export only) 5,340 870 5,880 15,630 5,250
9Dignity 001542 2
10 Proudia (Debonair) 797 463 613 759 85
11 L200 Strada (export only) 43,432 24,879 11,759 16,143 1,051
12 GTO 5,496 2,207 2,355 114 0
Mizushima Plant 13 Libero 24,814 18,934 19,796 12,898 8,041
14 Delica
[Space Gear and L300 (export only)]
69,495 56,904 31,646 28,242 12,965
15 Mirage / Mirage Dingo 93,848 95,661 77,800 57,937 45,703
16 Dion 0015,282 30,977 9,699
17
Lancer Cedia / Lancer Cedia Wagon
100,868 120,758 86,319 120,875 142,683
18 Airtrek 000021,245
19 Minica / Toppo BJ 115,483 138,661 149,903 156,580 82,551
20 Pajero Mini 43,302 48,791 36,580 24,895 16,590
21 eK Wagon 000097,390
22 Minicab 79,325 71,839 70,367 62,770 56,245
23 TownBox 02,261 14,421 8,953 6,662
24 Pajero Junior 13,934 149 0 0 0
25 FTO 1,960 1,033 616 160 0
26 TownBox Wide 003,616 1,441 2,939
27 Toppo BJ Wide 03,596 721 478 34
PMC 28 Pajero 136,941 95,675 90,524 138,315 91,700
29 Challenger (export only) 51,594 71,562 95,914 92,475 78,337
30 Jeep 1,167 717 413 622 820
Total 1,023,050 982,449 903,865 857,102 729,167
Note: Figures in table are totals of built up and knock down production at MMC and its consolidated subsidiaries
MMC and consolidated subsidiaries
Mitsubishi badged vehicle
Net
sales
Production
volume
Sales
volume
24.7% 47.7% 26.0%
7.6%
Car operations
9
Sales organizationR&D facilities (As at 31 March 2002)
Car Research & Okazaki
Development Center Kyoto
Tokachi Proving Ground
Styling design Tama Design Center
Production facilities (As at 1 April 2002)
Vehicle production Nagoya Plant
Mizushima Plant
Pajero Manufacturing Co. Ltd.
Engine production Kyoto Plant
Mizushima Plant (minicar engines)
Transmission Kyoto Plant (manual transmissions)
production Mizushima Plant (manual transmissions)
Note: Automatic and continuously variable transmissions are purchased
from Diamondmatic Co., Ltd., a wholly-owned subsidiary of Jatco
Co., Ltd. in which MMC has an 18% equity share.
Production facility Model 1997 1998 1999 2000 2001
/ Assembler
Nagoya Plant 1Diamante 13,981 6,456 7,061 5,474 3,022
2Galant 29,869 14,930 10,319 6,648 3,213
3Aspire 01,600 1,367 840 516
4Legnum 49,516 20,530 10,791 5,524 1,550
5Chariot Grandis 42,580 62,997 39,451 22,821 10,472
6RVR / RVR Sports Gear 16,810 14,880 10,956 6,165 1,599
7Pajero iO 048,117 40,278 25,095 10,980
8Dignity 001145 3
9Proudia (Debonaire) 799 474 521 852 97
10 L200 Strada (export only) 11 0 0 0 0
11 GTO 574 467 267 117 2
Mizushima Plant 12 Libero cargo (Libero included) 16,414 12,054 11,725 9,189 7,003
13 Delica Space Gear 19,938 12,023 8,057 5,886 4,707
14 Mirage Dingo 011,871 23,381 16,696 15,143
15 Dion 0013,360 30,225 10,601
16 Mirage / Lancer / Cedia 47,141 34,196 25,001 29,061 19,403
17 Lancer Cedia Wagon 00016,695 25,512
18 Airtrek 000019,160
19 Minica 110,153 133,192 142,372 141,843 86,639
20 Toppo BJ –9,263 11,444 8,654 4,657
21 Pajero Mini 44,224 47,592 35,673 27,011 17,458
22 eK Wagon 000086,465
23 Minicab 76,625 70,981 70,622 62,797 57,880
24 TownBox 0679 14,948 8,772 7,357
25 L300 Delica (Star Wagon) 9,394 6,329 1,973 21 2
26 Pajero Junior 13,320 1,717 19 1 0
27 FTO 2,142 1,085 578 149 3
28 TownBox Wide 003,386 809 79
29 Toppo BJ Wide 01,653 2,496 631 50
PMC 30 Pajero 26,181 9,412 20,189 12,701 6,725
31 Challenger (export only) 7,423 2,592 910 369 76
32 Jeep 411 446 1 0 1
OEM supplied by Mazda
33 Delica 001,958 4,281 3,619
Domestically produced model total 527,506 525,536 509,115 449,372 403,994
Imports 6,540 3,120 977 589 0
Total 534,046 528,656 510,092 449,961 403,994
Total Japanese market volume 5,637,793 5,351,964 5,386,500 5,465,238 5,331,174
MMC and consolidated subsidiaries
Mitsubishi badged vehicle
Sales volume by model
Sales companies
Galant dealerships
Consolidated subsidiaries 28
116 dealerships Equity method subsidiaries 9
Independent dealerships 79
New car sales outlets 710
Car Plaza dealerships
Consolidated subsidiaries 25
113 dealerships Equity method subsidiaries 2
Independent dealerships 86
New car sales outlets 348
(As at 31 March 2002)
(Unit: vehicles)
(As at 31 March 2002)
Car operations
10
Export shipments
Export shipments by region
Region 1997 1998 1999 2000 2001
North America 74,702 83,443 119,519 147,333 146,869
Europe 172,331 161,552 112,821 99,687 52,363
Asia 61,430 30,091 29,592 48,586 30,578
Near & Middle East, Africa 69,359 65,731 37,099 36,618 31,059
Central & South America 78,456 80,501 48,854 46,078 34,627
Oceania 43,710 43,454 35,617 45,424 35,506
Other (United Nations, etc.) 3,867 2,834 3,502 2,959 2,851
Total 503,855 467,606 387,004 426,685 333,853
Export shipments by model
Plant / Assembler Model 1997 1998 1999 2000 2001
Nagoya Plant 1 Diamante 261520
2Galant 46,194 25,579 17,272 12,051 8,061
3Legnum 12,880 7,765 6,217 4,135 2,682
4Chariot Grandis 16,565 24,166 18,443 10,092 7,018
5RVR 6,740 1,081 7,070 168 365
6Pajero iO 02,899 8,177 4,347 3,525
7Verdana 5,400 780 5,670 15,450 5,640
8Proudia (Debonaire) 00201
9 Libero 00016160
10 Delica Space Gear 9,837 11,661 8,648 6,943 763
11 L200 Strada 43,821 25,867 11,661 15,895 1,776
12 GTO 4,909 1,759 2,165 0 0
Mizushima Plant 13 Mirage Dingo 02400 1 0
14 Dion 000778 193
15 Lancer Cedia 0005,897 81,515
16 Lancer Cedia Wagon 0000103
17 Airtrek 0000601
18 Minica 161 49 19 0 0
19 Toppo BJ 64 47 15 0 0
20 Pajero Mini 358 32 3 2 0
21 eK Wagon 00000
22 Minicab 000500
23 TownBox 0020420
24 L300 Delica 35,534 29,110 13,353 16,072 7,654
25 Lancer / Mirage 165,817 176,134 127,136 112,970 47,655
26 Pajero Junior 99 3 0 0 0
27 FTO 73 49 42 25 0
28 TownBox Wide 001664 2,640
PMC29Pajero 111,144 90,416 65,212 129,198 85,324
30 Challenger 44,256 70,201 95,481 91,929 77,757
31 Jeep 10000
Total 503,855 467,606 387,004 426,685 333,853
Note: Export shipments are the total of built up vehicles and knock-down kits
MMC and consolidated subsidiaries
Mitsubishi badged vehicle
(Unit: vehicles)
(Unit: vehicles)
Car operations
11
Car operations
Principal operational facilities in Japan
Kyoto Plant
Engine and transmission production
•Kyoto Plant-Kyoto
Kyoto
•Kyoto Plant-Shiga
Shiga Prefecture
Nagoya Plant
Vehicle production
•Nagoya Plant-Okazaki
Aichi Prefecture
•Nagoya Plant-Oye
Aichi Prefecture
Mizushima Plant
Okayama Prefecture
Vehicle assembly, minicar engine and
transmission production
Car Research & Develop-
ment Center-Tokachi
Proving Ground
Otofuke-cho, Hokkaido
Road testing, evaluation
MMC Head Office
Tokyo
Pajero Manufacturing
Co., Ltd.
Gifu Prefecture
Vehicle production
Car Research & Develop-
ment Center-Kyoto
Kyoto
Powerplant R&D
Car Research & Develop-
ment Center-Okazaki
Aichi Prefecture
Basic research, product development
Sales organization
United States
Distributor
Mitsubishi Motor Sales of America, Inc. (MMSA)
Location: Cypress, California
Capitalization: USD 261m
Activities: Importing, marketing of automobiles
MMC voting rights: 100.00%
Models sold: See table on page 13
Sales outlets
589
Sales financing
Mitsubishi Motors Credit of America, Inc. (MMCA)
Location: Cypress, California
Capitalization: USD 260m
Activities: Automobile financing, leasing
MMC voting rights: 100.00%
Canada
Distributor
Mitsubishi Motor Sales of Canada, Inc. (MMSCAN)
Location: Mississauga, Ontario
Capitalization: CAD 2.0 m
Activities: Importing, marketing of automobiles
MMC voting rights: 100.00%
R&D facilities
Mitsubishi Motors R&D of America, Inc. (MRDA)
Location: Ann Arbor, Michigan
Capitalization: USD 2.0m
Activities: Market research, product
development, design, testing,
certification
MMC voting rights: 100.00%
Production facilities
Mitsubishi Motor Manufacturing of America, Inc. (MMMA)
Location: Normal, Illinois
Capitalization: USD 6,935
Activities: Automobile manufacture and sales
MMC voting rights: 99.00%
Models produced: See table on page 12
Management & administration
Mitsubishi Motors America, Inc. (MMA)
Location: Cypress, California
Capitalization: USD 5.7m
Activities: Market research and other
information gathering
MMC voting rights: 100.00%
Plant / Company Model 1997 1998 1999 2000 2001
MMMA 1 Galant 40,848 45,915 64,786 104,313 94,820
2Eclipse 76,958 50,966 54,340 77,795 70,565
3Sebring / Stratus 71,275 60,162 40,727 40,282 28,359
Total 189,081 157,043 159,853 222,390 193,744
Mitsubishi badged vehicle
Production volume by model
Car operations
North America
MMC sales volume share of
North American market
Net sales, production and sales volumes
in North American market as percentages
of MMC global totals
(Unit: vehicle)
(As at 31 December 2001)
(Unit: vehicles)
MMC 322,393
Total market volume 17,120,787
(As at 31 March 2002)
(As at 31 March 2002)
(As at 31 March 2002)
(As at 31 March 2002)
(As at 31 December 2001)
(As at 31 December 2001)
Highlights
1999-2001: MMC rewrites sales volume record three years in a row
2001: MMC sets all-time sales volume record
2002: MMC enters Canadian market; Due to enter Mexican market in 2003
2003: MMC to establish new company that will coordinate sales, production, financing and R&D activities in North America
Net
sales
Production
volume
Sales
volume
34.5% 12.7% 20.7%
1.9%
Car operations
12
Sales volume by model (Unit: vehicles)
MMSCAN
Mississauga, Ontario
Importing, marketing of automobiles
MMMA
Normal, Illinois
Automobile manufacture and sales
MRDA
Ann Arbor, Michigan
Market research, product development,
design, testing, certificationMMA
Cypress, California
Market research and other information gathering
MMSA
Cypress, California
Importing, marketing of automobiles
MMCA
Cypress, California
Auto financing, leasing
Principal operational facilities in North America
Production Model 1997 1998 1999 2000 2001
plant / company
MMMA 1 Galant 42,607 44,202 74,782 96,452 93,878
2Eclipse / Eclipse Spyder 58,569 57,955 61,874 71,307 70,351
Nagoya Plant 3 Diamante 18 0 0 0 0
(Japan) 4Chariot (Expo) 1000 0
5L200 Strada (Mighty Max) 207 0 0 0 0
6GTO (3000GT) 6,086 4,164 3,419 117 1
Mizushima Plant 7 Lancer Cedia (Lancer) 000025,084
(Japan) 8Lancer / Mirage (Lancer) 31,717 33,072 47,136 49,369 29,957
PMC (Japan) 9 Pajero (Montero) 6,915 4,120 5,115 21,578 24,802
10 Challenger (Montero Sports) 31,659 38,439 59,007 66,375 61,093
MMAL (Australia) 11 Diamante 11,384 8,563 9,921 9,219 17,227
Total 189,163 190,515 261,254 314,417 322,393
Total market volume 15,121,503 15,542,983 16,891,338 17,347,676 17,120,787
Note: Names in parentheses indicate local market name
MMC and consolidated subsidiaries
Mitsubishi badged vehicle
13
Car operations
(Unit: vehicles)
Production facility Model 1997 1998 1999 2000 2001
NedCar 1 Carisma 82,544 77,373 53,871 29,800 22,203
(Netherlands) 2Space Star 013,305 58,383 30,116 44,908
IPF (Italy) 3 Pajero Pinin 009,595 18,626 12,150
Total 82,544 90,678 112,254 59,916 67,111
Note: NedCar will also continue to produce Volvo S40/Y40 models until 2004
IPF: Industrie Pininfarina S.p.A.
MMC and consolidated subsidiaries
Mitsubishi badged vehicle
Car operations
Europe
Sales volume by country
Country 1997 1998 1999 2000 2001
Germany 71,787 64,403 67,028 51,560 39,146
Austria 11,412 9,665 8,574 7,285 5,666
U.K. 23,805 22,865 19,541 18,087 22,133
Irish Republic 4,957 6,215 6,667 7,821 5,074
Netherlands 17,830 19,232 20,770 16,232 11,898
Belgium 11,098 14,816 16,235 14,499 8,137
France 5,864 6,951 8,949 6,894 10,062
Italy 14,864 16,009 24,760 26,304 24,379
Portugal 11,833 14,837 17,307 17,368 10,326
Spain 11,028 15,523 19,483 20,511 22,355
Greece 3,742 3,909 5,089 5,409 4,407
Denmark 5,344 5,386 4,454 3,149 2,310
Finland 2,646 3,422 3,314 2,784 1,511
Sweden 7,109 8,035 11,053 10,390 7,375
Switzerland 10,797 9,889 9,335 9,998 8,221
Norway 8,981 8,021 6,857 5,611 4,075
Iceland 932 882 1,027 890 378
Other 27,191 47,146 32,351 33,464 25,530
Total 251,220 277,206 282,794 258,256 212,983
Total market volume 14,912,212 16,041,509 16,871,151 16,654,751 16,680,641
Note: Total market volume represents sum of EU and EFTA sales
(Unit: vehicles)
MMC sales volume share of
European market
Net sales, production and sales volumes
in European market as percentages of
MMC global totals
(Unit: vehicles)
MMC 212,983
Total market volume 16,680,641
Production volume by model
Highlights
2003 December: MMC on track to commission engine plant being built jointly with DaimlerChrysler in Thuringia Germany
(MMC is funding 50% of cost)
2004: MMC plans to start production of new compact model at NedCar
Net
sales
Production
volume
Sales
volume
20.8% 5.2% 13.7%
1.3%
Car operations
14
Sales volume by model
Sales organization
Mitsubishi Motors Sales Europe B.V. (MMSE)
Location: Schipol-Rijk, Netherlands
Capitalization: EUR 1.5million
Activities:
Import, export and sales of automobiles
MMC voting rights: 100.00%
Models produced: See table below
Distributors
25
Sales outlets
2,396
Supervision of operations
Mitsubishi Motors Europe B.V. (MME)
Location: Schipol-Rijk, Netherlands
Capitalization: EUR 53 million
Activities: Holding company
MMC voting rights: 100.00%
R&D facilities
Mitsubishi Motors R&D of Europe GmbH (MRDE)
Location: Trebur, Germany
Capitalization: EUR 767,000
Activities: Product development, design,
testing, certification
MMC voting rights: 100.00%
Production facilities
(consolidated subsidiaries only listed)
Netherlands Car B.V. (NedCar)
Location: Born, Netherlands
Capitalization: EUR 250 million
Activities: Manufacture and sales of
automobiles and parts
MMC voting rights: 100.00%
Models produced: See table on page 14
(As at 31 December 2001)
(As at 31 December 2001)
Plant / Assembler Model 1997 1998 1999 2000 2001
NedCar 1 Carisma 67,572 74,175 57,209 38,548 28,647
(Netherlands) 2Space Star 04,788 42,781 38,164 42,987
IPF (Italy) 3 Pajero iO (Pajero Pinin) 00014,010 15,907
Nagoya Plant 4 Galant 13,779 14,099 12,702 9,558 5,851
(Japan) 5Legnum (Galant) 8,534 9,050 7,683 5,253 3,359
6Chariot Grandis (Space Wagon) 12,110 11,937 17,809 10,828 6,316
7RVR (Space Runner) 7,677 5,249 2,831 3,539 1,671
8L200 Strada (L200) 2,037 8,024 1,002 0 0
9GTO (3000GT) 260 197 174 224 0
Mizushima Plant 10 Libero (Lancer Wagon) 06,819 4,841 5,157 1,940
(Japan) 11 Delica Space Gear (Space Gear) 6,826 8,226 8,814 7,360 3,499
12 L300 Delica (L300) 8,788 18,655 8,989 7,440 2,736
13 Mirage (Colt) 58,983 41,860 33,207 25,089 10,243
PMC (Japan) 14 Pajero 36,624 38,498 26,040 32,306 36,638
15 Challenger (Pajero Sport) 0991 16,159 15,001 10,973
16 Other 654 210 2,164 411 121
MMMA (U.S.A.) 17 Eclipse 2,368 1,111 551 0 0
MSC (Thailand) 18 L200 Strada (L200) 25,008 33,317 39,838 45,368 40,579
19 Lancer 00001,516
Total 251,220 277,206 282,794 258,256 212,983
Total market volume 14,912,212 16,041,509 16,871,151 16,654,751 16,680,641
Note: (1) Total market volume represents sum of EU and EFTA sales
(2) Model names in parentheses indicate local market name
MMC and consolidated subsidiaries
Mitsubishi badged vehicle
(Unit: vehicles)
(As at 31 March 2002)
(As at 31 March 2002)
(As at 31 March 2002)
(As at 31 March 2002)
Car operations
15
Production facility Model 1997 1998 1999 2000 2001
/ Assembler
MSC 1 L200 Strada 61,421 61,434 70,703 84,813 78,845
(Thailand) 2Lancer 13,273 298 6,408 5,401 5,302
MMPC 3 Lancer 11,446 3,411 2,140 1,880 2,574
(Philippines) 4 Adventure 06,258 4,775 6,729 7,714
5L300 Delica 9,566 3,698 3,707 2,918 2,079
6L200 Strada 00950 1,577 1,253
KKM 7 Galant 714 360 550 1,530 540
(Indonesia) 8 Kuda 0506,847 20,916 4,776
9Lancer 1,830 560 450 1,710 690
10 Colt T120SS 18,291 0 0 0 0
KRM 11 Colt T120SS 378 1,913 3,433 6,768 10,416
(Indonesia) 12 Colt L300 15,470 2,175 2,055 13,485 16,320
PROTON 13 Saga Iswara 57,151 49,145 65,256 52,811 51,306
(Malaysia) 14 Satria / Putra 16,655 7,129 6,475 5,423 4,694
15 Wira 124,841 37,227 93,862 93,860 112,878
16 Waja 00025,382 61,715
17 Juara 00000
USF (Malaysia) 18 L200 Strada 00004,470
CMC 19 Freeca 4,914 16,008 14,653 17,044 13,531
(Taiwan) 20 Galant 024,170 4,764 10,157 2,698
21 Varica 21,937 0 20,645 21,290 17,141
22 Lancer 39,411 28,063 26,463 21,756 19,054
23 Delica Space Gear 05,750 7,423 8,125 5,133
24 Delica Truck 04,986 4,342 3,835 2,686
25 L300 Delica 13,718 5,385 4,821 3,637 2,536
26 Chariot Grandis 00003,191
SEMC 27 Freeca 0001,050 7,350
(China) 28 L300 Delica 0003,600 13,440
LMC (China) 29 Delica Space Gear 0000690
HML (India) 31 Lancer 02,110 7,427 8,032 6,528
M&M (India) 32 L300 Delica 02,400 0 0 0
Total 411,016 262,530 358,149 423,729 459,550
MSC: MMC Sittipol Co., Ltd. CMC: China Motor Corp. MMC and consolidated subsidiaries
MMPC: Mitsubishi Motors Philippines Corp.
SEMC: South East (Fujian) Motor Corporation Ltd.
Mitsubishi badged vehicle
KKM: P.T. Krama Yudha Kesuma Motors LMC: Dongfeng Liuzhou Motor Co., Ltd.
KRM: P.T. Krama Yudha Ratu Motors HML: Hindustan Motors Ltd.
PROTON: Perusahaan Otomobil Nasional Bhd. M&M: Mahindra & Mahindra Ltd.
USF: United Straits Fuso Sdn. Bhd.
Note: Harbin Hafei Motor Co., Ltd. (China) started production of the Mirage Dingo in February 2002
Production volume by model
Car operations
Asia
(Unit: vehicles)
Production and sales volumes in Asian market as
percentages of MMC global totals
Production
volume
Sales
volume
31.
0%
28.
4%
Car operations
16
Philippines
Mitsubishi Motors Philippines Corp. (MMPC)
Location: Cainta Rizal
Capitalization: PHP 350 million
Activities: Importing, assembly, sales of
automobiles
MMC voting rights: 51.0%
Models produced: See table on page 16
Asian Transmission Corp. (ATC)
Location: Calamba Laguna
Capitalization: PHP 350 million
Activities:
Manufacture, sales of automobile parts
MMC voting rights: 84.7%
R&D facilities
None
Production facilities (consolidated subsidiaries only listed)
Thailand
MMC Sittipol Co. Ltd. (MSC)
Location: Phathumthanee
Capitalization: THB 16.1 million
Activities: Importing, assembly, sales of
automobiles
MMC voting rights: 99.9%
Models produced: See table on page 16
MSC Engineering Co., Ltd.
Location: Laemchabang
Capitalization: THB 20.0 million
Activities: Manufacture of automobile engines
MMC voting rights: 99.9%
Sales volume by country/area
Country / Area 1997 1998 1999 2000 2001
Thailand 32,637 14,765 17,354 28,266 23,665
Philippines 27,302 18,355 14,805 15,285 16,367
Indonesia 36,171 4,438 16,407 42,481 34,156
Malaysia 185,104 86,458 150,622 177,384 239,432
Taiwan 88,000 89,000 75,200 77,500 70,500
China 32,800 22,500 13,700 37,600 42,400
Other 7,382 8,138 14,630 16,463 15,372
Total 409,396 243,654 302,718 394,979 441,892
(Unit: vehicles)
(As at 31 March 2002)
(As at 31 March 2002)
(As at 31 March 2002)
(As at 31 March 2002)
(As at 31 March 2002)
Thailand
(Unit: vehicles)
Production facility Model 1997 1998 1999 2000 2001
/ Assembler
MSC 1 L200 Strada 61,421 61,434 70,703 84,813 78,845
2Lancer 13,273 298 6,408 5,401 5,302
Total 74,694 61,732 77,111 90,214 84,147
Note: Production volume indicates number of vehicles produced locally using parts shipped by MMC from Japan for assembly overseas (knock down kit
production excluded)
(Unit: vehicles)
Production facility Model 1997 1998 1999 2000 2001
/ Assembler
MSC 1 L200 Strada 23,000 11,286 13,125 24,418 18,759
2Lancer 8,867 3,152 4,034 3,696 4,773
Nagoya Plant 3 Galant 437 147 26 7 4
(Japan) 4Chariot Grandis 54000
Mizushima Plant 5 L300 Delica 004800
(Japan)
PMC (Japan) 6 Pajero 328 176 121 145 129
Total 32,637 14,765 17,354 28,266 23,665
Total market volume 342,828 137,477 211,146 252,729 288,783
Sales volume
Production volume by model
MMC and consolidated subsidiaries
Mitsubishi badged vehicle
Car operations
17
Philippines
(Unit: vehicles)
Production facility Model 1997 1998 1999 2000 2001
/ Assembler
MMPC 1 Lancer 11,446 3,411 2,140 1,880 2,574
2 Adventure 06,258 4,775 6,729 7,714
3L300 Delica 9,566 3,698 3,707 2,918 2,079
4L200 Strada 00950 1,577 1,253
Total 21,012 13,367 11,572 13,104 13,620
Note: Production volume indicates number of vehicles produced locally using parts shipped by MMC from Japan for assembly overseas (knock down kit
production excluded)
(Unit: vehicles)
Production facility Model 1997 1998 1999 2000 2001
/ Assembler
MMPC 1 Lancer 11,273 4,456 2,228 1,886 2,595
2 Adventure 06,319 4,709 6,824 7,711
3L300 Delica 9,575 3,965 3,556 3,115 2,076
4L200 Strada 2,534 975 1,375 1,614 1,188
Nagoya Plant (Japan) 5 Galant 1,442 561 491 73 58
Mizushima Plant 6 Delica Space Gear 320 647 41 277 59
(Japan) 7L300 Delica 598 714 63 240 572
PMC (Japan) 8 Pajero 1,013 532 2,264 1,256 2,108
9Other 547 186 78 0 0
Total 27,302 18,355 14,805 15,285 16,367
Total market volume 138,999 77,623 71,943 81,397 74,780
Note: “Other” refers to models produced in Japan which are not listed in the above table
Car operations
Indonesia
(Unit: vehicles)
Production facility Model 1997 1998 1999 2000 2001
/ Assembler
KKM 1 Galant 714 360 550 1,530 540
2 Kuda 0506,847 20,916 4,776
3Lancer 1,830 560 450 1,710 690
4Colt T120SS 18,291 0 0 0 0
KRM 5 Colt T120SS 378 1,913 3,433 6,768 10,416
6Colt L300 15,470 2,175 2,055 13,485 16,320
Total 36,683 5,058 13,335 44,409 32,742
Note: Production volume indicates number of vehicles produced locally using parts shipped by MMC from Japan for assembly overseas (knock down kit
production excluded)
(Unit: vehicles)
Production facility Model 1997 1998 1999 2000 2001
/ Assembler
MKM 1 Galant 783 362 673 1,487 487
2 Kuda 0916,438 18,505 6,019
3Lancer 1,846 405 601 1,620 851
KRM 4 Colt T120SS 18,353 1,710 3,950 6,915 10,417
5Colt L300 15,062 1,792 4,745 13,732 16,381
PMC (Japan) 6 Pajero 127 78 0 222 0
MMAL (Australia) 7 Magna / Verda 00001
Total 36,171 4,438 16,407 42,481 34,156
Total market volume 327,544 51,189 80,375 264,357 251,561
Production volume by model
Sales volume
Production volume by model
Sales volume
MMC and consolidated subsidiaries
Mitsubishi badged vehicle
18
Malaysia
(Unit: vehicles)
Production facility Model 1997 1998 1999 2000 2001
/ Assembler
PROTON 1 Saga Iswara 51,306 49,145 65,256 52,811 51,306
2Satria / Putra 4,694 7,129 6,475 5,423 4,694
3Wira 112,878 37,227 93,862 93,860 112,878
4Waja 61,715 0 0 25,382 61,715
5Juara 00000
USF 6 L200 Strada 4,470 0 0 0 4,470
Total 235,063 93,501 165,593 177,476 235,063
Note: Production volume indicates number of vehicles produced locally using parts shipped by MMC from Japan for assembly overseas (knock down kit
production excluded)
(Unit: vehicles)
Production facility Model 1997 1998 1999 2000 2001
/ Assembler
PROTON 1 Saga Iswara 57,852 50,038 65,708 57,773 51,696
2Satria / Putra 22,194 5,671 9,562 9,073 99,613
3Wira 98,605 29,522 71,239 87,938 *
4Waja 00011,622 69,956
5Juara 00001,103
Nagoya Plant (Japan) 6 Perdana 6,453 1,227 4,113 10,978 8,646
7Other 00008,418
Total 185,104 86,458 150,622 177,384 239,432
Total market volume 404,869 157,516 279,079 332,172 384,731
Note: “Other” refers to models produced in Japan which are not listed in the above table
*Included in figure for Satria / Putra
Taiwan
(Unit: vehicles)
Production facility Model 1997 1998 1999 2000 2001
/ Assembler
CMC 1 Freeca 4,914 16,008 14,653 17,044 13,531
2Galant 024,170 4,764 10,157 2,698
3Chariot Grandis 21,937 0 20,645 21,290 17,141
4Lancer 39,411 28,063 26,463 21,756 19,054
6Delica Space Gear 05,750 7,423 8,125 5,133
7Delica / Delica Truck 04,986 4,342 3,835 2,686
8L300Delica 13,718 5,385 4,821 3,637 2,536
9 Varica 00003,191
Total 79,980 84,362 83,111 85,844 65,970
Note: Production volume indicates number of vehicles produced locally using parts shipped by MMC from Japan for assembly overseas (knock down kit
production excluded)
(Unit: vehicles)
Production facility Model 1997 1998 1999 2000 2001
/ Assembler
CMC 1 Lancer 39,687 27,755 26,391 24,601 21,415
2Galant 012,322 8,968 7,661 4,806
3Chariot Grandis 00001,574
4Freeca 3,827 15,157 15,097 16,302 14,250
5Delica Space Gear 2,085 5,921 7,478 7,553 5,860
6Delica / Delica Truck 14,144 10,942 8,704 7,155 5,530
7 Varica 26,695 23,869 21,127 19,793 18,300
PMC
(Japan) 8 Pajero 509 609 224 277 287
9Challenger 00404 344 250
10 Other 632 692 65 0 95
MMMA (United States)
11 Eclipse 411 85 54 71 32
MMAL (Australia) 12 Diamante 0451 301 137 64
Total 87,990 97,803 88,813 83,894 72,463
Total market volume 368,312 357,322 314,676 287,163 331,042
Note: “Other” refers to models produced in Japan which are not listed in the above table MMC and consolidated subsidiaries
Mitsubishi badged vehicle
Production volume by model
Sales volume
Production volume by model
Sales volume
19
Car operations
China
(Unit: vehicles)
Production facility Model 1997 1998 1999 2000 2001
/ Assembler
SEMC 1 Freeca 0001,050 7,350
2L300 Delica 0003,600 13,440
LMC 3 Delica Space Gear 0000690
Total 0004,650 21,480
Note: (1) Harbin Hafei Motor Co., Ltd. started production of Mirage Dingo in February 2002.
(2) Beijing Jeep Corporation (BJC) is due to start production of Challenger (Pajero Sport) at its Beijing plant in first quarter 2003.
(Unit: vehicles)
Production facility Model 1997 1998 1999 2000 2001
/ Assembler
CFA 1 Pajero 2,039 1,300 3,961 9,040 9,814
SEMC 2 Freeca 00010,313 15,932
3Delica 2,785 5,011 7,705 14,230 14,079
Nagoya Plant 4 Chariot Grandis 1,796 1,338 341 675 223
(Japan) 5Galant 357 233 229 145 32
6Pajero iO 029210 227 173
Mizushima Plant 7 Lancer 356 232 46 20 125
(Japan)
PMC (Japan) 8 Pajero 24,886 14,072 1,148 2,797 1,599
9Other 583 250 107 181 29
Total 32,802 22,465 13,747 37,628 42,006
Total market volume 1,465,900 1,648,600 1,882,300 1,882,300 2,039,600
Note: “Other” refers to models produced in Japan which are not listed in the above table
Production volume by model
Sales volume
Principal operational facilities in China
Harbin
Shenyang
Dalian
Tianjin
Shanghai
Fujian
Guangzhou
(Canton)
Yong Zhou
HDMC
Capitalization: CNY 500 million
Shareholders: MMC 15.3%, MC 5.7%, Local 79.0%
Activities: Manufacture, sales of engines
(1300cc, 1600cc) and transmissions
SAME
Capitalization: CNY 738 million
Shareholders: MMC 25.0%, MC 9.3%, Local 65.7%
Activities: Manufacture and sales of engines
(2000cc, 2400cc) and transmissions
Mitsubishi Motors (Dalian) Co., Ltd.
Shareholders: MMC 100.0%
Activities: Distributor
SEMC: South East (Fujian) Motor
Corporation Ltd.
Capitalization: USD 60.3 million
Shareholders: CMC (Taiwan) 50.0%, Local 50.0%
(MMC holds no equity stake)
Activities: Production and sales of Delica and Freeca
CFA
Capitalization: CNY 323 million
Shareholders: MMC 19.95%, Local 80.05%
Activities: Production and sales of Pajero
Mitsubishi Motors (Guangzhou)
Co., Ltd.
Shareholders: MMC 55.0%
Activities: Distributor
MMC and consolidated subsidiaries
Mitsubishi badged vehicle
Mitsubishi Motors (Shanghai) Co., Ltd.
Shareholders: MMC 100.0%
Activities: Distributor
Mitsubishi Motors (Tianjin) Co., Ltd.
Shareholders: MMC 100.0%
Activities: Distributor
HDMC: Harbin Dongan Automotive Engine
Manufacturing Co., Ltd.
SAME: Shenyang Aerospace Mitsubishi
Motors Manufacturing Co., Ltd.
CFA: Hunan Changfeng Motor Co., Ltd.
20
Car operations
Principal operational facilities in Southeast Asia
Thailand
Vietnam
Malaysia
Singapore
Indonesia
Philippines
MMPC
Importing, production and sales
of automobiles
See page 17
VSM
Automobile assembly from knock down kits
Shareholders: MMC 25.0%, MC 25.0% PROTON 25.0%,
Local 25.0%
MSC
Importing, production and sales
of automobiles
See page 17 USF
Vehicle production
Shareholders: MMC 0.0%
PROTON
Vehicle production
Shareholders: MMC 7.96%, MC 7.96%, Local 84.08%
CCA
Distributor
Shareholders: MMC 0.0%
KTB
Distributor
Shareholders: MMC 0.0%
MKM
Manufacture of automotive parts
Shareholders: MMC 32.3%, MC 32.3%, Local 35.4%
VSM: Vina Star Motors Corporation
USF: United Straits Fuso Sdn. Bhd.
PROTON: Perusahaan Otomobile Nasional Berhad
CCA: Cycle & Carriage Automotive Pte Ltd.
KTB: P.T. Krama Yudha Tiga Berlian Motors
MKM: P.T. Mitsubishi Krama Yudha Motors and Manufacturing
ATC
Manufacture and sales of automotive parts
See page 17
21
Car operations
22
Car operations
Other regions
(Unit: vehicles)
Production facility Model 1997 1998 1999 2000 2001
/ Assembler
MMAL 1 Magna / Verda 59,087 46,574 34,570 38,566 43,801
Total 59,087 46,574 34,570 38,566 43,801
(Unit: vehicles)
Production facility Model 1997 1998 1999 2000 2001
/ Assembler
MMAL 1 Diamante (Magna / Verda) 41,008 35,844 28,239 26,271 24,381
Nagoya Plant 2 Chariot Grandis (Nimbus) 681 575 570 473 389
(Japan) 3Pajero iO 00902 705 422
Mizushima Plant 4 Delica Space Gear (Space Wagon) 946 799 652 627 417
(Japan) 5L300 Delica (Express) 3,075 3,020 3,133 2,117 1,625
6
Lancer / Mirage / Libero (Lancer Wagon)
21,669 26,715 19,676 25,283 22,331
PMC
(Japan) 7 Pajero 6,117 4,761 5,724 7,539 7,491
8Challenger 01,929 2,085 2,267 2,261
MSC (Thailand) 9 Triton (L200 Strada) 6,628 8,007 6,160 5,317 6,195
Total 80,124 81,650 67,141 70,599 65,512
Total market volume 706,064 788,301 766,423 767,244 753,722
Note: Names in parentheses are local market model names MMAL: Mitsubishi Motors Australia, Ltd.
(Unit: vehicles)
Production facility Model 1997 1998 1999 2000 2001
/ Assembler
FMCSA (South Africa) 1 L300 Delica 1,612 1,137 928 930 150
DCSA (South Africa) 2 L200 Strada 01,528 5,452 10,466 13,494
Total 1,612 2,665 6,380 11,396 13,644
Note: (1) Production volume indicates number of vehicles produced locally using parts MMC and consolidated subsidiaries
shipped by MMC from Japan for assembly overseas (knock down kit production excluded) Mitsubishi badged vehicle
(2) Production at FMCSA ceased in February 2001
FMCSA: Ford Motor Company of Southern Africa DSCA: DaimlerChrysler South Africa
Production and sales volumes in Oceania
market as percentages of MMC global totals
Oceania
Near & Middle East and Africa
Production and sales volumes in Near & Middle East and
African market as percentages of MMC global totals
Production volume (Australia)
Sales volume (Australia)
Production volume
Production
volume
Sales
volume
2.
9%
4.
6%
Production
volume
Sales
volume
0.
0%
3.
3%
Car operations
(Unit: vehicles)
Production facility Model 1997 1998 1999 2000 2001
/ Assembler
Nagoya Plant 1 Galant / Legnum 17,396 8,810 4,547 2,582 2,668
(Japan) 2Chariot Grandis 307 846 1,004 1,320 934
3Pajero iO 19 18 2,953 1,098 976
4L200 Strada *****
5GTO 48000
Mizushima Plant 6 Libero 000799
(Japan) 7Delica Space Gear 159 66 38 18 6
8Lancer Cedia 0001,847 10,116
9Lancer Cedia Wagon 00004
10 L300 Delica 3,393 4,400 2,744 2,695 2,264
11 Lancer / Mirage 14,632 32,555 12,920 3,950 246
Pajero Manufacturing
12 Pajero 9,395 11,897 9,567 8,935 9,140
(Japan) 13 Challenger 00191 143 126
MSC (Thailand) 14 L200 Strada 24,799 24,721 19,552 27,830 24,092
MMAL (Australia) 15 Magna / Verda 70 185 150 106 658
Total 70,174 83,506 53,666 50,531 51,329
Note: *Included in data for MSC L200 Strada
MSC: MMC Sittipol Co., Ltd. MMAL: Mitsubishi Motors Australia, Ltd.
Central & South America
Production and sales volumes in Central & South
America market as percentages of MMC global totals
(Unit: vehicles)
Production facility Model 1997 1998 1999 2000 2001
/ Assembler
MMCB (Brazil) 1 L200 Strada 01,560 3,420 6,720 8,820
Total 01,560 3,420 6,720 8,820
Note: Production volume indicates number of vehicles produced locally using parts shipped by MMC from Japan for assembly overseas (knock down kit
production excluded)
MMCB: MMC Automotores do Brasil S.A.
(Unit: vehicles)
Production facility Model 1997 1998 1999 2000 2001
/ Assembler
Nagoya Plant 1 Galant 3,589 5,005 3,569 3,193 1,257
(Japan) 2Chariot Grandis 1,321 1,350 1,104 1,004 660
3L200 Strada ***9,941 10,980
4Pajero iO †† †
3,481 2,205
Mizushima Plant 5Delica Space Gear 138 67 54 42 24
(Japan) 6L300 Delica 4,588 4,670 3,082 2,829 1,894
7Lancer / Mirage 31,843 35,729 25,287 18,782 12,537
Pajero Manufacturing
8Pajero (Montero) 17,254 18,871 13,860 10,692 7,998
(Japan) 9Challenger (Montero Sports) 00011,691 8,296
10 Other 698 730 833 2,410 328
MSC (Thailand) 11 L200 Strada 14,160 23,522 21,428 6,315 6,256
Total 73,591 89,944 62,217 70,380 52,435
Note: “Other” refers to models produced in Japan MSC: MMC Sittipol Co., Ltd. MMC and consolidated subsidiaries
that are not listed in the above table Mitsubishi badged vehicle
*Included in data for L200 Strada
†Included in MSC Lancer / Mirage figures
Sales volume
Production volume
Sales volume (on shipments basis)
Production
volume
Sales
volume
0.6% 3.4%
23
Car operations
24
Lancer
Feb 73
Lancer
Nov 76
Passenger cars
’65 ’70 ’75 ’80 ’85
Cordia
Mar 82
Tredia
Mar 82
Mirage
Mar 78
Delica Truck
Jul 68
Minica
Oct 62
Debonair V
Aug 86
Galant ⌳
Dec 76
Galant ⌳
Eterna ⌳
May 80
Galant ⌺ H/T
Eterna ⌺ H/T
Oct 84
Colt Galant
Dec 69
Mirage Lancer
Fiore
Oct 83
Lancer EX
Mar 79
Mirage/ Lancer
Wagon
Feb 85
Starion
May 82
Pajero
May 82
Forte
Sep 78
Delica
Jun 79
Delica
Jun 86
Chariot
Feb 83
Minica 70
Jul 69
Minica F4
Oct 72
Minica Ami55
Jun 77
Minica Ami L
Sep 81
Minica
Feb 84
Minicab Truck
Aug 66
Minicab 5
Truck
Apr 76
Minicab
Wide 55
Mar 77
Minicab
Jun 84
1970: Galant GTO
1971: Galant FTO
1978: Galant ⌺ Etema
1975: Lancer Celeste
1969: Delica Van
1971: Minica Skipper 1976: New Minica
Leo 3-wheel light vehicle (Sep 59)
Mitsubishi 360 (Mar 61)
Jeep: Starting with the CJ3A
model and going
thorough to the J55
model, Mitsubishi
assembled over
200,000 Jeeps from
knock-down kits, until
Jeep production at
MMC ended in 1998.
Car operations
Products over the years
1971: Galant ⌳ Etema
New Galant
Jun 73
Galant ⌺
May 76
Galant ⌺
Eterna ⌺
May 80
Galant ⌺
Eterna ⌺
Sep 83
1968: Minicab Van
Debonair
Jul 64
Mitsubishi 500 (Apr 60)
Colt 600 (Jul 62)
Colt 1000 (Jul 63)
Colt 1500 (Nov 65)
Colt 800 (Nov 65)
Colt 1000F (Sep 66)
Colt 1100 (Sep 66)
New Colt 1200 (May 68)
New Colt 1500 (May 68)
Colt 1100F (Aug 68)
Jeep (Feb 53)
Pre-MMC models
Minicars (up to 660cc engine size)
Car operations
25
Sigma
Nov 90
Pajero Jr.
Nov 95
Debonair
Oct 92
Proudia
Dignity
Feb 00
New
Diamante
Jan 95
Eterna
Oct 88
Eterna
May 92
Legnum
Aug 96
Eterna Sava
Oct 89
Emeraude
Oct 92
Aspire
Aug 98
Lancer
Cedia
May 00
Lancer
Jun 88
Lancer
Oct 91
Lancer
Oct 95
Lancer Cedia
Wagon
Nov 00
Libero
May 92
Mirage
Dingo
Jan 99
Dion
Jan 00 Airtrek
Jun 01
FTO
Oct 94
Challenger
Jul 96
Strada
May 91 Strada imports Jun 97
Delica Space
Gear
May 94 Toppo BJ
Wide
Jan 99
Pajero iO
Jun 98
RVR
Feb 91
RVR
Nov 97
Minica
Sep 93
Minica
Oct 98
Minica Toppo
Mar 90
Minica Toppo
Sep 93
Toppo BJ
Oct 98 eK Wagon
Oct 01
Townbox
Apr 99
Pajero Mini
Oct 98
Pajero Mini
Dec 94
Diamante
May 90
Jun 99
As at 31 March 2002
Note: Dates refer to launch date
’90 ’95 ’00
Galant
Oct 87
Pajero
Jan 91
Pajero
Sep 99
May 91
Chariot Chariot
Grandis
Oct 97
Minica
Jan 89
Galant
May 92
Galant
Aug 96
Mirage
Oct 87
Mirage
Oct 91
Mirage
Oct 95
Minicab
Bravo
Jan 91
Minicab
Jan 99
GTO
Oct 90
Townbox Wide
Car operations
Net sales, production & sales volume (exports) by region
1997 1998 1999 2000 2001
Japan Net sales ———574,072 554,719
Production volume 152,232 110,163 97,877 102,912 85,448
Sales volume 95,766 74,986 67,320 69,625 63,997
North America Net sales ———24,085 22,390
Production volume 00000
Exports from Japan 5,210 6,820 6,098 5,148 3,128
Europe Net sales ———29,643 15,700
Production volume 7,743 9,763 10,782 12,314 8,179
Exports from Japan 17,984 19,109 13,282 16,889 7,209
Asia & other regions Net sales ———90,703 87,884
Asia Production volume 44,758 11,928 16,036 31,235 38,005
Exports from Japan 61,721 17,842 19,558 47,220 45,421
Near & Middle East, Production volume 00000
Africa Exports from Japan 10,630 10,462 10,462 9,582 11,739
Central & South Production volume 00000
America Exports from Japan 5,827 5,203 2,417 2,572 3,793
Oceania Production volume 00000
Exports from Japan 3,104 3,601 3,527 3,175 3,190
Total Net sales ———718,503 680,693
Production volume 204,733 131,854 124,695 146,461 131,632
Japan sales 200,242 138,023 122,664 154,211 138,477
volume + exports
Note: (1) Production volume indicates number of vehicles produced locally using parts shipped by MMC from Japan for assembly overseas (knock down
kit production excluded)
(2) Exports from Japan are the total of built up vehicles, knock down kits and parts used in production outside Japan
(Unit: JPY million; vehicles)
Truck & bus operations
Net sales, production & sales volume (exports) by region
Production models by region
Production models by region
Japan Tokyo Plant-Kawasaki 1 Heavy trucks
2Medium trucks
3Light trucks
Oye Bus Plant 4 Small buses
MBM5Large buses
6Medium buses
Europe Portugal MTE 7 Light trucks
Turkey TEMSA 8
Medium, large buses
Asia Taiwan CMC 9 Light trucks
Indonesia KRM 10 Light trucks
KRM 11
Medium, heavy trucks
Region / country Production Model Drive Transmission
facility / Assembler
4҂4 6҂2 2FA 6҂2 2RA 6҂4 8҂4AT MT INOMAT4҂2 6҂6
Key: Sold in Japan and other markets Sold in Japan Sold in overseas markets
MMC and consolidated subsidiaries
Truck & bus operations
26
Asia & other regions
Net
sales
12.9%
Near & Middle
East, Africa
Central &
South America
Oceania
Production
volume
Market
share
0.0% 8.5%
Production
volume
Market
share
0.0% 2.7%
Production
volume
Market
share
0.0% 2.3%
50,000
100,000
150,000
200,000
1997 1998 1999 2000 2001
1997 1998 1999 2000 2001
50,000
100,000
150,000
200,000
Net sales
Production volume
Sales volume (exports)
200,000
400,000
600,000
800,000
2000 2001
Net
sales
Production
volume
Market
share
81.5% 64.9% 46.2%
Japan
Net
sales
Production
volume
Market
share
3.3% 0.0% 2.3%
North America
Net
sales
Production
volume
Market
share
2.3%
6.2% 5.2%
Europe
Production
volume
Market
share
28.9% 32.8%
Asia
(Unit: JPY million)
(Unit: vehicles)
(Unit: vehicles)
Engine
Gasoline Diesel
4G6 4D3 4M4 4M5 6D3 6D1 6M6 6D2 6M7 8DC 8M2 LPG CNG
(As at 31 March 2002)
Formal corporate names of production
facilities and assemblers
MBM
Mitsubishi Automotive
Bus Manufacturing
MTE
Mitsubishi Trucks Europe-
Sociedade Europeia de
Automoveis, S.A.
TEMSA
Termo Mekanic Sanayi ve Ticaret
A.S.
CMC
China Motor Co., Ltd.
KRM
P.T. Krama Yudha Ratu Motors
1
2
3
4
5
6
7
8
9
10
11
Truck & bus operations
27
Truck & bus operations
Japan
MMC sales volume share of
Japanese market
(Unit: vehicles)
MMC 63,997
Total market volume 213,391
Net sales, production and sales
volumes in Japanese market as
percentages of MMC global totals
Plant / Company Type 1997 1998 1999 2000 2001
Tokyo Plant - Kawasaki
1Light trucks 100,208 73,687 61,090 67,465 52,136
2Medium trucks 22,169 15,424 16,146 15,020 14,208
3Heavy trucks 22,155 13,034 14,140 14,160 12,281
Oye Bus Plant 4 Small buses 5,134 5,636 4,660 4,377 4,582
MBM 5 Medium buses 557 440 387 377 444
6Large buses 2,009 1,942 1,454 1,513 1,797
Total 152,232 110,163 97,877 102,912 85,448
Plant / Company Type 1997 1998 1999 2000 2001
Tokyo Plant - Kawasaki
1Light trucks 60,961 48,359 42,182 44,282 38,659
2Medium trucks 16,468 12,907 11,276 11,855 11,892
3Heavy trucks 13,422 9,131 9,515 9,606 9,597
Oye Bus Plant 4 Small buses 2,917 2,794 2,747 2,346 2,168
MBM 5 Medium buses 408 503 441 433 446
6Large buses 1,590 1,292 1,159 1,103 1,235
Total 95,766 74,986 67,320 69,625 63,997
Total market volume 315,690 239,275 220,754 231,205 213,391
MMC and consolidated subsidiaries
(Unit: vehicles)
Net
sales
Production
volume
Sales
volume
81.
5%
64.
9%
46.
2%
30.0%
(Unit: vehicles)
Truck & bus operations
28
Production volume
Sales volume
Truck & Bus Research & Kawasaki
Development Center
Kitsuregawa Proving Ground
Vehicle production Tokyo Plant - Kawasaki
Oye Bus Plant
Mitsubishi Automotive Bus
Manufacturing Co., Ltd.
Engine production Tokyo Plant- Kawasaki
Transmission production Tokyo Plant- Kawasaki
Cogwheel-related parts Tokyo Plant-Nakatsu
Mitsubishi Automotive
Techno-Metal Co., Ltd.
(As at 31 March 2002)
R&D facilities
Production facilities (As at 31 March 2002)
Truck and bus dealerships 36
(Consolidated subsidiaries) (27)
(Equity method subsidiaries) (2)
(Independent dealerships) (7)
New truck and bus sales outlets 296
(As at 31 March 2002)
Sales organization
Truck & bus operations
29
Truck & bus operations
Europe
European market as
percentage of MMC global total
Plant / Company Type 1997 1998 1999 2000 2001
MTE 1 Light trucks 7,297 9,455 10,588 11,796 8,058
TEMSA 2 Large buses 446 308 194 518 121
Total 7,743 9,763 10,782 12,314 8,179
MTE: Mitsubishi Trucks Europe-Sociedade Europeia de Automoveis, S.A.
TEMSA: Termo Mekanic Sanayi ve Ticaret A.S.
Plant / Company Type 1997 1998 1999 2000 2001
Tokyo Plant - Kawasaki
1Light trucks 17,503 18,681 13,033 16,320 7,206
2Medium trucks 0171 0 0 2
3Heavy trucks 0000 1
Oye Bus Plant 4 Small buses 1115 0
MBM 5 Medium & large buses 480 256 248 564 0
Total 17,984 19,109 13,282 16,889 7,209
MMC and consolidated subsidiaries
(Unit: vehicles)
Production volume
Exports from Japan to Europe
Truck & bus operations
North America
Plant / Company Type 1997 1998 1999 2000 2001
Tokyo Plant - Kawasaki
1Light trucks 3,299 4,148 3,583 3,061 2,050
2Medium trucks 969 1,560 1,461 1,161 611
3Heavy trucks 942 1,112 1,054 926 467
Total 5,210 6,820 6,098 5,148 3,128
MMC and consolidated subsidiaries
Exports from Japan to North America
2.
3%
5.2%
(Unit: vehicles)
(Unit: vehicles)
North American market as
percentage of MMC global total
Mitsubishi Fuso Truck of America, Inc. (MFTA)
Location: Logan, New Jersey
Capitalization: USD 10 million
Activities: Importing, sales of automobiles
MMC voting rights: 100.0%
(As at 31 March 2002)
Major operational facilities
Major operational facilities
Mitsubishi Trucks Europe-Sociedade Europeia de
Automoveis, S.A. (MTE)
Location: Tramagal, Portugal
Capitalization: EURO 7.485 million
Activities: Manufacture and sales of
automobiles and parts
MMC voting rights: 99.7%
(As at 31 March 2002)
Middle East & Africa, Central & South
America, Oceania markets as percentage of
MMC global total
Mitsubishi Trucks Australia Pty. Ltd. (MTA)
Location: Sydney
Capitalization: AUD 7 million
Activities: Importing, sales of automobiles
MMC voting rights: 100.0%
Middle East
& Africa
Truck & bus operations
Other regions
Production facility /
Type 1997 1998 1999 2000 2001
Company
Tokyo Plant - Kawasaki
1Light trucks 7,680 7,935 7,935 6,550 8,069
2Medium trucks 1,276 1,157 1,157 1,424 1,632
3Heavy trucks 718 355 355 543 608
Oye Bus Plant 4 Small buses 950 915 915 1,061 1,330
MBM 5 Medium & large buses 6100 100 4 100
Total 10,630 10,462 10,462 9,582 11,739
MMC and consolidated subsidiaries
Truck & bus operations
Asia
Asian market as percentage of MMC global totals
32.8%
8.
5%
2.
7%
2.
3%
(As at 31 March 2002)
(Unit: vehicles)
OceaniaCentral &
South America
Truck & bus operations
Major operational facilities
Exports from Japan to Middle East & Africa
Production facility /
Type 1997 1998 1999 2000 2001
Company
CMC 1 Light trucks 8,912 9,515 8,363 8,882 6,210
KRM 2 Light trucks 32,186 2,275 6,755 20,313 29,725
3Medium and heavy trucks 3,660 138 918 2,040 2,070
Total 44,758 11,928 16,036 31,235 38,005
CMC: China Motor Co., Ltd.
KRM: P.T. Krama Yudha Ratu Motors
Production facility /
Type 1997 1998 1999 2000 2001
Company
Tokyo Plant - Kawasaki
1Light trucks 50,161 13,056 14,763 40,030 40,869
2Medium trucks 1,241 614 855 491 127
3Heavy trucks 9,205 3,105 3,242 5,874 3,570
Oye Bus Plant 4 Small buses 324 491 474 440 336
MBM 5 Medium & large buses 790 576 224 385 519
Total 61,721 17,842 19,558 47,220 45,421
MMC and consolidated subsidiaries
(Unit: vehicles)
(Unit: vehicles)
Production volume
Exports from Japan to other Asian markets
30
Production facility /
Type 1997 1998 1999 2000 2001
Company
Tokyo Plant - Kawasaki
1Light trucks 4,294 3,777 1,620 2,196 3,178
2Medium trucks 685 477 116 147 140
3Heavy trucks 197 168 95 67 99
Oye Bus Plant 4 Small buses 646 776 586 162 376
MBM 5 Medium & large buses 5500 0
Total 5,827 5,203 2,417 2,572 3,793
Production facility /
Type 1997 1998 1999 2000 2001
Company
Tokyo Plant - Kawasaki
1Light trucks 1,825 2,228 2,212 1,869 1,760
2Medium trucks 532 497 402 492 631
3Heavy trucks 624 803 904 603 586
Oye Bus Plant 4 Small buses 123 71 9 211 213
MBM 5 Medium & large buses 0200 0
Total 3,104 3,601 3,527 3,175 3,190
Production facility /
Type 1997 1998 1999 2000 2001
Company
Tokyo Plant - Kawasaki
1Light trucks 0610 0
2Medium trucks 0101 0
3Heavy trucks 197 159 81 17 25
Total 197 166 82 18 25
MMC and consolidated subsidiaries
Turkey TEMSA2
Production of large buses
Malaysia USF
Indonesia KTB and MKM4
KTB: Distributor; MKM: Production of parts
Australia MTA
See page 30
Philippines MMPC
3
Production light, medium, heavy trucks
and medium, large buses
Note: MMC also has knock down production facilities in, among others, Egypt, Morocco, Kenya, Malaysia, Costa Rica. MMC and consolidated subsidiaries
1VSM:Vina Star Motors Corporation
2TEMSA:Termo Mekanic Sanayi ve Ticaret A.S.
3MMPC:Mitsubishi Motors Philippines Corp.
4KTB:P.T. Krama Yudha Tiga Berlian Motors
4MKM:P.T. Mitsubishi Krama Yudha Motors
and Manufacturing
5DCSA:DaimlerChysler South Africa
Major
operational
facilities
worldwide
Vietnam VSM1
Knock down production of light trucks
South Africa DCSA5
Knock down production of light trucks
31
Truck & bus operations
Exports from Japan to Central & South America
Exports from Japan to Oceania
Other
United States MFTA
See page 29
Portugal MTE
See page 29
Thailand MSC
Head office
Minato-ku, Tokyo
Kitsuregawa
Proving Ground
Kitsuregawa, Tochigi Prefecture
Road testing, evaluation
Mitsubishi Automotive
Techno-Metal Co., Ltd.
Nihonmatsu, Fukushima Prefecture
Production of parts
Truck & Bus
Research & Develop-
ment Center - Kawasaki
Kawasaki, Kanagawa Prefecture
Basic research, parts and transmis-
sions development
Tokyo Plant - Kawasaki
Kawasaki, Kanagawa Prefecture
Production of vehicles, engines,
transmissions, industrial engines
Mitsubishi Automotive
Bus Manufacturing
Co., Ltd.
Funaka-machi, Toyama Prefecture
Production of medium and large
buses
Tokyo Plant - Nakatsu
Aikawa-machi, Kanagawa Prefecture
Production of parts
Oye Bus Plant
Nagoya, Aichi Prefecture
Production of small buses
B620
May 70
Truck & bus operations
Products over the years
Mitsubishi trucks and buses
’40 ’45 ’50 ’55 ’60 ’65 ’70
Light trucks
The dawning of truck and bus production at Mitsubishi
1932 First B46 gasoline bus “Fuso” built at Mitsubishi Shipbuilding Co., Ltd.’s shipyard in Kobe
1935 BD46, Japan’s first diesel bus built at Mitsubishi Shipbuilding Co., Ltd.’s shipyard in Kobe
1936 Large vehicle production transferred from Kobe Shipbuilding Yard to Tokyo Equipment Manufacturing Works
1946 KT1 4-ton truck developed. B1 gasoline bus and truck production starts.
1952 Fuso Motor Sales Co., Ltd. renamed Mitsubishi Fuso Motor Sales Co., Ltd.
Jupiter
Junior
Apr 63
Canter T720
Mar 63
Canter T90
Jul 68
Jupiter T10,
T11
Jul 59
KTI
Jul 46
B1
Feb 46
T380,
T390
Sep 59
B10, B20
Dec 60
B46
May 32
R1
Jan 50
Jupiter T44
Jul 70
Fuso T620
Oct 64
Fuso T650
Feb 70
T31
Oct 51
T330
Aug 60
T910, T810,
T951
Mar 60
B12
Sep 66
B1
Feb 46
B25
Jun 50 Apr 58
MR620
Feb 64
R300
Mar 58
B9-series,
B800-series
Aug 67
B906R
Dec 68
Heavy trucks
Small buses
Medium
buses
Large buses
Bonnet-type buses
Bonnet-type truck
Cab-over type truck
Rear engine buses
1935: BD 46
(1965: Jupiter
T40,T41)
Medium
trucks
B300
32
Truck & bus operations
Canter 15
Feb 80
Canter Guts
Jan 87
As at 31 March 2002
Note: Dates refer to date of launch. * Fully redesigned Canter series introduced in June 2002.
Current truck models
Category Type Payload (ton) Models
Light truck Canter Guts 1.25 - 1.75 FB, FD, FA
Canter 2.0 - 4.95 FE, FG, FC
Medium truck Fighter Minion 3.2 - 4.8 FH
Fighter 2.95 - 11.7 FK, FL, FM, FN
Heavy truck Super Great 8.1 - 16.7 FP, FY, FS,
FT, FU, FV
Current bus models
Category Type
Small bus Rosa
Aero Midi
Medium bus Aero Midi
Large bus New Aero Star
Aero Bus
Aero Queen
Aero King
Canter Guts
Feb 93
Canter T200
May 73
Canter FE
Nov 78
Canter
Oct 85
Canter
Feb 93
Fighter Mignon
Feb 86
Fighter Mignon
Feb 95
Fuso FK
Jul 76
Fighter
Feb 84
Fighter
Jul 92
Fuso F-series
Dec 73
The Great
Jul 83
The Great
Jul 93
Super Great
Jun 96
B200, B36
May 73
BE2, BH2
Mar 79
BE4
Jun 86
Rosa
Oct 97
MK Series
Dec 79
Aero Midi MK
Jan 88
Aero Midi MJ
Sep 93
Aero Midi ME
Sep 93
MP Series
Jun 76
MS Series
Jan 80
Aero Series
Feb 82
Aero Series
Sep 88
New Aero
Series
Oct 92
Rosa
’75 ’80 ’85 ’90 ’95 ’00
T331
Jan 73
1974: FM FM
1977: FS
33
Truck & bus operations
Environmental stewardship
MMC environment sustainability plan
1. Environmental management
Focus Initiatives Targets
1-1 Design for Environment (DfE) Establishing DfE framework Establish developmental processes using Design for the
Environment (DfE) principles which effectively minimize the
environmental loads of MMC automobile products
throughout their full life cycle (by end fiscal 2002.)
1-2 Relationship with suppliers Encouraging suppliers ISO14001 certification acquisition by all suppliers (By end
(Open and transparent to acquire ISO14001 fiscal 2004.)
procurement practices) certification
1-3 Relationship with sales Providing logistic support Establishment and execution of environmental
companies for sales companies to management systems at all sales companies.
establish environmental
management systems
1-4 Relationship with vehicle and (1) Encouraging assemblers Increase ISO14001 certification acquisition at production
parts manufacturers in Japan to acquire ISO14001 facilities both in Japan and overseas and encourage
and overseas certification practice of environmental management activities similar to
those at MMC (all production facilities in Japan now have
ISO14001 certification.)
(2) Cooperative relationship Use biannual MMC Group Production Facility Environment
with vehicle and parts Conference to encourage introduction and full
manufacturers in Japan implementation of MMC Environment Sustainability Plan.
(3) Cooperative relationship – Regular (biannual) checks on assembler’s compliance
with overseas vehicle with, and changes in, public regulations.
and parts manufacturers – Implementation of environmental measures when
in Japan demanded by local communities.
–Strengthen teamwork with major affiliates on environ-
mental and recycling issues through medium of
International Production Meetings.
1-5 Disclosure of information Disclose information Continue to publish and improve content of MMC
relating to MMC’s Environmental Report. Upgrade information provided over
environmental stewardship the Internet.
performance
2. Recycling
Focus Initiatives Targets
2-1 Promotion of automobile – Complying with automobile Achieve actual recycling rate of 95%.
recycling recycling legislation in (1) In Japan, active participation in establishment of
Japan and the E.U. recycling systems working with national government,
–Improving recyclability local authorities and other related bodies.
of products In the EU, working with DaimlerChrysler and others to
–Reducing quantities of establish recovery network for end-of-life vehicles.
environmental-load (2) Promotion of product recyclability
substances Development of more readily recyclable materials,
vehicle structures; increase use of recycled materials.
(3) Promote elimination of high environmental-load sub-
stances (lead, mercury, hexa-chrome, cadmium, etc.)
2-2 Reduction of factory waste (1) Achieving zero landfill Continue zero landfill waste policy. (Target achieved at end
and energy use in production waste of fiscal 2001.)
process
(2) Promoting recycling Increase waste re-use rate to 98% and over by end of fiscal
2005.
(3) Reducing generation of Reduce metal turning waste and waste foundry sand.
by-products
(4) Making more effective use Reduce total quantity used by increasing use of
of water supplies recirculated water.
34
Environmental stewardship
3. Prevention of global warming
Focus Initiatives Targets
3-1 Automobile fuel consumption (1) Complying with Japanese Meet Japanese 2010 mileage standards by end of fiscal 2005.
mileage standards
(2) Complying with European Honor commitment to European 2009 voluntary mileage
voluntary mileage targets agreement.
(3) Trucks and buses Achieve further reductions in actual fuel consumption.
3-2 Air conditioner refrigerants (1) Reducing quantity of Increase percentage of model lineup using low-CFC
alternative-CFC HFC 134a refrigerant air conditioners.
used in MMC products
(2) Developing non-CFC Work jointly with air conditioner manufactures to develop
air conditioners CO2-based air conditioners.
3-3 Production, vehicle (1) Reducing CO2 emissions by Reduce total CO2 emissions to 20% less than fiscal 1990
transportation reducing energy figure by end of fiscal 2010.
consumption at production
facilities
(2) Reducing CO2 emissions in Increase vehicle transportation efficiencies to reduce CO2
distribution logistic system emissions per vehicle shipped to 10% less than fiscal 2000
figure by end of fiscal 2005.
(3) Reducing quantities of Reduce quantity of wooden crating used per unit knock-
crating, packing materials down sales to 15% less than fiscal 2000 figure by end of
fiscal 2005.
3-4 Traffic flow Reducting of traffic congestion Development and widespread application of on-board ITS
using ITS technology instruments and equipment.
4. Prevention of environmental pollution
Focus Initiatives Targets
4-1 Development and promotion of (1) Fuel-cell vehicle related Continue working with DaimlerChrysler on research into
low-pollution vehicles R&D and practical application of FCV technology.
(2) Market introduction of Continue development and market introduction of com-
clean-energy vehicles pressed natural gas (CNG) and hybrid electric vehicles (HEV).
(3) Addition of more – Increase proportion of low-emission vehicles (low fuel
low-consumption consumption and low-to-ultra-low emissions) supplied for
low-emission models in official government use to over 70% of total from 2003
product lineup onwards.
–Increase proportion of vehicles qualifying for Vehicle
Green Tax exemption to over 80% of domestic regular
(engine size larger than 660cc) car sales from 2003
onwards.
–Increase proportion of vehicles qualifying for Vehicle
Green Tax exemption to over 45% of domestic minicar
sales from 2003 onwards.
(4) Reduction of exhaust Well-timed introduction of models conforming to regulations.
emissions in Japan and
overseas markets
4-2 Reduction in use of (1) Elimination of lead from Eliminate lead from electrostatic painting process for all
environmental-load substances end of fiscal 2002 Japan market cars by end of fiscal 2002.
in production process
(2) Reduction of volatile Reduce VOC emissions in car paint shop to under 35g/m2
organic compound by end fiscal 2002 by switching to water-based paints.
(VOC) emissions
(3) Reduction of dioxin Reduce dioxin emissions from waste incinerators to
emissions under 1/10th of regulated levels by end of fiscal 2002.
Environmental stewardship
35
Motorsport
Motorsport
2002 Arras-Madrid-Dakar
Position Driver Manufacturer / model Overall time*
1H. Masuoka Mitsubishi Pajero/Montero 46:11:30
2J. Kleinschmidt Mitsubishi Pajero/Montero +00:22:01
3K. Shinozuka Mitsubishi Pajero/Montero +00:35:15
4J-P. Fontenay Mitsubishi Pajero/Montero +01:37:30
5C. Sousa Mitsubishil 200 +05:20:57
6S. Al-Hajri Mitsubishil 200 +08:24:51
7L. Alphand Mitsubishi Pajero/Montero +10:40:02
8K. Kolberg Mitsubishi Pajero/Montero +12:21:09
9J-J. Ratet Toyota +15:48:03
10 N. Misslin Mitsubishi Pajero/Montero +18:04:22
2001 Paris-Dakar
Position Driver Manufacturer / model Overall time*
1J. Kleinschmidt Mitsubishi Pajero/Montero 70:42:06
2H. Masuoka Mitsubishi Pajero/Montero +00:02:39
3J-L Schleser Schlesser Buggy Renault +00:23:29
4J-M Servia Schlesser Buggy Renault +02:06:24
5C. Sousa Mitsubishi L200 +02:08:30
6J-P. Fontenay Mitsubishi Pajero/Montero +03:54:05
7S. Henrard Volkswagen Buggy +05:05:19
8G. De Mevius Nissan Terrano +06:29:59
9T. Delavergne Nissan Terrano +09:06:26
10 L. Bourgnon Nissan Terrano +13:58:08
2000 Paris-Dakar-Cairo
Position Driver Manufacturer / model Overall time*
1J-L. Schlesser Schlesser Buggy 45:06:03
2S. Peterhansel Mega Desert +00:12:33
3P. Fontenay Mitsubishi Pajero/Montero +00:27:33
4J-M. Servia Schlesser Buggy +00:38:50
5J. Kleinschmidt Mitsubishi Pajero/Montero +01:09:00
6H. Masuoka Mitsubishi Pajero/Montero +01:41:12
7B. Saby Protruck +02:43:15
8T. De Lavergne Nissan Terrano +03:39:28
9H. Pescarolo Nissan Terrano +05:03:10
10 R. Vila Altimir Nissan Patrol +06:46:26
1999 Granada-Dakar
Position Driver Manufacturer / model Overall time*
1J-L. Schlesser Schlesser Buggy 70:26:35
2M. Prieto Mitsubishi Pajero/Montero +00:33:38
3J. Kleinschmidt Mitsubishi Pajero/Montero +01:42:02
4K. Shinozuka Mitsubishi Pajero/Montero +02:25:34
5J-M. Servia Schlesser Buggy +03:39:28
6H. Masuoka
Mitsubishi Pajero Sport/Montero Sport
+05:16:28
7S. Peterhansel Nissan Patrol +06:11:21
8T. De Lavergne Nissan Patrol +06:26:22
9P. Fontenay Mitsubishi Pajero/Montero +08:32:39
10 A. Servia Nissan Patrol +12:15:40
1998 Paris-Granada-Dakar
Position Driver Manufacturer / model Overall time*
1J-P. Fontenay Mitsubishi Pajero/Montero 65:25:58
2K. Shinozuka Mitsubishi Pajero/Montero +01:45:44
3B. Saby Mitsubishi Pajero/Montero +01:59:01
4H. Masuoka
Mitsubishi Pajero Sport/Montero Sport
+05:55:27
5J-L. Schlesser Buggy Original +08:10:39
6P. Alliot Nissan Patrol +11:39:43
7D Housieaux Nissan Patrol +13:20:24
8T. De Lavergn Nissan Patrol +13:52:15
9M. Prieto Mitsubishi Pajero/Montero +17:42:50
10 B. Ten Harkel Mitsubish Pajero/Montero +23:28:05
Dakar Rally results 1998 – 2002
36
Note: * For second place and after, time behind winner
Motorsport
WRC 2001 Mitsubishi drivers: Tommi Makinen, Freddy Liox
TOTAL MC S P E RA CY GR EAK FIN NZ I F AUS GB
Peugeot 106 00 416 000613516161416
Ford 86 6 8 6 2 14 14 10 0 6 10 7 0 3 0
Mitsubishi 69 13 10 10 743613001020
Subaru 66 04 3186607112774
Skoda 17 51 000144000002
Hyundai 17 23 300200000304
WRC 2000 Mitsubishi drivers: Tommi Makinen, Freddy Liox
TOTAL MC S EAK P E RA GR NZ FIN CY F I AUS GB
Peugeot 111 0110936210134161614 7
Ford 91 6 4 3 4 14 0 16 10 6 16 4 5 0 3
Subaru 88 4 5 16 10 6 13 4 0 2 4 5 1 6 12
Mitsubishi 43 12 6 0 2360042 040 4
Seat 11 304 0000000 103 0
Hyundai 80000010310 003 0
Skoda 81031003000 000 0
WRC 1999 Mitsubishi drivers: Tommi Makinen, Freddy Liox
TOTAL MC S EAK P E F RA GR NZ FIN CN I AUS GB
Toyota 109 4910101018665714460
Subaru 105 73 03521610616 921016
Mitsubishi 83 10 10 0 3 10 6 3 7 11 2 0 13 7 2
Ford 37 041311061000 0101
Seat 23 50 20100044 2014
Peugeot 11 00 00000003 0620
Skoda 60 0 00000300 0003
WRC 1998 Mitsubishi drivers: Tommi Makinen, Richard Burns
TOTAL MC S EAK P E F RA GR NZ FIN I AUS GB
Mitsubishi 91 2 10 10 3 7 0 13 0 4 12 10 10 10
Toyota 85 10 6 3 6 6 1 6 9 16 9 3 10 0
Subaru 65 7 3 0 11 0 14 3 11 3 0 10 3 0
Ford 53 7 4 10 2 0 2 4 4 3 4 1 2 10
Seat 10 0 0 00 0 0 0 0 0 001
WRC 1997 Mitsubishi drivers: Tommi Makinen, Richard Burns
TOTAL MC S EAK P E F RA GR NZ FIN RI I AUS GB
Subaru 114 10 13 10 0 9 12 10 0 10 0 4 16 10 10
Ford 91 97 3406016106164010
Mitsubishi 86 6 4 6 10 10 0 10 7 3 10 3 4 9 4
MC....Rallye de Monte Carlo S....Swedish Rally P....Rally de Portugal E....Rallye Catalunya (Spain) RA....Rally Argentina CY....Cyprus Rally
GR....Acropolis Rally (Greece) EAK....Safari Rally (Kenya) FIN....Neste Rally Finland NZ....Rally New Zealand I....Rallye Sanremo (Italy)
F....Tour de Corse (France) AUS....Rally Australia GB....Rally of Great Britain CN....China Rally RI....Rally of Indonesia
Over the years
Manufacturer 1997 1998 1999 2000 2001
Mitsubishi
Peugeot ––
Ford
Subaru
Skoda ––
Hyundai –– –
Toyota – ––
Seat – –
World Rally Championship (WRC) results 1997 – 2001
Manufacturer’s championship points by year
1997 1998 1999 2000 2001
Mitsubishi
PeugeotToyota
Ford
Subaru
Skoda
Seat Hyundai
3
1
3
4
3
37
Truck & bus equity alliance agreement
DaimlerChrysler MMC Beteilgungsgesellschaft mbH has replaced AB Volvo as the party to the contract outlined below.
(DaimlerChrysler MMC Beteilgungsgesellschaft mbH changed its corporate name from Hercules Inc. on 11 December
2001). For AB Volvo to transfer all operational collaborative arrangements and its 3.3% shareholding in MMC to
DaimlerChrysler AG, AB Volvo: (1) on 9 April 2001 transferred all agreements with MMC including those outlined below
to Hercules, a subsidiary of DaimlerChrysler AG; (2) on 29 June 2001 transferred its holding of Hercules shares to
DaimlerChrysler AG.
Contracting company Contracting partner Contract details Contract dates
Company Incorporated in
Mitsubishi Motors AB Volvo Sweden • Agreement to underwrite issue of MMC shares Signed 8 Oct 1999
Corporation Parties sign agreement under which AB Volvo
to underwrite new issue of MMC shares
•Operational alliance agreement Signed 13 Dec 1999
MMC and AB Volvo sign a strategic alliance
agreement relating to truck and bus operations
under which:
(1) MMC to establish a new subsidiary by the
end of 2001 and transfer to that subsidiary its
truck and bus development, production and
sales operations; AB Volvo to acquire up
to19.9% of the shares in the new subsidiary.
(2) MMC to appoint two non-management
board members to AB Volvo’s truck and bus
subsidiaries and AB Volvo to appoint two
non-management board members to MMC’s
new truck and bus subsidiary.
(3) The parties to collaborate in a broad range of
truck and bus-related projects.
•Operational alliance agreement amended Signed 27 Dec 2000
as follows:
(1) MMC agrees that DaimlerChrysler AG will
not become involved in truck and bus side
of business even in the event that
DaimlerChrysler AG acquires an equity
stake in MMC.
(2) MMC to make every effort to establish the
new truck and bus subsidiary by 31 July 2001.
(3) AB Volvo to make a capital contribution to
Mitsubishi Fuso Truck & Bus Company
corresponding to 19.9 percent of the new
company’s capital and voting rights.
(4) MMC and AB Volvo to work towards signing
of shareholder contract relating to the new
truck and bus company by 31 October 2000.
(5) Contract term extended to 10 years.
Major alliances and contracts
Major alliances and contracts
38
Equity alliance and reorganization of operations agreements
Contracting company Contracting partner Contract details Contract dates
Company Incorporated in
Mitsubishi Motors
DaimlerChrysler AG
Germany • Master alliance agreement Signed 28 Jul 2000
Corporation Parties agree to form an international alliance Amended 8 Sep 2000
covering the design, development, production
and distribution of passenger cars and light
commercial vehicles. The alliance does not
cover the two parties’ commercial vehicle
operations or the new truck and bus company
MMC is to establish.
• Standstill agreement Signed 28 Jul 2000
DaimlerChrysler agrees not to increase its Amended 8 Sep 2000
holding of Mitsubishi Motors stock beyond 34
percent over the next three years without the
approval of the Mitsubishi Motors board.
Mitsubishi Motors
DaimlerChrysler AG
Germany • Securities subscription agreement Signed 28 Jul 2000
Corporation (1) MMC to make a new issue of shares giving Amended 8 Sep 2000
DaimlerChrysler AG a 34% equity stake in Amended 28 Sep 2000
MMC after issue (share price JPY 405; total
JPY 202.4 billion)
DaimlerChrysler Japan (2) MMC to issue convertible bonds in a principal
Holding Co., Ltd. amount of JPY 21.3 billion to DaimlerChrysler
Japan Holding, Ltd.
Mitsubishi Motors Nissan Motor Co. Japan • Memorandum of agreement Signed 3 Oct 2001
Corporation In connection with MMC spinning off its
automatic and continuously variable transmission
operations into a new company, and merger of
new company with JTT:
JATCO Trans- Japan (1) Integration aimed at creating highly
Technology (JTT) 1competitive and independent AT/CTV
manufacturer supplying broad customer
base in global market.
(2) After spinning off AT and CVT operations,
new company to become a fully-owned
subsidiary of JTT. MMC to become
shareholder in JTT. New subsidiary and
JTT to merge eventually.
•Reorganization agreement Signed 25 Mar 2002
Agreements relating to spinning MMC AT and
CTV operations off into new company, and its
subsequent merger with JTT:
(1) MMC to spin off AT and CVT operations
under law governing “Divisions for formation
of new small-scale companies”. New
company to be named Daimondmatic
Co., Ltd.
(2) Diamondmatic and JTT to exchange shares.2
Mitsubishi Motors IBM Japan, Ltd. Japan • Memorandum of agreement Signed 7 Dec 2001
Corporation In connection with outsourcing of MMC
information technology operations to IBM Japan:
(1)
The purpose of the alliance is to: raise the
quality of IT operations in the MMC group
as a whole, MMC and its IT subsidiaries
included; raise the motivation level of
employees engaged in IT work; and
reduce costs.
(2) The outsourcing alliance is premised on the
transfer to IBM Japan of those assets,
employees and rights possessed by MMC
and by its subsidiaries MMC IT Solutions,
MMC System Service and MMC Computer
Research and that fall under the scope of the
alliance agreement.
(3) Before the execution of the outsourcing
agreement, MMC and IBM Japan will
conduct a detailed examination of all
technologies, financial matters, personnel,
contracts and other matters relating to the
assets possessed by MMC’s subsidiaries
and to the IT work they conduct.
Note : 1JATCO TransTechnology Ltd. renamed JATCO Ltd. on 1 April 2002
2Diamondmatic Co., Ltd. (DMC) and JATCO signed a contract on 9 May 2002 agreeing to effect an exchange of shares which would make DMC a fully-
owned subsidiary of JATCO. The exchange of shares was implemented on 1 July 2002 at a ratio of 1.31423 JATCO shares to one DMC share.
Major alliances and contracts
39
Project collaboration agreement
Contracting company Contracting partner Contract details Contract dates
Company Incorporated in
Mitsubishi Motors DaimlerChrysler AG Germany • Master collaboration agreement governing the Signed 13 Oct 2001
Corporation running and management of a new compact
model project.
Mitsubishi Motor Micro Compact Germany
Sales Europe B.V. Car smart GmbH
(consolidated
subsidiary)
Supply contract
Contracting company Contracting partner Contract details Contract dates
Company Incorporated in
Mitsubishi Motors Mazda Japan • OEM supply of light commercial vehicles for Signed 18 Jun 1999
Corporation Japanese market for four years commencing
October 1999.
Technical assistance, capital participation, supply contracts
Contracting company Contracting partner Contract details Contract dates
Company Incorporated in
Mitsubishi Motors Hyundai Motor Co. South • Technical assistance agreement Signed Mar 1987
Corporation Korea TA relating to engines and transmissions for
passenger car and light commercial vehicles.
•Capital participation agreement Signed Apr 1982
MMC currently holds a 1.8% equity stake in
Hyundai Motor Co.
•Component and parts supply agreement Signed Apr 1984
Supply of components and parts for
passenger cars.
Technical assistance and supply contracts
Contracting company Contracting partner Contract details Contract dates
Company Incorporated in
Mitsubishi Motors
Perusahaan Otomobil
Malaysia • Agreements relating to the Malaysian National
Corporation
Nasional Bhd. (Proton)
Car Project:
–TA relating to vehicle development Signed Nov 1999
– TA relating to engine manufacture Signed Mar 1989
–TA relating to transmission manufacture Signed Mar 1991
– TA relating to casting Signed Dec 1992
–Parts supply contract Signed Nov 1997
Technical assistance contract
Contracting company Contracting partner Contract details Contract dates
Company Incorporated in
Mitsubishi Motors PSA Peugeot Citroen France • TA relating to engines Signed Jan 1999
Corporation
40
Major alliances and contracts
41
Joint venture contracts
Contracting company Contracting partner Contract details Contract dates
Company Incorporated in
Mitsubishi Motors
Harbin Dong-an
Engine
China • Establishment of Harbin Dong-An Mitsubishi 30 years from
Corporation
Manufacturing Co.
Motors Engine Manufacturing Co., Ltd. in Sep 1998
connection with automobile engine business in
China. MMC has a 15.3% equity holding in
this company.
Harbin Aircraft China
Manufacturing Co.
Harbin Dong-an Auto
China
Engine Joint-Stock Ltd.
Mitsubishi Corporation
Japan
MCIC Holdings Sdn. Malaysia
Mitsubishi Motors China Aerospace China • Establishment of Shenyang Aerospace 30 years from
Corporation Automotive Ind. Grp. Mitsubishi Motors Engine Manufacturing Co., Aug 1997
Co.* Ltd. in connection with automobile engine
business in China. MMC has a 25.0% equity
holding in this company.
Shenyang Construction
China
Investment Co.
Mitsubishi Corporation Japan
MCIC Holdings Sdn. Malaysia
Mitsubishi Motors
Volvo Car Corporation
Sweden • Contract relating to running and management Signed 30 Mar 2001
Corporation of Netherlands Car B.V. after the purchase by
MMC of Volvo Car Corporation’s shareholding
in Netherlands Car B.V.
Mitsubishi Motors DaimlerChrysler USA • Establlished Global Engine Alliance LLC in the Signed 5 May 2002
Corporation Corporation United States to jointly develop in-line
4-cylinder gasoline engines. MMC has a 33.3%
Hyundai Motor Co.
South Korea
equity holding in this company
Note: *China Aerospace Brilliance Automotive Co., Ltd. has replaced China Aerospace Automotive Ind. Grp. Co. as the contracting partner
Lease contracts
Contracting company Contracting partner Contract details Contract dates
Company Incorporated in
Mitsubishi Motors Mitsubishi Japan • Land leased and lease amount Mar 1999 to
Corporation Corporation (1) Location 29 Mar 2002
21-1 Shimo Maruko 4-chome, Ota-ku, Tokyo
(2) Area: 78,034.81m2
(3) Lease amount: JPY 187.9 million
(for 3 year lease)
Mitsubishi Motors Canon Inc. Japan • Land leased and lease amount Mar 1999 to
Corporation (1) Location 30 Nov 2001
21-1 Shimo Maruko 4-chome, Ota-ku, Tokyo
(2) Area: 21,311.52m2
(3) Lease amount: JPY 41.9 million
(for 3 year lease)
Mitsubishi Motors Mitsubishi Heavy Japan • Land leased and lease amount 27 Mar 2000 to
Corporation Industries, Ltd. (1) Location 30 Jun 2002
10-5 Oye machi, Minato-ku, Nagoya
(2) Area: 87,760.87 m2
(3) Lease amount: JPY 21.3 million (annually)
Mitsubishi Motors Mitsubishi Japan • MMC new office building Signed Feb 2000
Corporation Corporation (1) Location
10-5 Oye machi, Minato-ku, Nagoya
(2) Term
10 years from completion of building,
scheduled for March 2003.
Major alliances and contracts
Subsidiaries and affiliates
42
MMC subsidiaries and other affiliates
MMC affiliates in Japan
Company Capitalization Business lines MMC share of
(JPY million) voting rights
Hokkaido Mitsubishi Motors Sales Co., Ltd. 1,750 Automobile sales 100.0
Sapporo Mitsubishi Motors Sales Co., Ltd. 830 Automobile sales 100.0
Iwamizawa Mitsubishi Motors Sales Co., Ltd. 60 Automobile sales 100.0
Kuchi Mitsubishi Motors Sales Co., Ltd. 150 Automobile sales 100.0
Asahikawa Mitsubishi Motors Sales Co., 250 Automobile sales 100.0
Dohoku Mitsubishi Motors Sales Co., Ltd. 310 Automobile sales 100.0
Iwate Mitsubishi Motors Sales Co., Ltd. 300 Automobile sales 100.0
Sendai Mitsubishi Motors Sales Co., Ltd. 330 Automobile sales 100.0
Fukushima Mitsubishi Motors Sales Co., Ltd. 168 Automobile sales 100.0
Fukuyo Mitsubishi Motors Sales Co., Ltd. 120 Automobile sales 100.0
Gunma Chuo Mitsubishi Motors Sales Co., Ltd. 200 Automobile sales 100.0
Tochigi Mitsubishi Motors Sales Co., Ltd. 400 Automobile sales 100.0
Tochigi Chuo Mitsubishi Motors Sales Co., Ltd. 370 Automobile sales 100.0
Minami Tochigi Mitsubishi Motors Sales Co., Ltd. 450 Automobile sales 100.0
Tsuchiura Mitsubishi Motors Sales Co., Ltd. 460 Automobile sales 100.0
Saitama Mitsubishi Motors Sales Co., Ltd. 500 Automobile sales 100.0
Chuo Mitsubishi Motors Sales Co., Ltd. 734 Automobile sales 100.0
Nishi Tokyo Mitsubishi Motors Sales Co., Ltd. 1,940 Automobile sales 100.0 (100.0)
Tokyo Mitsubishi Motors Sales Co., Ltd. 2,800 Automobile sales 100.0 (100.0)
Tokyo Kita Mitsubishi Motors Sales Co., Ltd. 1,800 Automobile sales 100.0 (100.0)
Tokyo Higashi Mitsubishi Motors Sales Co., Ltd. 800 Automobile sales 100.0 (100.0)
Kanagawa Mitsubishi Motors Sales Co., Ltd. 900 Automobile sales 100.0
Kawasaki Mitsubishi Motors Sales Co., Ltd. 870 Automobile sales 100.0
Higashi Kanagawa Mitsubishi Motors Sales Co., Ltd. 400 Automobile sales 100.0
(60.0)
Yokohama Chuo Mitsubishi Motors Sales Co., Ltd. 85 Automobile sales 100.0
Kanagawa Chuo Mitsubishi Motors Sales Co., Ltd. 240 Automobile sales 100.0
Tokyo Chuo Mitsubishi Motors Sales Co., Ltd. 1,330 Automobile sales 100.0
Yamanashi Mitsubishi Motors Sales Co., Ltd. 460 Automobile sales 100.0
Kofu Mitsubishi Motors Sales Co., Ltd. 350 Automobile sales 100.0
Matsumoto Mitsubishi Motors Sales Co., Ltd. 440 Automobile sales 100.0
Kita Shin Mitsubishi Motors Sales Co., Ltd. 300 Automobile sales 99.5
Matsumoto Chuo Mitsubishi Motors Sales Co., Ltd. 120 Automobile sales 100.0
(40.0)
Gifu Mitsubishi Motors Sales Co., Ltd. 100 Automobile sales 81.9
Shin Kayo Mitsubishi Motors Sales Co., Ltd. 180 Automobile sales 100.0
Ishikawa Mitsubishi Motors Sales Co., Ltd. 330 Automobile sales 100.0
Mikawa Mitsubishi Motors Sales Co., Ltd.150 Automobile sales 50.0
Aichi Mitsubishi Motors Sales Co., Ltd. 630 Automobile sales 100.0
Kinki Mitsubishi Motors Sales Co., Ltd. 1,010 Automobile sales 100.0
Konan Mitsubishi Motors Sales Co., Ltd. 180 Automobile sales 100.0
Osaka Kita Mitsubishi Motors Sales Co., Ltd. 50 Automobile sales 100.0
Nishi Tottori Mitsubishi Motors Sales Co., Ltd. 90 Automobile sales 100.0
Yoneko Mitsubishi Motors Sales Co., Ltd. 40 Automobile sales 100.0
(50.0)
Okayama Mitsubishi Motors Sales Co., Ltd. 28 Automobile sales 50.7
Shin Okayama Mitsubishi Motors Sales Co., Ltd. 621 Automobile sales 96.7
(15.4)
Hiroshima Chuo Mitsubishi Motors Sales Co., Ltd. 250 Automobile sales 96.0
Shimane Mitsubishi Motors Sales Co., Ltd. 200 Automobile sales 97.2
Matsue Mitsubishi Motors Sales Co., Ltd. 70 Automobile sales 100.0
(42.9)
Shin Yamaguchi Mitsubishi Motors Sales Co., Ltd. 220 Automobile sales 100.0
Matsuyama Mitsubishi Motors Sales Co., Ltd. 330 Automobile sales 100.0
Oita Mitsubishi Motors Sales Co., Ltd. 170 Automobile sales 100.0
Miyazaki Chuo Mitsubishi Motors Sales Co., Ltd. 220 Automobile sales 88.6
Nagasaki Mitsubishi Motors Sales Co., Ltd. 300 Automobile sales 100.0
Kagoshima Chuo Mitsubishi Motors Sales Co., Ltd. 183 Automobile sales 98.9
MMC subsidiaries and other affiliates
43
Company Capitalization Business lines MMC share of
(JPY million) voting rights
Hokkaido Mitsubishi Fuso Motors Sales Co., Ltd. 1,410 Automobile sales 100.0
Miyagi Mitsubishi Fuso Motors Sales Co., Ltd. 500 Automobile sales 100.0
Fukushima Mitsubishi Fuso Motors Sales Co., Ltd. 790 Automobile sales 90.0
Gunma Mitsubishi Fuso Motors Sales Co., Ltd. 900 Automobile sales 86.9
Tochigi Mitsubishi Fuso Motors Sales Co., Ltd. 900 Automobile sales 100.0
Ibaragi Mitsubishi Fuso Motors Sales Co., Ltd. 500 Automobile sales 100.0
Saitama Mitsubishi Fuso Motors Sales Co., Ltd. 570 Automobile sales 95.3
Tokyo Mitsubishi Fuso Motors Sales Co., Ltd. 3,450 Automobile sales 100.0
Chiba Mitsubishi Fuso Motors Sales Co., Ltd. 900 Automobile sales 100.0
Yamanashi Mitsubishi Fuso Motors Sales Co., Ltd. 350 Automobile sales 100.0
Nagano Mitsubishi Fuso Motors Sales Co., Ltd. 650 Automobile sales 100.0
Shizuoka Mitsubishi Fuso Motors Sales Co., Ltd. 750 Automobile sales 86.7
Nagoya Mitsubishi Fuso Motors Sales Co., Ltd. 350 Automobile sales 80.0
Mie Mitsubishi Fuso Motors Sales Co., Ltd. 800 Automobile sales 100.0
Hokuriku Mitsubishi Fuso Motors Sales Co., Ltd. 650 Automobile sales 100.0
Kyoshi Mitsubishi Fuso Motors Sales Co., Ltd. 900 Automobile sales 100.0
Osaka Mitsubishi Fuso Motors Sales Co., Ltd. 1,460 Automobile sales 100.0
Hyogo Mitsubishi Fuso Motors Sales Co., Ltd. 1,000 Automobile sales 100.0
Okayama Mitsubishi Fuso Motors Sales Co., Ltd.1100 Automobile sales 50.0
Hiroshima Mitsubishi Fuso Motors Sales Co., Ltd. 1,350 Automobile sales 100.0
Sanin Mitsubishi Fuso Motors Sales Co., Ltd. 550 Automobile sales 100.0
Yamaguchi Mitsubishi Fuso Motors Sales Co., Ltd. 240 Automobile sales 95.8
Nishi Shikoku Mitsubishi Fuso Motors Sales Co., Ltd. 620 Automobile sales 100.0
Kyushu Mitsubishi Fuso Motors Sales Co., Ltd. 1,620 Automobile sales 100.0
Nagasaki Mitsubishi Fuso Motors Sales Co., Ltd. 126 Automobile sales 95.2
Kumamoto Mitsubishi Fuso Motors Sales Co., Ltd. 300 Automobile sales 100.0
Minami Kyushu Mitsubishi Fuso Motors Sales Co., Ltd. 700 Automobile sales 100.0
Hokkaido Mitsubishi Motors Parts Sales Co., Ltd. 150 Automobile parts 90.0 (45.0)
Tohoku Mitsubishi Motors Parts Sales Co., Ltd. 200 Automobile parts 62.0 (15.0)
Michinoku Mitsubishi Motors Parts Sales Co., Ltd. 200 Automobile parts 61.0 (11.0)
Kita Kanto Mitsubishi Motors Parts Sales Co., Ltd. 200 Automobile parts 75.0 (25.0)
Saitama Mitsubishi Motors Parts Sales Co., Ltd. 60 Automobile parts 90.4 (32.7)
Tokyo Mitsubishi Motors Parts Sales Co., Ltd. 200 Automobile parts 100.0 (30.0)
Higashi Kanto Mitsubishi Motors Parts Sales Co., Ltd. 200 Automobile parts 66.0 (20.0)
Kanagawa Mitsubishi Motors Parts Sales Co., Ltd. 100 Automobile parts 100.0 (44.4)
Shinetsu Mitsubishi Motors Parts Sales Co., Ltd. 200 Automobile parts 51.0 (16.0)
Hokuriku Mitsubishi Motors Parts Sales Co., Ltd. 150 Automobile parts 52.0 (17.0)
Higashi Chugoku Mitsubishi Motors Parts Sales Co., Ltd. 150 Automobile parts 83.0 (43.0)
Nishi Chugoku Mitsubishi Motors Parts Sales Co., Ltd. 150 Automobile parts 55.0
(5.0)
Shikoku Mitsubishi Motors Parts Sales Co., Ltd.1100 Automobile parts 50.0
Pajero Manufacturing Co., Ltd. 610 Automobile and parts manufacture, sales 66.6
Pabco Co., Ltd. 600 Manufacture, sales of automobile bodies 100.0
Kinki Pabco Co., Ltd. 40 Manufacture, sales of automobile bodies 90.0 (90.0)
Mitsubishi Automotive Techno-Metal Co., Ltd. 1,940 Manufacture, sales of cast and forged parts 100.0
Mitsubishi Automotive Bus Manufacturing Co., Ltd. 6,400 Manufacture, sales of automobiles and parts 100.0
Ryowa Sheet Metal Processing Co., Ltd. 150 Manufacture, sales of auto parts 100.0
Ryowa Syatai-Kogyo Co., Ltd. 148 Manufacture, sales of automobile bodies 100.0
(0.8)
Ryoji Yohin Sales Co., Ltd. 20 Sales of automobile accessories, 100.0
air conditioners
Mitsubishi Motors Used Car Sales Co., Ltd. 300 Auction sales of used automobile 100.0
Mitsubishi Automotive Techno-Service Co., Ltd. 400 Automobile servicing 100.0
Mitsubishi Motors Training Center Co., Ltd. 750 Vehicle mechanic school; training for 100.0
service mechanics
Mitsubishi Automotive Logistics Co., Ltd. 300 Vehicle transportation contractor 75.0
Mitsubishi Automotive Engineering Co., Ltd. 450 Design and testing of automobiles 100.0
and parts
44
MMC subsidiaries and other affiliates
Company Incorporated Capitalization Business lines
MMC share of
in
voting rights
Netherlands Car B.V. (NedCar)2Netherlands EUR 250 m Manufacture, sales of automobiles
and parts 100.0 (15.0)
Mitsubishi Motors Europe B.V. (MME)3,4 Netherlands EUR 53 m Holding company 100.0
Mitsubishi Motor Sales Europe B.V. (MMSE) Netherlands EUR 1.6 m Importing, exporting, sales of automobiles 100.0 (100.0)
Mitsubishi Motor Marketing Research Germany DEM 700,000 Market research, information gathering 100.0 (100.0)
Europe GmbH (MMRE)
Mitsubishi Motor R&D of Europe Germany EUR 767,000 Product development, design, 100.0 (100.0)
GmbH (MRDE) testing, certification
Mitsubishi Motor Sales Netherlands B.V. Netherlands EUR 6.8 m Automobile sales 100.0 (100.0)
Mitsubishi Motor Sales Sweden AB Sweden SNK 52 m Automobile importing, sales 100.0 (100.0)
Mitsubishi Motor Sales Denmark AS (MMSD) Denmark DKK 66 m Automobile importing, sales 100.0 (100.0)
Mitsubishi Motor Sales France France EUR 310,000 Automobile importing, sales 100.0 (100.0)
Mitsubishi Trucks Europe-Sociedade Portugal EUR 7.5 m Manufacture, sales of automobiles 99.7
Europeia de Automobilemoveis, S.A. (MTE)
Mitsubishi Motors America Inc. (MMA)2,4 USA USD 5.7 m Market research, logistic support 100.0
Mitsubishi Motors R&D of America, Inc. (MRDA) USA USD 2 m Product development, design, 100.0 (100.0)
testing, certification
Mitsubishi Motor Sales of America, Inc. (MMSA)2USA USD 261 m Importing, sales of automobiles 100.0
Mitsubishi Motors Credit of America, Inc. USA USD 260 m Automobile financing, leasing 100.0 (100.0)
(MMCA)
Mitsubishi Motor Sales of Canada, Inc. Canada CAD 2 m Automobile importing, sales 100.0 (100.0)
Mitsubishi Motor Manufacturing of America, USA USD 88.75 m Manufacture, sales of automobiles 99.0
Inc. (MMMA)
Mitsubishi Fuso Truck of America, Inc. (MFTA) USA USD 10 m Automobile importing, sales 100.0
Mitsubishi Motor Sales of Caribbean, Inc. Puerto Rico USD 13.5 m Automobile importing, sales 100.0
(MMSC)
MMC Holding New Zealand Ltd. New Zealand NZD 48 m Holding company 100.0
Mitsubishi Motors New Zealand Ltd. (MMNZ) New Zealand NZD 38.2 m Automobile importing, sales 100.0 (100.0)
Mitsubishi Motors Australia, Ltd. (MMAL)2Australia AUD 279 m Automobile importing, assembly, sales 100.0
Mitsubishi Trucks Australia Pty., Ltd. (MMAL) Australia AUD 7 m Automobile importing, sales 100.0
MMC International Finance (Netherlands) B.V. Netherlands EUR 136,000 Procurement of funds, group company 100.0
financing
Mitsubishi Motors Philippines Corp. (MMPC) Philippines PHP 1,640 m Automobile importing, assembly, sales 51.0
Asian Transmission Corp. (ATC) Philippines PHP 350 m Manufacture, sales of automobile parts 84.7 (79.4)
MMC Sittipol Co., Ltd. (MSC)2Thailand THB 16,145 m Automobile importing, assembly sales 99.9
MMC Engine Co., Ltd. Thailand THB 20 m Manufacture of automobile engines 99.0 (99.0)
Mitsubishi Motor Parts Sales of Gulf F2E U.A.E. UAD 10 m Importing, sales of automobile panels 100.0
Note: MMC has 32 other affiliates outside Japan in addition to the above.
Major consolidated subsidiaries outside Japan
Company Capitalization Business lines MMC share of
(JPY million) voting rights
MMC Computer Research, Ltd. 30 Development, design, management of 100.0
computer software
MMC Test & Drive Corporation 50 Durability road testing, vehicle servicing 100.0
AVA Design Co., Ltd. 100 Automobile design 100.0
MMC IT Solution Co., Ltd. 100 Planning and development of information 100.0
systems
MMC System Service Co., Ltd. 50 Planning and development of information 85.0
systems
Ryomei Estec Co., Ltd. 46 Facility construction and management; 100.0
travel agency
Ryokei Estec Co., Ltd. 138 Facility construction and management; 100.0
travel agency
Ryosui Estec Co., Ltd. 168 Facility construction and management; 100.0
travel agency
Ryoto Estec Co., Ltd. 70 Facility construction and management; 100.0
travel agency
Meiryo Securities Co., Ltd. 10 In-plant security, safety and fire-fighting 100.0
Ryomei Catering Co., Ltd. 10 Meal catering 100.0
Kyoryosangyou Corporation 20 Transportation of auto parts 100.0
Suiryo Service Co., Ltd. 12 Assembly and transport of auto parts 100.0
Mizushima Kokusai Kaikan Co., Ltd. 135 Hotel operations and office leasing 57.7
(9.6)
Ralliart Inc. 54 Motorsport planning and organization 100.0
MMC International Corporation 40 Imports of automobiles and parts 100.0
45
MMC subsidiaries and other affiliates
Company Incorporated Capitalization Business lines MMC share of
in voting rights
Mitsubishi Motors do Portugal S.A. Portugal PTE 3,313 m Importing, sales of automobiles 50.0 (50.0)
MMC Automoviles Espana S.A. Spain ESP 200 m Importing, sales of automobiles 50.0 (50.0)
P.T. Mitsubishi Krama YudhaMotors & Indonesia IDR 11,451 m Manufacture, sales of automobile parts 32.3
Manufacturing
Vina Star Motors Corp. Vietnam VND 16 m Manufacture and marketing of 25.0
automobiles
Kuala Lumpa (Malaysia) Sendrian Bnd Malaysia MYD 2 m Holding company 25.0
Note: MMC has 4 other affiliates outside Japan in addition to the above.
Major equity method affiliates outside Japan
Company Incorporated Capitalization Business lines Share of voting
in rights in MMC
Mitsubishi Heavy Industries, Ltd. Japan JPY 265,608 m Manufacture, sales of ships, motors, 16.9
machinery, steel, airplanes
DaimlerChrysler AG. Germany EUR 2,609 m Manufacture, sales of automobiles 37.3
and other transportation equipment
1While equity holding is less than 50/100, affiliate is listed as a subsidiary because MMC controls the company.
2Corresponds to a “Special subsidiary” under Japanese tax law.
3MMC affiliate with serious excess liabilities, amount is as follows:
Mitsubishi Motors Europe B.V. (consolidated subsidiary) JPY 158,838 m
4Net sales at Mitsubishi Motors Europe B.V and Mitsubishi Motor Sales of America, Inc. exceed 10% of MMC consolidated net sales
(intra-company sales between consolidated companies excluded)
Note: Figures in parentheses in the MMC share of voting rights column indicate indirect shares.
Other major related companies
Company Capitalization Business lines MMC share of
voting rights
Hokkaido Mitsubishi Motors Sales Co., Ltd. 280 Automobile sales 29.0
Muran Mitsubishi Motors Sales Co., Ltd. 100 Automobile sales 29.0 (29.0)
Tokachi Mitsubishi Motors Sales Co., Ltd. 60 Automobile sales 35.0
Morioka Mitsubishi Motors Sales Co., Ltd. 248 Automobile sales 21.5
Ibaragi Mitsubishi Motors Sales Co., Ltd. 30 Automobile sales 40.0
Meihoku Mitsubishi Motors Sales Co., Ltd. 70 Automobile sales 28.6
Mie Mitsubishi Motors Sales Co., Ltd. 58 Automobile sales 24.8
Kagawa Mitsubishi Motors Sales Co., Ltd. 50 Automobile sales 23.0
Iyo Mitsubishi Motors Sales Co., Ltd. 30 Automobile sales 22.2
UwajimaMitsubishi Motors Sales Co., Ltd. 30 Automobile sales 26.7
Miyazaki Mitsubishi Motors Sales Co., Ltd. 60 Automobile sales 38.8
Hakodate Mitsubishi Motors Sales Co., Ltd. 146 Automobile sales 28.0 (14.0)
Kanagawa Mitsubishi Fuso Motors Sales Co., Ltd. 60 Automobile sales 43.8
Mizushima Industries Co., Ltd. 64 Manufacture, sales of automobile parts 43.8
Suiryo Plastics Co., Ltd. 100 Manufacture, sales of automobile parts 50.0
Nanba Press Industries Co., Ltd. 150 Manufacture, sales of automobile parts 20.0
Heian Manufacturing Co., Ltd. 60 Manufacture, sales of automobile parts 33.3
Wako Industries Co., Ltd. 312 Manufacture, sales of automobile parts 21.3
Mitsubishi Automobile Credit-Lease Corporation 960 Auto sales financing, leasing, rentals 43.3
Rakusaikamotujidousha Corporation 30 Transportation and warehousing 40.0
Fuso Transport Co., Ltd. 18 Forwarding and transportation of automobiles 21.7
Nimura Design Co., Ltd. 48 Automobile styling and design 48.7
Ryoin Co., Ltd. 1,000 Printing, video and other media and data services 20.0
Equity method affiliates in Japan
Company history
Mitsubishi Motors Corporation was established as a fully-owned subsidiary of Mitsubishi Heavy Industries, Ltd. on April
22 1970. MMC began operating on June 1 1970 when MHI’s automotive division was formally transferred to it.
Date Major milestones
1884 July: Mitsubishi founder Yataro Iwasaki enters shipbuilding business, leasing Nagasaki Shipbuilding Docks from
the Ministry of Works and naming it The Nagasaki Shipyard.
1893 December: Iwasaki establishes the Mitsubishi Goshi Kaisha (The Mitsubishi Company.)
1917 October: Shipbuilding division split off from Mitsubishi Goshi Kaisha to form Mitsubishi Shipbuilding Co. Ltd.
1934 April: Mitsubishi Shipbuilding renamed Mitsubishi Heavy Industries Co., Ltd.
1949 December: Fuso Auto Sales Co. established. (Renamed Mitsubishi Fuso Motors in June 1952.)
1950 January Mitsubishi Heavy Industries dissolved into three separate companies under the Elimination of Excessive
Concentration of Economic Power Act (1947): East Japan Heavy Industries, Ltd., Central Japan Heavy Industries,
Ltd. and West Japan Heavy Industries, Ltd.
1952 May: Central Japan Heavy Industries and West Japan Heavy Industries renamed Shin Mitsubishi Heavy Industries,
Ltd., and Mitsubishi Shipbuilding and Engineering Co., Ltd. respectively
June: East Japan Heavy Industries renamed Mitsubishi Nippon Heavy Industries, Ltd.
1954 May: Ryowa Auto Sales Co. established. (Renamed Shin Mitsubishi Motor Sales Co. in May 1963.)
1964 June: Mitsubishi Nippon Heavy Industries, Shin Mitsubishi Heavy Industries and Mitsubishi Shipbuilding and
Engineering merged into Mitsubishi Heavy Industries, Ltd.
1970 February: MHI signs joint-venture agreement with Chrysler Corporation.
1970 April: Mitsubishi Motors Corporation incorporated as wholly-owned subsidiary of MHI.
June: MMC starts business taking over MHI motor vehicle division operations. MHI’s Kyoto Works (certain facilities),
Kawasaki Motor Vehicle Works (renamed Tokyo Motor Vehicle Works in the same month) and Mizushima
Motor Vehicle Works transferred from MHI to MMC.
1972 January Mitsubishi Rented Car, Inc. established in joint-venture between Mitsubishi Corporation, Mitsubishi Motor
Sales Co. (established through merger of Mitsubishi Fuso Motors and Shin Mitsubishi Motor Sales Co. in
October 1964) and Avis Rentacar System, Inc. (Renamed Mitsubishi Auto Lease Co., Ltd. in October 1984 and
Mitsubishi Auto Credit-Lease Corporation in July 1988.)
1975 February: MMC commissions Tokyo Motor Vehicle Works-Nakatsu Plant.
1977 August: MMC commissions Nagoya Motor Vehicle Works-Okazaki Plant.
1979 December: MMC commissions Kyoto Works-Shiga Plant.
1980 June: MMC commissions Kitsuregawa Proving Ground.
October: MMC and Mitsubishi Corporation jointly establish Mitsubishi Motors Australia Ltd. (MMAL is currently a con-
solidated subsidiary of MMC.)
1981 December: MMC and Mitsubishi Corporation jointly establish Mitsubishi Motors Sales of America, Inc. (MMSA is currently
a consolidated subsidiary of MMC.)
1984 October: MMC takes over management of Mitsubishi Motor Sales Co., Ltd. and renames it Ryoji Corporation.
1985 April: MMC and Mitsubishi Corporation jointly establish Mitsubishi Fuso Truck of America, Inc. (MFTA. MMC subse-
quently acquired all MFTA shares in December 1990; MFTA is currently a consolidated subsidiary of MMC.)
October: MMC establishes Diamond-Star Motors Corporation (DSM). in a joint-venture agreement with Chrysler
Corporation, (Renamed MMSA in 1995; currently a consolidated subsidiary of MMC.)
1988 December: MMC shares listed on First Section of Tokyo, Osaka and Nagoya stock exchanges.
1989 March: Company shares listed on Kyoto, Hiroshima, Niigata, Fukuoka and Sapporo stock exchanges.
1991 October: MMC purchases all Chrysler-owned shares in Diamond-Star Motors.
November: MMC acquires 33.3% stock (15% stake held by MMC affiliates included) of Volvo Car B.V. (renamed Nether-
lands Car B.V. in August 1991) under terms of shareholders’ agreement (signed in August 1991) with the Dutch
State and Volvo Car Corp. relating to joint-venture production of passenger cars in the Netherlands.
1993 March: MMC establishes Mitsubishi Motor Sales Europe B.V. (MMSE is currently a consolidated subsidiary of MMC.)
Mitsubishi Heavy Industries, Ltd.
Milestones
Milestones
46
MMC chairmen and presidents over the years
Mitsubishi Motors Corporation Mitsubishi Motor Sales Co., Ltd.
Chairman President Chairman President
22 Apr 1970 Yuji Sato 31 Jan 1970 Yuji Sato
30 May 1973 Tomio Kubo
29 Nov 1974 Tomio Kubo
15 Jan 1976 Tomio Kubo 15 Jan 1976 Eiji Yokoyama
29 Jun 1979 Tomio Kubo 29 Jun 1979 Yoshitoshi Sone
30 Jun 1981 Teruo Tojo 29 Jun 1981 Eiji Yokoyama 29 Jun 1981 Masao Suzuki
30 Jun 1983 Teruo Tojo 30 Jun 1983 Toyoo Tate 29 Jun 1983 Masao Suzuki 29 Jun 1983 Toshiharu Tanaka
Mitsubishi Motors Corporation
Chairman President
1Oct 1984 Toshiharu Tanaka 1 Oct 1984 Toyoo Tate
27 Jun 1985 Yoshisada Okano
29 Jun 1989 Toyoo Tate 29 Jun 1989 Hirokazu Nakamura
29 Jun 1995 Hirokazu Nakamura 29 Jun 1995 Nobuhisa Tsukahara
27 Jun 1996 Takemune Kimura
27 Nov 1997 Takemune Kimura 27 Nov 1997 Katsuhiko Kawasoe
1Nov 2000 Takashi Sonobe
25 Jun 2002 Takashi Sonobe 25 Jun 2002 Rolf Eckrodt
Date Major milestones
1995 July: DSM renamed Mitsubishi Motor Manufacturing of America, Inc.
1996 November: MMC commissions Tokachi Proving Ground in Hokkaido.
1999 February: MMC acquires half of the Dutch government’s 16.7% holding in Netherlands Car B.V, bringing its equity
interest up to 50% (15% stake held by MMC affiliates included.)
June: Nagoya Motor Vehicle Works, Mizushima Motor Vehicle Works and Tokyo Motor Vehicle Works renamed
Nagoya Plant, Mizushima Plant and Tokyo Plant respectively.
October: MMC and AB Volvo enter equity and operational alliance.
December: MMC and AB Volvo sign strategic operational alliance covering trucks and buses.
2000 March: MMC and DaimlerChrysler AG sign letter of intent to form an equity and operational alliance covering all
aspects of passenger car business.
April: Kyoto Plant-Yagi CVT production facility commissioned.
July: MMC signs Master Alliance Agreement with DaimlerChrysler AG covering passenger car operations.
2001 March: MMC acquires AB Volvo’s 50% stake in Netherlands Car B.V., thereby increasing its equity interest to 100%
(15% stake held by MMC affiliates included. Netherlands Car B.V. is currently an MMC subsidiary.)
April: MMC replaces AB Volvo with DaimlerChrysler as its strategic alliance partner in truck & bus sector.
May: MMC renames Tokyo Plant the Truck & Bus Production Office (Kawasaki Plant for external purposes.)
2002 March: MMC enters agreement with Nissan Motors and JATCO TransTechnology Ltd. (JTT; renamed JATCO Ltd. in
April 2002) to integrate MMC and JTT automatic and CV transmission operations.
April: MMC spins off AT and CVT operations into a separate company, incorporating them as Diamondmatic Co.,
Ltd. Following this, MMC transfers its Kyoto Plant-Yagi facilities to Diamondmatic Co., Ltd.
Milestones
47
Major models
Name Derivation and meaning
Airtrek Coined from Air and Trek to describe its ability to transport its passengers on adventure-packed journeys in a
free-as-a-bird manner.
Aspire From the English.
Bravo Originally from Italian, an expression of admiration, congratulations.
Canter From the English word describing the gait of a horse; a collected gallop which the horse is able to sustain over long
distances. Just right for Mitsubishi’s range of thoroughbred small trucks.
Carisma Coined from the Greek “kharisma” and English “charisma”: describing the god-given attribute of an almost magical
power that attracts many followers.
Chariot French for the battle chariot used in ancient Greece and the Roman empire.
Grandis From the Latin for large or grand.
Colt Young horse.
Delica Coined from English DELIcately and CArry; to transport with care.
Space Gear Reflects the generous “space” available for transporting large quantities of leisure and sports “gear”.
Diamante From the Spanish; reflecting the company’s Three-Diamond logo, gives expression to “brilliant” and sparkling
expectations.
Dion Derived from Dionysus, the Greek god of wine and joy.
Eclipse Undefeated 18th century English racehorse that won 26 races.
Spyder Convertible.
eK Wagon Coined from Japanese “e” (excellent) and “keiken” (experience).
Fuso Used to refer to Japan in ancient Chinese texts: “The place where the sun rises in the Eastern Sea”
Galant From the French “gallan, valiant”.
Lancer A soldier of cavalry regiment armed with lance.
Cedia Coined from the English CEntury and DIAmond.
Legnum From the Latin “regnum” or kingdom: reflecting regal power and rank.
Magna From Latin magnus: great, magnificent, superior.
Minica Literally, minicar.
Toppo Coined from English “top” (roof) and Japanese “noppo” (lanky).
BJ Big Joy.
Minicab Light cab-over vehicle with cargo bed.
Mirage From the English (originally French) “mirage”
Dingo From Bingo, with its “strike lucky” connotation; the B being replaced by the D in the Mitsubishi “Diamond” logo.
Pajero Named after a mountain cat that inhabits the Patagonia plateau region in southern Argentina.
iO Italian for I, me. Generates image of being easy to get to know, easy to drive; one’s very own Pajero.
Mini All the features of its big brother Pajero in an easy-to-handle, highly maneuverable, compact and high economy package.
RVR Recreational Vehicle Runner
Sports Gear Ideal for transporting large items of leisure and sports equipment to beach, camp site or ski slope.
Strada Italian for road.
48
Derivation of MMC model names
Derivation of MMC model names
Members of the Board
（
As of September 1, 2002
）
Title & Position Name Career in Brief
Apr. 1964 • Joined Mitsubishi Heavy Industries, Ltd.
Jun. 1970 • Joined MMC
Jun. 1998 • Chairman of the Board of MMMA and MMSA
Jun. 1999 • Managing Director - MMC
Jun. 2000 • Board Member, Representative Director, SVP, SEO and Team Leader of International Alliance
Promotion Team - MMC
Nov. 2000 • President, CEO and Chief Business Ethics Officer (CBEO) - MMC
Jun. 2002 • Board Member, Chairman of the Board and CBEO - MMC
Apr. 1966 • Joined Daimler-Benz AG
Jan. 1990 • Director of Sales and Marketing, Passenger Cars - Mecedes-Benz AG
May.1992 • President - Mercedes-Benz do Brazil, S.A.
Aug. 1996 • Deputy CEO and Chairman of the Board of Management - Adtranz (ABB Daimler-Benz
Transportation GmbH)
Dec. 1998 • President and CEO - DaimlerChrysler Rail Systems GmbH (Adtranz)
Jan. 2001 • Board Member, EVP and COO - MMC
Jun. 2002 • Board Member, President and CEO - MMC
Other assignments:
1999-2000 • Honorary Consul of Brazil in Potsdam/Germany
1999-2000 • Chairman of UNIFE (Union of European Railway Industries)
1993-1996 • Honorary Degree as Consulate of the Federal Republic of Germany in Brazil
1993-1996 • Vice President German/Brazil Chamber of Commerce, Sao Paulo, Brazil
Apr. 1963 • Joined Mitsubishi Heavy Industries, Ltd.
Jun. 1970 • Joined MMC
Jun. 1995 • Board Member and Deputy CGM of Truck & Bus Development & Engineering Office - MMC
Jun. 1998 • Managing Director - MMC
Jun. 2000 • SVP and SEO - MMC / EVP and CGM of Planning & Administration Office - MFTB
Apr. 2001 • SVP, SEO and COO - MMC / President - MFTB
Jun. 2001 • Board Member, EVP and COO - MMC / President - MFTB
Takashi Usami
7/20/1940
Jun. 1973 • Joined Chrysler Corporation
May.2000 • SVP - DaimlerChrysler Corporation
Oct. 2000 • Board Member, SVP and SEO of International Car Operations - MMC
Apr. 2001 • Board Member, SVP and SEO of International Car Operations - MMC
Jun. 2001 • Board Member, SVP, Executive GM of International Car Operations and Corporate GM European
Car Operations Office - MMC
Jun. 2002 • Board Member, EVP and Executive CGM of International Car Operations Group Headquarters -
MMC
Steven A. Torok
7/20/1951
Apr. 1978 • Joined Daimler-Benz AG
Jul. 2000 • SVP - DaimlerChrysler AG
Oct. 2000 • Board Member, SVP, SEO and CGM of Car Marketing Strategy Office - MMC
Dec. 2000 • Board Member, SVP, SEO, CGM of Marketing Strategy Office, and CGM of Car Product Strategy
Office - MMC
Apr. 2001 • Board Member, SVP, SEO and Car R&D / Marketing - MMC
Jun. 2001 • Board Member, SVP, SEO and Executive GM of Car R&D / Marketing - MMC
Jun. 2002 • Board Member, EVP and Executive Corporate GM of Car Product Operations Group
Headquarters - MMC
Ulrich W. Walker
8/20/1951
Apr. 1965 • Joined Mitsubishi Heavy Industries, Ltd.
Jun. 1970 • Joined MMC
Jun. 1995 • Deputy Executive GM of China Project Development Office and Assistant to CGM of Corporate Planning
& Strategy Office - MMC
Nov. 1996 • Assistant to CGM of Corporate Planning & Strategy Office and Assistant to CGM of China Business Office -
MMC
Jun. 1997 • Deputy CGM of Corporate Planning & Strategy Office and Assistant to CGM of China Business Office -
MMC
Jun. 1998 • Board Member and Assistant to EVP - MMC
Jun. 2000 • SEO and CGM of Finance and Public Relations Offices - MMC
Apr. 2001 • SEO and Chief Financial Officer - MMC
Jun. 2001 • Board Member, SVP and CFO - MMC
Jun. 2002 • Board Member, EVP and CFO - MMC
Junji Midorikawa
12/12/1940
Apr. 1966 • Joined Mitsubishi Heavy Industries, Ltd.
Jun. 1970 • Joined MMC
Apr. 2001 • EO and in charge of Car Production Headquarters - MMC
Jun. 2001 • Board Member, SVP and Executive GM of Car Production Headquarters
Jun. 2002 • Board Member, SVP and Executive CGM of Global Car Production Headquarters - MMC
Masanori Tani
10/29/1942
Rolf Eckrodt
6/25/1942
Takashi Sonobe
11/21/1940
Chief Financial Officer
Member of the Board
(Representative Director)
Chairman of the Board
&
Chief Business Ethics
Officer
Member of the Board
(Representative Director)
President
&
Chief Executive Officer
Member of the Board
(Representative Director)
Executive Vice President
&
Chief Operating Officer
President - Mitsubishi
FUSO Truck & Bus
Company
Member of the Board
(Representative Director)
Executive Vice President
Member of the Board
(Representative Director)
Executive Vice President
Member of the Board
(Representative Director)
Executive Vice President
Member of the Board
(Representative Director)
Senior Vice President
Executive Corporate General
Manager of International
Car Operations Group Headquarters
Executive Corporate General
Manager of Car Product
Operations Group Headquarters
Executive Corporate General
Manager of
Global Production Headquarters
Title & Position Name Career in Brief
Title & Position Name Title & Position Name
Auditor
Mitsugu Nakabayashi
7/15/1942
1976 • Joined Daimler-Benz AG (today: DaimlerChrysler AG)
1988 • Board Member and CFO - Mercedez-Benz do Brasil (Sao Paolo)
1989 • Board Member and CFO - Deutsche Aerospace AG, Dasa (today: EADS)
1995 • Board Member - Daimler-Benz AG (today: DaimlerChrysler AG) / President - Dasa (today: EADS)
1995 • Chairman of the Supervisory Board - MTU Aero Engines
2000 • Chairman of the Board - European Aeronautic Defence and Space Company (EADS)
2000 • Non-Executive Member of the Board - MMC
(Serving concurrently as Chairman of the Supervisory Board - European Aeronautic Defence and
Space Company AG)
Manfred Bischoff
4/22/1942
Apr. 1959 • Joined Shin Mitsubishi Heavy Industries, Ltd.
Jun. 1992 • Board Member - Mitsubishi Heavy Industries, Ltd.
Jun. 1995 • Managing Director - Mitsubishi Heavy Industries, Ltd.
Jun. 1998 • EVP - Mitsubishi Heavy Industries, Ltd.
Jun. 1999 • President - Mitsubishi Heavy Industries, Ltd. (continues to hold post today)
Jun. 2000 • Board Member - MMC
(Serving concurrently as President of Mitsubishi Heavy Industries, Ltd.)
Member of the Board
Takashi Nishioka
5/3/1936
Member of the Board
Mikio Sasaki
10/8/1937
Auditor
Hirao Iijima
10/14/1943
Auditor
Motoo Makita
2/19/1945
Auditor
Shigemitsu Miki
4/4/1935
Member of the Board
Apr. 1966 • Joined Honda Motor Co., Ltd.
Sep. 1990 • General Manager, Automobile Sales - Head Office
Feb. 1993 • President - Honda Clio Saitama
Dec. 1995 • Large Project Leader of Production Sales and Physical Distribution Project - Head Office
Apr. 1998 • President - Ford Motor Company (Japan) Ltd.
May.2002 • Chairman - Ford Motor Company (Japan) Ltd.
Jun. 2002 • Board Member, SVP and Executive Corporate GM of Domestic Car Sales & Marketing
Headquarters - MMC
Eiji Iwakuni
4/28/1942
Apr. 1960 • Joined Mitsubishi Corporation
Jun. 1992 • Board Member - Mitsubishi Corporation
Jun. 1994 • Managing Director - Mitsubishi Corporation
Apr. 1998 • President - Mitsubishi Corporation (continues to hold post today)
Jun. 2000 • Board Member - MMC
(Serving concurrently as President of Mitsubishi Corporation)
EVP: Executive Vice President MMMA: Mitsubishi Motor Manufacturing of America, Inc.
SVP: Senior Vice President MMSA: Mitsubishi Motor Sales of America, Inc.
SEO: Senior Executive Officer MFTB: Mitsubishi FUSO Truck & Bus Company
EO: Executive Officer
CGM: Corporate General Manager
GM: General Manager
Member of the Board
(Representative Director)
Senior Vice President
Executive Corporate General
Manager of Domestic Car
Sales & Marketing Headquarters
President
Bank of Tokyo-Mitsubishi
Managing Director
Mitsubishi Heavy Industries, Ltd.
Title & Position Name Title & Position Name
Hiroshi Kuroda
2/21/1953
Tetsuro Aikawa
4/17/1954
Colin Smith
6/30/1955
Olivier Boulay
8/9/1957
Bernd Staudinger
3/21/1963
Shuichi Tsukada
8/10/1946
Jochen Legewie
1/16/1965
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Akio Hanawa
1/27/1941
Stefan Buchner
1/18/1960
Akira Kijima
12/2/1943
Kai-Uwe Seidenfuss
7/23/1965
Atsushi Ueba
9/14/1941
Yoichi Yokozawa
4/24/1964
Christian Cahn v. Seelen
5/15/1965
Alexander Paufler
1/4/1953
Joachim Coers
12/23/1965
Tadashi Ohmiya
9/29/1943
Senior Executive Officer
Senior Executive Officer
Senior Executive Officer
Senior Executive Officer
Senior Executive Officer
Senior Executive Officer
Senior Executive Officer
Senior Executive Officer
Senior Executive Officer
Senior Executive Officer
Senior Executive Officer
Hisashi Watanabe
1/1/1943
Tadayoshi Juge
11/9/1943
Executive Officer
Yoshihiro Murakami
11/1/1963
Executive Officer
In Charge of External Affairs
Corporate General Manager of
Corporate Controlling
Corporate General Manager of
Corporate Finance
Corporate General Manager of
Business Development Office
Corporate General Manager of
Human Resources &
Organization Office
Corporate General Manager of
Car Product Planning & Program
Management Office
Corporate General Manager of
Car Research & Development Office
Corporate General Manager of
Global Procurement & Supply Office
Senior Vice President - Mitsubishi FUSO
Truck & Bus Company
Corporate General Manager of Truck & Bus
Research & Development Office -
Mitsubishi FUSO Truck & Bus Company
Executive General Manager of
Corporate Controlling
In Charge of Environment &
Recycle Affairs, Business
Development Office
Senior Expert of Human
Resources & Organization Office
Chief Information Officer
Corporate General Manager of
Global IT Office
Corporate General Manager of
Car Product Design Office
In Charge of Corporate Marketing &
Motor Sports
Car Product Planning & Program
Management Office
Head of A&B Segment
Competence Center,
Car Research & Development Office
Head of C&D Segment
Competence Center,
Car Research & Development Office
Vice President - Mitsubishi FUSO
Truck & Bus Company
Corporate General Manager of
Truck & Bus Production Office -
Mitsubishi FUSO Truck & Bus Company
Corporate General Manager of
Mergers & Acquisition Office
General Manager of
TMB Preparation Office,
Mergers & Acquisition Office
Corporate General Manager of
Corporate Communications Office
General Manager of
Internal & Net Communications Dept.,
Corporate Communications Office
Title & Position Name Title & Position Name
Yoshinobu Tadai
12/13/1940
Koji Fujino
5/8/1942
Masayuki Nagano
3/7/1945
Tadashi Koshikawa
12/1/1942
Michio Hori
3/10/1943
Michihiro Honda
1/27/1947
Hideo Kimura
1/1/1949
Tohru Adachihara
3/12/1953
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Hideyasu Tagaya
11/7/1947
Susumu Yashima
1/3/1945
Kazuo Yoshida
10/17/1947
Akihiko Ishikawa
2/4/1947
Makoto Maeda
2/25/1945
Seihachi Futase
8/16/1947
Masayuki Tanji
1/18/1944
Akira Okamoto
2/24/1944
Yasuo Nakagawa
11/27/1945
Hiromitsu Ando
10/28/1947
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Executive Officer
Jiro Imura
3/31/1944
Head of RV Segment
Competence Center,
Car Research & Development Office
Senior Expert of Car
Research & Development Office
General Manager of Purchasing
Planning Dept.,
Global Procurement & Supply Office
In Charge of Engineering Support for
Oversea & Quality Conference,
Global Production Headquarters
Corporate General Manager of
Car Production Planning &
Engineering Office,
Global Production Headquarters
Corporate General Manager of
Market Management Office
Corporate General Manager of
International Services Office
Member of the Board -
SHENYANG AEROSPACE
MITSUBISHI MOTORS ENGINE
MANUFACTURING CO., LTD
Executive Vice President - Mitsubishi
Motors Europe B.V. ;
Executive Vice President - Mitsubishi
Motor Sales Europe B.V. and
Executive Vice President - Netherlands Car B.V.
Corporate General Manager of
Domestic Truck & Bus Sales Office -
Mitsubishi FUSO
Truck & Bus Company
In charge of Quality
Administration & Purchasing -
Mitsubishi FUSO
Truck & Bus Company
Corporate General Manager of
Planning & Administration Office -
Mitsubishi FUSO
Truck & Bus Company
Corporate General Manager of
Quality Management Office and
Safety Quality Auditor
Executive General Manager of
Domestic Car Sales &
Marketing Headquarters
Executive General Manager of
Domestic Car Sales &
Marketing Headquarters
Corporate General Manager of
Asia, Latin America,
Middle East & Africa Office
Plant General Manager of
Nagoya Plant,
Global Production Headquarters
Plant General Manager of
Kyoto Plant,
Global Production Headquarters
Plant General Manager of
Mizushima Plant,
Global Production Headquarters
Printed in Japan using recycled paper
Copyright © 2002
All rights reserved by Mitsubishi Motors Corporation
Head Office
33-8, Shiba 5-chome,
Minato-ku, Tokyo,
Japan 108-8410
Tel: 81-3-5232-7165
Fax: 81-3-5232-7747
www.mitsubishi-motors.co.jp
