List of Companies owned by the Mitsubishi Group

List of Companies owned by the Mitsubishi Group: Mitsubishi Group, a loose confederation of autonomous Japanese companies that were founded out of the giant, family-owned Mitsubishi business combine, or zaibatsu, which was disintegrated and reestablished in April 1950.

The origin of the group of companies, Mitsubishi, was the Mitsubishi trading and shipping enterprise, Mitsubishi Commercial Company, established in 1873 by Iwasaki Yatarō, who bought out a government-run shipping company way back in 1871. The Japanese government, through its project that aimed at expanding both commerce and industry, lent Iwasaki financial assistance for several years in turn, and the company became the largest shipping firm in Japan.

Mitsubishi Group Highlights

Information	Statistics
Company	Mitsubishi
Company type	Private conglomerate
Founded	1870
Founder	Yatarō Iwasaki
Headquarters	Tokyo, Japan
Website	mitsubishi.com

Mitsubishi Group History

Mitsubishi was founded in 1870, the two years after the Imperial Restoration, and it was the ocean transportation that was its core business. The diversification of its products was mainly in the adjacent areas. It penetrated into coal mining for obtaining ship coal, bought a shipyard from the government (for ship repair), established a small iron plant that supplied iron to its shipyard, as well as founded a marine insurance business that served its shipping business, and so on.

Following, the same shipbuilding operation brought along technical skills and managerial resources which were put to use in expanding the company beyond to the new lines of aircraft and equipment production. By overseas shipping, the company has got aware of a business opportunity [5] which is connected with trade.

In 1881, the firm ushered into the coal mining industry by administering the Takashima mine, and after that they bought Hashima Island in 1890, using its production to supply their advanced steamship fleet. Moreover, they branched out into other businesses such as shipbuilding, banking, insurance, warehousing, and trade.

At a later point, the organization included products like pulp, steel, glass, electrical equipment, aircraft, oil and real estate. With Mitsubishi expanding a wide-ranged conglomerate, it became the key in the modernization process of different industrial sectors in Japan

Mitsubishi Group Business List

Below given is the list of subsidiaries of Mitsubishi Group:

1. Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group Inc., popularly known as MUFG, is a financial services holding company form Japan backed by its headquarters in Tokyo, Japan. It is one of the major soros of Japanese banking. Income breaks down by activity as follows: there are 3 types of banking activity in the country-retail banking (29.4%); corporate banking (24%) and market banking (11.4%); financial assets management (4.5%); and international banking activity (30.7%).

2. MUTB

MUTB is a trust banking subsidiary of Tokyo Stock Exchange and top capitalized company with BA by MUFG Bank among major institutional investors throughout the world.

3. Mitsubishi Corporation

Founded in Japan, Mitsubishi is the country’s largest and top-ranked trading entity and its headquarters is based in Tokyo. It operates through 7 business segments: including, transport, financial services, metals, energy, machines, chemicals, fertilizers, and food.

4. Mitsubishi Electric Corporation

The Mitsubishi Electric is one of the largest Japanese multinational electric and electronics equipment manufacturing company, founded in Tokyo, Japan, and it is operating from the headquarter there.

MEC produces air-conditioning systems, a range of household white goods such as fridges, consumer electronics (TVs etc), factory automation systems, automotive equipment, elevators, nuclear etc electrical power systems, semiconductors and other devices, visual information systems, space systems, radar and microwave components.

5. Mitsubishi Heavy Industries Ltd

MHI is a multinational company and it specializes in heavy engineering, electricity and electronic equipment, based in Japan, at the head office in Tokyo. Products include aircraft, aerospace components, air conditioners, forklifts, hydraulic equipment, missiles, power generation equipment, motor vehicles and machine tools, plaing an important role for the global industry. It came to 43rd place in the Top 100 Worlds Defense Companies as at Aug 2018.

6. Kirin Holdings Company Ltd

The company Kirin Co., Ltd, which is a subsidiary, has now expanded its business and is concerned with the alcohol, soft drink, medicines, and agribio industries. Leading subsidiaries that fully contribute to the growth of Kirin Europe are Kirin Europe GmbH (Germany);

Kirin Agribio EC BV (France); Southern Glass House Produce Ltd (England); Fides Holding BV (Netherlands); Barberet & Blanc SA (Spain) and Germicopa SA (France). Furthermore, it is the parent company of Lion (a renowned Australasian company).

7. Orix Corporation

ORIX is a consumer finance and financial services public listed group company which is situated in Minato, Tokyo Japan, and Osaka, Japan. Orix encompasses the subsidiaries such as Robeco Groep NV and others. Orix lends, offers leasing, rental services, real estate financing and development, life insurance, venture capital, in the region of North America, Asia, Middle East and Africa Northern including commodities funds dealings and securities brokering.

8. Robeco Groep NV

Two types of people through Robeco are seeking assets management services: institutional and private. Investors’ assets that may be used as private financing channels include those from Robeco as well as other financial institutions.

Indeed, Robeco had its origin at a time when Netherlands still did not have its first asset management firm, being set up as the Rotterdamsch Beleggings Consortium (Rotterdam Investment Consortium). The Sonnedix started to acquire such assets in 2001 from Rabobank Groep it was sold in 2013 to ORIX Corporation.

Top Companies Owned by Mitsubishi Group

Company	Founded	Founder	Experience
Mitsubishi UFJ Financial Group	1873	Yatarō Iwasaki	Financial bank
MUTB	1959	Tyler Spalding	Banking
Mitsubishi Corporation	1870	Yatarō Iwasaki	Shipping Company
Mitsubishi Electric Corporation	1921	Yatarō Iwasaki	Electricity
Mitsubishi Heavy Industries Ltd	1884	Yatarō Iwasaki	Shipping Company

Conclusion

The current Mitsubishi Group, made of hundreds of “group companies”, which comprises hundreds of constituent companies going by different names, such as Nikon, Kirin, and Asahi Glass, to name a few, is still an important brand. There is a concentration of Mitsubishi’s major firms in Tokyo where most of them (along with their local subsidiaries abroad and those engaged in collaborations with foreign enterprises) are.

In the United States the Mitsubishi International Corporation or MITCO is the subsidiary of the Mitsubishi Corporation of Tokyo. Its major function is to organize trading operations (sōgō shōsha), finance, and project management for the Mitsubishi Corporation.

Frequently Asked Questions (FAQs)

How many companies is Mitsubishi invested in?

Ans. Mitsubishi Corporation (Americas) LLC (“MCA”), which is a 100% subsidiary of Mitsubishi Corporation (“MC”) located in the US, is a full range trading company that was established in 1968. The sectors of the MCA comprise Mitsubishi International Corporation, Mitsubishi Canada Ltd., Mitsubishi de Mexico, S.A. de C.V. as well as over 50 subsidiaries and affiliates.

Who is the genuine owners Mitsubishi?

Ans. Renault-Nissan-Mitsubishi Alliance had a new member – Mitsubishi – that joined it in October 2016. Nissan owned 43 per cent of the stakes and was the leader while Mitsubishi Motors only had 34 percent of the total shares.

What is the sister company to Mitsubishi car?

Ans. Mazda Holdings, an automobile manufacturer based out of Japan, owns the label “Mazda.” This brand is part of Mercedes-Benz Group’s (Germany) immensity which includes its namesake vehicles. Within the new Renault-Nissan-Mitsubishi Alliance (Netherlands), we can find Infiniti, Mitsubishi, and Nissan.

Are Mitsubishi and Nissan the same brand?

Ans. Since October 16, the stockholder of Mitsubishi Motors is Nissan with the ratio of 34%, and will be included in the Renault–Nissan–Mitsubishi Alliance as well. Alongside being a member of the Renault-Nissan-Mitsubishi Alliance and once being the biggest hierarchical industrial group in Japan, Mitsubishi is a part of the Mitsubishi keiretsu as well.

Is Mitsubishi a MNC?

Ans. The multinational corporations (MNCs) of the Mitsubishi Group are the major firms of the group and those have their base in Tokyo while having foreign offices and subsidiaries. Some of these firms joint venture with the foreign companies.