1918: Established Mitsubishi Trading Company March 2001, contains the blueprint for MC s metamorphosis.

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Francis Powell
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1 2002

P ROFILE (MC) is one of the world s most diverse enterprises. This diversity is manifested in MC s 780 subsidiaries and affiliates and its network of 39 offices in Japan and 109 overseas.

2 P ROFILE (MC) is one of the world s most diverse enterprises. This diversity is manifested in MC s 780 subsidiaries and affiliates and its network of 39 offices in Japan and 109 overseas. The company s extensive network and wide-ranging activities give it a decisive edge in gathering the timely, accurate market information vital to success. The company s seven business groups New Business Initiative, IT & Electronics Business, Energy Business, Metals, Machinery, Chemicals and Living Essentials work closely with clients to develop new business opportunities. Project coordination, sourcing of raw materials, investments and development of sales channels are typical of the ways creates value for business partners, customers Chronology and shareholders. MC2003, MC s current three-year business plan unveiled in 1918: Established Mitsubishi Trading Company March 2001, contains the blueprint for MC s metamorphosis. (Mitsubishi Shoji Kaisha) as an independent The plan has introduced sweeping reforms, promotes a threepronged growth strategy and targets improved corporate 1947: Dissolved and liquidated Mitsubishi Trading sales arm of Mitsubishi Goshi Kaisha. governance. Creating value is the common thread. The Company (The process of liquidation was finished reforms include adopting MCVA ( in 1987.) Value Added), a new performance indicator derived from 1950: Mitsubishi Trading Company, which was in liquidation, the EVA concept; a new management structure with established Kowa Jitsugyo, the predecessor to the present-day 182 business units as the smallest units for organizational control; and a new results-based performance 1952: Renamed Kowa Jitsugyo as Mitsubishi Shoji Kaisha.. evaluation and remuneration system. MC2003 s 1954: Founded the new Mitsubishi Shoji Kaisha by consolidating growth strategies pinpoint the reshaping of MC s Mitsubishi Shoji Kaisha, Fuji Shoji Kaisha, Tokyo Boeki Kaisha existing business portfolio; and.commerce, and Tozai Koeki Kaisha. MC s formula for creating new business models Listed shares on the Tokyo Stock Exchange and Osaka Securities through the convergence of offline and Exchange (listed shares on the Nagoya and Sapporo stock exchanges online businesses. Enhanced corporate in 1961, on the Fukuoka Stock Exchange in 1962 and on the London governance, including the establishment of Stock Exchange in 1989). the Governance Committee in July : Realigned operations according to products handled (established Fuels, and the International Advisory Committee Metals, Machinery, Foods, Textiles, Chemicals and General Merchandise in October 2001, will ensure that MC divisions). pursues its goals while upholding the 1971: Adopted (or Mitsubishi Shoji Kaisha, Limited) highest standards of corporate and as the company s English name. environmental citizenship. 1982: Realigned business divisions to form 6 business groups (Fuels, Metals, Machinery, Foods, Chemicals and Textiles & General Merchandise). EVA is a registered trademark of Stern Stewart 1987: Established the Information Systems & Services. & Co. Copyright All rights reserved for 1996: Established the Living Essentials by amalgamating the Foods and Stern Stewart & Co. Textiles & General Merchandise. 2000: Established the New Business Initiative. 2001: Launched MC2003, a new business plan that focuses on the task of creating value. Introduced an Executive Officer System.

3 F INANCIAL H IGHLIGHTS and subsidiaries Years ended March 31 Millions of Yen Millions of U.S. Dollars For the year: Operating transactions 13,230,675 13,995,298 13,112,801 $99,479 Gross profit 643, , ,058 4,842 Income from consolidated operations before income taxes 99, ,898 31, Income from consolidated operations 53,715 80,800 21, Net income 60,225 92,105 26, Gross Profit ( billions) At year end: Total assets 8,144,926 8,067,189 8,097,435 61,240 Total shareholders equity 1,028, , ,700 7, Per share (yen and dollars): Net income per share $0.29 Cash dividends per share Note: The U.S. Dollar amounts represent translations, for convenience, of yen amounts at the rate of 133=$1. Net Income and Net Income Per Share (Basic EPS) ( billions) ( ) New Business Initiative Operating transactions Gross profit IT & Electronics Business Operating transactions Gross profit Energy Business Operating transactions 3, , ,513.2 Gross profit Machinery Operating transactions 2, , ,644.6 Gross profit Chemicals Operating transactions 1, , ,285.7 Gross profit Living Essentials Operating transactions 3, , ,662.2 Gross profit R ETURN ON AVERAGE SHAREHOLDERS EQUITY (%) Metals Operating transactions 1, , ,359.9 Gross profit

G LOBAL N ETWORK As of September 1, 2002 Offices (Overseas) Europe London Warsaw Istanbul Ankara Prague Sofia Moscow Yuzhno-Sakhalinsk Kiev Baku Tbilisi Tashkent Almaty Oslo Stockholm Africa

Tel Aviv Muscat Asia Karachi Kuala Lumpur Singapore Manila Colombo Dhaka Hanoi Ho Chi Minh City Beijing Tianjin Qingdao Dalian Shenyang Shanghai Chengdu Guangzhou Islamabad Lahore Bombay Cochin New

4 G LOBAL N ETWORK As of September 1, 2002 Offices (Overseas) Europe London Warsaw Istanbul Ankara Prague Sofia Moscow Yuzhno-Sakhalinsk Kiev Baku Tbilisi Tashkent Almaty Oslo Stockholm Africa Johannesburg Dakar Casablanca Algiers Tunis Harare Maputo Nairobi Dar es Salaam Abidjan Middle East Amman Baghdad (closed) Tripoli Riyadh Jeddah Al Khobar Doha Cairo Ramallah Damascus Abu Dhabi Dubai Tel Aviv Muscat Asia Karachi Kuala Lumpur Singapore Manila Colombo Dhaka Hanoi Ho Chi Minh City Beijing Tianjin Qingdao Dalian Shenyang Shanghai Chengdu Guangzhou Islamabad Lahore Bombay Cochin New Delhi Bangalore Madras Calcutta Yangon Phnom Penh Jakarta Surabaya Bandar Seri Begawa Kathmandu Subsidiaries (Overseas) Europe International N.V. London de Portugal, Lda Lisboa Mitsubishi España S.A. Madrid (UK) PLC London Mitsubishi France S.A. Paris Mitsubishi Nederland B.V. Rotterdam G.m.b.H. Düsseldorf Berlin Frankfurt Hamburg Mitsubishi Italia S.p.A. Milano Mitsubishi Hellas A.E.E. Athens Africa Mitsubishi Shoji Kaisha, (Nigeria) Ltd. Abuja Lagos Mitsubishi Ethiopia Trading Private Limited Company Addis Ababa Middle East Al-Masat Al-Thalath Trading Company (Mitsubishi) K.S.C. Kuwait Corp. (Iran), Ltd. Tehran Asia India Private Ltd. New Delhi Mitsubishi Company (Thailand), Ltd. Bangkok Haadyai Thai MC Company Limited Bangkok Haadyai Sinar Berlian Sdn. Bhd. Kuala Lumpur (China) Investment Co., Ltd. Shanghai (Guangzhou) Ltd. Guangzhou (Tianjin) Ltd. Tianjin (Shanghai) Ltd. Shanghai Nanjing (Dalian) Ltd. Dalian (Hong Kong) Ltd. Hong Kong Xiamen Shenzhen (Taiwan) Ltd. Taipei Kaohsiung

Offices (Japan) n Oceania Noumea North and Central America Guatemala San Salvador South America Quito La Paz Asunción Head Office Tokyo Hokkaido Block Sapporo Tomakomai Tohoku Block Sendai Hachinohe

Okayama Takamatsu Head Office Office Subsidiary Oceania (Korea) Ltd. Seoul Kwangyang Ulsan Pohang Mitsubishi Australia Limited Sydney Perth Melbourne Mitsubishi New Zealand Ltd.

5 Offices (Japan) n Oceania Noumea North and Central America Guatemala San Salvador South America Quito La Paz Asunción Head Office Tokyo Hokkaido Block Sapporo Tomakomai Tohoku Block Sendai Hachinohe Morioka Koriyama Chubu Block Nagoya Niigata Toyama Nagano Shizuoka Chugoku Block Hiroshima Fukuyama Tokuyama Ube Kyushu Block Fukuoka Kitakyushu Nagasaki Oita Kagoshima Naha Kansai Block Osaka Kobe Okayama Takamatsu Head Office Office Subsidiary Oceania (Korea) Ltd. Seoul Kwangyang Ulsan Pohang Mitsubishi Australia Limited Sydney Perth Melbourne Mitsubishi New Zealand Ltd. Auckland North and Central America Corporation New York Portland San Francisco Seattle Palo Alto Los Angeles Houston Chicago Washington, D.C. Mitsubishi Canada Limited Vancouver Toronto Montreal Mitsubishi de Mexico S.A. de C.V. Mexico City Monterrey, S.A.P.H. Panama South America Mitsubishi Peru S.A. Lima Mitsubishi Colombia Ltda. Santafé de Bogotá Mitsubishi Chile Ltda. Santiago Mitsubishi Venezolana C.A. Caracas Puerto Ordaz Mitsubishi Argentina S.A.C. y R. Buenos Aires do Brasil, S.A. São Paulo Rio de Janeiro

6 C ORPORATE O FFICERS As of July 1, 2002 Members of the Board Minoru Makihara Chairman of the Board Mikio Sasaki President, Chief Executive Officer Hironori Aihara Koji Furukawa Naohisa Tonomura Yorihiko Kojima Kanji Yamaguchi Masayuki Takashima Yukio Masuda Susumu Kani Takeshi Hashimoto Takeru Ishibashi Shunichi Inai Hidetoshi Kamezaki Nobuyuki Masuda Chairman, Mitsubishi Heavy Industries, Ltd. Ichiro Taniguchi Chairman, Mitsubishi Electric Corporation Tatsuo Arima Senior Corporate Auditor Yuzo Shinkai Corporate Auditors Tsuneo Wakai Senior Advisor, The Bank of Tokyo-Mitsubishi, Ltd. Koukei Higuchi Chairman, The Tokio Marine and Fire Insurance Company, Limited Yoshihiro Ogura Manabu Ueno Executive Officers Mikio Sasaki President, Chief Executive Officer Hironori Aihara Senior President, Director, Mitsubishi International Corporation Koji Furukawa Senior Chief Financial Officer, Compliance Officer Naohisa Tonomura Senior CEO, Machinery Yorihiko Kojima Senior CEO, New Business Initiative, Chief Information Officer Kanji Yamaguchi Senior CEO, Living Essentials Masayuki Takashima Senior CEO, Metals Yukio Masuda Senior CEO, Energy Business Norio Okada Metals Susumu Kani Kansai Branch Takeshi Hashimoto CEO, IT & Electronics Business Takeru Ishibashi CEO, Chemicals Shunichi Inai Nagoya Branch Masahiro Abe COO, Machinery Motoatsu Sakurai Corporation Yukio Ueno Corporate Planning Department Hidetoshi Kamezaki Chief Regional Officer Takeshi Inoue COO, Living Essentials Toshihiko Iriyama Internal Audit Department Yasuhiro Sayama Kyushu Branch Masao Miyamoto Motor Vehicle Business Division, Machinery Katsutoshi Takeda Resident Managing Director, China, President, (China) Investment Co., Ltd. Masaki Miyaji Chief Executive Officer, European Headquarters, Chairman & Managing Director, Mitsubishi Corporation International N.V. Ichiro Mizuno CFO, New Business Initiative Yutaka Kasahara Representative of Mitsubishi Corporation in Jakarta Kazuo Tatsumiya Senior Assistant to CEO, New Business Initiative Haruo Matsumoto Environment & Project Development Division, Machinery Moriji Kanada Metals Hisanori Yoshimura Natural Gas Business Division, Energy Business Yoshihisa Morozumi Power & Electrical Systems Division, Machinery Nobuyasu Kamei President, G.m.b.H. Shun-ichi Imamiya Non-Ferrous Metals Division, Metals Nobuo Ikeuchi Plant Project Division, Machinery Yoshikuni Kanai Petroleum Business Division, Energy Business Shunichi Nagai Hokkaido Branch Tatsuo Sato Telecommunication & Broadcasting Division, IT & Electronics Business

7 O RGANIZATIONAL S TRUCTURE As of July 1, 2002 Kazui Kondo Foods (Commodity) Division, Living Essentials Hiroshi Tanaka Textiles Division, Living Essentials Hajime Katsumura President, (Taiwan) Ltd. Hiroshi Mino Consumer Business Division, New Business Initiative Masatoshi Nishizawa HR & Administration Department Tsunao Kijima Foods (Products) Division, Living Essentials Mamoru Horio Human Resources Officer, Living Essentials Junta Fujikawa Aerospace Division, IT & Electronics Business Yoshiaki Katayama Machinery CEO Office Hideshi Takeuchi Treasurer Mutsumi Kotsuka Metals CEO Office General Meeting of Shareholders Board of Corporate Auditors Corporate Auditors Board of Directors President Executive Committee Assistant to Corporate Auditor International Advisory Committee Governance Committee Corporate Planning Dept. Internal Audit Dept. Technology & Business Development Dept. ITS Project Planning Dept. Corporate Communications Dept. Corporate Real Estate Planning Dept. HR & Administration Dept. Legal Dept. Regional Strategy & Coordination Dept. Corporate Strategy & Research Dept. Controller Office Treasurer Office Investor Relations Office New Business Initiative IT & Electronics Business Energy Business Metals Machinery Chemicals Living Essentials Strategic Planning Office Business Creation Unit IT Projects Division Consumer Business Division Financial Services Division Logistics Services Division Healthcare Business Unit IT & Electronics Business CEO Office IT & Electronics Business Internal Audit Office Telecommunication & Broadcasting Division Aerospace Division Energy Business Planning & Coordination Dept. Exploration & Production Unit Energy Business Development Unit Natural Gas Business Division Petroleum Business Division Carbon & LPG Business Division Metals Administration Dept. Metals CEO Office IT Planning & Coordination Office Metals & Resources Investment Administration Unit Steel Products Business Unit Components Business Development Unit Iron & Steel Division Non-Ferrous Metals Division Machinery CEO Office Machinery New Business Initiative Unit Procurement Solution Business Unit Power & Electrical Systems Division Plant Project Division Environment & Project Development Division Motor Vehicle Business Division Chemicals CEO Office Aristech Project Unit Phoenix Project Unit Commodity Chemicals Division Functional Chemicals Division Living Essentials Internal Audit Office Strategic IT Planning and Solution Business Unit Living Essentials Foods (Commodity) Division Foods (Products) Division Textiles Division General Merchandise Division This pamphlet was produced using 100% recycled paper.

8 C ORPORATE D ATA As of March 31, 2002 Company Name Date Established April 1, 1950 Capital 126,608,712,734 Head Office 6-3, Marunouchi 2-chome Chiyoda-ku, Tokyo , Japan Shares of Common Stock Issued 1,567,175,508 Network (As of September 1, 2002) Offices: In Japan: 39 Overseas: 109 Overseas Subsidiaries: Offices in 69 locations, including 38 main and 31 branch offices Number of Employees 6,628 In addition, there are 331 advisors and part-time employees, 1,311 overseas local staff and 1,865 local staff belonging to overseas subsidiaries. Principal Shareholders (Top 10) The Tokio Marine and Fire Insurance Company, Limited Japan Trustee Services Bank, Ltd. (Trust Account) Meiji Life Insurance Company The Mitsubishi Trust and Banking Corporation The Mitsubishi Trust and Banking Corporation (Trust Account) The Bank of Tokyo-Mitsubishi, Ltd. Mitsubishi Heavy Industries, Ltd. The Dai-Ichi Kangyo Bank, Limited UFJ Trust Bank Limited (Trust Account A) Nippon Life Insurance Company 6-3, Marunouchi 2-chome Chiyoda-ku, Tokyo , Japan URL: Printed in Japan

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