OTC:MSBHF

Mitsubishi Corporation Announces Establishment of Marunouchi Capital Fund III

Retrieved on: 
火曜日, 4月 11, 2023
Queens, MC, IM, DIY, Mitsubishi Corporation, COVID-19, Investment, Honda, Fund, Financial services, Isetan

TOKYO, Apr 11, 2023 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce the establishment and initial closing of the Marunouchi Capital Fund III (Fund III), which is managed by MC's wholly owned subsidiary, Marunouchi Capital Inc. (Marunouchi Capital).

Key Points: 
  • TOKYO, Apr 11, 2023 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce the establishment and initial closing of the Marunouchi Capital Fund III (Fund III), which is managed by MC's wholly owned subsidiary, Marunouchi Capital Inc. (Marunouchi Capital).
  • Fund III, which received 40.2 billion yen investment commitment from investors, will make buyout investments primarily in Japanese companies.
  • Marunouchi Capital plans to raise new investment through additional rounds of funding and increase Fund III to around 100 billion yen.
  • Through Fund III, Marunouchi Capital plans to leverage both the expertise gained through its first two funds and MC's comprehensive strength to assist economic growth in Japan by boosting the value of its portfolio companies and stimulating industry.

Mitsubishi Corporation Signs Loan Agreement for Monsoon Cross-border Wind Project in Laos

Retrieved on: 
月曜日, 4月 10, 2023
Diamond, Asian Development Bank, ASEAN, Japan International Cooperation Agency, MC, Electricity, Carbon, Government, Wind, Mitsubishi Corporation, Economic development, Korea International Cooperation Agency, Sumitomo Mitsui Banking Corporation, Vietnam Electricity, Renewable energy, Monsoon

Once the wind farm has been constructed, it will sell electricity to Vietnam's state-owned electric power company (Vietnam Electricity) under a 25-year power purchase agreement.

Key Points: 
  • Once the wind farm has been constructed, it will sell electricity to Vietnam's state-owned electric power company (Vietnam Electricity) under a 25-year power purchase agreement.
  • The Monsoon Wind Power Project is situated in southern Laos, and when completed will boast the largest installed capacity of any wind farm in Southeast Asia.
  • Furthermore, in strengthening cross-border power-transmission infrastructure, the Monsoon project should help to raise the average standard of living in Laos.
  • By participating in this project, MC is demonstrating a commitment to climate action, energy stability in Vietnam, and economic development in Laos.

Toyobo and MC Launch Operations at New Joint Venture Company

Retrieved on: 
木曜日, 4月 6, 2023
Mitsubishi Corporation, Rare-earth element, Typesetting, Automotive industry

TOKYO, Apr 6, 2023 - (JCN Newswire) - Toyobo Co., Ltd. and Mitsubishi Corporation are pleased to announce that on April 1st, 2023, we officially launched operations at our new joint venture company, Toyobo MC Corporation, which will specialize in the planning, development, manufacturing and sales of functional materials.

Key Points: 
  • TOKYO, Apr 6, 2023 - (JCN Newswire) - Toyobo Co., Ltd. and Mitsubishi Corporation are pleased to announce that on April 1st, 2023, we officially launched operations at our new joint venture company, Toyobo MC Corporation, which will specialize in the planning, development, manufacturing and sales of functional materials.
  • Please refer to the link of the document for details: www.mitsubishicorp.com/jp/en/pr/pdf/2023/0406.pdf

Mitsubishi Corporation: PoC Launched in Portland, Oregon to Develop Smart Multifamily Apartment

Retrieved on: 
金曜日, 3月 24, 2023
Diamond, POC, Partnership, Kyushu Electric Power, Quality of life, Silicon, EX, DRI, DX, Growth, City, Society, Management, Incorporated

These relationships are invested in MC's aim to equip urban communities with functions and services that will enhance their value.

Key Points: 
  • These relationships are invested in MC's aim to equip urban communities with functions and services that will enhance their value.
  • Their partnership has commenced a proof of concept (PoC) aimed at demonstrating the merits of smart homes.
  • The technologies and systems will be installed in certain units of a multifamily apartment development now under construction in the South Waterfront in the city of Portland, Oregon.
  • The smart devices and properties will be centrally managed by an application developed by HOMMA.

MC Signs Integrated Railway Systems and Trackwork Contract for North-South Commuter Railway Extension Project in the Philippines

Retrieved on: 
月曜日, 3月 6, 2023
Carbon, Quality of life, Local, MC, North–South Commuter Railway, Materiality, STEP, Transport, Japan International Cooperation Agency, Complexity, Problem Solving, and Sustainable Societies, Government, Air pollution, Knowledge, Republic, Department of Transportation (Philippines), JICA, Clark International Airport, Rail transport

MC is responsible for designing, manufacturing and installing all the systems2 and will deliver them to DOTr for the extension project of the North-South Commuter Railway.

Key Points: 
  • MC is responsible for designing, manufacturing and installing all the systems2 and will deliver them to DOTr for the extension project of the North-South Commuter Railway.
  • The Philippines government is promoting a large-scale infrastructure development program called "Build, Better, More," in which the North-South Commuter Railway Extension Project is considered a core component.
  • By utilizing its railway business know-how, MC will help the Philippines to upgrade its transportation infrastructure and improve mobility for its people.
  • Furthermore, MC has plans to proactively engage in railway projects promoted by the Japanese government to export high-quality infrastructure.