Mitsubish i Motors Around the Wor ld
Facts in Brief
Major Shareholders (% of total)DaimlerChrysler AGMitsubishi Heavy Industries, Ltd.Mitsubishi CorporationCapital Guardian Trust CompanyThe Mitsubishi Trust & Banking CorporationDaimlerChrysler MMC Beteiligungsgesellschaft mbHThe Bank of Tokyo-Mitsubishi, Ltd. Japan Trustee Service Bank, Ltd. (Trust Account)The Master Trust Bank of Japan, Ltd. (Trust account)Meiji Life Insurance Company
Corporate InformationMitsubishi Motors Around the World
33.7014.82
5.214.423.283.272.902.161.861.28
Company NameMitsubishi Motors Corporation
Date of EstablishmentApril 22, 1970
Head Office2-16-4 Konan, Minato-ku, Tokyo Japan 108-8410
Telephone+81-3-6719-2111
President & CEORolf Eckrodt
Paid in Capital (yen)252,201,223,000
Main BusinessDevelopment, design, manufacture, assembly, purchase and sales, exports and imports, and other transactions concerning automobiles and automotiveparts
Number of EmployeesJapan: 27,125North America: 4,709Europe: 4,845Other Regions: 8,596Total: 45,275
Statutory Auditors
Mitsugu NakabayashiHirao IijimaMotoo MakitaNobuo Kuroyanagi
Senior Executive Officers
Tadashi OhmiyaJoachim CoersYoichi YokozawaChristian Cahn v. SeelenAtsushi UebaMakoto ArigaOlivier BoulayKai-Uwe SeidenfussAkira KijimaStefan BuchnerSeihachi Futase
0 2
As of March 31, 2003. Board Members were newly appointed on June 25, 2003.
Board of Directors and Senior Officers
Members of the Board
Takashi SonobeRolf EckrodtSteven A. TorokUlrich W. WalkerEiji IwakuniKeiichi HashimotoManfred BischoffRüediger GrubeTakashi NishiokaMikio Sasaki
Financial DataMitsubishi Motors Around the World
Net Sales
00 01 021
0
1,000
2,000
3,000
4,000
(FY)
(billion yen)
0 3
Notes:1 Due to a change of balance date at overseas subsidiaries, from
December 31 to March 31, 15-month figures for overseas subsidiaries have been included.
2 Includes figures for truck and bus operations.
3 FY00 and FY01 include truck and bus operations. FY02 indicates passenger cars only, as truck and bus operations were spun off and became an equity-method affiliate of MMC on March 14, 2003.
Total Assets3
00 01 02
0
1,000
2,000
3,000
4,000
(FY)
(billion yen)
Interest-Bearing Debts3
00 01 02
0
500
1,000
1,500
(FY)
Operating Profit (Loss)
00 01
-100
-50
0
50
100
(FY)
(billion yen)
Automobiles Financial services
Net Income (Loss)2
00 01 021
-300
-200
-100
0
100
(FY)
(billion yen)
021
2,558 2,520
3,161
2,982 2,895
2,425
1,3271,305
1,009
-278
11
37
-83
31
74
322
617
1,556
Retail Sales by RegionMitsubishi Motors Around the World
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Japan
FY00 FY01 FY02
0
200
400
600
800
(thousand units)
450
404
354
NAFTA
CY00 CY01 FY02
0
200
400
600
800
(thousand units)
314347
Europe
CY00 CY01 FY02
0
200
400
600
800
(thousand units)
258
213 200
Other Regions
FY00* FY01* FY02
0
200
400
600
800
*Figures for Thailand, The Philippines, Australia and New Zealand are CY
(thousand units)
594
646
Total
2000 2001 2002
0
200
400
600
800
1,000
1,200
1.400
1.800
1.600
(thousand units)
1,547
1,616
Main ModelsMitsubishi Motors Around the World
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Diamante Galant Lancer Evolution VIII Pajero1
Pajero iO3 Outlander AirtrekGrandis Dion
L300 / Delica Cargo Delica Space Gear Minica Pajero Mini Minicab / Townbox
Eclipse / Eclipse Spyder Endeavor Carisma
1 Also known as Montero2 Also known as Montero Sport and Nativa3 Also known as Pajero Pinin
Space Star L200 / Strada
Pajero Sport 2
Colt
eK-Wagon
Japan/Export Models
Regional Models
Magna / Verada
Lancer / Lancer Wagon
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Worldwide LocationsMitsubishi Motors Around the World
Overseas Production FacilitiesNORTH AMERICAUnited States of America
CENTRAL / SOUTH AMERICABrazilColombiaVenezuela
OCEANIAAustralia
ASIABangladeshChinaIndiaIndonesiaMalaysiaThe PhilippinesTaiwanThailandVietnam
EUROPEItalyThe Netherlands
AFRICAKenyaSouth AfricaTunisiaZimbabwe
MIDDLE EASTUnited Arab Emirates
EUROPEThe Netherlands
Overseas Parts Depots
NORTH AMERICAUnited States of America
OCEANIAAustralia
Overseas R&D CentersEUROPE GermanyThe Netherlands
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NORTH AMERICAUnited States of America
Overseas Design StudiosEUROPEGermany
OCEANIAAustralia
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Parts DepotsAichiFukuokaHokkaidoKanagawaMiyagiOkayamaOsaka
Production Facilities in JapanMizushima PlantNagoya PlantPowertrain Plant(Powertrain Plant-Kyoto, Powertrain Plant-Shiga)
R&D CentersKyotoOkazakiTokachi
Design StudiosOkazakiTama, Tokyo
Mitsubishi Motors Group of Companies
JapanMitsubishi Motors Training Center Co., Ltd. (MTC)Pajero Manufacturing Co., Ltd. (PMC)Mitsubishi Automotive Techno-Service Co., Ltd. (MATS)Mitsubishi Automotive Engineering Co., Ltd. (MAE)Mitsubishi Automotive Logistics Co., Ltd. (MALS)Mitsubishi Auto Credit-Lease Corporation (MCL)Ralliart Inc.Tokyo Mitsubishi Motor Sales Co., Ltd.Kinki Mitsubishi Motor Sales Co., Ltd.Others
OverseasMitsubishi Motors North America, Inc. (MMNA)Mitsubishi Motors Credit of America, Inc. (MMCA)Mitsubishi Motors R&D of America, Inc. (MRDA)Mitsubishi Motors Sales of Caribbean, Inc. (MMSC)Netherlands Car B.V. (NedCar)MMC International Finance (Netherlands) B.V. (MMCIF)Mitsubishi Motors Europe B.V. (MME)Mitsubishi Motor R&D of Europe GmbH (MRDE)MMC Sittipol Co., Ltd. (MSC)Mitsubishi Motors Philippines Corporation (MMPC)Mitsubishi Motors Australia Limited (MMAL)Others
Domestic ProductionMitsubishi Motors Around the World
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Mitsubishi Heavy Industries Ltd. completes Okazaki Test Course Nagoya Motor
Vehicle Works
Tooling and Stamping Shop completed, Car Research & Development Center established
Renamed Nagoya Motor Vehicle Works of Mitsubishi Motors Corporation after
separation from Mitsubishi Heavy Industries Ltd.
Factory completed. Started production of the Celeste and Galant �
Started production of the Galant �
Started production of the Tredia, Cordia and Starion
Started production of Chariot
Achieved cumulative production of 1 million vehicles
Started production of the Galant
Started production of the Eterna
Started production of the Eterna SAVA
Started production of the RVR. Achieved cumulative production of 2 million vehicles
Started production of the Galant, Eterna and Emeraude
Started production of the new Galant and Legnum
Acquired ISO 9002. Started production of the Chariot Grandis and the new RVR
Acquired ISO14001. Achieved cumulative production of 3 million vehicles
Nagoya Motor Works renamed Nagoya Plant
Production of the Pajero iO transferred from Oye Plant
Production of the Proudia Dignity and Diamante transferred from Oye Plant
Started production of the Colt
Started production of the new Grandis
1962
1969
1970
1977
1978
1982
1983
1985
1987
1988
1989
1991
1992
1996
1997
1998
1999
2000
2001
2002
2003
History
OutlineSite Area: 425,000 sq. metersFloor Area: 147,000 sq. metersEmployees: 1,800
Production Volume (2002): 82,934 unitsMain Business: Production and assembly for domestic and export marketsAddress: 1 Nakashinkiri, Hashime-cho, Okazaki, Aichi, 444-8501
Nagoya Plant
Domestic ProductionMitsubishi Motors Around the World
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HistoryMizushima PlantPlant opens as Mizushima Aircraft Works of Mitsubishi Heavy Industries, Ltd.
Launch of Mizushima 3-wheeled truck
Started production of mid-size and mini-truck, mini and small passenger cars
Launch of Mitsubishi 360 mini-truck and van
Launch of Mitsubishi Minica compact passenger car
Launch of Colt 800 small passenger car
Launch of Mitsubishi Minicab small truck, production begun on Canter light truck
Launch of Delica small truck
Renamed Mizushima Motor Works of Mitsubishi Motors Corporation
Launch of Lancer small passenger car
Launch of Mirage small passenger car
Launch of Libero, production started on RVR
50th anniversary, launch of new Minica and Minica Toppo compact cars
Launch of Delica Space Gear and FTO passenger cars, FTO receives ‘Japan Car of the
Year’ award
Production begun on Pajero Mini, launch of new Lancer and Mirage models
Launch of new Minica, Toppo BJ, and Pajero Mini
Launch of Mirage Dingo and new Minicab Van/Truck and Town Box models
Launch of Dion, Lancer Cedia, and Cedia Wagon
Launch of Airtrek and eK Wagon, Airtrek and eK Wagon receive the ‘2001-2002 Good
Design Award’
Launch of eK Sport
Launch of new Lancer, new Lancer Wagon and eK Classy
1943
1946
1959
1960
1962
1965
1966
1969
1970
1973
1978
1992
1993
1994
1995
1998
1999
2000
2001
2002
2003
OutlineSite Area: 1,245,700 sq. metersFloor Area: 465,370 sq. metersEmployees: 4,300
Production Volume (2002): 501,971 unitsMain Business: Production and assembly for domestic and export marketsAddress: 1-1 Mizushima Kaigan-dori, Kurashiki-shi, 712-8501
1 0
Domestic ProductionMitsubishi Motors Around the World
Site Area: 173,000 sq. metersFloor Area: 55,000 sq. metersEmployees: 500Production Volume (2002): 297,830 unitsBusiness Area: Engine productionAddress: 2-1 Kosunacho, Kosei-cho, Koga-gun, Shiga, 520-3212
Powertrain Plant (Kyoto)
Powertrain Plant (Shiga)
History
History
Factory completed by Kyoto Machinery Works of Mitsubishi Heavy Industries, Ltd.
Renamed Kyoto Machinery Works of Central Japan Heavy Industries, Ltd.
Company renamed Shin Mitsubishi Heavy Industries, Ltd.
Company renamed Mitsubishi Heavy Industries, Ltd.
Separated from Mitsubishi Heavy Industries, Ltd., to become Kyoto Works of
Mitsubishi Motors Corporation
Kyoto Shiga plant opens
Renamed Powertrain Plant
1944
1950
1952
1964
1970
1979
2003
Kyoto Shiga plant opens
Renamed Powertrain Plant
1979
2003
Outline
OutlineSite Area: 299,000 sq. metersFloor Area: 208,000 sq. metersEmployees: 2,700
Production Volume (2002): 442,540 unitsMain Business: Engine productionAddress: 1 Uzumasa, Tatsumi-cho, Ukyo-ku, Kyoto, 616-8501
1 1
Domestic R&D NetworkMitsubishi Motors Around the World
Tama Design Center
Outline
Established: 1995
Main Business: Advanced design research
Address: 1-16-1 Karakida, Tama-shi, Tokyo
206-0035
Car Research and Development Center
Outline
Established: 1962
Main Business: Full range of research,
development and design
Address: 1 Nakashinkiri, Hashime-cho, Okazaki,
Aichi, 444-8501
Tokachi Proving Ground
Outline
Established: 1996
Main Business: Vehicle testing laboratory and
test track
Address: 22-1 Osarushi, Otofuke-cho, Kato-gun,
Hokkaido 080-0271
Overseas ProductionMitsubishi Motors Around the World
1 2
North America
Outline
Name: Mitsubishi Motors North America, Inc. (MMNA)
Established: 1988
Site Area: 2,570,000 sq. meters
Floor Area: 190,000 sq. meters
Employees: 3,300
Production Volume (2002): 204,233 units
Main Business: Production and assembly for the North American market
Address: 100 N. Mitsubishi Motorway, Normal, Illinois 61761, U.S.A.
Europe
Outline
Name: Netherlands Car B.V. (NedCar)
Established: 1991*
Site Area: 910,000 sq. meters
Floor Area: 350,000 sq. meters
Employees: 4,200
Production Volume (2002): 182,368 units (includes Volvo badged vehicles)
Main Business: Production and assembly for European markets
Address: Dr. Hub van Doorneweg 1, 6121 RD Born, The Netherlands*Beginning of Mitsubishi Motors investment. Plant operation started in 1968.
1 3
Australia
Outline
Name: Mitsubishi Motors Australia, Ltd. (MMAL)
Established: 1980*
Site Area: 916,000 sq. meters
Floor Area: 230,602 sq. meters
Employees: 3,347
Production Volume (2002): 46,191 units
Main Business: Production and assembly for the Australian and export markets
Address: 1284 South Road, Clovelly Park, Adelaide, South Australia, Australia
(PO Box 8, Melrose Park, S.A. 5039)*Beginning of Mitsubishi Motors investment. Plant operation started in 1916.
Thailand
Outline
Name: MMC Sittipol Co., Ltd. (MSC)
Established: 1987
Site Area: 430,400 sq. meters
Floor Area: 79,800 sq. meters
Employees: 2,952
Production Volume (2002): 104,832 units
Main Business: Production and assembly for the Thailand and export markets
Address: 69-69/1-3 MU 11, Phaholyothin Road, Tambol Klongneung
Ampur Klongluang, Phathumthanee 12120, Thailand
All figures as of March 31, 2003.
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Overseas R & D NetworkMitsubishi Motors Around the World
MRDA(Mitsubishi Motors R & D of America)
Outline
Established: 1996Main Business: Development and testing of American-
made Mitsubishi carsHead Office: 3735 Varsity Drive, Ann Arbor, MI
48108, U.S.A.
MRDE(Mitsubishi Motor R & D of Europe, GmbH)
Outline
Established: 1993Main Business: Full range of research and development on all aspects of Mitsubishi carsHead Office: Diamantstrasse 1, 65468 Trebur, Germany
MRDAus(Mitsubishi Motors
Austral ia, Ltd. R & D Divis ion)
Outline
Established: 2003Main Business: Design and testing center Head Office: 1284 South Road, Clovelly Park, Adelaide
South Australia, 5024 Australia
1917 1937 1946 1959 1960 1961 1964 1965 1969
1970 1971 1973 1978 1982 1987 1991 1992
1994 1995 1996 1997 1999 2000 2001
1983
2002 2003
1962
1990
1998
Development of Model-A passenger car started
1 5
MilestonesMitsubishi Motors Around the World
Prototype of PX33 military-use 4WD passenger car produced
Development of a small 3-wheel cargo carrier, the Mizushima (XTM1) completed
The Leo, a compact 3-wheel car by Shin Mitsubishi Heavy Industries, launched
The Mitsubishi 500, the first compact 4-wheel passenger car by Shin Mitsubishi Heavy Industries, launched
The Mitsubishi 360 Van and Pickup, light 4-wheel passenger cars by Shin Mitsubishi Heavy Industries, launched
The Colt 600 by Shin Mitsubishi Heavy Industries launchedThe Mitsubishi Minica, a light four-wheel passenger car by Shin Mitsubishi Heavy-Industries, launched
The Debonair, a high-class passenger car, launched
The Colt 1500, a passenger car, launched
The Delica, a cab-over-type commercial vehicle, and Colt Galant sedan launched
The Colt Galant GTO launchedThe initial basic contract on a joint venture with Chrysler concludedMitsubishi Motors Corporation established
The Galant Coupe FTO launched
The Lancer launched The Mirage launchedKM160 Super Shift developed
G12B MD engine developedThe Tredia, Cordia, Pajero and Starion launchedExhaust gas test laboratory in Ann Arbor completed
The unmodified production class title and first and second place finishes in the Marathon Race won by the Pajero in its first Paris-Dakar RallyThe Chariot launched
SS4, Multi-mode ABS and the Lancer Van electric vehicle developedJoint production plan with the Dutch government and Volvo concludedNedCar established
The first-generation Lancer Evolution launchedINVECS 4-wheel multi-link suspension, Distance Warning System, passenger airbag and 4G92 MIVEC engine developed
The Delica Spacegear, FTO and Pajero Mini launchedThe FTO voted ‘94-‘95 Japan Car of the Year
Gasoline Direct Injection Engine (GDI) developedMass production of the Carisma at NedCar started
The Challenger, Galant, Legnum and Carisma launchedThe Galant and Legnum voted ‘96-‘97 Japan Car of the Year
Agreement with Pininfarina on compact SUV production reachedComponent-producing plant in Yagi-cho, Kyoto completed
The Pajero iO, Mirage Dingo and SpaceStar manufactured at NedCar, launched
Electric vehicle world record of 2,000 km in 24 hours set (officially registered with Guinness Book of Records)
New-generation powertrain GDI-CVT developedPartnership contract with DaimlerChrysler concluded, investment provided
The Airtrek and eK Wagon launchedPlan to build engine plant jointly with DaimlerChrysler in Germany announced
The Minica Toppo, Diamante and GTO launchedThe Diamante and Sigma voted ‘90-‘91 Japan Car of the Year
Plan to develop new engines jointly with DaimlerChrysler and Hyundai Motor announcedAgreement with Beijing Jeep to build Pajero Sport The Colt launched
Truck and bus business spun off, Mitsubishi Fuso Truck & Bus Corporation establishedThe Grandis launchedHeadquarters moved to new building in Shinagawa
The Mirage Hatchback and Galant launchedThe Galant voted ‘87-‘88 Japan Car of the Year
Printed in Japan 10,2003
2-16-4 Konan Minato-ku, Tokyo Japan 108-8410Phone: +81-3-6719-2111Fax: +81- 3-6719-0065www.mitsubishi-motors.com