The Mitsubishi Group is a collection of several multinational companies of Japan. They are autonomous in nature and cover a huge array of businesses which has shared the brand, trademark, and legacy of Mitsubishi. It is also known as the Mitsubishi Group of companies or simply Mitsubishi companies. This group of companies has made an entity, and is referenced in the media of the United States and the Japan and other reports.
These companies descend from the zaibatsu. Top 25 companies are the members of Mitsubishi or the Friday Club. Additionally, the committee of this company facilitates the communication and access the brand through a web site. This company was formed initially in 1870. The name can be broken into main parts. Mitsu means three and Bishi means water chestnut. The company’s logo is reflected through a rhombus. It is further translated into three diamonds.
The company also entered into the area of coal mining, to get back the coal, which was required for ships. It later also bought a yard for ship building from the officials of government in order to repair the ships, which it used. It also started the marine insurance to meet all its requirements of shipping business. During Second World War, it also produced an aircraft, which was directed by Jiro Horikoshi. It was meant for pilots of Japanese navy throughout the war and in later stages. The company used to compel labour during the time period. The labors were Chinese, Korean and allied POW people. Many people think it to be a company. But it is rather a community, made up of many independent companies. These companies conduct the operations of the business on an independent basis and can compete with each other in several fields.
But their philosophy of management is same throughout. They cooperate in almost all the areas of common interest like cultural events, activities related to public interest and sporting events. They also made a portal on the Internet, which is known as Mitsubishi.com. This helps us to provide a broad perspective on the company itself.
All the companies of this brand follow the 3 core principles, which are prescribed by Koyata Iwasaki. He is the fourth president of this organization. The 3 main principles are related to social responsibility of corporations, fairness and integrity and the global understanding of the business. The companies also follow certain philanthropic activities like volunteer work, corporate donations. They support wide ranging efforts like making joint charitable foundations and other research organizations.
The company has launched its first volume electric car, after many decades of experimentation, trials and many innovations. They are totally 100 percent which has a reduced effect on the environment. It does not compromise at all in terms of convenience, fun, and comfort. The size is perfect and gives the urban driving a very modern and pleasurable look instead of a chore. The car has a wheel base, big in length and a dash of low slung gives you a very spacious and awesome visibility.