Grand Prix Winners 2012-2013 Started in 1990, the Mitsubishi Asian Children’s Enikki Festa is a program that seeks to promote literacy education and to stimulate cultural exchange among children by allowing them to learn about each other through “enikki” (illustrated diaries). ■ http://enikki.mitsubishi.or.jp/e/index_f.html Manaswi Budhathoki Phan Huong Giang Age 10, Girl Federal Democratic Republic of Nepal Age 9, Girl Socialist Republic of Viet Nam We are playing break the pinata in the garden. The pinata, a pot filled with sweets, is hanging from a tree limb. I am blindfolded and am trying to break the pot with a stick. My friends are teasing me in good spirits. The Dragon Boat Races Dragon boat races are a long tradition in our nation. They are a beautiful tradition. The races on Hanoi’s Hoan Kiem Lake are especially exciting. This spot reminds us of Vietnam’s heroic legends. * The Enikki entries above, when necessary, have been translated into English from the language they were originally written in. Kadomatsu New Year Decorations Keeping in Step with the Times T he Japanese bedeck their homes with a variety of New Year decorations just after Christmas. The kadomatsu decorate gates and front doors, and are considered the most important of all New Year decorations. They differ in their design from region to region but in general they have a central element of three cut bamboo stems around which are arranged pine branches, with everything being wrapped at the bottom with rice straw shaped like a flower pot. From a forest conservation standpoint, however, in recent years many local authorities distribute posters or offer a service enabling people to download a kadomatsu image for printing out. And for those who, because their residential conditions do not allow the use of large kadomatsu, some shops offer kadomatsu in a flower arrangement form. Whatever shape they may take, however, it is the custom not to forget to remove the ©OKAYAMA CITY kadomatsu once matsu-no-uchi 1 has passed. photo: Mitsutoshi Kimura / AFLO Note 1: The period for putting kadomatsu on display. Originally it was from January 1 to 15 but the period differs depending on the region of Japan. photo: Kenji Hashimoto / AFLO For more information about the Mitsubishi companies, see “Mitsubishi Profile” ■ http://www.mitsubishi.com/mpac/e/activity/profile.html The Mitsubishi Monitor is published by the Mitsubishi Public Affairs Committee Marunouchi Nakadori Bldg., 2-3, Marunouchi 2-chome, Chiyoda-ku, Tokyo 100-0005, Japan Phone: 81-3-5218-8660 Fax: 81-3-5218-8661 Volume 29 No.6 Official Website ■ http://www.mitsubishi.com/mpac/e/monitor/back/index.html We want your feedback! ■ http://www.mitsubishi.com/mpac/e/talk/form.html ©2015 Mitsubishi Public Affairs Committee Printed in Japan on recycled paper A Bimonthly Review of the Mitsubishi Companies and Their People Around the World 2015-2016 December & January At the Forefront of Steel Manufacturing Cover Story Hot-Strip Rolling Mill Order from SAIL of India India News & Products All-new Pajero Sport Mid-size SUV Makes World Debut in Thailand Technology Transfer and Adaption of H2Station® CAR-100 Fueling Packing Japan Mitsubishi Kakoki Kaisha (MKK) and Danish company H2 Logic A/S, a leading manufacturer of hydrogen fueling stations, have executed an agreement for a technology transfer of the Thailand H2Station® CAR-100 product and the development of a low-cost Overseas Promotion of Advanced Hybrid Greenhouse Businesses China Australia fueling packing which complies with Japanese laws and market Mitsubishi Plastics group has Mitsubishi Motors Corporation’s (MMC) all-new Pajero Sport requirements. The CAR-100 is an integrated package housed been expanding its advanced made its world premiere in August 2015 in Thailand, where it is in a container and can start fueling hydrogen within 48 hours of hybrid greenhouse businesses produced at Mitsubishi Motors (Thailand) Co. Ltd. It is the first installation. MKK has been involved in the construction of hydrogen overseas. The group’s hybrid full redesign of the Pajero Sport mid-size SUV in seven years. fueling stations in Japan using the company’s own HyGeia steam greenhouses combine two systems: A full-feature off-road SUV, the all-new Pajero Sport brings with reforming technology. The collaboration with H2 Logic strengthens Nae-Terrace™, a closed seedling Mitsubishi Corporation (MC) and Larsen & Toubro (L&T) have it a refined and high-quality exterior design, a comfortable interior, MKK’s market leader position in the supply and construction of growth system utilizing artificial light; signed a contract with Steel Authority of India Limited (SAIL) for high-quality vehicle performance, environmental performance on a hydrogen fueling stations in Japan. MKK expects to market launch and Napperland™, a system for Packaging for the vegetables ecoLEAFTM on sale in Australia hydroponic cultivation for leaf vegetables. Unaffected by the weather ® a Japanese version of the H2Station CAR-100 during 2016. the construction of a large-scale hot-strip rolling mill in India with a par with the best in its class, and comprehensive advanced safety production capacity of 3 million tons per annum. The rolling facility features. Sales started in Thailand in the fall, and MMC plans or soil conditions, they enable planned production of seedlings, will be built at the Rourkela Steel Plant, located in the eastern to introduce the all-new Pajero Sport sequentially in Australia, stabilization of quality and steady production by controlling state of Odisha (Orissa). The plant is to produce a wide range the ASEAN nations, the Middle East, Africa, Latin America and temperature, light, culture solutions and carbon dioxide. The of steels, including high-quality grades for use in the automotive Russia, ultimately selling the new model in some 90 countries. vegetables are grown without the use of pesticides in the system. In and household appliance industry, as well as API1 grades. The May 2014, the group established a sales base of hybrid greenhouse contract is valued at approximately 50 billion yen and the plant is systems in China.Then it started to expand the agricultural scheduled to start operating from the beginning of 2018. businesses in Australia. In July 2014, the group established KAITEKI Fresh Australia Pty Ltd in Victoria, Australia, which produces and MC and L&T will serve as contractors for the project, with MC undertaking project management. Mitsubishi Heavy sells vegetables grown in the hybrid greenhouse. Agricultural The CAR-100 hydrogen fueling package Industries group member company Primetals Technologies ■ (PT) will execute the designing and engineering of the entire production in Australia faces challenges due to droughts and http://www.kakoki.co.jp/english/news/pdf/p150710.pdf serious water shortages, and this system is less water-intensive than traditional methods. The Australian company began selling leaf plant and will supply the main mechanical equipment. Hitachi Ltd will design, engineer and supply electrical equipment and the by Mitsubishi Corporation Machinery, Inc. The all-new Pajero Sport ■ automation system. Overall project execution will be supported http://www.mitsubishi-motors.com/publish/pressrelease_en/ products/2015/news/detail0977.html worldwide, this is its first full turnkey steel plant project in India. 2 Factors leading to SAIL’s choice were the reputation MC, PT and Hitachi have in executing such projects globally; PT’s FUSO Trucks Launched in Trinidad and Tobago and Cambodia vegetables called ecoLEAF™ in the autumn of 2015 and plans to Trinidad and Tobago Cambodia Commercial Oil Production Gets Underway at Ungani Field in Western Australia launched its FUSO brand light-medium and medium-heavyAustralia duty trucks in Trinidad and Tobago and in Cambodia. The trucks are produced at Daimler India Commercial Vehicles Pvt. Ltd.’s proposed technology for finishing rolling equipment; Hitachi’s Mitsubishi Corporation Oragadam plant. The launch of these trucks in Trinidad and advanced electrical control systems for rolling mills; and the (MC) and Buru Energy Tobago marks the debut of the FUSO brand in Latin America tie-up with local partner L&T, which has vast experience in plant Limited have been working and the first time the company has exported FUSO brand left- engineering and construction in India. together in the exploration hand drive vehicles. At a presentation by local distributor Diamond and development of onshore Motors the new trucks were introduced to over 100 customers and India produced approximately 90 million tons of crude steel build the brand. Mitsubishi Fuso Truck and Bus Corporation (MFTBC) has Although MC has a wealth of experience with steel plants Seedlings Nae-Terrace™ Hydroponics The leaf vegetable seedlings are transferred to Napperland™ in 2014, and the Ministry of Steel plans to expand that to 300 oil and gas in the Canning government officials, million tons by 2025. MC will Super Basin, located in the and their quality and use this project as a platform Kimberley region of Western finish were highly to explore opportunities for Australia. This marks the further engagement in India’s first time for a Japanese company to commence commercial plans to strengthen steel industry. onshore oil production in WA. Oil produced from the Ungani fields the position of FUSO is of very high quality, including its notably low sulfur content, and brand trucks both in 1-1, Marunouchi 1-Chome, Chiyoda-ku, Tokyo 100-8252 stable demand for it is expected in Asia and Oceania. The joint left-hand drive and Mitsubishi Plastics contributes to establishing a better society by providing a wide spectrum of advanced products and materials. By enhanced technology and product development capabilities, the company will optimize the infinite potential of plastics and advanced materials. other global markets. venture plans to expand sales to oil refiners mainly in Southeast Asia through MC group network members such as Petro- The FJ medium-heavy-duty left-hand truck Diamond Singapore (Pte) Ltd and Diamond Tanker Pte. Ltd. ■ http://www.mitsubishicorp.com/jp/en/pr/archive/2015/ html/0000028122.html http://www.mpi.co.jp/english/news/201407030720.html http://www.mpi.co.jp/english/news/201507170792.html praised. MFTBC The production site (Courtesy of Buru Energy) ■ ■ http://www.mitsubishicorp.com/jp/en/pr/archive/2015/ html/0000028309.html http://www.primetals.com/en/PressAndMedia/Pages/ NewsDetails.aspx?NewsID=29 ■ ■ Note 1: American Petroleum Institute (API) grades. Note 2: A plant that is designed, supplied, built, or installed fully complete and ready to operate. ■ 2 Front Line http://www.mitsubishi-fuso.com/en/press/150623/150623.html Mitsubishi Plastics Est. 1943 ■ http://www.mpi.co.jp/english 3 Global Spotlight focuses on employees from the Mitsubishi companies who are excelling in their respective fields around the world. In each issue we will get to know different employees, who will tell us about their hometowns, businesses, culture, and pastimes. from from “No rush, but move fast” the USA My Company and Job This is definitely one of the most frequent phrases that you can hear in Hong Kong, which truly explains the attitude of most Mitsubishi Polycrystalline Silicon America Corporation of the people here. Hong Kong is an extremely fast-paced city (dba Mitsubishi Polysilicon) is a subsidiary of Mitsubishi where people are always hurrying off, from walking, dining, even to speaking. Working efficiently is an Materials Corporation. Our company produces ultra expected norm in your workplace; while feeling stressed out could be just part of your life, and most people Photos are provided by Mr. Simon Lam get used to it and ironically a lot of people love to get neck-deep in work here, including me. It’s no wonder high-purity polysilicon for the semiconductor industry. photo: AP / AFLO Semiconductors are generally small and complex devices, and why Hong Kong remains one of the most competitive cities in the world. On the other hand, Hong Kong are found in thousands of products such as computers, cell phones, appliances, and medical equipment. people, especially the younger generation, do know how to Due to the extraordinary precision and quality required of semiconductors, the material from which they enjoy life, to relax after working long hours. For me, I love to are made must be equally extraordinary as is the ultra high-purity escape from the “urban jungle” and go hiking. You will be polysilicon manufactured by Mitsubishi Polysilicon. surprised to know that Hong Kong has so many mountains As Vice President Accounting, Treasurer, I am responsible for the Hong Kong Global Spotlight with amazing scenic views. accounting and financial activities of the company. I was fortunate to be one of the first employees hired at the Mobile, Alabama, plant in 1996 and have experienced several plant expansions over the years. Today, I enjoy working alongside 150 wonderful co-workers who are committed to producing quality polysilicon for the world market. Diversity in Culture Ruled as a separate British colony for more than 150 years, Hong Kong has developed a unique culture – a fusion of East and West. Local Chinese continue to keep many Chinese Mr. Rob Howell Vice President Accounting & Treasurer Mitsubishi Polycrystalline Silicon America Corporation A subsidiary of Mitsubishi Materials The Location and Things to Do customs and the Chinese New Year is a key festival to celebrate. At the Mitsubishi Polysilicon is located in the Mobile, Alabama, trees are found in major shopping malls and many scrapers around Victoria metropolitan area which is in the southeastern United States, Harbour will be all decked out with twinkling Christmas lights. Another near the Gulf of Mexico. Mobile is one of Alabama’s largest interesting proof of a blended culture is the wedding ceremony here. The cities with a population of approximately 1.2 million within a new couples will generally follow the Chinese traditions or rituals in the 60-mile radius. Being a coastal city, Mobile was founded in morning time, while later they tend to have a more Western ceremony to 1702 as the first capital of colonial French Louisiana. Known exchange vows. The way they dress is also very different from day to night. same time, Christmas and Halloween are very popular here. Christmas as the City of Six Flags, Mobile has enjoyed a rich history of French, Spanish and British influences. We are proud of our heritage as the birthplace of Mardi Gras (French Catholic carnival tradition) in the United States. Near the water, the area enjoys a semi-tropical climate and 32 miles of beautiful white-sand beaches. and eating a variety of delicious seafood from the Gulf of Mexico and surrounding waterways. to be one of the members managing the A subsidiary of Meiji Yasuda Life Insurance Company newly founded Meiji Yasuda Asia Equity “football state” where all residents Active Fund in the same year. The last four must declare allegiance to their favorite years have been very fruitful for me as I have team. In the fall months, you can had many opportunities to travel across always catch me rooting for my alma Asia and meet with hundreds of companies. If you ever find yourself along the Meiji Yasuda Asia Ltd. Joining Meiji Yasuda Asia as a senior research analyst in 2011, I was very honored mater, Auburn University. Research Analyst A challenging career suits me Popular pastimes include swimming, boating and all forms of fishing. Personally, I enjoy catching, cooking Alabama is well known as a Mr. Chan Kit Tak I believe Hong Kong’s diverse culture does really help me in communicating effectively with people of different background. In fact, this is quite a challenging job not only because our team has to come up with Gulf Coast of Alabama, please look me attractive investable ideas, but it is also about taking decisive action and critical thinking everyday in our up. I’ll be happy to take you fishing, fast-changing business environment. Thanks to the best efforts of our dynamic team and the help from our teach you about American football, or supporting members in the HK office, our fund performance has been outstanding in the industry. show you the local sights. I have strong confidence that this track record will continue in future, and that our HK office will serve its role in exploring more business opportunities and promoting our company’s reputation in Asia. 4 5 Green Diamonds Joint Japan-France Energy Storage Project Green Diamonds highlights the ongoing efforts of Mitsubishi companies to foster a greener, more sustainable planet and brighter, more vibrant communities through wide-ranging environmental and social initiatives. Forsee Power’s new headquarters near Paris. The parties France to the agreement will study the viability of a new business model for energy storage systems utilizing used lithium-ion batteries in France and the rest of the European market. Mitsubishi Motors Corporation and Mitsubishi DURABIOTM Bio-based Engineering Plastic wins the Minister of Economy, Trade & Industry GSC Award Japan Corporation have reached agreement with Electricité DURABIOTM, a bio-based engineering plastic developed de France (EDF); Forsee Power, a key provider of energy by Mitsubishi Chemical, won the Minister of Economy, storage solutions sponsored by EDF; and PSA Peugeot Trade and Industry Award1 at the 14th Green and Citroën to launch a joint demonstration project for utilizing Sustainable Chemistry (GSC) Awards.2 Developed by the used lithium-ion batteries from electric-powered vehicles. company, DURABIOTM is a bio-based engineering plastic The purpose of the project is to demonstrate efficient made mainly from plant-derived isosorbide which gives it and economically feasible energy management practices outstanding surface impact, heat and weather resistance. It Commemorative photo of the 14th Green Sustainable Chemistry Award ceremony based on the optimization of electricity storage, charging also has excellent transparency and optical properties such coating process and enable a reduction in emissions of and generation as ease of coloring, volatile organic compounds (VOCs). The product won the technology to and its tough surface Award in recognition of its use of renewable resources, meet fluctuations hardness gives it its lower environmental impact and its provision of higher in demand. The superior scratch performance and thus added value. demonstration resistance. These project will be properties eliminate inaugurated in autumn 2015 at ■ http://www.mitsubishi-motors.com/publish/pressrelease_en/ corporate/2015/news/detailf710.html the need for any Note 1: Awarded to corporations that have contributed to the development of industrial technology. Note 2: Awarded to corporations which have contributed to the promotion of chemistry and chemical technologies that are people- and eco-friendly and that support the development of a sustainable society. Bio-based engineering plastic DURABIOTM Forsee Power’s new headquarters near Paris Financial Support for India’s Swaminathan Research Foundation Inclusion in the FTSE4Good Index for 13th Straight Year India Mitsubishi Corporation has announced that it will NYK has been selected by the FTSE Group,1 a global index provide financial support to the MS Swaminathan Research provider, for inclusion in the FTSE4Good Index, marking the 1 Foundation in India to assist with initiatives supporting 13th straight year that the company has appeared in this poor rural communities in the southeastern state of Andhra major yardstick for socially responsible investing (SRI).2 The Pradesh. A ceremony held in August to commemorate FTSE4Good Index is a leading indicator used by investors the five-year project was attended by Chief Minister N. who value corporate social responsibility and sustainability. Chandrababu Naidu. The foundation’s Smart Village Project Ceremony commemorating the start of the Smart Village Project noteworthy and led to this 13th consecutive recognition. the sanitary and living conditions of about 8,000 people NYK also has been selected for a number of other SRI across eight poor rural communities in Andhra Pradesh. indexes, including the Dow Jones Sustainability Asia /Pacific One of the primary aims of the project is to secure urgently Index (USA). A good corporate citizen, NYK will continue to needed clean drinking water and install hygienic toilets and take an active role in social issues, including conservation other sanitary facilities in the target villages with the ultimate of the environment, to contribute to the achievement of a aim of helping them to meet the guidelines of India’s Model better global society. Village Scheme.2 ■ http://www.nyk.com/english/release/3710/004036.html Note 2: Launched by Prime Minister Narendra Modi in October 2014. Under the scheme, the projects are required to set practical targets for improving physical and institutional infrastructure in terms of hygiene and livelihoods. The scheme aims to provide comprehensive support for communities as they draw on the lessons learnt from the model villages for their own development. A scene in Andhra Pradesh ■ http://www.mitsubishicorp.com/jp/en/pr/archive/2015/ html/0000028345.html Congratula tions! NYK’s environmental activities were seen as particularly is aimed at providing comprehensive support for improving Note 1: Established in Chennai in May 1988 to support agricultural development and the improvement of livelihoods in poor rural communities. 6 UK Note 1: Wholly owned subsidiary of the London Stock Exchange. Employed worldwide, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social, and Governance (ESG) practices. Note 2: Investing in companies engaged in ethical activities and confirmed through financial analyses to meet established investment standards. *Other Mitsubishi Public Affairs Committee member companies selected for the FTSE4Good Index in 2015: Kirin Holdings, Mitsubishi Chemical Holdings, Mitsubishi Estate, Mitsubishi Gas Chemical, Mitsubishi UFJ Financial Group, Mitsubishi UFJ Lease & Finance, Nikon, Tokio Marine Holdings. 7