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The Mitsubishi Group’s
members, many affiliated and wholly owned subsidiary companies, strategically
represent a diversified business matrix. Each member within the Group operates
with autonomy, while displaying its own characteristics and sharing historical
background and management philosophies. The common philosophies are the Three
Principles.
The Three Principles are the management philosophies created by the fourth president,
Koyata Iwasaki and are considered to be “Mitsubishi’s DNA,” inherited
like an unbroken yarn of traditions. Backed by these philosophies, the members
of the Group continue to look to the future,while actively and openly pursuing
their respective operations. |
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| “Shoji
Komei”= Integrity and Fairness |
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Maintain principles of transparency
and openness,
conducting business with integrity and fairness. |
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| ‘President Koyata was known
to have repeatedly cautioned Mitsubishi managers against focusing blindly on
profits and losing sight of the Group’s adherence to a high standard of
ethical behavior amid unprecedented competition, urging them to respond to competitors’ unscrupulous
business practices with integrity and forbearance. He reminded them often of
the importance of meeting the expectations of their customers and the public
by exhibiting high ethical conduct in all their transactions. He was also well
known for his observance of cultural differences around the world and the local
customs of the communities in which Mitsubishi conducted business.’ |
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| “Ritsugyo
Boeki”= International Understanding through Trade |
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| Expand business, based on an all-encompassing
global perspective. |
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| ‘At the outbreak of
the Pacific War, President Koyata made a bold statement about the friendship
between international business partners now separated by war: “We count
many British and Americans among our partners. They have undertaken many projects
with us and so should peace come again, they will once again become good and
faithful friends.h |
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