Mitsubishi Public Affairs Committee


Offshore wind power generation

Mitsubishi Corporation(MC) has reached a capital participation agreement with ElectroRoute, an Irish firm specializing in international trading in power and related products. MC will acquire a 60% stake in ElectroRoute through Diamond Generating Europe, its wholly owned U.K. subsidiary, which is already a player in the power business in Europe and the Middle East. ElectroRoute has grown rapidly from a start-up in 2011, and with a presence in eight European countries trades energy 24 hours a day across the entire spectrum, including spot trading, futures trading, cross-border trading and green certificates trading. It also provides managed trading services to energy assets, giving them ready access to pan-European markets. ElectroRoutefs management has proven expertise in the power trading market and has grown its business as an independent company. Leveraging MCfs global network, ElectroRoute is looking to expand its trading and service provider business internationally.

Press conference in New York

The Brooklyn Brewery head office

Kirin Brewery (Kirin) acquired new stock issued by the Brooklyn Brewery Corporation (Brooklyn Brewery) in October last year, giving it a stake of around 25% in a New York-based company. The two companies will soon start the Brooklyn brand business through a newly established joint venture in Japan, with Kirin making a 60% and Brooklyn Brewery a 40% investment.
     A restaurant business will also start in Japan in the future. In addition to the collaboration, Kirin will provide technical assistance in the construction of a new, bigger brewery in New York and a Navy Yard small brewery and beer restaurant by Brooklyn, and the two companies hope to expand the collaboration to Brazil. Brooklyn Brewery was established in New York in 1988 and, pushing the image of Brooklyn as a New York borough famous for its food and art, is now very popular among the younger generation for the individual taste of its beers. It is Americafs leading exporter of craft beer.

High-performance large tow carbon fiber

Mitsubishi Rayon(MRC) and Fiberline Composites A/S (head office: Middelfart, Denmark) established a new joint venture in Denmark in October 2016 for the manufacture and sale of composite laminates used in wind turbine blades. Fiberline is a manufacturer of pultrusion products, which allow the fabrication of large wind turbine blades and other composite components. The joint venture will combine MRCfs high-performance large-tow carbon fiber expertise and Fiberlinefs molding and processing technologies in producing lightweight and price competitive carbon fiber components for wind turbines.

Tokio Marine and Nichido Fire Insurance (TMNF) will help prepare homeowners in Japan for natural disasters by distributing personalized videos that provide information on risks in the event of a typhoon or torrential rain as well as details of the compensation coverage provided under their insurance policy.
     Personalized video is a state-of-the-art technology that delivers video stories tailored to individual policyholder profiles. Making a one-on-one service possible, this provides the opportunity for the policyholder to review the details of their coverage. Further, by alerting policyholders to the danger of an approaching typhoon, TMNF is able to deliver comforting reassurance in advance.
     TMNF is looking to further enhance its product performance, including making various services accessible using smartphone applications.

Artistfs impression showing scenes from the personalized video titled gAre you best prepared for typhoons or torrential rain?h The pictures explain what actions should be taken in the event of a disaster warning for typhoon or torrential rain.
The video also shows policyholderfs insurance details, contact details in the event of a disaster, and contact details for inquiries about their insurance cover.