Mitsubishi Public Affairs Committee

Mitsubishi Monitor introduces some of the latest news about Mitsubishi companies as they play an active role on the world stage.

The All Mitsubishi Rugby Football Club (AMRFC) celebrates its 90th anniversary this year. To mark the occasion, AMRFC sent a team to tour the UK, the birthplace of the game, from March 17 to 24 with a view to experiencing and expanding its knowledge of British culture and customs and to further international ties. The team appeared live on the BBC on the days of their matches against Gloucester RFC, one of the UKfs leading teams, and Hartpury College. In their five-match tour, they also played against a joint Oxford/Cambridge university XV and a joint House of Commons/Lords XV. The team also visited Rugby School, well known for its many famous alumni, where it gave a presentation on the Mitsubishi companies. At a 90th anniversary party held at the Palace of Westminster on March 23, the team hosted 180 guests.

 


AMRFC match against Gloucester RFC, of which the Mitsubishi Group is a sponsor. The team shirt bears the Mitsubishi logo.


MUFG senior executives on the platform for the NYSE closing bell.

The Bank of Tokyo-Mitsubishi UFJ, a MUFG company, changed its name to MUFG Bank on April 1 this year. In an event designed to put a highly visible public stamp on the change of its stock ticker symbol from MTU to MUFG, senior executives of the bank climbed the Bell Podium and rang the closing bell at the New York Stock Exchange (NYSE) on April 20. MUFG Group CFO Muneaki Tokunari pounded the gavel while Masato Miyachi stated how much he wanted to make MUFG a global brand.



All the sounds used in the space were nature sounds recorded in the field and included birds chirping, babbling streams and the sound of waves.

AGC unveiled a new sound-generating glass at Milan Design Week 2018. The company invited upand- coming Japanese architect Motosuke Mandai as a creative partner to create the gsoundscapeh glassspace installation which allows visitors to experience auditory landscapes in new ways. Glass pieces scattered throughout the space emit different nature sounds to provide a multi-layered soundscape in which sounds are sensed differently depending on the location they are heard at. Also part of the exhibit were a Listening Room, which allowed visitors to fully experience the sound produced by the new sound-generating glass, and an Interior and Decorative Glass Room that introduced visitors to AGC interior and decorative glass products.


Mitsubishi UFJ Lease & Finance Company Limited (MUL) has entered the wind power business in Ireland. Having completed local regulatory procedures, the company acquired shares in Evalair Limited (headquartered in Cork, Ireland), an Irish wind energy company. It now indirectly owns 6.7% of Evalair shares. This is the first power business investment by MUL in any developed nation in Europe, where the introduction of renewable energy and electricity deregulation is accelerating. MUL made the acquisition amid fierce competition, being highly evaluated as a long-term partner for its timely, speedy and conscientious approach.

 


Wind power generation facilities in operation.

Mitsubishi Electric Corporation has delivered 69 elevators and 64 escalators, including 2 spiral escalators created with proprietary escalator technologies, 133 units in total, for the fourth phase of expansion at The Avenues, one of Kuwait's largest shopping malls with more than 800 stores. This is the largest order the company has delivered since it started elevator/escalator operations in Kuwait. The pair of unique spiral escalators lend an atmosphere of architectural elegance and sophistication to the large atrium of the mallfs gPrestigeh luxury-shopping district.

 


Spiral escalators in gPrestigeh luxury shopping district


Exterior of The Avenues


From left: Seiya Araki, president of Astomos, Seisuke Iwai, president of Eneos, and Fumio Murazeki, president of Tokyo Gas Liquid Holdings



Astomos Energy Corp, Eneos Globe Corp. and Tokyo Gas Liquid Holdings have signed an agreement aiming to build up a liquefied petroleum gas (LPG) logistics infrastructure. The tie-up among the three wholesalers will provide a public infrastructure platform that can be shared by the LP gas industry, and will contribute to the growth of LP gas logistics.
     As a step in the reform, the companies will look at business partnerships covering the sharing of gas cylinder filling terminals and distribution networks on a larger scale than at present, the use of IoT and AI to increase distribution efficiencies, joint response in emergencies (security), and the provision of a stable employment environment that allows work with peace of mind.


COOLSHOT PRO STABILIZED

Nikon Vision Co., Ltd., a subsidiary of Nikon Corporation, has launched a new golf laser rangefinder, COOLSHOT PRO STABILIZED, a further improvement of the COOLSHOT 80 series highly rated by golfers. The new model retains vibration reduction while realizing a smaller and lighter body. The brightness of the OLED display inside the finder adjusts automatically to the ambient light level, and measurement response time has been shortened to approximately 0.3 seconds, the fastest* of any Nikon golf laser rangefinder. These features make for stress-free and fast measurement of distances to the hole.


* As of May, 2018. Among Nikonfs portable laser rangefinders employing hyper read.

Tata Consultancy Services (TCS) has been named the fastest growing IT services brand in the world in an assessment done by Brand Finance, the worldfs leading brand valuation firm. According to the Brand Finance IT Services 15 annual report for 2018, TCS now has a total brand value of US $10.391 billion \ a growth of 14.4% from last yearfs $9.081 billion, with an increase of $1.309 billion. The new value is the fastest incremental growth of all companies in the industry, and places TCS in the top three most valuable brands in the global IT services sector, along with IBM and Accenture. This puts TCS in a unique group of businesses with a brand valuation over the $10 billion mark.