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.

Mitsubishi Corporation has been awarded the contract to supply new rolling stock for Manila Light Rail Transit (LRT) Line-1 by the Department of Transportation of the Republic of the Philippines. LRT Line-1 is a 20-kilometer elevated metro line connecting north and south Metro Manila. The rolling stock to be supplied by MC will enhance the capacity of the LRT to accommodate increasing passenger numbers, and will contribute to reducing both traffic congestion and air pollution, which are particularly severe in Metro Manila.

NYK subsidiary International Car Operators N.V. (ICO), working with the Port of Zeebrugge and local electricity and gas supplier Engie Electrabel, will install wind turbines in the grounds of the finished-car logistics terminal owned and operated by ICO in Zeebrugge, Belgium. The turbines are planned to go into operation in mid-2019.

Wind turbines

Zeebrugge Port

Tokio Marine & Nichido Fire Insurance has signed an agreement with Farm Alliance to cooperate in promoting the revitalization of regional industry through agriculture. The agreement will see the two companies helping to improve the management quality of Japanese farmers by supporting them in the acquisition of GLOBALG.A.P. (Good Agricultural Practices) certification and in expanding their sales, exports included. They will also help agricultural high school students get GLOBALG. A.P. certification and learn high quality management skills.

Agricultural produce grown by Aomori Prefectural Goshogawara Agriculture and Forestry High School, the first agricultural high school in the world to gain GLOBALG.A.P. certification, and by Hokkaido Iwamizawa Agricultural High School, which Farm Alliance helped gain GLOBALG.A.P. certification, has been exported to Hong Kong through Farm Alliance retail distribution channels. Apples grown by Goshogawara High School and sweet potatoes grown by Iwamizawa High School have gone on sale at the City Super high-end supermarket in Hong Kong.

Halio smart-tinting glass

AGC Asahi Glass (AGC) and U.S. company Kinestral Technologies, Inc. have created three joint venture companies in North America, China and Europe that will sell, distribute, and service Halio smart-tinting glass to the global market. Halio is a next-generation smart-tinting glass system developed by Kinestral Technologies. Halio technology enables glass to tint, reducing glare and blocking unwanted solar heat and thereby improving occupant comfort while achieving the highest levels of energy efficiency.

A customer using WeChat Pay

WeChat Pay QR code

Managed and operated by Mitsubishi Jisho Retail Property Management, Aqua City Odaiba, a shopping mall on Odaiba, Tokyofs man-made island, has introduced the WeChat Pay mobile settlement system that allows users to pay for shopping, food and drink using WeChat, Chinafs most popular social media. This is the first time a Mitsubishi Estate Group company has introduced WeChat Pay at a retail facility. The WeChat Pay service allows users who have registered their bank account details to pay by simply swiping a QR code displayed on the screen of their smart phone over a code scanner in the store. The service currently has over 800 million users in China.

Code scanner installed in retail outlets

Ultimate spinning duration achieved through the collaboration of ultra precision and space quality (micro and macro)

A Real Spin Msf fidget spinner developed jointly by MinebeaMitsumi and Mitsubishi Precision has set a GUINNESS WORLD RECORDS title for the Longest duration spinning a fidget spinner on one finger. The 24 minute, 46.34 second record time was set on December 11, 2017. In making gReal Spin Msf,h MinebeaMitsumi was responsible for the bearing, wheel ring and holder nut, while Mitsubishi Precision took charge of design, assembly and testing.

Bloomberg New Energy Finance in January published its 2017 Clean Energy & Energy Smart Technology League Tables. Mitsubishi UFJ Financial Group (MUFG) placed number one in the Asset Financing Lead Arranger table, making it the sixth year in a row it has ranked in the top three. In 2017, MUFG financed 63 clean-energy and energysmart technology projects, totaling $4.3 billion in credits for a market share of 7.96%, according to Bloomberg. MUFG is working to promote the spread of renewable energy worldwide through the arrangement of project financing and the financing of solar, wind and geo-thermal power generation and other clean energy ventures.

The Tampa International Airport APM system is a new line connecting the main terminal building and a new rental car center.

Mitsubishi Heavy Industries Engineering (MHIENG), a part of Mitsubishi Heavy Industries Group, provided the core design and supplied 12 cars for a new Automated People Mover (APM) system at Tampa International Airport, Florida, U.S. MHIENG is the worldfs largest manufacturer of APM vehicles and is behind APM systems currently in operation in other parts of the U.S. and in some of the worldfs most iconic airports, such as those in Singapore, Hong Kong and Dubai. Seeking customer satisfaction throughout the whole process, from installation to operation and maintenance, MHIENGfs aim is always to build better relations with local communities.