How Strong is the Mitsubishi Group?
1 Answers
Currently, the Mitsubishi conglomerate owns 8 Fortune Global 500 companies, namely Mitsubishi Corporation, JX Holdings, Mitsubishi UFJ Financial Group, Mitsubishi Electric, Mitsubishi Heavy Industries, Tokio Marine Nichido Fire Insurance, Meiji Yasuda Life Insurance, and Mitsubishi Chemical. These Fortune 500 companies span industries such as finance, insurance, general trading, semiconductors, heavy industry, and petrochemicals. Expansion: Mitsubishi Corporation has an extremely wide business scope, covering numerous fields including petroleum, machinery, metals, food, and chemicals. There are hardly any general trading groups of this scale domestically, while internationally, similar companies include Switzerland's Glencore and Singapore's Trafigura Group.