History of Mitsubishi

History;

The name "Mitsubishi" refers to the three diamond logo. "Mitsubishi," Mitsubishi is a combination of words (= three) and hishi (= water chestnut). The Japanese have long used the word for a diamond shape. Yataro Iwasaki, the founder of the old Mitsubishi organization, chose the three diamonds symbol of their corporate brand.

Around 1870, Yataro Iwasaki, founder of the company, hired three steamers, and with them create a transport company. In the following years the company is constantly expanding fleet of over 30 units, and the Mitsubishi a solid foundation for the modern shipbuilding industry. In addition to the shipping activities of Mitsubishi extended to several different industrial sectors, the first of which was the coal industry, which began in 1881 with the purchase of a coal mine Takashima. Another ship was launched in 1884 with the hiring of state-owned Nagasaki Shipyard. These two companies form the core of the new Mitsubishi.

Second president of the company, Yanosuke Iwasaki, Mitsubishi renamed to Mitsubishi Mail Steamship Company, dedicated to rebuilding the organization, focusing on two new businesses. Other presidents of the Iwasaki family has followed the example of his predecessors and restructured the organization of Mitsubishi, creating divisions in metal mining, coal mining, shipbuilding and engineering, banking, business and property.

Mitsubishi has developed a very large family business with over 70 companies. To coordinate the operation of his family and more companies, Mitsubishi Kyogikai ("Top Management Meeting") was established in 1937. Although this committee was an important forum, bringing together the true among the companies was the management philosophy is based on Mitsubishi's three pillars of business: corporate responsibility to society, integrity and justice, international understanding through trade.

Mitsubishi holding was dissolved in the policy of decentralization of economic power after the war. Several independent companies emerged, many still use the name "Mitsubishi" and "three diamonds" brand such as Mitsubishi Bank, Mitsubishi Motors, Mitsubishi Electric and last but not least. Although the companies maintain their autonomy and developed independently, benefiting from the shared sense of community from a common history and culture.

Mitsubishi Electric Corporation

Since the company now known as shipbuilding equipment manufacturing electrical Mitsubishi Heavy Industry for shipbuilding were separated in 1921, and then the creation of Mitsubishi Electric Corporation to start. Subsequently, Mitsubishi Electric became the world leader in developing, manufacturing and marketing of electrical and electronic equipment used in information processing systems and communications, space development and satellite communications, consumer electronics, industrial electronics technology, energy, transport and construction equipment.

Today, Mitsubishi Electric has made sales of R & D, manufacturing, and other activities in more than 110 locations around the world. Global operations allow us to accelerate cultural exchanges and mutual understanding, and the goal is to make a lasting contribution of people in communities around the world. We are involved in cultural and educational projects, and seek collaboration with local communities.

Mitsubishi Electric started business in Germany in 1978

In 1996, Mitsubishi Electric Europe BV was formed as a wholly owned subsidiary of Mitsubishi Electric Corporation and assumed all of Mitsubishi Electric's European sales and marketing. In this context, the German department was created to serve our German sales and marketing activities.