-Mitsubishi Motors Corporation (MMC) today announced
the consolidation of five of its nationwide passenger car related affiliates
into one company: MMC Estec Co., Ltd. This latest move comes after MMC's
decision to transfer property management and catering operations in Japan
to leading specialist companies.
MMC Estec will take over the work currently done by five MMC group companies
and reorganize operations by next June to focus on areas related to passenger
car production such as construction and upkeep of buildings, and maintaining
power supply and manufacturing equipment. The new company will make MMC's
business structure simpler and allow the company to further concentrate
on its core businesses and related areas.
| Outline of MMC Estec Co., Ltd |
| Established: |
October 1, 2002 |
| President: |
Shuhei Inoue |
| Capital: |
100 million yen |
| Head Office: |
Nagoya, Japan |
| Employees: |
250 |
