ABOUT US

Fact Sheet

Name Mitsubishi Corporation Plastics
Founded November 15, 1989  (Established:April 1, 1990)
President Yukio Hayasawa
Paid-in capital ¥647Million
Shareholder Mitsubishi Corporation 100%
Petroleum & Chemicals Solution Group
Consolidated subsidiary KIBIKASEI Co.,Ltd
Major investment destinations PALENET Co., Ltd.
Head office Marunouchi Trust Tower Main.,11F, 1-8-3 Marunouchi, Chiyoda-ku, Tokyo 100-8350, Japan
Employees Consolidated 270 Non-consolidated 210
Business Domestic sales and import/export of synthetic resin materials, products and related products Sales, rental and management of logistics equipment and materials, including plastic pallets, containers and racks Supplies for convenience stores and other retailers, and domestic sales and import/export of commodity products Sales, rental and import/export of injection molding machines, packaging equipment and related parts Planning, development and sales of intellectual property rights, engineered systems and other software Information processing services
Annual Sales ¥78.5 billion (Fiscal 2022) *
*From FY3/22, we have applied the Accounting Standard for Revenue Recognition (ASBJ Statement No. 29).

Directors and Officer

Member of the Board

PresidentYukio Hayasawa

ExecutiveDirectorsYukihiko Kawamoto

ExecutiveDirectorsHiroki Igarashi(Part‐time)

ExecutiveDirectordRikiya Sato(Part‐time)

Auditor

AuditorMuneomi Kurihara

AuditorYusuke Kurihara(Part-time)

Corporate Officers

Chief Executive OfficerYukio Hayasawa

Senior Executive OfficersYukihiko Kawamoto

Executive OfficersChoon-Jong Kim

Executive OfficersTomoaki Takemoto

Executive OfficersNaoki Kato

Organization Structure

CSR

Mitsubishi Corporation Plastics is always aware that we must be of worth to the wider community, and we constantly enhance our value to society by developing and expanding sound business activities. At the same time, we boost employee awareness of CSR and thoroughly enforce internal controls in order to establish a solid business infrastructure and contribute to society. We will make constant efforts to further improve our CSR action.

Corporate governance systems

As a wholly owned subsidiary of Mitsubishi Corporation, we recognize corporate governance as one of the most important management items. We make constant efforts to improve our corporate governance system, and make it even more effective, by enhancing our executive officer structure, creating internal control systems, and beefing up risk control management systems and compliance, since we see corporate management as the foundation to ensure sound, transparent and efficient management.

Internal control systems

As a wholly owned subsidiary of Mitsubishi Corporation, we create, maintain and utilize the stringent internal control systems indicated below, and make constant efforts for their further improvement.

Internal control systems are in place in the following three domains
Company-level control
Areas related to management infrastructure, including compliance, regulations, and organizations.
Business-level control:
Areas related to business processes such as transactions, settlement of accounts, and income and expenditure.
IT general/application control:
Areas related to systems and regulations that supervise the development, revision and use of all kinds of program, and oversee data security and IT infrastructure.

Compliance systems

Based on the spirit of Mitsubishi Corporation´s Three Corporate Principles and Corporate Standards of Conduct, our entire company engages with compliance so that Mitsubishi Corporation Plastics business activities are carried out in a lawful and impartial manner. With corporate compliance becoming increasingly important, we have formulated our Executive and Staff Code of Conduct and other internal regulations, as well as improving and strengthening our company structure, for example by adopting a compliance officer system. As a concrete strategy, we are setting up multiple routes for discussions, notifications and reports. Going forward, as one of the key policies to boost our corporate value, we will continue to improve and strengthen our corporate structure still further so that awareness of compliance becomes thoroughly entrenched and permeates as far as each and every employee.