Mitsubishi Logisnext : ”Mitsubishi Logisnext Integrated Report 2022” has been posted.

Mitsubishi Logisnext Co., Ltd.

Mitsubishi Logisnext

Integrated Report 2022

Contents

Our Perspective on		Our Value Creation		Value Creation		The Foundation of		Corporate	01
Value Creation		Strategy		in Practice		Our Value Creation		Data

Mitsubishi Logisnext

Integrated Report 2022

Chapter. 1
Our Perspective on
Value Creation	01

1. Contents
2. Introduction
3. Our Value Creation Model
4. Advantage 1: Our Extensive Product Line
5. Advantage 2: Our Robust Technological Platform
6. Advantage 3: Our Global Network
7. Financial Highlights
8. Non-FinancialHighlights

Chapter. 3

Value Creation in

Practice ..............20

1. Special Feature I: Employing Advanced Technology to Enhance the Safety and Security of Logistics Equipment
2. Special Feature II: Meeting the Need for Labor-saving Innovations in the Field with Proprietary Automation Technologies
3. Special Feature III: Promoting Energy Efciency and Decarbonization with Environment-Friendly Products
4. Overview by Segment (Japan)
5. Overview by Segment (outside Japan)

Chapter. 2		Chapter. 4
Our Value Creation		The Foundation of
Strategy ..............09		Our Value Creation ..............27
10.	Message from the President		28.	Environmental Policy and Environmental Action
13.	Medium-term Management Plan			Guidelines
14.	Message from the CFO		30.	Environmental Initiatives
16.	Message from the CTO		34.	Social Initiatives
18.	Our Approach to Sustainability Management		40.	Governance Initiatives
			44.	Board of Directors
			46.	Messages from Our External Director
			48.	ESG Summary of Activities

Corporate Data

56

1. Five-yearFinancial Summary
2. Company Chronology

60. Corporate Prole

Introduction

Logistics evolution for a changing world

Our Perspective on		Our Value Creation		Value Creation		The Foundation of		Corporate	02
Value Creation		Strategy		in Practice		Our Value Creation		Data

As a comprehensive manufacturer of logistics equipment, we provide forklift trucks, logistics systems, and port cargo handling systems. We support the logistics industry around the world by providing our customers with optimal logistics solutions in both hardware and software form.

Principles

Corporate Philosophy

Moving the world forward as the leading provider of innovative logistics and material handling solutions

Management Policy

We always behave			We promise the safety of
ethically as a good	Safety	people and our products is the
corporate citizen. Compliance	foundation of our success.

			We preserve the global
	Environment	environment and contribute to
	ongoing development in local
			communities.
	We provide world-class
	quality - it is a mindset and
Quality	expectation that guides all
of our business processes

and customer interactions. Customers

		We respect the
		individuality, creativity,
		and initiative of all
		employees, and empower
Employees	them to deliver on our
promises to our customers
		and partners.

We form long-lasting partnerships with our customers by helping them solve their material handling challenges with our innovative products and services.

Technology

We apply leading edge technology to solve the next generation of logistics challenges.

ALESIS electric forklift

PLATTER Auto laser-guided AGF

ERSIS engine-powered forklift

Editorial Policy

The purpose of this report is to create opportunities for dialogue by communicating the Group's sustainable growth initiatives to a wide range of stakeholders.

Reporting Period

This report spans the period from April 1, 2021, to March 31, 2022.

• Some initiatives undertaken before and after this period are also reported.

Organizational Scope

This report covers Mitsubishi Logisnext Co., Ltd., but some articles make reference to other group companies.

Reference Guidelines

This publication adheres to the Integrated Reporting Framework of the Value Reporting Foundation.

Cautionary Note on Future Prospects

The plans, strategies, earnings forecasts, and other forward-looking statements described in this report are based on currently available information and involve risks and uncertainties.

Note that actual results may differ significantly from the company's forecasts due to changes in economic conditions, market trends, and other factors.

Our Value Creation Model		Our Perspective on		Our Value Creation		Value Creation		The Foundation of
	Value Creation		Strategy		in Practice		Our Value Creation

As a comprehensive manufacturer of logistics equipment, we create value for society by providing solutions in the global logistics market

Corporate 03 Data

Global Logistics Challenges

Building

1. sustainable logistics network

Small-lot,

segmented,

and accelerated delivery networks

Declining labor

pool in the

logistics industry

Inputs: Accumulated capital

Financial Capital

Total assets: 405.6 billion yen

Net assets: 63.7 billion yen

Human Capital

Number of employees (consolidated): 11,775

Intellectual Capital

Number of patents held In Japan: 942 Outside Japan: 293 R&D Expenditures 4.65 billion yen

Manufacturing Capital

Production bases In Japan: 6 plants Outside Japan: 8 plants in 6 countries

Social and

Related Capital

In Japan: More than 400 sales and service locations Outside Japan: Sold to more than 100 countries from 35 locations in 16 countries

Natural Capital

Water consumption (Kyoto, Shiga, and Azuchi Plants) 85,000 cubic meters

Advantages

1

A broad product

line combining

hardware & software

Page 4

2

A technical platform derived from multiple manufacturers of logistics equipment

Page 5

3

A global network to monitor local needs around the world

Page 6

Business Operations

FY2021-23Medium-term

Management Plan

Logisnext SolutionS

2023

Growth Strategy Page 13

With an integrated system encompassing upstream and downstream operations, we can respond to issues arising in the global logistics market in a timely and agile manner.

Design &	Production	Quality	Sales	Service
Development	Assurance

A Foundation for Sustainable Growth

Environmental/Social/Governance

(ESG)

• Reducing environmental impacts and improving the social environment for sustainability
• Relationship with society (Customers, business partners, employees, local communities, and shareholders)
• Corporate governance, compliance, and risk management

Page 27

Outputs

In Japan

Sales volume: 29,000 units

Net sales: 173.95 billion yen Operating Prot:

1.54 billion yen Operating Prot before amortization of goodwill, etc.: 6.36 billion yen

Page 24

Outside Japan

Sales volume: 74,000 units

Net sales: 291.45 billion yen Operating Prot:

2.06 billion yen Operating Prot before amortization of goodwill, etc.: 6.66 billion yen

Page 25

Natural Capital

CO2 emissions

(Kyoto, Shiga, and Azuchi Plants)

13,877 metric tons

Outcomes

"Moving the world forward as

the leading provider of innovative logistics and material handling solutions"

Reducing the burden on workers with safe and secure logistics equipment

Contributing

labor-saving solutions

through automation

technology

Contributing to energy efficiency and reduced CO2 emissions with environment-friendly products

Contributing to achievement of the SDGs through our business operations

Page 18

Advantage 1: Our Extensive Product Line		Our Perspective on
	Value Creation

A Product line supporting all aspects of logistics by combining hardware and software

Our Value Creation

Strategy

Value Creation

in Practice

The Foundation of Our Value Creation

Corporate 04 Data

Transportation

Storage

Management

We support the safe and efficient transportation of a variety of materials and products in and between various locations, including indoor environments such as warehouses and low-temperature storage, and outdoor environments such as ports and in-between factories.

PLATTER	ALESIS	Electric counter-balanced forklift	EDiA
reach-type forklift	electric counter-balanced forklift		electric counter-balanced forklift

We contribute to not only the space efficiency, but also the time efficiency through work process improvement, such as location management based on the frequency of warehouse utilization, and the automation of routine operations.

By real-time monitoring of various data including product storage and forklift operational status, we enhance operational efficiency and safety.

PREMiA	Pallet trucks	ERSIS	MR4531-3
pallet trucks		engine-powered forklift	reach Stacker

PLATTER Auto H type	Automated guided forklift	Mujin-car	Rubber-tired gantry crane
automated guided forklift		automated guided vehicle

LVS

CAS PACKforklift operation management system automated warehouse

L-SASService-based Troubleshooting System

Picker Ace order picker

ELEViA

lateral stacking truck