Mitsubishi Motors : Announcement Regarding the Candidate for Chairman of the Board
February 24, 2021 at 10:26 pm EST
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Tokyo, February 25 2021 - MITSUBISHI MOTORS CORPORATION (MMC) announces that the company's Board of Directors' meeting held today resolved nomination of the candidate for Chairman of the Board to be proposed at the Board of Directors meeting to be held after the Ordinary General Meeting of Shareholders (hereafter, the General Meeting) scheduled in June 2021.
1. Candidate for Chairman of the Board
Tomofumi Hiraku
* To be elected as the Chairman of the Board at the Board of Directors' meeting after the General Meeting, subject to the approval at the General Meeting.
Career:
2010
Joined IBM Japan as an Executive Advisor (to present)
2010
Retired METI
2009
Director-General, Manufacturing Industries Bureau, Ministry of Economy, Trade and Industry (METI)
2008
Director-General, Kansai Bureau, METI
2006
Director-General for Natural Resources and Energy Policy, Agency for Natural Resources and Energy, METI
2005
Director-General for Manufacturing Industries Policy, Manufacturing Industries Bureau, METI
2002
Director, Economic and Fiscal Management Bureau, Cabinet Office, Government of Japan
2001
Director, Policy Planning Division, Energy Conservation and Renewable Energy Department, Agency for Natural Resources and Energy, METI* (*Ministry of International Trade and Industry (MITI) was reorganized to METI in 2001)
2000
Director, Planning Division, Coal and New Energy Department, Agency for Natural Resources and Energy, MITI
1998
Director-General, General Coordination and Policy Planning Department, Kansai Bureau, MITI
1997
Director, Tariff Division, International Economic Affairs Department, International Trade Policy Bureau, MITI
1994
Consul, Consulate-General of Japan at Vancouver, Canada
Will chair the Board of Directors' meetings to improve MMC's whole governance by supervising execution of business. Will not serve as an executive officer.
About MITSUBISHI MOTORS
MITSUBISHI MOTORS CORPORATION is a global automobile company based in Tokyo, Japan, which has a competitive edge in SUVs and pickup trucks, electric and plug-in hybrid vehicles. The company launched the i-MiEV -the first mass-produced electric vehicle in 2009, which was followed by the OUTLANDER PHEV in 2013 -a plug-in hybrid market leader in Japan and Europe. Mitsubishi Motors has 30,000 employees and a global footprint with production facilities in Japan, Thailand, China, Indonesia, the Philippines and Russia. Models, such as the PAJERO SPORT/MONTERO SPORT, TRITON/L200, OUTLANDER, ASX/OUTLANDER SPORT/RVR and XPANDER play a major role in achieving its growth. The global sales volume in fiscal year 2019 was 1,127,000 units, and the net sales of Mitsubishi Motors for fiscal year 2019 was 2.27 trillion yen. Mitsubishi Motors is listed on the Tokyo Stock Exchange.
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Mitsubishi Motors Corporation published this content on 25 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 February 2021 03:25:07 UTC.
Mitsubishi Motors Corporation is one of the Japanese leaders of automotive construction. Net sales by activity break down as follows:
- sale of vehicles (98.3%): 937,000 vehicles (brands i-MiEV, Pajero Sport and RVR) sold in 2021/22 and broken down by country between Japan (75,000), Asia (331,000), Europe (131,000), North America (156,000) and other (244,000);
- financial services (1.7%): especially vehicle purchase financing services.
At the end of March 2022, the group had 29 production sites in the world.
Net sales break down geographically as follows: Japan (19.3%), Asia (23.7%), Europe (12.6%), North America (19.5%), Oceania (12.5%) and other (12.4%).
MITSUBISHI MOTORS CORPORATION 
