Mitsubishi 2006 Annual Report Download - page 89

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87
MITSUBISHI MOTORS CORPORATION ANNUAL REPORT 2006
MAJOR CONSOLIDATED SUBSIDIARIES OUTSIDE JAPAN
Capitalization MMC Share of
Company Incorporated in (In millions) Business Lines Voting Rights (%)*
Mitsubishi Motors North America, Inc. (MMNA) U.S.A. USD 398.8 Automobile importing, manufacturing, sales 100.0
Mitsubishi Motors R&D of America, Inc. (MRDA) U.S.A. USD 2.0 Product development, design, testing, certification 100.0 (100.0)
Mitsubishi Motor Sales of Canada, Inc. (MMSCAN) Canada USD 1.3 Automobile importing, sales 100.0 (100.0)
Mitsubishi Motors Credit of America, Inc. (MMCA) U.S.A. USD 260.0 Automobile financing, leasing 100.0 (100.0)
Mitsubishi Motor Sales of Caribbean, Inc. (MMSC) Puerto Rico USD 47.5 Automobile importing, sales 100.0
Mitsubishi Motors Europe B.V. (MME) Netherlands EUR 1,282.9 Importing, sales of automobiles and parts 100.0
Mitsubishi Motor R&D of Europe GmbH (MRDE) Germany EUR 0.8 Product development, design, testing, certification 100.0 (100.0)
Mitsubishi Motor Sales Netherlands B.V. Netherlands EUR 6.8 Automobile importing, sales 100.0 (100.0)
Mitsubishi Motors Deutschland GmbH Germany EUR 30.0 Automobile importing, sales 100.0 (100.0)
Mitsubishi Motor Sales Sweden AB (MMSS) Sweden EUR 5.5 Automobile importing, sales 100.0 (100.0)
MMC Automoviles Espana S.A. Spain EUR 1.2 Automobile importing, sales 75.0 (75.0)
Mitsubishi Motors France S.A.S. France EUR 60.7 Automobile importing, sales 100.0 (100.0)
Mitsubishi Motors Belgium nv Belgium EUR 3.0 Automobile importing, sales 100.0 (100.0)
MME Vertriebsgesellshaft Schweiz AG Switzerland EUR 0.1 Automobile importing, sales 100.0 (100.0)
MMC International Finance (Netherlands) B.V. Netherlands EUR 0.1 Procurement of funds, group company financing 100.0
Netherlands Car B.V. (NedCar) Netherlands EUR 250.0 Manufacturing, sales of automobiles and parts 100.0 (15.0)
Mitsubishi Motors Australia, Ltd. (MMAL) Australia AUD 1,239.9 Automobile importing, assembly, sales 100.0
MMC Holding New Zealand Ltd. New Zealand NZD 48.0 Holding company 100.0
Mitsubishi Motors New Zealand Ltd. (MMNZ) New Zealand NZD 38.2 Automobile importing, sales 100.0 (100.0)
Mitsubishi Motors (Thailand) Co., Ltd. (MMTh) Thailand THB 7,000.0 Automobile importing, assembly, sales 99.8
MMTH Engine Co., Ltd. Thailand THB 20.0 Manufacturing of automobile engines 100.0 (100.0)
Mitsubishi Motors Philippines Corp. (MMPC) Philippines PHP 1,640.0 Automobile importing, assembly, sales 51.0
Asian Transmission Corp. (ATC) Philippines PHP 350.0 Manufacturing of automobile transmissions 84.7 (79.4)
Mitsubishi Motor Parts Sales of Gulf FZE UAE UAD 10.0 Importing, sales of automobile panels 100.0
Note: MMC has 27 other subsidiaries outside Japan in addition to the above.
EQUITY METHOD AFFILIATES IN JAPAN
Capitalization MMC Share of
Company (In millions of yen) Business Lines Voting Rights (%)*
Hakodate Mitsubishi Motors Sales Co., Ltd.*** 480 Automobile sales 16.9
Muroran Mitsubishi Motors Sales Co., Ltd. 100 Automobile sales 29.0 (29.0)
Tokachi Mitsubishi Motors Sales Co., Ltd. 60 Automobile sales 35.0
Morioka Mitsubishi Motors Sales Co., Ltd. 48 Automobile sales 21.5
Ibaraki Mitsubishi Motors Sales Co., Ltd. 30 Automobile sales 40.0
Meihoku Mitsubishi Motors Sales Co., Ltd. 70 Automobile sales 28.6
Mie Mitsubishi Motors Sales Co., Ltd. 58 Automobile sales 24.8
Kagawa Mitsubishi Motors Sales Co., Ltd. 50 Automobile sales 23.0
Miyazaki Mitsubishi Motors Sales Co., Ltd. 60 Automobile sales 38.8
Mitsubishi Automobile Credit-Lease Corporation 960 Auto sales financing, leasing, rentals 43.3
MAJOR EQUITY METHOD AFFILIATES OUTSIDE JAPAN
Capitalization MMC Share of
Company Incorporated in (In millions) Business Lines Voting Rights (%)*
MDC Power GmbH Germany EUR 0.5 Manufacture of automobile engines 50.0
Mitsubishi Motors do Portugal S.A. Portugal EUR 16.5 Importing, sales of automobiles 50.0 (50.0)
P.T. Mitsubishi Krama Yudha Motors & Manufacturing Indonesia IDR 11.5 Manufacture, sales of automobile parts 32.3
Vina Star Motors Corporation Vietnam USD 16.0 Manufacture and marketing of automobiles and parts 25.0
Note: MMC has 10 other equity method affiliates outside Japan in addition to the above.
OTHER ASSOCIATED COMPANIES
Capitalization Share of Voting Rights
Company (In millions of yen) Business Lines in MMC (%)* Relationship
Mitsubishi Heavy Industries, Ltd. 265,608 Shipbuilding & ocean systems development, power systems, 15.8 (0.5) Supplier of parts
machinery & steel structures, aerospace, mass and for MMC products
medium-lot manufactured machinery and others
*Figures in parentheses represent indirect shares.
** Although MMC’s equity holding is less than 50%, this affiliate is listed as a subsidiary because MMC exercises effective control over the company.
*** Although MMC’s equity holding is less than 20%, this company is listed as an affiliate because MMC exercises effective control over the company.
Consolidated Subsidiaries and Affiliates