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04
International Understand-
ing through Trade
“Ritsugyo Boeki”
Expand business, based on an all-
encompassing global perspective.
Contents
On the Cover
Launched first in the North American
market in March 2007, the new
Lancer
is
based on the product concept of creating a
global sporty sedan that delivers high and
well-balanced levels of safety, comfort and
environmental performance. In August, this
model made its debut in Japan as the
Galant
Fortis
, and has been followed by succes-
sive roll-outs worldwide.
The new
Lancer
offers quality handling
and response, as well as the kind of driving
experience that defines the Mitsubishi
Motors brand. Its balanced, sophisticated
and sharp design immediately identifies it
as a Mitsubishi Motors sedan and expresses
a feeling of purposefulness and stability.
Forward-looking Statements
This annual report contains forward-looking
statements about Mitsubishi Motors
Corporation’s plans, strategies, beliefs and
performance. These forward-looking state-
ments are based on current expectations,
estimates, forecasts and projections about
the industries in which Mitsubishi Motors
Corporation (MMC) operates, as well as
management’s beliefs and assumptions.
These expectations, estimates, forecasts and
projections are subject to a number of risks
and uncertainties that may cause actual re-
sults to differ materially from those projected.
Mitsubishi Motors Corporation, therefore,
cautions readers not to place undue reliance
on forward-looking statements. Furthermore,
Mitsubishi Motors Corporation undertakes no
obligation to update any forward-looking
statements as a result of new information,
future events or other developments.
Corporate Responsibility to
Society “Shoki Hoko”
Strive to enrich society, both
materially and spiritually, while
contributing towards the preserva-
tion of the global environment.
Integrity and Fairness
“Shoji Komei”
Maintain principles of transparency
and openness, conducting business
with integrity and fairness.
Mitsubishi Group Philosophy—Three Corporate Principles
Mitsubishi Motors Corporate Philosophy _____________________ 1
Consolidated Financial Summary ___________________________ 2
Progress in the Mitsubishi Motors Revitalization Plan _________ 3
To Our Shareholders and Stakeholders ______________________ 4
Interview With President Osamu Masuko ____________________ 6
Progress in the First Two Years of
the Mitsubishi Motors Revitalization Plan _________________ 14
Product Development ____________________________________ 16
Technology Development _________________________________ 18
Regional Topics Japan ___________________________________ 20
North America ___________________________ 22
Europe__________________________________ 24
Asia, ASEAN and Other Regions ____________ 26
Quality ________________________________________________ 30
Corporate Governance ___________________________________ 32
Compliance ____________________________________________ 35
Report by Business Ethics Committee _____________________ 36
Environmental Activities _________________________________ 38
Motor Sports ___________________________________________ 40
Organization Structure ___________________________________ 41
Executives _____________________________________________ 42
Financial Section _______________________________________ 43
Consolidated Subsidiaries and Affiliates ____________________ 84
Investor Information _____________________________________ 86