Mitsui & Co. Moscow LLC
About Us
History
Mitsui's activity in Russia & CIS | The evolution of the general trading company Mitsui & Co., Ltd. |
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In 1947, the company was established under its original name of Daiichi Bussan with a capitalization of 195,000 yen and 37 employees. In 1949 it was listed on the Tokyo Stock Exchange, and ten years later, the company integrated with other trading companies and changed its name to Mitsui & Co., Ltd. |
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In the era of high-speed economic growth through trade and capital liberalization, Mitsui & Co. aimed to secure a stable supply of foodstuffs, raw materials for industrial use, and energy resources such as oil and coal for the domestic economy by positively engaging in overseas mining development and import business. |
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Struck by oil shocks, Japan's economy recorded negative growth for the first time in the postwar era, as did many other national economies. Under these difficult conditions, the natural gas projects which Mitsui & Co. had promoted prior to the oil shocks increased in importance as alternative energy sources and for the decentralization of supply routes. |
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As securing resources and research and development of new technologies became prominent, Mitsui & Co. emphasized three fields during the 1980s as having top priority; energy field, machinery field, and the new industrial field. With strong prospects for high growth, the company focused especially on the new industrial field by investing human resources and capital and strengthening the development capability. |
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In the '90s, improvements took place in information infrastructure and the economy globalized drastically. Mitsui & Co. began participating in next-generation communication networks with computers and communications at their core, such as the communications satellite business and communications service business. |
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In the 21st century, "real integrative strength" is being demanded of corporations. Taking advantage of its ability to provide solutions nurtured through the company's considerable experience with IT, FT and LT, Mitsui & Co. has been able to display its own "integrative strengths" and seek out business opportunities in new areas. In the global economy, where the line between domestic and foreign has diminished, we will further improve our integrative strengths and pledge to give full play to our capabilities and continue our evolution. |