Mitsubishi Corporation's HR Subsidiary to Set Up Regional Hub in Singapore

TOKYO, Mar 9, 2016 - (ACN Newswire) - Mitsubishi Corporation (MC; President and CEO: Ken Kobayashi) is pleased to announce that its wholly owned subsidiary, Human Link Corporation (HLC; President and CEO: Takatoshi Wako), will be opening its first overseas office in Singapore, to be registered locally as Human Link Asia Pte., Ltd. (HLA; Managing Director: Kenichiro Hama).

MC's global market strategy places emphasis on targeting Asian markets due to the region's impressive economic growth projections, and the number of MC's consolidated subsidiaries and affiliated companies across the Asia and Oceania region had grown to over 100 companies by March 2015. Another element of that strategy is aimed at promoting multi-localization in Asian markets, which in turn has created greater need for HR solutions such as the restructuring of HR systems and enhancing their capacity to adequately attract, train and retain competent staff.

HLC has been providing HR solutions and services to MC group and other companies in a range of industries for 20 years, specializing in the fields of HR development, consulting for HR management systems, and global HR solutions. Leveraging this abundant experience and know-how, the new office will provide timely professional HR support for business development initiatives as well as for mergers and acquisitions or strategic alliances made by MC group companies in the Asia and Oceania region.

The Asia and Oceania region has seen a notable increase in foreign investments in recent years as well as in mergers and acquisitions that involve overseas enterprises. This has led to a growing demand from companies, both within and outside the MC Group, for the services offered by HLC. HLA will therefore seek to provide these companies with HR solutions that respond adequately to the demands for successful operation in the Asia and Oceania region.

Company Outlines

HLC

Company Name:        Human Link Corporation
Established:         July 1996
Headquarters:        Tokyo, Japan
Business Activities: Providing HR solutions and services
Representative:      Takatoshi Wako, President & CEO

HLA

Company Name:        Human Link Asia Pte., Ltd.
Established:         March 2016
Headquarters:        Singapore
Business Activities: Providing HR solutions services
Representative:      Kenichiro Hama, Managing Director

About Mitsubishi Corporation

Mitsubishi Corporation (MC; TSE: 8058) is a global integrated business enterprise that develops and operates businesses across virtually every industry including industrial finance, energy, metals, machinery, chemicals, foods, and environmental business. MC's current activities are expanding far beyond its traditional trading operations as its diverse business ranges from natural resources development to investment in retail business, infrastructure, financial products and manufacturing of industrial goods. With over 200 bases of operations in approximately 80 countries worldwide and a network of over 500 group companies, MC employs a multinational workforce of nearly 60,000 people. For more information, please visit www.mitsubishicorp.com.

Source: Mitsubishi Corporation

Contact:

Mitsubishi Corporation
Telephone: +81 3 3210 2171 
Facsimile: +81 3 5252 7705

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