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Mitsubishi

Mitsubishi

Industry: 
Automotive
Value of USG Contracts: 
337
Symbol: 
TYO:7211
States: 
NY
Country: 
Japan
Sources: 

Website for Mitsubishi Motors in Tehran, Iran. (http://www.mitsubishico.com/)

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"Previously, 25 car brands were included in the list, such as South Korean brands (Kia and Hyundai), Chinese brands (SAIC motors), Italian brands (Fiat, Alpha Romeo), Japanese brands (Honda, Mitsubishi), German brands (ABT), and Swedish brands (Volvo)." (Azer News, "Iran bans imports of renowned car brands," 5/27/2013) 

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"Mitsubishi sells petroleum products, crude oil, carbon, liquefied natural gas, power and electrical systems, ships, and automobiles to Iran, among other things, according to its Web site."  From 2000-20009, the company was the recipient of $337.7 million US federal funds.  Their investments in Iran are currently active.  (The New York Times, "Profiting from Iran, and the US," 3/10/2010)

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Trading companies including Mitsui & Co., Marubeni, and Mitsubishi Corp. are lifting large quantities of products from Iran. (Chemical Week, Iran Aims to Overtake Saudi Arabia in Petchems; NPC Sale Advances, May 26, 2008)

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The Teacher Retirement System of Texas investment portfolio includes 19 companies that do business with Iran. The most familiar company names: Royal Dutch Shell, Mitsubishi Heavy Industry and Samsung Engineering. (San Antonio Express-News, TRS, ERS miss 30-day deadline to formulate Iran-divestment plan, November 18, 2007)

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Listed by U.S. Government as doing business in Iran. (U.S. Securities and Exchange Commission, List of Companies Doing Business With State Sponsors Of Terror, Removed from the internet in July of 2007)

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GIANTS WITH A FOOT IN TEHRAN: Total, Shell, Statoil, BNP Paribas, Commerzbank, MTN, UPS, Linde, Technip, Nokia, Ericsson, Peugeot, Renault, OMV, Societe Generale, ENI, Mitsubishi, Sumitomo, Siemens, LG, Samsung, Bosch, Valeo, Nestle, Unilever, BAT, Japan Tobacco. (The London Times, American pressure threatens UK firms, May 27, 2006)

Response: 

No response at this time.