REG - Mitsubishi Elect. - Statement re (Members of Investigative Committee)

Mitsubishi ElectricAnnouncement

26/07/2021 10:15

RNS Number : 4395G
  
Mitsubishi Electric Corporation
  
26 July 2021
  
 

 
 
 




FOR IMMEDIATE RELEASE


No. 3422




 


 




 


Media Inquiries




 


 




 


Public Relations Division




 


Mitsubishi Electric Corporation




 


 




 


prd.gnews@nk.MitsubishiElectric.co.jp




 


www.MitsubishiElectric.com/news/




 
Mitsubishi Electric Announces Members of Investigative Committee
 
TOKYO, July 26, 2021 - Mitsubishi Electric Corporation (TOKYO: 6503) announced today that in response to the discovery of certain inspection practices concerning HVAC (Heating, Ventilation and Air Conditioning systems) for railcars and other products for railcars manufactured at the company's Nagasaki Works (Togitsu-Cho, Nishisonogi-Gun, Nagasaki Prefecture), it has established an investigative committee consisting of external experts, as per the company's previous announcement Mitsubishi Electric Moves to Reform its Quality Culture on July 2.
 
The committee members (listed below) will now determine their specific investigative procedures and schedule. Mitsubishi Electric will fully cooperate with the investigation. 
 
Members of Investigative Committee
Chair:          Hiroshi Kimeda, Partner (Attorney-at-law), Nishimura & Asahi
Members:    Mitsuhiro Umezu, Professor, Keio University (specialty: business ethics)
                    Masahiko Munechika, Professor, Waseda University (specialty: quality management)
 
Purpose of Investigative Committee
Ÿ Investigate the facts surrounding certain inspection practices concerning HVAC (Heating, Ventilation and Air Conditioning systems) for railcars and other products for railcars, elucidate the causes and formulate recommendations for preventing any recurrence. 
Ÿ Also investigate the existence of any other inappropriate inspections concerning quality company-wide and, if found, elucidate the causes and formulate recommendations for preventing any recurrence.
Ÿ Investigate any related matter identified during the above investigations that are deemed relevant.
 
Future Actions
Mitsubishi Electric has asked the investigative committee to provide the results of its investigation and its proposals for measures to prevent recurrence by this coming September. In addition, the committee has been asked to carry out investigations across all company divisions simultaneously.
 
###
 
About Mitsubishi Electric Corporation 
With 100 years of experience in providing reliable, high-quality products, Mitsubishi Electric Corporation (TOKYO: 6503) is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation and building equipment. Mitsubishi Electric enriches society with technology in the spirit of its "Changes for the Better." The company recorded a revenue of 4,191.4 billion yen (U.S.$ 37.8 billion*) in the fiscal year ended March 31, 2021. For more information, please visit www.MitsubishiElectric.com
*U.S. dollar amounts are translated from yen at the rate of ¥111=U.S.$1, the approximate rate on the Tokyo Foreign Exchange Market on March 31, 2021

 
Attachment
Profiles of Investigative Committee Members
 




Committee Member


Hiroshi Kimeda




Affiliation


Partner, Nishimura & Asahi (attorney-at-law)




Profile


1993-2002
1997-1998
1998-1999
1999-2001
2001-2002
2002
2002
2005-2013


Public prosecutor
Special Investigation Department, Tokyo District Public Prosecutors Office
Visiting researcher, Notre Dame Law School
Criminal Affairs Bureau, Ministry of Justice 
Planning and Coordination Bureau, Financial Services Agency
Registered as attorney, Tokyo Bar Association
Admitted to Nishimura Law Office (now Nishimura & Asahi)
Visiting professor, Toin Yokohama Law School




 




Committee Member


Mitsuhiro Umezu, Ph.D.




Affiliation


Professor, Keio University (specializing in business ethics)




Profile


1985-1987
1986-1992
1987-1992
1992-2003
2003-2005 
2005-2007
2007-2020
2021-Present


Lecturer, University of Illinois, Chicago
Senior lecturer, Loyola University of Chicago
Lecturer, Northwestern University
Lecturer, International Center, Keio University
Lecturer, Faculty of Business and Commerce, Keio University
Assistant professor, Faculty of Business and Commerce, Keio University
Associate professor, Faculty of Business and Commerce, Keio University 
Professor, Faculty of Business and Commerce, Keio University




 




Committee Member


Masahiko Munechika, Dr.




Affiliation


Professor, Waseda University (specializing in quality management)




Profile


1987-1992
1992-1993
 
1993-1999
1999-Present


Assistant, Department of Reaction Chemistry, The University of Tokyo
Lecturer, School of Science and Engineering (now Faculty of Science and Engineering), Waseda University
Associate Professor, Faculty of Science and Engineering, Waseda University
Professor, Faculty of Science and Engineering, Waseda University




 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
STRGCGDRLGDDGBL