Mitsubishi Corporation Disaster Relief Foundation Supports Post-

Mitsubishi Corporation Disaster Relief Foundation Supports Post-Disaster
Expansion of Kesennuma Retailer 
Tokyo, Nov 28, 2013 - (JCN Newswire) -  Mitsubishi Corporation Disaster Relief
Foundation announces plans to provide 50 million yen to support the expansion
of local supermarket chain, Ekimae Store, located in Kesennuma City in
northeastern Japan. This contribution complements financing already being
provided by Kesennuma Shinkin Bank, a local credit union, and will assist
Ekimae Store to open "Kurie Miura", its new branch at Matsukawa, also
in Kesennuma. This forms part of the retailer's ongoing efforts towards
full recovery, following the devastation suffered during the March 2011 Great
East Japan Earthquake and tsunami. 
The new store, Kurie Miura at Matsukawa, will occupy about 1,800 square meter
of floor space inside the Matsukawa Mae Shopping Center, the biggest mall to
operate in Kesennuma since the disaster (total area about 28,000 square meter),
and is expected to employ some 60 persons. This new branch, together with
another already open in Hashikami, also in Kesennuma, brings Ekimae
Store's employment numbers to 140, a notable contribution to employment
generation in the region. The branch at Matsukawa is conveniently located along
Route 284, a major transit point between Kesennuma and Ichinoseki City in
neighboring Iwate Prefecture, which also means added convenience for users of
the thoroughfare. 
A leading supermarket in Kesennuma, Ekimae Store was established in 1973. Its
two branches at Hashikami and Matsuiwa employed around 140 people and provided
an array of products and services that sought to satisfy the needs of local
customers. However, the base of this stable enterprise was severely interrupted
as a result of the destruction brought about by the 2011 tsunami. Backed by the
Kesennuma Shinkin Bank and other sources of support, Ekimae Store was able to
reopen its Hashikami branch in September 2011, and now, with this additional
support from the Mitsubishi Corporation Disaster Relief Foundation, is able to
re-open a second branch, which puts the local retailer in a good position to
return to pre-disaster level performance. 
Nearly a thousand days have passed since the Great East Japan Earthquake, but
the Sanriku area of northeastern Japan, which suffered immense damage from the
tsunami, is still recovering from the disaster. The Mitsubishi Corporation
Disaster Relief Foundation will continue to collaborate with local financial
institutions such as Kesennuma Shinkin Bank as part of efforts aimed at
employment creation and economic recovery in areas affected by the disaster. 
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 
Mitsubishi Corporation
Tel: +81-3-3210-2171
Fax: +81-3-5252-7705 
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