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PRESS RELEASE

Issuance of Mitsubishi Fuso
“Environmental and Social Report 2005”

November 16, 2005

Mitsubishi Fuso Truck and Bus Corporation (MFTBC) has issued “Environmental and Social Report 2005”. The publication provides information on the company’s environmental and social activities in Japan during the fiscal year 2004. This is the second issue published by Fuso.

The new issue includes “Social Report” with enhanced content on social activities. In addition, the report includes new sections to introduce the company’s efforts to comply with Automobile Recycling Law and to promote Eco Action 21.

   The name was revised from “Environmental Report” to “Environmental and Social Report”. Based on our corporate philosophy to give the highest priority to social responsibility, we introduce not only environmental issues but also the following topics on social activities.

  • Efforts to improve business ethics such as the establishments of “Compliance Charter“ and “Fuso Business Ethics Committee.”
  • Acquisition of ISO9001 certification as a part of quality improvement activities.
  • Promotion of “user-friendly products” such as “Rosa Chair-Deck Version“ with a lift for wheelchairs, etc.
  • Support activities for areas stricken by earthquakes and tsunami, such as truck donations.

   Progress report on “Environmental Sustainability Plan”
Fuso has been conducting environmental activities based on Environmental Sustainability Plan, which is the mid-term environmental plan published in June 2002, and the progress of such activities is as follows.
  • We have exhibited the “Canter HEV” light duty truck (*1) at the Tokyo Motor Show 2004.
    (*1) Canter HEV will be launched in spring 2006 with a clean diesel engine, parallel hybrid system, and an electronically controlled mechanical automatic transmission – the INOMAT-II – offering improved environmental performance and easy driving. As an integral part of DaimlerChrysler, Mitsubishi Fuso will be the competence center of HEV technology for light-duty vehicles.

  • We have achieved the target reduction rate of 20% for CO2 emission, which was 119,000 tons, reduction of 37.7% compared to FY1990.
  • With the enforcement of Automobile Recycling Law in January 2005, we have been recycling chlorofluorocarbons, air-bags, and ASR (automobile shredder residue) in compliance with the law.
  • 82% of our business partners have obtained either ISO14001 or Eco Action 21 certification (*2). We will continue to support them in achieving our target rate of “100%”.
    (*2) Environmental activity evaluation program created by the Ministry of the Environment in 1996 for medium and small size companies.

   For the environmental accounting, we have booked 2.8% of proceeds as “environmental protection costs.” Especially, 300 million yen was booked as establishment/operational expenses for the new system to comply with the Automobile Recycling Law.
In addition, the environmental protection effects and the economic benefits accompanying environmental protection measures were calculated to evaluate the effectiveness of environmental protection activities in numerical data.

   For topics, sections on “preparation for the Automobile Recycling Law” and “Efforts for Eco Action 21” were included to introduce various activities by employees. Furthermore, we have included “Environmental protection activities of overseas related companies (Mitsubishi Fuso Truck Europe-Sociedade Europeia de Automoveis, S.A., Mitsubishi Fuso Truck Thailand Co.,Ltd.)” as the first step to give examples on a global level.

   Mitsubishi Fuso is a member of “Team Minus 6%”, the national project for preventing global warming. We are educating our employees about prevention of global warming through intranet and in-house magazines in our efforts to reduce CO2 emission.

Mitsubishi Fuso Environmental and Social Report: URL
(Japanese page) http://www.mitsubishi-fuso.com/ECO/index.html
(English page) http://www.mitsubishi-fuso.com/ECO-E/report/index.html (Start: beginning of Dec.)

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