Hideo Egawa Appointed as Chairman/CEO of Mitsubishi Aircraft Corporation

Mitsubishi Aircraft Corporation has confirmed that current President Hideo Egawa will take up the positions of Chairman and Chief Executive Officer effective 1 January 2013.

Teruaki Kawai (currently, Senior Executive Vice President) succeeds Mr. Egawa as new President and Chief Operating Officer. Mr. Kawai will assume the positions on the same date.

Mitsubishi Aircraft Corporation commenced operation on April 1, 2008 to conduct the design, type certification, procurement, sales & marketing and customer support of the Mitsubishi Regional Jet (MRJ). The MRJ is a family of 70 to 90-seat next-generation regional jets.

Mitsubishi Aircraft Corporation is capitalized at 100 billion yen, with financing furnished by, among others, Mitsubishi Heavy Industries, Ltd., Toyota Motor Corporation, Mitsubishi Corporation, Sumitomo Corporation and Mitsui & Co., Ltd.

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