Chinese Group Company Honored as Model Enterprise

Huizhou MMA Co., Ltd. (Head office: Huizhou, Guangdong; hereafter “HMC”), a Chinese Group company of Mitsubishi Rayon Co., Ltd. (hereafter “MRC”), was honored by the Guangdong Provincial People’s Government as the 2011 Guangdong Model Enterprise for Harmonious Labor Relationships for respecting the rights of its employees and working hard to build harmonious labor relationships.

A Model Enterprise for Harmonious Labor Relationships denotes a company in which harmony exists between the company, society and employees.

The key points covered by the honor are as follows.

1. Maintains employment regulations that protect employees’ rights and appropriate compensation and career advancement systems
2. Places high value on building a corporate culture through a variety of means including in-house newsletters, education system, language study, a family day activity, and social contribution activities
3. Provides a platform for open internal communication such as through regularly scheduled meetings with labor unions and interviews between top management and employees.
4. Continuously improves its system of safe production

Based on its management philosophy of “Best Quality for a Better Life,” the Mitsubishi Rayon Group promotes an environment in which employees can collaborate with partners throughout the world, reach their full potential, and achieve their own best quality of work.