MITSUBISHI ELECTRIC CORPORATIONPUBLIC RELATIONS DIVISION
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No. 3260

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Mitsubishi Electric to make follow-on investment in
Dynamic Map Platform Co., Ltd.
TOKYO, February 13, 2019 – Mitsubishi Electric Corporation (TOKYO: 6503) announced today its decision
to make a follow-on investment of JPY 2 billion to fuel new growth in Dynamic Map Platform Co., Ltd.
(“DMP”), a company which provides high definition 3D map data. This additional investment will be used tofund the acquisition of US-based Ushr Inc. (“Ushr”) by DMP, which acquisition is subject to customary closing
conditions pursuant to a definitive agreement between the parties, including receipt of regulatory approval,
and also to fund the growth of DMP’s North American operations. In addition to Mitsubishi Electric, INCJLtd., an existing shareholder of DMP, and Japan Infrastructure Initiative Company Limited, will also invest in
DMP during this round of funding.
Ushr is engaged in developing and providing high definition maps of roadways for autonomous driving, andits high definition 3D map data was first launched in General Motors’ Super CruiseTM, the auto industry’s firsttrue hands-free driving technology for the highway, and first to market in the US in the 2018 Cadillac CT6.
Following the completion of the acquisition, DMP looks forward to supporting the growth of the North
American autonomous vehicle market, which is forecasted to grow rapidly.
DMP was established in June 2016 to develop, test and manage the common foundation (“CooperativeDomain”) data for high definition 3D roadway maps, necessary for autonomous driving and ADAS. It iscurrently engaged in developing high definition 3D map data for Japan’s national expressways and limitedaccess roads.
Mitsubishi Electric believes introduction of high definition maps will have great significance for theautonomous and ADAS vehicle industry and it will also support the enhancement of the industry that
contribute to reducing traffic accidents and associated casualties, supporting the mobility impaired, andreducing environmental impact through alleviating traffic congestion. Other possible applications include
disaster prevention and mitigation, maintenance and management of social infrastructure, and i-Construction*,
which is the initiative for improvement in overall productivity of construction production systems.
*i-Construction
One of the 20 “Productivity Revolution Projects” being advanced by Japan’s Ministry of Land, Infrastructure, Transport and Tourism. It aims toimprove the productivity of entire construction production systems by introducing IT and communications technology into all work processes,
from surveying to design, construction, testing, and maintenance.

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About Dynamic Map Platform Co., Ltd.
Established: June 2016 (Launched operations in June 2017)
Headquarters: Minato Ward, Tokyo
Representative: Tsutomu Nakajima
Business overview: Research, development, creation and provision of high definition 3D map data
About Ushr Inc.
Established: December 2016
Headquarters: Michigan, USA
Representative: CEO and Director Bruce Gordon
Business overview: Development and sales of high definition maps for autonomous driving
About INCJ, Ltd.
Established: September 2018 (Via a company split from Innovation Network Corporation of Japan)
Headquarters: Chiyoda Ward, Tokyo
Representative: CEO Toshiyuki Shiga
COO Mikihide Katsumata
Business overview: INCJ was established as a limited-time public-private investment fund with risk-taking
functions that would have been impossible with private-sector funds, aiming at resolving
the structural issues of the Japanese industry.
About Japan Infrastructure Initiative Company Limited
Established: January 2017
Headquarters: Chiyoda Ward, Tokyo
Representative: President and CEO Naoki Nishida
Business overview: Investment in infrastructure businesses

About Mitsubishi Electric Corporation
With nearly 100 years of experience in providing reliable, high-quality products, Mitsubishi ElectricCorporation (TOKYO: 6503) is a recognized world leader in the manufacture, marketing and sales of electricaland electronic equipment used in information processing and communications, space development and satellite
communications, consumer electronics, industrial technology, energy, transportation and building equipment.
Embracing the spirit of its corporate statement, Changes for the Better, and its environmental statement, EcoChanges, Mitsubishi Electric endeavors to be a global, leading green company, enriching society withtechnology. The company recorded consolidated group sales of 4,444.4 billion yen (in accordance with IFRS;
US$ 41.9 billion*) in the fiscal year ended March 31, 2018. For more information visit:
www.MitsubishiElectric.com*At an exchange rate of 106 yen to the US dollar, the rate given by the Tokyo Foreign Exchange Market on
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