Vol. 2, Tab 12 - MEPPI - Statements and Certifications

The MBTA specification currently requires that the primary suppliers of subsystems delineated in Tab
1.1 to have the following information included in a Bidder’s Proposal. We request that you provide this
information to us so that it can be incorporated into our submittal. As noted in our cover letter, we are
requesting clarification from MBTA regarding the need for this material. We will advise you of their
response, but we must currently proceed as if it will be required. We request your return of this
information by January 31, 2014.
MEPPI Responses:
1. See the attached
2. MEPPI is wholly owned subsidiary of MELCO (Mitsubishi Electric Co., Japan). MELCO is publicly
traded company. Company website is: http://www.mitsubishielectric.com/index.html
3. Mr. Brian Heery, CEO (724) 778-3111; Mr. Masahiro (“Max”) Oya, Executive VP (724) 778-3114;
Mr. Bruce Hampton, Senior VP & CFO (724) 778-5150
4. No
5. No
6. No
7. Yes, see the enclosed letter for details
8. MARSH, James Kofmehl -Client Executive (213) 346-5725
9. PNC Bank, Pittsburgh PA 15265 (215) 749-6199; Meramec Electric Products, Co. Cuba, MO
(573)885-2521; A & L Precision Products, Murrysville PA 15668 (724) 733-4900
10. None
11. See response to #2. Financial statements are available on MELCO corporate website
12. Attached
The Commonwealth of Massachusetts
Secretary of the Commonwealth
State House, Boston, Massachusetts 02133
William Francis Galvin
Secretary of the
Commonwealth
Date: February 27, 2014
To Whom It May Concern :
I hereby certify that according to the records of this office,
MITSUBISHI ELECTRIC POWER PRODUCTS, INC.
a corporation organized under the laws of
DELAWARE
on September
November 30,
20, 2010
1985 was qualified to do business in this Commonwealth on
September03,
30,2014
2010 under the provisions of the General Laws, and I further certify that said
February
corporation is still qualified to do business in this Commonwealth.
I also certify that said corporation is not delinquent in the filing of any annual reports required to
date.
In testimony of which,
I have hereunto affixed the
Great Seal of the Commonwealth
on the date first above written.
Secretary of the Commonwealth
Certificate Number: 14026079110
Verify this Certificate at: http://corp.sec.state.ma.us/CorpWeb/Certificates/Verify.aspx
Processed by: tad
Financial Highlights
Performance for the year ended March 3 1 , 2013
Yen
(millions)
Years ended March 31
Net sales
Operating income2
Net income attributable to Mitsubishi Electric Corp.
Total assets
Interest-bearing debt
U.S. dollars
(thousands!
2012
2011
¥3,567,184
¥3,639,468
¥3,645,331
$37,948,766
152,095
225,444
233,761
1,618,032
69,517
112,063
124,525
739,543
3,410,410
3,391,651
3,332,679
36,280,957
540,572
542,291
484,352
5,750,765
1,300,070
1,132,465
1,050,340
13,830,532
Capital expenditures
150,425
159,346
107,638
1,600,266
R&D expenditures
172,222
169,686
151,779
1,832,149
Mitsubishi Electric Corp. shareholders' equity
Yen
U.S dollars
Per-Share Amounts
Net income attributable to Mitsubishi Electric Corp.
Basic
¥32.38
¥52.20
¥58.00
$0,344
11
12
12
0.117
Diluted3
Cash dividends declared
%
Statistical Information
Operating income ratio
4.3%
Return on equity (ROE)
5.7
10.3
12.4
15.9
16.0
14.5
Interest-bearing debt to total assets
6.2%
—
6.4%
See accompanying notes to consolidated financial statements.
1 The Company prepares consolidated financial statements with procedures, accounting terms, forms, and preparation that are in conformtty with accounting prinoples
generally accepted in the United States of America based on the rules and regulations applicable m Japan.
2 Operating income is presented as net sales less cost of sales, selling, general, administrative and R&D expenses, and loss on impairment of long-lived assets
3 Diluted net income per share attributable to Mitsubishi Electric Corp. is not included in the above figure as no dilutive securities existed
Net Sales Breakdown by Business Segment
Others
Net sales
14.5%
¥590,366 million
Energy and Electric Systems
Net sales
25.9%
¥1,058,177 million
Home Appliances 2 0 . 1 %
Net sales
¥821,298 million
Industrial Automation Systems 22.7%
Net sales
Electronic Devices
Net sales
4.0%
¥164,065 million
¥927,857 million
Information and
Communication Systems
Net sales
12.8%
¥522,422 million
MITSUBISHI ELECTRIC CORPORATION ANNUAL REPORT 2013
03
MITSUBISHI ELECTRIC POWER PRODUCTS, INC.
530 Keystone Drive
Warrendale, PA 15086-7538
PHONE: (724) 778-5111
FAX: (724) 778-5149
I.
Introduction
MEPPI is committed to the highest standards of business ethics and legal
compliance. This commitment encompasses our relationships with customers, suppliers
and competitors and with each other as employees at every organizational level.
It is the policy of MEPPI to require strict observance of and compliance with both the
letter and spirit of all laws governing the conduct of the company’s businesses. Laws
affecting the conduct of MEPPI have grown in number and complexity. However, our
employees are expected to have a general knowledge of the laws and regulations that
apply to their work. This policy also imposes on MEPPI employees a higher standard of
ethical conduct than mere compliance with the law. In all of their dealings with others,
MEPPI employees are required to exercise the highest degree of honesty and integrity.
This commitment and the responsibilities it entails are summarized in this policy. This
policy is not intended to address every legal compliance or ethical situation which may
confront employees. Employees are asked to read MEPPI’s Employee Handbook and
related policies for further details and information and to discuss any concerns they may
have with their supervisor, Human Resources, any member of the company’s Legal
Compliance Committee or the MEUS Legal Department.
Compliance with this policy and the company’s legal compliance program is mandatory,
including adherence to all records hold notices (see Records Retention section),
participation in scheduled legal training and providing required acknowledgements.
MEPPI requires employees to acknowledge annually that they have received and
reviewed this policy and that they understand and agree to abide by all aspects of the
policy and the company’s legal compliance program.
Employees are encouraged to share these values with third parties with whom the
company does business.
II.
Our Mission
As part of the Mitsubishi Electric global family of companies, we are committed to
advancing society through the supply of equipment and services that enable North
America’s electric, water, transportation, and communications infrastructures to grow and
to operate safely, reliably, and economically.
III.
Our Vision
We are committed--


IV.
To be the supplier that provides our customers the best total value in the changing
21st Century business environment
To be a good employer and corporate citizen of the communities in which we
reside and work
To be a profitable and growing part of Mitsubishi Electric’s global business
Our values
All of MEPPI’s policies, including this Code of Ethics, stem from our core values. As
our values bind us together as an organization, it is our intention to have our decisions
and actions demonstrate these values.

Quality. We are committed to quality. We will not be satisfied with past
successes, but will use them to build for the future. We will deliver excellence,
continuously improve and respond to change.

Customers. We are committed to customer satisfaction. We believe in putting
the customer’s needs first by promoting a customer-centered culture that
emphasizes outstanding service and commitment.

Integrity. We recognize that integrity is fundamental to our success. By acting
with integrity in all that we do, we strive to be personally accountable for high
standards of behavior in all aspects of our work.

MEPPI people. We value MEPPI people. We believe that our employees are
the source from which our ideas, actions and performance flow. The full
potential of our people is best realized in a diverse environment that breeds
respect, equality, fairness, self-fulfillment, teamwork and dedication to
excellence.

Community. We are committed to being socially responsible corporate
citizens. We encourage our employees to contribute their time and talent to
worthwhile civic and charitable projects and organizations.
No one, regardless of level or position, is ever authorized to commit or to ask an
employee or contractor to commit an illegal act or to violate this
policy. Employees may not engage in conduct or activities that may raise
questions as to MEPPI’ or any employee’s honesty, integrity or impartiality or
which could otherwise embarrass or damage the company’s reputation.