Mitsubishi Corporation is a Japan-based trading company. The New Industrial Finance segment involves in the asset management, buyout investment, leasing and financing of real estate and others. The Energy segment provides petroleum products, crude oil, liquefied natural gas and others. The Metal segment offers steel products, iron ore, non-ferrous metal products and others. The Machinery segment provides industrial machinery, automobiles and others. The Chemical segment provides petrochemicals, fertilizers, foodstuff, drugs and others. The Living Essentials segment provides distribution services, and conducts retail-related business. On August 19, 2013, M2 Communications reported that Mitsubishi Corp announced it had acquired from EDF Energies Nouvelles (EDF EN) 50% stakes in the companies. On November 15, 2013, the Company transferred 51% shares in a subsidiary, Japan Space Imaging Corporation, to Hitachi Ltd.