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REG - Mitsubishi Corp. - Change in Statuses of MC Subsidiaries

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RNS Number : 1665Z  Mitsubishi Corporation  12 September 2025

Translation of report filed with the Tokyo Stock Exchange on September 12,
2025

 

Notification of Change in Statuses of MC Subsidiaries

 

Mitsubishi Corporation (MC) hereby announces the following change regarding
its subsidiary.

 

1. Reasons for Change

On September 10, 2025, we decided to establish MC Americas Resources, Inc.
(MCAR) under our US subsidiary, Mitsubishi Corporation (Americas) (MCA). With
investment from MCA, MCAR is expected to account for more than 10% of our
capital, and will become a specified subsidiary of our company.

 

2. Overview of the Specified Subsidiary

MC Americas Resources, Inc.

 (1)  Company Name                               MC Americas Resources
 (2)  Address                                    151 West 42nd Street, New York
 (3)  Names and Titles of Representative         Kenji Azuma, Director

Takao Uno, Director
 (4)  Summary of Business                        Mineral resources investment in North America
 (5)  Capital Stock                              US $600 million at maximum (88.2 billion yen*)**
 (6)  Date of Establishment                      Within September 2025 (Planned)
 (7)  Major Shareholders and Shareholding Ratio  Mitsubishi Corporation (Americas) 100.00%
 (8)  MC's Relationships                         Capital Relationship       100.00% owned by Mitsubishi Corporation (Americas), a wholly owned subsidiary
                                                                            of Mitsubishi Corporation
      Human Relationship                                                    None
      Trading Relationship                                                  None

*The applied foreign exchange rate is 146.92, TTM Rate as of August 29, 2025

**The investment will be made in multiple installments

 

3. Outlook

MC is expecting little impact on its business performance due to this change.

 

-End-

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