12th Sep 2025 10:35
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, DirectorTakao 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.
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