Mitsubishi Electric Completes Sale of Insurance Subsidiary Shares to Marsh Japan

TOKYO--(BUSINESS WIRE)-- Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has completed the sale of all shares of its subsidiary Mitsubishi Electric Insurance Service Co., Ltd. to Marsh Japan, Inc., as initially announced on July 28. Effective immediately, the former Mitsubishi Electric Insurance Service has become a wholly owned subsidiary of Marsh Japan and has been renamed MEIS Insurance Services, Inc.

The transaction’s impact on Mitsubishi Electric’s consolidated financial results is not included in the financial forecast for the fiscal year ending March 2026, which was announced on October 31, but it is expected to be minor. If there is any significant change, updates will be announced promptly as required.

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Customer Inquiries
Human Resources and General Affairs Division
Corporate Human Resources Group
Mitsubishi Electric Corporation
www.MitsubishiElectric.com/ssl/contact/company/form.html

Media Inquiries
Takeyoshi Komatsu
Public Relations Division
Mitsubishi Electric Corporation
Tel: +81-3-3218-2332
[email protected]
www.MitsubishiElectric.com/en/pr/

Source: Mitsubishi Electric Corporation

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