Main

Japanese translation

Mitsubishi to Acquire Additional Shares of MOECO

Oct. 27, 2021

Main Contents

Mitsubishi & Co., Ltd. ("Mitsubishi", Head Office: Tokyo, President and CEO: Kenichi Hori) announced that on October 27, 2021, it was successfully awarded as a selected bidder in the Public Tender of Ministry of Economy, Trade and Industry (“METI”) of Japan, regarding Sale of its Mitsubishi Oil Exploration Co., Ltd. (“MOECO”) shares (20.03%). After acquisition of such shares, Mitsubishi will own 94.29% of MOECO shares. Details will be announced following coordination and confirmation with METI.

This announcement contains forward-looking statements. These forward-looking statements are based on Mitsubishi's current assumptions, expectations and beliefs in light of the information currently possessed by it and involve known and unknown risks, uncertainties and other factors. Such risks, uncertainties and other factors may cause Mitsubishi's actual results, financial position or cash flows to be materially different from any future results, financial position or cash flows expressed or implied by these forward-looking statements. These risks, uncertainties and other factors referred to above include, but are not limited to, those contained in Mitsubishi's latest Annual Securities Report and Semi-annual Securities Report, and Mitsubishi undertakes no obligation to publicly update or revise any forward-looking statements.
This announcement is published in order to publicly announce specific facts stated above, and does not constitute a solicitation of investments or any similar act inside or outside of Japan, regarding the shares, bonds or other securities issued by us.

The information contained in this release is true and accurate at the time of publication; however, it may be subject to change without prior notice.

Information

For inquiries on this matter, please contact

Mitsubishi & Co., Ltd. Investor Relations Division: Contact form

Mitsubishi & Co., Ltd. Corporate Communications Division Telephone: +81-80-5912-0321 Facsimile: +81-3-3285-9819: Contact form

MITSUBISHI & CO., LTD.

Main

Mitsubishi to Acquire Additional Shares of MOECO

Main Contents

Information

For inquiries on this matter, please contact

Related Pages