Additional details about company split announced
TOKYO–(BUSINESS WIRE)–Mitsubishi Electric Corporation (TOKYO: 6503) announced today it has decided the name of its new subsidiary, Mitsubishi Electric Mobility Corporation, that has been formed as part of the planned spinoff of Mitsubishi Electric’s automotive-equipment business. The name had been undetermined at the time of the announcement “(Update on Disclosed Matter) Mitsubishi Electric to Transfer Automotive-equipment Business to New Subsidiary as Part of Restructuring†issued on October 31.
Item number below is consistent with the previous announcement on October 31, 2023, and newly announced information is underlined.
5. Status of Succeeding Company After Company Split
| (1) Name | Mitsubishi Electric Mobility Corporation |
| (2) Head Office | 7-3, Marunouchi 2-Chome, Chiyoda-ku, Tokyo |
| (3) Representative | To be determined |
| (4) Summary of Business |
|
| (5) Paid-in Capital | 10 billion yen |
| (6) Book Closing Date | March 31 |
For the full text, please visit: www.MitsubishiElectric.com/news/
Contacts
Media Inquiries
Takeyoshi Komatsu
Public Relations Division
Mitsubishi Electric Corporation
Tel: +81-3-3218-2346
prd.gnews@nk.MitsubishiElectric.co.jp
www.MitsubishiElectric.com/news/
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