Financial News
Mitsubishi Electric Completes Sale of Insurance Subsidiary Shares to Marsh Japan
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.
About MEIS Insurance Services, Inc. |
|
Location |
Meiji Yasuda Seimei Building, 7th Floor, 2-1-1 Marunouchi Chiyoda-ku, Tokyo |
Established |
March 1999 |
Business |
Insurance agency for life, property and casualty |
Website |
|
Other |
Renamed from Mitsubishi Electric Insurance Service Co., Ltd. on November 4, 2025 |
About Marsh Japan, Inc. |
|
Location |
Midtown Tower, 9-7-1 Akasaka, Minato-ku, Tokyo |
Established |
December 1955 |
Business |
Insurance broker and risk advisor, etc. |
Website |
|
For the full text, please visit: www.MitsubishiElectric.com/news/
View source version on businesswire.com: https://www.businesswire.com/news/home/20251103345128/en/
Contacts
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
prd.gnews@nk.MitsubishiElectric.co.jp
www.MitsubishiElectric.com/en/pr/
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