-

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.

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

https://www.meis.co.jp/en/

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

https://www.marsh.com/jp/en/about/about-marsh.html

For the full text, please visit: www.MitsubishiElectric.com/news/

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/

Industry:

Mitsubishi Electric Corporation

TOKYO:6503
Release Versions
English

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/

More News From Mitsubishi Electric Corporation

Mitsubishi Electric Announces Status and Conclusion of Company Stock Repurchase

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today the conclusion of its repurchase of company stock, approved by the Board of Directors on April 28, 2025 pursuant to the provisions of Article 459, paragraph 1 of the Companies Act, as well as Article 31 of the company’s articles of incorporation, as shown below. 1. Type of shares: Common stock 2. Number of shares: 4,710,600 shares 3. Aggregate value: JPY 18,618,025,600 4. Period: October 1 to 30, 2025 5. Metho...

Mitsubishi Electric Announces Consolidated Financial Results for the Second Quarter (First Half) of Fiscal 2026

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today its consolidated financial results for the second quarter (first half), ended September 30, 2025, of the current fiscal year ending March 31, 2026 (fiscal 2026). The full document on Mitsubishi Electric’s financial results can be viewed at the following link: www.MitsubishiElectric.com/en/pr Consolidated Financial Results Billions of yen H1 FY25 H1 FY26 YoY Revenue 2,643.5 2,732.5 +88.9 103% Operating profit 1...

Mitsubishi Electric Hydronics & IT Cooling Systems Invests in South African Sales and Services Company

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its wholly owned subsidiary Mitsubishi Electric Hydronics & IT Cooling Systems S.p.A. (MEHITS), headquartered in Bassano, Italian Republic, has acquired a stake in Intramech Pty Ltd., a Republic of South Africa company specializing in sales and services for applied HVAC and IT cooling systems. By deepening its relationship with Intramech, a company with strengths in sales, service and engineering in s...
Back to Newsroom