Partial Transfer of Mining-machinery Sales and Service Company in Mexico

LONDON--()--

This announcement is for our U.S.$5,000,000,000 Euro Medium Term Note Programme.

Mitsui & Co., Ltd. (“Mitsui”, Head Office: Tokyo, President & CEO: Tatsuo Yasunaga) has agreed with Komatsu Ltd. ("Komatsu"; Head Office: Tokyo; President: Tetsuji Ohashi) to transfer its 60% share of Road Machinery Co., S.A. de C.V. ("Road Mexico"), which is Mitsui’s wholly owned subsidiary owned through its U.S. subsidiary, to Komatsu’s subsidiary. Road Mexico is a mining machinery sales and service provider company based in Mexico. The share transfer agreement was concluded between the respective subsidiaries, and, subject to the approval of the relevant authorities on the share transfer, this transfer is scheduled to be executed around February 2016.

After completion of the transfer of the 60% share, Mitsui and Komatsu are considering unifying Road Mexico and Komatsu’s wholly owned subsidiary, Komatsu Maquinarias Mexico S.A. de C.V., which is Komatsu’s Mexico-based distributor of construction machinery. As a result, a diversified machinery distributor covering both mining and construction machinery will be established in Mexico. Through the utilization of the knowledge and expertise that Komatsu has accrued as a manufacturer, Mitsui and Komatsu aim to achieve further growth of sales and service of Komatsu mining and construction machinery in Mexico.

Outline of Road Mexico (after Komatsu investment)

Name of Company Road Machinery Co., S.A. de C.V.
Head Office Mexico City, The United Mexican States
Established 1991 (Mitsui investment: 2005)
Shareholders Komatsu’s subsidiary: 60.0%

Mitsui’s subsidiary: 40.0%

Business Activities Sales and maintenance services of Komatsu mining machinery

For further information, please contact:

Mitsui & Co., Ltd.

Investor Relations Division Tel: +81-3-3285-7910

Corporate Communications Division Tel: +81-3-3285-6645

Notice:

This announcement contains forward-looking statements. These forward-looking statements are based on Mitsui'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 Mitsui'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 Mitsui's latest Annual Securities Report and Quarterly Securities Report, and Mitsui 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.

For diagrams omitted, please see our home page.

(http://www.mitsui.com/jp/en/release/2015/1215109_6474.html)

Short Name: Mitsui & Co., Ltd.
Category Code: MSC
Sequence Number: 500573
Time of Receipt (offset from UTC): 20151215T063941+0000

Contacts

Mitsui & Co Ltd

Contacts

Mitsui & Co Ltd