-

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/

Mitsubishi Electric Corporation

TOKYO:6503

Release Versions

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 Develops World’s First Technology to Use Microbubbles to Generate Millimeter-scale Flow in Channel

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has developed the world’s first technology to generate millimeter-scale flow within a channel by using microbubbles with a diameter of 10μm as the driving source. Developed through joint research with Suzuki & Namura Laboratory at Faculty of Engineering and Graduate School of Engineering, Kyoto University, this technology is expected to reduce power-consuming external pumps for water cooling in ele...

Mitsubishi Electric to Launch Two New XB Series HVIGBT Modules

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will launch new standard-isolation (6.0kVrms) and high-isolation (10.2kVrms) modules in its 4.5kV/1,200A XB Series of high-voltage insulated-gate bipolar transistors (HVIGBTs) on December 9. These new high-capacity power semiconductors achieve high moisture resistance for more efficient and reliable inverters used in large industrial equipment, such as railcars, operating in diverse environments includ...

Mitsubishi Electric Completes Acquisition of AG MELCO Elevator

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it has completed the acquisition of all shares of AG MELCO Elevator Co. L.L.C., an affiliated elevator company based in Dubai, Emirate of Dubai, United Arab Emirates, from Rawafed Almustaqbal Group L.L.C, a 100% subsidiary of Al Ghurair Investment L.L.C., making AG MELCO Elevator a wholly owned subsidiary. Mitsubishi Electric and its Tokyo-based subsidiary Mitsubishi Electric Building Solutions Corporatio...
Back to Newsroom