-

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 Announces Consolidated Financial Results for the Third Quarter (First 9 Months) of Fiscal 2026

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today its consolidated financial results for the third quarter (first 9 months), ended December 31, 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 Q3 FY25 Q3 FY26 YoY Revenue 1,356.7 1,423.5 +66.7 105% Operating profit...

Mitsubishi Electric Completes Full Acquisition of Nozomi Networks

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today the completion of its acquisition of all outstanding shares of Nozomi Networks Inc., following the announcement on September 9, 2025 regarding its plan to make Nozomi a wholly-owned subsidiary. Overview of the Subsidiary Being Transferred Name Nozomi Networks Inc. Location Suite 3650, 575 Market St, San Francisco CA 94105 President & CEO Edgard Capdevielle Description of business Development and sales of O...

Mitsubishi Electric’s ME Innovation Fund Invests in Lucend, U.S. Startup Driving Data Center Operational Optimization

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its ME Innovation Fund has invested in Lucend, a U.S.-based startup that provides an AI platform to optimize data center operations. This is the fund’s fourteenth investment to date. The rapid advancement of digitalization, including the widespread adoption of generative AI, has accelerated capital investment in data centers worldwide. Meanwhile, data center operators are being increasingly required to en...
Back to Newsroom