Mitsubishi Electric to Transfer Insurance Subsidiary to Marsh Japan

Reuters

07/28

Mitsubishi Electric to Transfer Insurance Subsidiary to Marsh Japan

Mitsubishi Electric Corporation has announced a share transfer agreement to sell its subsidiary, Mitsubishi Electric Insurance Service Co., Ltd., to Marsh Japan, Inc. The transaction is set for November 4. Established in 1999 as an insurance agency for the Mitsubishi Electric Group, Mitsubishi Electric Insurance Service has been instrumental in supporting corporate growth and individual life plans. The decision to transfer the shares aligns with Mitsubishi Electric's strategic evaluation of its business portfolio, aiming to strengthen its overall business structure. Teaming up with Marsh Japan, a subsidiary of the global insurance broker Marsh LLC, positions the company for long-term growth in Japan's evolving insurance market. The financial impact of this transaction on Mitsubishi Electric's results for the fiscal year ending March 2026 is projected to be minor, with updates to follow if significant changes occur.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mitsubishi Electric Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250728217207) on July 28, 2025, and is solely responsible for the information contained therein.

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The transaction is set for November 4. Established in 1999 as an insurance agency for the Mitsubishi Electric Group, Mitsubishi Electric Insurance Service has been instrumental in supporting corporate growth and individual life plans. The decision to transfer the shares aligns with Mitsubishi Electric's strategic evaluation of its business portfolio, aiming to strengthen its overall business structure. Teaming up with Marsh Japan, a subsidiary of the global insurance broker Marsh LLC, positions the company for long-term growth in Japan's evolving insurance market. 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ID: 20250728217207) on July 28, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0170899867.USD","symbol_name":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250728:nNDL1ydr3L:1","article_id":"2554689726","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2554689726","pubTimestamp":1753687816,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Mitsubishi Electric Corporation has announced a share transfer agreement to sell its subsidiary, Mitsubishi Electric Insurance Service Co., Ltd., to Marsh Japan, Inc. 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The transaction is set for November 4. Established in 1999 as an insurance agency for the Mitsubishi Electric Group, Mitsubishi Electric Insurance Service has been instrumental in supporting corporate growth and individual life plans. The decision to transfer the shares aligns with Mitsubishi Electric's strategic evaluation of its business portfolio, aiming to strengthen its overall business structure. Teaming up with Marsh Japan, a subsidiary of the global insurance broker Marsh LLC, positions the company for long-term growth in Japan's evolving insurance market. The financial impact of this transaction on Mitsubishi Electric's results for the fiscal year ending March 2026 is projected to be minor, with updates to follow if significant changes occur.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mitsubishi Electric Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250728217207) on July 28, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}