For inquiries on this matter, please contact
- Mitsui & Co., Ltd.
Corporate Communications Division
Mitsui announced today that it has determined to acquire Mitsubishi Aircraft Corporation ("MJET")'s common shares to be newly issued by MJET on 30 May, 2008 in the following manner:
|No. of stocks acquired||500 stocks|
|Acquisition cost||J. Yen 5 billion|
|Acquisition schedule||May 30, 2008: 350 stocks
April 1, 2009: 150 stocks
Mitsui will utilize their expertise in and knowledge of aviation business around the world and contribute to MJET's operation from a mid/long-term standpoint.
This press release includes forward-looking statements about Mitsui. These forward-looking statements are based on the current assumptions and beliefs of Mitsui in light of the information currently available to it, and involve known and unknown risks, uncertainties and other factors. Such risks, uncertainties and other factors may cause Mitsui's actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements. The risks, uncertainties and other factors referred to above include, but are not limited to, those contained in Mitsui's latest annual report on Form 20-F, which has been filed with the U.S. Securities and Exchange Commission.
This press release 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.