MBK Real Estate LLC (“MRE”), a wholly owned subsidiary of Mitsui & Co., Ltd. (“Mitsui,” head office: Tokyo, President and CEO: Kenichi Hori), conducted a capital increase in its wholly owned subsidiaries: MBK Homes LLC (“MH”) and MBK Rental Living LLC (“MRL”), on October 6, 2023. As a result, MH and MRL met the criteria to become designated as specified subsidiaries*1 of Mitsui, as the capital of each company became 10% or more of Mitsui’s capital. However, it has been discovered that a disclosure in accordance with this had not been made.
Below are the details regarding the changes to the specified subsidiaries. Mitsui sincerely apologizes for the delay in disclosure.