Mitsui & Co. is pleased to announce that it has invested in WILLERS PTE. LTD., a Singapore based subsidiary of Japan's leading mobility solution provider WILLER, INC., through a third-party allotment of shares.
Focusing on the growing ASEAN region, WILLERS is pursuing the development and operation of MaaS (Mobility as a Service) platform systems and autonomous driving projects. WILLERS aims to improve the convenience and comfort of travel, while addressing pain points such as congestion, accidents, and environmental pollution.
Mitsui plans to create next-generation mobility services in the Asia-Pacific region by combining WILLERS' strengths in IoT and digital marketing with Mitsui's global network and business infrastructure.
Mobility is one of Mitsui's four growth areas. By providing new mobility services we aim to improve people's travel experiences and address changing social needs and environmental challenges.
Mitsui & Co. (8031: JP) is one of the largest and most prominent global trading and investment companies. Founded in Japan in 1947, the Group maintains a unique, unobstructed view of international markets through its worldwide network spanning across 66 countries, with a diversified business portfolio stretching across six key sectors.
Working in partnership with many of the world's most prominent private companies, Mitsui & Co.'s outstanding long-term performance is founded on its core business areas of Energy and Resources, Machinery & Infrastructure, and Chemicals. These strong and expanding legacy businesses provide a stable platform across bold and increasingly innovative areas of Mobility, Healthcare, Nutrition & Agriculture, and Retail & Services.
Mitsui & Co.'s success is also founded on its adaptable approach to partnerships, which offers it unparalleled insights into the world's broad economic drivers. These insights enable Mitsui leaders to identify trends and opportunities for growth while driving effective collaboration across its businesses to harness synergies and realize additional value.