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Notice regarding establishment of Mitsui & Co. Retail Holdings

Jun. 15, 2020


Mitsui & Co., Ltd. ("Mitsui", Head Office: Tokyo, President and CEO: Tatsuo Yasunaga) has implemented the capital integration of four of its wholly owned subsidiaries (MITSUI FOODS CO.,LTD., Vendor Service Co., Ltd., RETAIL SYSTEM SERVICE CO., LTD., BUSSAN LOGISTICS SOLUTIONS CO., LTD.; all intermediary distributors of foods and daily necessities for retailers and food service operators, and the businesses they hold, under Mitsui & Co. Retail Holdings Co., Ltd. ("MRH", 100% Mitsui-owned), a new company that was established on June 1, 2020.

Through this integration, Mitsui will accelerate the cross-organizational utilization of knowledge and assets that had until now been separately held by each of these companies, working to achieve further refinement and sophistication of the functions cultivated in their business operations.

With rapid changes occurring in the economic and social environments of Japan and the rest of the world, companies are expected to face growing uncertainties. In the logistics intermediary field, under its policy of "providing speedier solutions to social issues through coordinated and flexible group initiatives", and with further integration of the businesses of MRH, Mitsui will take on the challenge of creating new value by engaging in consumer services and consumer logistics businesses using the digital technology that it is promoting in core Mitsui business operations.

There are no changes to the organizational and operational structure of the four companies resulting from the capital integration.

Official name Mitsui & Co. Retail Holdings Co., Ltd.
Head office 1-21-19 Toranomon, Minato-ku, Tokyo 105-0001
Date of establishment June 2020
President Isao Ueda
Business Activities Administration/management of Mitsui Foods, Vendor Service, RETAILSYSTEMSERVICE and Bussan Logistics Solutions
Capital 100 million yen
Official name MITSUI FOODS CO.,LTD.
Head office 2-7-2 Yaesu, Chuo-ku, Tokyo 104-8277
Date of establishment July 1928
President Shinichi Hagiwara
Business Activities Sale, import/export, manufacture of alcohol beverages, food products, pet food, pet supplies, feed, gardening supplies, fertilizers and medicines
Capital 12,031 million yen
Sales 820,240 million yen (consolidated)
Website

https://mitsuifoods.co.jp/

Official name Vendor Service Co., Ltd.
Head office 1-21-19 Toranomon, Minato-ku, Tokyo 105-0001
Date of establishment April 1989
President Hiroto Okazaki
Business Activities Distribution of food ingredients
Planning and distribution of food packaging materials
Distribution of synthetic resins
Capital 450 million yen
Sales 405,027 million yen
Website

https://www.vsk.co.jp/

Official name RETAILSYSTEMSERVICE Co., Ltd.
Head office 1-1-18 Toranomon,Minato-ku, Tokyo 105-0001
Date of establishment January. 1995
President Koki Nakasuji
Business Activities Sale of food, drinks, alcoholic beverages, domestic and imported goods
Gift, printing, retail and environment related business
Capital 350 million yen
Sales 188,168 million yen
Website

http://www.rss.co.jp/

Official name Bussan Logistics Solutions CO.,Ltd.
Head office 2-5-12, Kanda Surugadai, Chiyoda-ku, Tokyo 101-0062
Date of establishment December. 1987
President Toshifumi Kurioka
Business Activities Joint distribution center operation for retail stores
Storage/delivery of food ingredients, materials, products by temperature zone
Planning and proposal of logistics construction
Capital 60 million yen
Sales 57,933 million yen
Website

https://www.blsc.biz/


Mitsui & Co.'s Materiality

We have identified five material issues ("Materiality") for Mitsui & Co.'s sustainable growth. With the purpose to meet the expectations of our stakeholders and contribute in the creation of a future where the aspirations of the people can be fulfilled, we anticipate this particular business to contribute especially to the realization of "Secure sustainable supply of essential products" and "Enhance quality of life".

  • Secure sustainable supply of essential products
    Secure sustainable supply of essential products
  • Enhance quality of life
    Enhance quality of life
  • Create an eco-friendly society
    Create an eco-friendly society
  • Develop talent leading to value creation
    Develop talent leading to value creation
  • Build an organization with integrity
    Build an organization with integrity
Logos of the four companies affiliated with MRH.Logos of the four companies affiliated with MRH.