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.

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".