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4-Traders Homepage  >  Equities  >  Tokyo  >  Mitsui & Co Ltd    8031   JP3893600001

MITSUI & CO LTD (8031)
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Mitsui & Co Ltd : Completion of Share Exchange between Mitsui and MITSUI FOOD

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02/05/2013 | 08:11am CEST
Completion of Share Exchange between Mitsui and MITSUI FOOD

Feb. 5, 2013

Mitsui & Co., Ltd. ("Mitsui," Head office: Tokyo, President & CEO: Masami Iijima) completed a share exchange ("Share Exchange") with Mitsui as the wholly owning parent company and MITSUI FOOD CO., LTD. ("MITSUI FOOD") as the wholly owned subsidiary. MITSUI FOOD became Mitsui's wholly owned subsidiary effective February 5, 2013, in accordance with the share exchange agreement between Mitsui and MITSUI FOOD dated December 19, 2012.

The Share Exchange was executed through a short-form share exchange procedure under the provisions of Article 796, Paragraph 3 of the Companies Act, under which approval of the general shareholders' meeting of Mitsui is not required.



Notice:
This announcement contains forward-looking statements. These forward-looking statements are based on Mitsui's current assumptions, expectations and beliefs in light of the information currently possessed by it and involve known and unknown risks, uncertainties and other factors. Such risks, uncertainties and other factors may cause Mitsui's actual results, financial position or cash flows to be materially different from any future results, financial position or cash flows expressed or implied by these forward-looking statements. These risks, uncertainties and other factors referred to above include, but are not limited to, those contained in Mitsui's latest Annual Securities Report and Quarterly Securities Report, and Mitsui undertakes no obligation to publicly update or revise any forward-looking statements.
This announcement 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.

For inquiries on this matter, please contact

  • Mitsui & Co., Ltd.
    Investor Relations Division
    Telephone: +81-3-3285-7910
    Facsimile: +81-3-3285-9821

  • Mitsui & Co., Ltd.
    Corporate Communications Division
    Kayo Kobayashi
    Telephone: +81-3-3285-7618
    Facsimile: +81-3-3285-9819

The information contained in this news release is true and accurate at the time of publication; however, it may be subject to change without prior notice.

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Mean consensus OUTPERFORM
Number of Analysts 10
Average target price 2 002  JPY
Spread / Average Target 4,4%
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Managers
NameTitle
Tatsuo Yasunaga President, CEO & Representative Director
Masami Iijima Chairman
Takakazu Uchida CFO & Managing Executive Officer
Satoshi Tanaka Representative Director & Executive Vice President
Toshiro Mutoh Independent Outside Director
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