Today, the subscription of 30 billion yen for this preferred share issuance was completed. The details of the issuance can be found below. Through this allocation, all non-borrowing related capital raising as laid out in the Mitsubishi Motors Revitalization Plan has been completed.
| Subscription amount: |
30 billion yen |
| Investor and amount invested: |
Mitsubishi Corporation, 30 billion yen |
| Number of shares: |
30,000 shares |
| Name of investor |
Mitsubishi Corporation |
| Share allocation |
4th series Class G preferred shares 30,000 shares |
| Subscription amount |
4th series Class G preferred shares 30 billion JPY |
| Details of the Investor |
| Head office |
6-3, Marunouchi, 2-chome, Chiyoda-ku, Tokyo, 100-8086, Japan |
| Representative |
Yorihiko Kojima, President |
Capital
(As of Sept. 30, 2005) |
190.071 billion JPY |
| Operations |
General trading company |
Leading shareholders
(As of Sept. 30, 2005) |
The Master Trust Bank of Japan, Ltd. (Trust account) - 8.07% |
| Japan Trustee Service Bank, Ltd. (Trust account) - 7.99% |
| Tokio Marine & Nichido Fire Insurance Co., Ltd. - 5.56% |
| Meiji Yasuda Life Insurance Company - 4.75% |
| Relationship with MMC |
| Capital Relationship |
Mitsubishi Corporation (MC)
shares held by MMC |
None |
MMC shares held by MC
(As of Sept, 30 2005) |
Common Shares:
571,065,000 (13.02%)
Preferred Shares:
Class A, 1st series: 40,000
Class G, 2nd series: 18,654 |
| Business Relationship |
Transactions related to
normal operations |
Domestic and global transactions (import, export) of vehicles, automotive parts and accessories |
Transactions outside of
normal operations |
None |
Personnel related
transactions |
MC's chairman serves on the MMC Board of Directors |
Agreement concerning the
holding of the shares |
If any of the shares in this issuance are transferred to another party within two years of the issuance date, by agreement MC shall inform MMC |
