Business
Mitsui : Notice Regarding Release from Our Affiliated Company, JA Mitsui Leasing, Ltd.
Mitsui : Notice Regarding Release from Our Affiliated Company, JA Mitsui Leasing,
About this update from Mitsui & Co.,ltd
JA Mitsui Leasing, Ltd. ("JAML"), an affiliated company of Mitsui & Co., Ltd. ("Mitsui", Head Office: Chiyoda-ku, Tokyo, President and CEO: Kenichi Hori), made an announcement today on its website regarding an allowance for doubtful accounts, related to Katsumi Global, LLC, which is a JAML group company. JAML has maintained a stable business platform. It is one of the important group companies of Mitsui and is expected to continue to achieve business growth going forward. Therefore, Mitsui is planning to provide necessary support in coordination with the Norinchukin Bank, and is constructively discussing JAML's capital reinforcement and business management improvement. As a shareholder of JAML, Mitsui will take the appropriate actions while closely watching the developments of the subject case.