Mitsubishi Electric Completes Sale of Insurance Subsidiary Shares to Marsh Japan

Core Viewpoint - Mitsubishi Electric Corporation has completed the sale of its subsidiary Mitsubishi Electric Insurance Service Co., Ltd. to Marsh Japan, Inc., marking a strategic shift in its business operations [1] Group 1: Transaction Details - The sale was initially announced on July 28 and is now effective immediately [1] - The former Mitsubishi Electric Insurance Service has been renamed MEIS Insurance Services, Inc. and is now a wholly owned subsidiary of Marsh Japan [1] Group 2: Financial Impact - The transaction's impact on Mitsubishi Electric's consolidated financials has not been detailed in the announcement [1]