Mitsubishi Estate Co., Ltd. (TSE:8802) is seeking M&A. Takashi Kagamoto General Manager of Investor Relations answered to a question during the Financial Results Conference Call for the Fiscal Year Ended March 31, 2021, “Naturally, not only investing in real estate, we would like to explore various M&A opportunities, including new businesses, in the long-term plan. In the past, as a part of sourcing, we had acquired shares in a company that has assets and acquired those assets. So we will continue to look for opportunities in M&A as a part of our sourcing process. Also, as we continue to expand various businesses in our long-term plan, including new businesses, we are looking for projects that match those directions. We would like to take the opportunity to acquire such items as well. I have also said before, when a company with a large number of employees is acquired through an M&A, it is necessary to clear various issues. I think we need to consider factors other than mere acquisition of assets. In any case, M&A is naturally included in the scope”.