Mitsubishi Motors : Information Concerning Controlling Shareholders, etc.(104KB)

June 22, 2022

Name of company:	MITSUBISHI MOTORS CORPORATION
Representative:	Takao Kato
	Representative Executive Officer,
	President & CEO
	(7211 TSE Prime Market)
Contact:	Keiko Sasaki
	General Manager, IR Office
	(TEL．[phone])

Information Concerning Controlling Shareholders, etc.

Mitsubishi Motors Corporation ("MMC") announces the information concerning controlling shareholders, etc. with regard to Nissan Motor Co., Ltd. ("Nissan") and Mitsubishi Corporation ("MC"), which are other related companies of MMC, as follows:

• Names, etc. of the parent company, controlling shareholders (excluding the parent company) and other related companies or their parent companies

(As of March 31, 2022)

Percentage of voting rights held (%)

Financial instruments

Name

Relationship

Direct

Indirect

exchanges, etc. where

Total

issued share certificates,

ownership

ownership

etc. are listed

Nissan

Other related

First Section of the

Motor

34.02

0.00

34.02

company

Tokyo Stock Exchange

Co., Ltd.

Mitsubishi

Other related

First Section of the

Corporati

20.01

0.00

20.01

company

Tokyo Stock Exchange

on

• Position of the company within the corporate group of its parent company, etc. and other relationships between the company and its parent company, etc.
  Nissan is the largest shareholder of MMC with 34.02% of its voting rights, and MMC is an equity- method associate of Nissan.
  We have concluded a strategic alliance agreement with Nissan, and we will strive to increase our corporate value by pursuing synergies with Nissan in all of our business domains. In addition to mutual manufacturing and supply of products, MMC leases facilities, etc. to or from, and shares technological resources and exchanges personnel including executives with, Nissan.
  MC is a shareholder of MMC with 20.01% of its voting rights, and MMC is an equity-method associate of MC.
  We are committed to sustained enhancement of corporate value with MC at the forefront of the ongoing cooperation system of three Mitsubishi companies (MC, Mitsubishi Heavy Industries, Ltd. and MUFJ Bank, Ltd.) that have supported us in deepening our strategic alliance with Nissan.
  We believe that the independence of our management is assured because our Board of Directors and Executive Committee make their own management decisions and we execute our business activities based on such decisions.

• Transactions with controlling shareholders, etc.

(1) Transactions between MMC and related parties Parent company and major shareholders, etc.of MMC

For the current fiscal year (from April 1, 2021 to March 31, 2022)

			Capital		Percentage of			Amount		Year-end
				voting rights,				balance
Type	Name	Location	(Millions of	Business	Relation	Transactions	(Millions of	Account item
etc. holding	(Millions of
			yen)				yen)
				(held) (%)				yen)
									Electronically
									recorded	27,596
						Mutual sharing, etc. of			obligations -
				Production and		technological resources	Automobile		operating
Other	Nissan Motor	Yokohama-			and mutual sales of
		sales of	(Held)	products, etc.	parts	128,467
related	Co., Ltd.	shi,	605,814
	automobiles and	Direct 34.02	Concurrent positions of	purchasing	(*2)
company		Kanagawa
				corporate officers	(*1)		Notes and
				related businesses
						Leasing of facilities, etc.			accounts	16,071
								payable -
									trade

1. Transactions between the consolidated subsidiaries of MMC and related parties Parent company and major shareholders, etc.of MMC

For the current fiscal year (from April 1, 2021 to March 31, 2022)

			Capital		Percentage of			Amount		Year-end
				voting rights,				balance
Type	Name	Location	(Millions of	Business	Relation	Transactions	(Millions of	Account item
etc. holding	(Millions of
			yen)				yen)
				(held) (%)				yen)
Other						Purchase of raw materials	Purchase of		Notes and
					－	accounts
Mitsubishi	Chiyoda-ku,			(Held)
related	204,447	Wholesale trade	Concurrent positions of	raw materials	23,262
				payable -
Corporation	Tokyo	Direct 20.01		(*3)
company			corporate officers	(*1)	trade

(Notes)

(*1)Terms and conditions of transactions and a policy on determination thereof: Sales prices of products, etc. are determined after examination and negotiations considering market prices and total costs.

Purchase prices of products, etc. are determined after examination and negotiations considering estimated costs, prices of current products, etc., and market prices for each product, etc.

(*2) The amount of transactions does not include transactions with consolidated subsidiaries via Nissan, which were eliminated in the preparation of consolidated financial statements.

(*3) The amount of transactions does not include transactions with MMC via MC that were eliminated in the preparation of consolidated financial statements.