Source disclosure: February 25, 2026, 15:30 JST
MITSUI & CO.,LTD. [8031.T]
TOKYO, Feb 25 (Pulse News Wire) – Mitsui & CO.,LTD. (8031.T) decided today to dissolve its subsidiary MBWA Investment LLC, which was established on November 01, 2022.
MBWA Investment LLC, located in Delaware, USA, primarily invested in the chemical joint venture Blue Water Alliance JV LLP, jointly owned by Olin Corporation and MBWA in a 50-50 split. MBWA Investment LLC had a capital investment of ¥1 billion and reported net losses of ¥275 million, ¥646 million, and ¥87 million for fiscal years ending March 2023, 2024, and 2025, respectively. The decision to dissolve MBWA follows a strategic review conducted by Mitsui & Co. and Olin Corporation due to changes in the business environment. The dissolution process will proceed after necessary approvals from regulatory authorities. Mitsui & Co.
Expects the impact on its consolidated earnings for the fiscal year ending March 2026 to be minor.
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