Mitsubishi Electric Announces Name of Subsidiary That Will Integrate Building Systems Business Following Company Split
Mitsubishi Electric Corporation has officially named its new wholly-owned subsidiary as Mitsubishi Electric Building Techno-Service Co., Ltd. This new entity will integrate the company's building systems business, following a previously announced company split on October 18. Key details include a paid-in capital of 5,000 million yen and a business focus on elevators, escalators, building management systems, and air conditioning. The book closing date is set for March 31.
- Establishment of Mitsubishi Electric Building Techno-Service Co., Ltd. to enhance building systems integration.
- Paid-in capital set at 5,000 million yen, indicating financial backing for new operations.
- None.
Other than the company name being announced today, other previously announced details regarding the new company remain the same, as follow:
Status of Succeeding Company After Company Split |
|
(1) |
|
(2) Head Office |
To be determined |
(3) Representative |
To be determined |
(4) Summary of Business |
- Development, manufacture, sales, installation, maintenance, repair, etc., of elevators, escalators and building management systems - Sales, installation, maintenance and repair of refrigeration systems and air conditioners - Comprehensive building management, including monitoring and control of various building facilities, facility management, operation, and consulting |
(5) |
|
(6) Book Closing Date |
|
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