Notification of Change in Statuses of MC Subsidiaries (to that of Specified Subsidiary)
Mitsubishi Corporation (MC) hereby announces the following change regarding its subsidiary.
1. Reasons for Change
The statuses of Diamond Digital Infrastructure, Inc. (“DDI”) and Diamond DC Rover, LLC (“DDCR”) will be changed to that of “specified subsidiary” due to the establishment and investment of DDI and DDCR. Mitsubishi Corporation (Americas), a 100.00% subsidiary of MC, established DDI and DDCR on 16 January, 2025.
2. Overviewof the Specified Subsidiary
① Diamond Digital Infrastructure,Inc.
| Company Name | Diamond Digital Infrastructure, Inc. | |
| Address | 850 New Burton Road, Suite 201, Dover, Delaware, 19904 | |
| Names and Titles of Representative | Hirotake Abe, CEO | |
| Summary of Business | Data center development and operation in the United States of America | |
| Capital Stock | Up to US ＄500 million (77 billion yen(*))** | |
| Date of Establishment | 16 January, 2025 | |
| Major Shareholders and Shareholding Ratio | Mitsubishi Corporation (Americas) 100.00% | |
| MC’s Relationships | Capital Relationship | 100% owned by Mitsubishi Corporation (Americas) |
| Human Relationship | None | |
| Trading Relationship | None | |
② Diamond DC Rover, LLC
| Company Name | Diamond DC Rover, LLC | |
| Address | 850 New Burton Road, Suite 201, Dover, Delaware, 19904 | |
| Names and Titles of Representative | Hirotake Abe, CEO | |
| Summary of Business | Data center development and operation in the United States of America | |
| Capital Stock | Up to US ＄500 million (77 billion yen)* | |
| Date of Establishment | 16 January, 2025 | |
| Major Shareholders and Shareholding Ratio | Diamond Digital Infrastructure, Inc. 100.00% | |
| MC’s Relationships | Capital Relationship | 100% owned by Diamond Digital Infrastructure, Inc. |
| Human Relationship | None | |
| Trading Relationship | None | |
*The applied foreign exchange rate is 1USD=154.07JPY (TTMRate as of February 5, 2025)
**Planned to invest in multiple installments
3. Outlook
MC is expecting little impact on its business performance in fiscal year 2024 due to this change.
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Inquiry Recipient
Mitsubishi CorporationTelephone:+81-3-3210-2171
