Mitsubishi Corporation (MC) is pleased to announce the establishment and initial closing of the Marunouchi Capital Fund III (Fund III), which is managed by MC’s wholly owned subsidiary, Marunouchi Capital Inc. (Marunouchi Capital). Fund III, which received 40.2 billion yen investment commitment from investors, will make buyout investments primarily in Japanese companies. Marunouchi Capital plans to raise new investment through additional rounds of funding and increase Fund III to around 100 billion yen.

 

Marunouchi Capital is a corporate-investment fund manager that specializes in business successions, carve-out deals from large companies and other solutions that are equally dedicated to strengthening the long-term competitiveness of its portfolio companies. It also adds unique value to its funds by leveraging MC’s credibility and business network.

 

Its first two funds were launched in 2008 (Fund I) and 2016 (Fund II). The former’s investments include the premium supermarket chain SEIJO ISHII and the DIY-store-management firm Joyful Honda, while the latter’s include IM FoodStyle, which manages the premium supermarket chain Queen’s Isetan, and TOSEI, which manufactures commercial cleaning equipment and vacuum-packaging machines. Both funds have enhanced enterprise value of respective portfolio companies and achieved strong track records.   

 

Due to management related challenges caused by a lack of successors, impacts from the Covid-19 pandemic and other factors, demand for business successions remains high in Japan. In recent years, there has also been a rise in the number of divestments of non-core businesses and subsidiaries from listed-companies. Through Fund III, Marunouchi Capital plans to leverage both the expertise gained through its first two funds and MC’s comprehensive strength to assist economic growth in Japan by boosting the value of its portfolio companies and stimulating industry.    

 

【About Marunouchi Capital】

*Marunouchi Capital Fund I was managed by the predecessor management company Marunouchi Capital Co., Ltd.

**This press release has been prepared solely for the purpose of disclosing the business activities of MC and Marunouchi Capital. It is intended neither to solicit investment in the funds mentioned nor purchase or solicit offers for interests in any other securities or funds, whether held in Japan or elsewhere.   

 

【About Marunouchi Capital Fund III Limited Partnership】

 

【Investment Scheme】

 

Reference:

1.About Mitsubishi Corporation

Head Office                                :2-3-1 Marunouchi, Chiyoda-ku, Tokyo, Japan

Main Operations                         :MC engages in a wide range of businesses spanning multiple industries and overseen by its Industry DX Group, Next-Generation Energy Business Group and 10 Business Groups: Natural Gas, Industrial Materials, Chemicals Solution, Mineral Resources, Industrial Infrastructure, Automotive & Mobility, Food Industry, Consumer Industry, Power Solution, and Urban Development.

Representative                           : Katsuya Nakanishi, Representative Director, President and Chief Executive Officer

Date Established                         : July 1, 1954 (Date Registered April 1, 1950)

 

2.About Marunochi Capital

Headquarters                              : Kokusai Building 6F, 3-1-1 Marunouchi, Chiyoda-ku, Tokyo 100-0005, Japan

Main Operations                         : Investment and asset management, investment advisory services

Representative                           : Masanobu Fujita, President & CEO

Year of Establishment                 : 2015

 

 

 

Based on the Three Corporate Principles, which serve as MC’s core philosophy, MC has continued to grow together with society by contributing to the sustainable development of society through its business activities while pursuing value creation. MC’s revised “Materiality” was announced in Midterm Corporate Strategy 2024 as a set of crucial societal issues that MC will prioritize through its business activities, towards the strategy’s goal of continuous creation of MC Shared Value (MCSV). Guided by this Materiality, MC will continue to strengthen its efforts towards sustainable corporate growth. Out of the six material issues relating to “Realizing a Carbon Neutral Society and Striving to Enrich Society Both Materially and Spiritually”, this project’s activities particularly support “Addressing Regional Issues and Growing Together with Local Communities”.