Mitsubishi UFJ restructures US subsidiary for efficiency

Mitsubishi UFJ Lease & Finance Company Limited (TSE: 8593) announced today a restructuring of its North American operations to improve capital efficiency and competitiveness. The company will transfer all shares of its U.S. subsidiary, Mitsubishi HC Capital America, to MHC America Holdings, a wholly-owned subsidiary, making it a direct subsidiary of MHC America Holdings. The move, executed through a contribution in-kind, will enable leveraging a group loan provided by MHC America Holdings to fund group business. The scope of consolidation for Mitsubishi UFJ Lease & Finance will remain unchanged. The decision was made on March 4, 2025, with the transaction expected to close March 31, 2025, subject to regulatory approvals. The move will also not affect its earnings forecast for the fiscal year.