Mitsui O.S.K. Lines' Daibiru increases investment in UK subsidiary

Mitsui O.S.K. Lines (TSE: 9104) announced that its consolidated subsidiary, Daibiru Corporation, will underwrite a capital increase in Daibiru UK Limited (DUK) to facilitate real estate investment in the United Kingdom. This investment will result in DUK becoming a specified subsidiary of Mitsui O.S.K. Lines. The capital increase will raise DUK's capital from GBP20,001 to a planned GBP168,420,001. The effective date for the capital increase is projected for early June 2025. Daibiru holds 100% ownership of DUK. The company anticipates the impact on its consolidated results for the fiscal year ending March 2026 will be minor.