# C_2023082EN.01000601.xml

| 6.3.2023 | EN | Official Journal of the European Union | C 82/6 |
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6.3.2023

EN

Official Journal of the European Union

C 82/6

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Prior notification of a concentration

(Case M.11045 – MITSUBISHI CORPORATION / MITSUBISHI HC CAPITAL / JV)

Candidate case for simplified procedure

(Text with EEA relevance)

(2023/C 82/04)

1.

This notification concerns the following undertakings:

| — | Mitsubishi Corporation (‘MC’, Japan), |
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Mitsubishi Corporation (‘MC’, Japan),

| — | Mitsubishi HC Capital INC (‘MHC’, Japan), |
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Mitsubishi HC Capital INC (‘MHC’, Japan),

| — | JV (Japan). |
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JV (Japan).

MC and MHC will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of JV.

The concentration is accomplished by way of purchase of shares in a newly created company constituting a joint venture.

2.

| — | MC is a trading company that develops and operates business worldwide across a variety of industries, including automotive and mobility, |
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MC is a trading company that develops and operates business worldwide across a variety of industries, including automotive and mobility,

| — | MHC provides, financial services, including finance lease, operating lease focused on asset values, auto lease, real estate leases, PFI business, factoring and environmental products and is active worldwide, |
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MHC provides, financial services, including finance lease, operating lease focused on asset values, auto lease, real estate leases, PFI business, factoring and environmental products and is active worldwide,

| — | JV will operate auto leasing, buying and selling, as well as vehicle management related services in Japan. It will combine the current activities of i) Mitsubishi HC Capital Auto Lease Corporation, currently solely controlled by MHC, and ii) Mitsubishi Auto Leasing Corporation, currently jointly controlled by MC and MHC. JV will have no activities in the EEA. |
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JV will operate auto leasing, buying and selling, as well as vehicle management related services in Japan. It will combine the current activities of i) Mitsubishi HC Capital Auto Lease Corporation, currently solely controlled by MHC, and ii) Mitsubishi Auto Leasing Corporation, currently jointly controlled by MC and MHC. JV will have no activities in the EEA.

3.

Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.

4.

Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:

M.11045 – MITSUBISHI CORPORATION / MITSUBISHI HC CAPITAL / JV

Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:

Email: COMP-MERGER-REGISTRY@ec.europa.eu

Fax +32 22964301

Postal address:

| European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

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(2)  OJ C 366, 14.12.2013, p. 5.

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