Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE  
Europese Commissie , DG COMP MERGER REGISTRY, 1049 Brussel,   BELGIË  
 
Tel: +32 229 -91111. Fax: +32 229 -64301. E -mail: COMP -MERGER -REGISTRY@ec.europa.eu . 
  EUROPEAN COMMISSION  
Brussels, 14.1.2022  
C(2022 ) 319 final  
PUBLIC VERSION  
Chubu Electric Power Miraiz  
Co., Inc. 
1, Higashi -shincho, Higashi -ku, 
Nagoya, Aichi 461 -8680  
Japan  
Mitsubishi Corporation  
3-1, Marunouchi 2-chome , Chiyoda -
ku, Tokyo 100-8086  
Japan  
Subject : Case M. 10542 - MITSUBISHI / CHUBU ELECTRIC POWER MIRAIZ / 
MCRE  
Commission decision pursuant to Article 6(1)(b) of Council Regulation 
(EC) No 139/20041 and Article 57 of the Agreement on the European 
Economic Area2  
Dear Sir or Madam,  
1. On 14 D ecember  2021 , the European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger Regulation by which the 
undertaking s  Mitsubishi Corporation (Japan)  and Chubu Electric Power Miraiz Co ., 
Inc. (“MZ”, Japan), belonging to the Chubu Electric Group, acquire  within the 
meaning of Article 3(1)(b) and 3(4)  of the Merger Regulation  joint control of MC 
Retail Energy  Co., Ltd.  (“MCRE”, Japan)  by way of  purchase of shares .3 
2. The business activities of the undertakings concerned are:  
 for Mitsubishi Corporation:  a global integrated trading company which develops 
and operates business across a variety of industries. MC is divided into ten 
business groups: Natural Gas; Industrial Materials; Petroleum & Chemicals 
Solution; Mineral Resources; Industrial Infrastructure ; Automotive & Mobility; 
                                                 
1 OJ L 24, 29.1.2004, p. 1 ( the ‘Merger Regulation ’). With effect from 1 December 2009,  the Treaty on 
the Functioning of the European Union ( ‘TFEU ’) has introduced certain changes, such as the 
replacement of ‘Community ’ by ‘Union ’ and ‘common market ’ by ‘internal market ’. The terminology 
of the TFEU will be used throughout this decision.  
2  OJ L 1, 3.1.1994, p.  3 (the ‘EEA Agreement ’). 
3  Publication in the Official Journal of the European Union No C 518, 22.12.2021 , p. 4. 

2 Food Industry; Consumer Industry; Power Solution; and Urban Development 
Group , 
 for MZ: a retail supplier of electric power in Japan, belonging to Chubu Electric 
Group. Chubu  Electric  Group is a multi -services group based in the Chu bu region 
in Japan, with activities related to electric utility and related enterprises, gas 
supply and thermal storage brokerage, on -site energy businesses, overseas 
consulting and investment, real estate management services and IT services , 
 for MC RE: it is active in the retail supply of electric power in Japan . 
3. After examination of the notification, the European Commission has concluded that 
the notified operation falls within the scope of the Merger  Regulation  and of 
paragraph 5 (a) of the Commission  Notice on a simplified procedure for treatment of 
certain concentrations under Council Regulation (EC) No 139/2004 .4 
4. For the reasons set out in the Notice on a simplified procedure, the European 
Commission has decided not to oppose the notified operation and to declare it 
compatible with the internal market and with the EEA Agreement. This decision is 
adopted in application of Article 6(1)(b) of the Merger  Regulation  and Article 57 of 
the EEA Agre ement . 
For the Commission  
 
 
(Signed)  
Olivier GUERSENT  
Director -General  
 
                                                 
4  OJ C 366, 14.12.2013, p. 5 .