JA Mitsubishi Leasing, Ltd. ("JAML"), an equity method investee of Mitsubishi & Co., Ltd. ("Mitsubishi", Head Office: Chiyoda-ku, Tokyo, President and CEO: Kenichi Hori), made an announcement today on its website regarding an allowance for doubtful accounts, related to Katsumi Global, LLC, which is a JAML group company.

JAML has maintained a stable business platform. It is one of the important group companies of Mitsubishi and is expected to continue to achieve business growth going forward.
Therefore, Mitsubishi is planning to provide necessary support in coordination with the Norinchukin Bank, and is constructively discussing JAML's capital reinforcement and business management improvement.

As a shareholder of JAML, Mitsubishi will take the appropriate actions while closely watching the developments of the subject case.