FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Result of Participation in a Share Purchase Program through
Public Tender Offering by T-Gaia Corporation
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of April 5, 2011
Commission File Number 09929
Mitsui & Co., Ltd.
(Translation of registrants name into English)
2-1, Ohtemachi 1-chome Chiyoda-ku, Tokyo 100-0004 Japan
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F X Form 40-F
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: April 5, 2011
MITSUI & CO., LTD. | ||
By: | /s/ Joji Okada | |
Name: | Joji Okada | |
Title: | Executive Managing Officer Chief Financial Officer |
April 5, 2011
For Immediate Release
To Whom It May Concern
Mitsui & Co., Ltd.
Result of Participation in a Share Purchase Program through Public Tender Offering
by T-Gaia Corporation
Mitsui & Co., Ltd. (Mitsui, head office: Tokyo, President & CEO: Masami Iijima) participated in a share purchase program through public tender offering (the Program) implemented by T-Gaia Corporation (T-Gaia) from March 1, 2011 to April 4, 2011, as announced in the Participation in a Share Purchase Program through Public Tender Offering by T-Gaia Corporation dated February 28, 2011. Mitsui will sell its holding of 89,742 shares of T-Gaia common stock (17.51% of total shares issued). As a result of the Program, T-Gaia will cease to be Mitsuis associated company. Consolidated profit after-tax from the sale of shares is estimated to be Yen 3.9 billion.
1. Outline of the Sale of Share
Number of shares to be sold |
89,742 shares | |||
Price of share |
¥140,000 per share | |||
Total amount of the shares to be sold |
¥12.6 billion | |||
Date of settlement |
April 26, 2011. |
2. Change in the Shareholding of Mitsui in T-Gaia
Shares held by Mitsui before transfer |
116,727 shares | (22.78% of total shares issued) | ||
Number of shares to be sold |
89,742 shares | |||
Shares held by Mitsui after transfer |
26,985 shares | (5.27% of total shares issued) |
3. Corporate Profile of T-Gaia (as of December 31, 2010)
(1) Corporate name |
T-Gaia Corporation | |
(2) Representative |
Masaaki Kimura | |
(3) Location of head office |
1-18, Ebisu 4-chome, Shibuya-ku, Tokyo | |
(4) Date of establishment |
February 1992 (as Mitsui Electronic Telecommunication Services Co., Ltd.) | |
(5) Business activities |
Sales and distribution of mobile phones, sales agency business, and sales and brokerage service for telecommunication services. | |
(6) Number of employees |
1,093 | |
(7) Amount of capital |
¥3,098 million | |
(8) Shares issued |
512,419 shares (as of February 28, 2011) |
For further information, please contact:
Mitsui & Co., Ltd. |
||
Investor Relations Division |
Corporate Communications Division | |
Telephone: +81-3-3285-7910 |
Telephone: +81-3-3285-7562 |
Notice: This press release includes forward-looking statements about Mitsui. These forward-looking statements are based on the current assumptions and beliefs of Mitsui in light of the information currently available to it, and involve known and unknown risks, uncertainties and other factors. Such risks, uncertainties and other factors may cause Mitsuis actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements. The risks, uncertainties and other factors referred to above include, but are not limited to, those contained in Mitsuis latest annual report on Form 20-F, which has been filed with the U.S. Securities and Exchange Commission.
This press release is published in order to publicly announce specific facts stated above, and does not constitute a solicitation of investments or any similar act inside or outside of Japan, regarding the shares, bonds or other securities issued by us.