Notice Regarding Acquisition of Shares of UniCarriers Holdings Corporation
Tokyo, December 18, 2015 - As disclosed in the previous Notice dated July 31, 2015, Mitsubishi Heavy Industries, Ltd. (MHI) and Mitsubishi Nichiyu Forklift Co., Ltd. passed resolutions at their respective Board of Directors meetings approving their acquisition of all shares of UniCarriers Holdings Corporation (UniCarriers), as well as share options, from UniCarriers' shareholders, with their respective ownership stakes to be 65% and 35%. The Notice also stated that the related share transfer agreement had been concluded. As of the current date, however, examination of the acquisition plan in the context of competition laws both in Japan and abroad, and the requisite approval procedures, are still in progress. As a result, we hereby give notification that the share transfer execution date has now been pushed back from the originally scheduled December 30, 2015 to an unspecified date in March 2016.
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