IR Meetings

The Upcoming IR Meetings

Not scheduled

FY2025.3

Mitsubishi Corporation, KDDI and Lawson joint press conference (September 18, 2024)

Date	September 18, 2024 (Wed), 15:30-16:45
Location	Online streaming
Description of presentation	The initiatives being implemented under the new management structure to realize the "Next-generation Convenience Store"
Speakers	Mitsubishi Corporation Katsuya Nakanishi, Representative Director, President and CEO Lawson, Inc. Sadanobu Takemasu, President and CEO Representative Director KDDI CORPORATION Makoto Takahashi, President, Representative Director, CEO

Summary

The three companies, Mitsubishi Corporation (MC), Lawson, and KDDI, gave a presentation on their efforts to transform Lawson into "Next-generation Convenience Store".
By leveraging the business infrastructures, AI and DX technologies of MC and KDDI, we will promote the expansion of "Real x Tech Convenience", and in collaboration with local governments, we will transform the convenience store into a place that solve the social issues faced by stores and communities, and we will aim to further deepen our role as "Hub of refreshment in every community".
In addition, with the aim of expanding its telecommunications and economic zone, KDDI will be renewing its "au Smart Pass" paid subscription service, which is used by approximately 15 million members, as "Ponta Pass" from October 2, 2024. The benefits have been enhanced, with coupons that make shopping at Lawson more affordable, and when you use au PAY (code payment) at Ponta partner companies, you will receive an additional Ponta point redemption rate. Furthermore, we will continue to respond to the diverse needs of povo users through initiatives such as Data Oasis, which allows povo users to recharge their data for free at Lawson, and sales of gift cards (data-only eSIM).

Materials

News release

FY2024.3-FY2021.3

Data Center Business presentation in Canada (Toronto) (March 25, 2024)Click to open/close

Date	March 25, 2024
Location	Data center in Canada (Toronto)
Contents	Data center facility tour, presentation, and Q & A session
Participants	Investors and analysts
Presenters	KDDI Canada, Inc. President & CEO Satoshi Adachi, EVP & COO Atsushi Kubo, Facilities Department Manager/Special Advisor Doug, Director Mark

Data Center Business Description

At KDDI Group, we are expanding our data center business globally, focusing on high-quality connectivity data centers that make it easy for our customers, such as content providers, cloud service providers, and telecommunications companies, to interconnect.
We established "KDDI Canada, Inc." in June 2023, which took over the data center business from Allied Properties REIT in Canada, and our operation has begun in September 2023. By incorporating the connectivity No.1 data center business in Canada, we aim to expand our business across Europe, Asia, and North America, forming a trilateral expansion strategy.

<Data Centers in Canada>: <151 Front Street West>

<250 Front Street West>

<905 King Street West>

(Reference)

Notice Regarding the Establishment of a New Subsidiary in CanadaOpen in a new window

Data Center Facility Tour

Participants visited one of the three data centers in Toronto, "151 Front Street West," which boasts the highest number of interconnections in Canada. While listening to the commentary of CEO Adachi, COO Kubo, Facilities Department Manager/Special Advisor Doug, and Director Mark, visitors have learned that it was a historic site where the first telegraph was sent in Canada. They have also seen our environmentally conscious air conditioning system, in which, through a partnership with Enwave, we prioritize the use of natural cooling using cold Lake Ontario water, and by using air conditioning equipment (such as chillers) as a backup, we are able to significantly reduce power consumption during normal operation.

<A bundle of yellow cables represents connectivity (connections)>

Materials

IR Meeting (February 6, 2024)Click to open/close

Date	February 6, 2024 (Tue), 18:30-19:00 PM
Location	Online streaming
Description of presentation	Q&A Session on "Mitsubishi Corporation, KDDI CORPORATION, Lawson, Inc. have entered into the Capital Business Partnership Agreement"
Participants	Investors and Analysts
Panelists	Toshitake Amamiya, Executive Vice President, Representative Director, Executive Director, Personal Business Sector Hiroshi Takezawa, Managing Executive Officer, Executive Director, Marketing Division and Business & Services Development Division, Personal Business Sector Managing Executive Officer, CFO, Executive Director, Corporate Sector

Summary

1. Outline

On February 6, 2024, Mitsubishi Corporation (MC), KDDI CORPORATION (KDDI), and Lawson, Inc. (Lawson), announced that the companies signed a capital business partnership agreement to aim for creation of new consumer values by integrating "Real, Digital, and Green" elements. Accordingly, KDDI will commence a TOB for Lawson in April 2024 and expect to complete the transaction around September (planned). If the closing occurs as planned, KDDI's ownership ratio in Lawson will be 50.0% (currently 2.1%), Lawson will be delisted, and for accounting purposes will be treated as a jointly controlled company by KDDI and MC.
The expected tender offer price per share is 10,360 yen, for a total amount of approximately 497.1 billion yen.

2. Objectives and Aims

For nearly five years since the capital and business alliance concluded in December 2019, KDDI and Lawson have been working on coordination to make their stores and services more attractive and expand the Ponta economic sphere. KDDI has approximately 31 million mobile IDs and 2,200 stores, and Lawson has 14,600 convenience stores and 10 million visitors per day, the implementation of this project will enable us to establish one of the leading consumer contact points in Japan with a total of approximately 17,000 stores.
In addition, KDDI and Lawson each have a number of group assets, such as entertainment and finance, that can provide synergies, as well as many of our own assets, such as insurance, Energy Business, and satellite telecommunications, that can help enhance the functionality of the convenience store, thereby expanding business opportunities by contributing to the realization of the convenience store of the future.
The decision to support Lawson's growth strategy was based on the belief that supporting Lawson's growth strategy will lead to the strengthening of the infrastructure function of convenience stores, which in turn will enhance the corporate value of the two companies.

MC/KDDI/Lawson to Conclude a Capital and Business Alliance

3. Vision⋅Obtainable synergies

The companies will consider measures to enhance convenience store functions, improve the customer experience value combined with the latest technology, achieve greater efficiency in store operations, and achieve a green and sustainable consumer society. Specific measures will be discussed in depth after closing, but we will promote business coordination in the three business areas of Real, Digital, and Green, leveraging the assets and strengths of each company.

(Reference) Examples of coordination measures

Providing new services such as telecommunications, banking/insurance, and health care through online remote customer service to improve convenience at LAWSON stores.
Making LAWSON stores smarter and more advanced through the use of the latest technologies such as DX, XR, and remote delivery.
Converting LAWSON stores into disaster prevention and preparedness centers through the installation of solar power generation and EV charging spots, and the use of satellite telecommunications.