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mitsubishi heavy industries (7011) Snapshot

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mitsubishi heavy industries (7011) Details

Mitsubishi Heavy Industries, Ltd. engineers, manufactures, and sells heavy machinery worldwide. The company’s Shipbuilding & Ocean Development segment offers LNG, LPG, car, and crude oil carriers; and cruise ships, car ferries, container and other ships, defense and patrol vessels, marine structures, etc. Its Power Systems segment provides boilers, steam and gas turbines, water and wind turbine plants, geothermal power plants, SCR systems, marine machinery, pumps, desalination plants, lithium-ion secondary batteries, pressurized water reactor nuclear power plants and equipment, reactor plants, nuclear fuel cycle plants, etc. The company’s Machinery & Steel Infrastructure Systems offers toll and fare collection machinery and other ITS equipment, petrochemical plants, flue gas desulfurization systems, flue gas CO2 recovery plants and other chemical plants, oil and gas production systems, waste treatment equipment, compressors and turbines, iron and steel machinery, medical systems, transportation equipment, cranes and material handling systems, rubber and tire machinery, bridges, hydraulic gates, stacks, vertical parking garages, social infrastructure, injection molding machines, food and packing machinery, printing machinery, etc. Its Aerospace Systems segment provides jet fighters, helicopters, commercial transport aircraft, and other aircraft; and structural parts and components of aircraft, aeroengines, missiles, torpedoes, space systems, etc. The company’s General Machinery & Special Vehicles segment offers forklift trucks, construction machinery, engines, turbochargers, agricultural machinery, tractors and special vehicles, etc. Its Others segment provides commercial-and residential-use air conditioners, automotive thermal systems, transport refrigeration units, centrifugal chillers, etc.; and machine tools, precision cutting tools, power transmissions, etc. Mitsubishi Heavy Industries, Ltd. was founded in 1884 and is headquartered in Tokyo, Japan.

Founded in 1884

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mitsubishi heavy industries (7011) Key Developments

Mitsubishi Heavy Industries Ltd., IHI Corporation and Development Bank of Japan Inc. Conclude Three-Way Agreement on Investments into New Commercial Aero Engine Company

Mitsubishi Heavy Industries Ltd. (MHI), IHI Corporation and the Development Bank of Japan Inc. (DBJ) concluded a three-way formal agreement on their respective investments into a new commercial aero engine company, Mitsubishi Heavy Industries Aero Engines Ltd., to be launched on October 1, 2014. The new company will succeed to MHI's business in commercial aero engines under a company split action, as MHI previously announced on March 31 and August 28. MHI, IHI and DBJ aim to work closely with the newly launching company and pledge to provide their full support to the new entity's business development. Overview of Investments into the new company - capital increase sum is JPY 11 billion (including JPY 5.5 billion to be added to capital); capital before new investment is JPY 500 million; capital after new investment is JPY 6 billion; and capital investment method is third-party allocation of shares: JPY 1 billion to IHI, JPY 10 billion to DBJ. Payment date is October 1, 2014. The head office of new company will be located at 1200 Higashi-tanaka, Komaki City, Aichi Prefecture and its business is related to engineering, manufacturing, marketing, maintenance, repair and overhaul of commercial aero engines with ownership ratios of MHI 89%, IHI 1%, and DBJ 10% and a capital of JPY 6 billion.

Mitsubishi Heavy Industries Ltd., Mitsubishi Corporation and GAP Insaat Yatirim ve Dis Tiscaret A.S. to Build Large-Scale Fertilizer Plant for Turkmenhimiya

Mitsubishi Heavy Industries Ltd. (MHI), working jointly with GAP Insaat Yatirim ve Dis Tiscaret A.S. and Mitsubishi Corporation, will build a large scale ammonia and urea fertilizer production plants for Turkmenhimiya in Turkmenistan. The EPCC (engineering, procurement, construction and commissioning) contract with TH will be soon signed. The fertilizer plant is slated to go on stream in June 2018. The fertilizer plant to be ordered, the large in Turkmenistan, will be built in Garabogaz, a city on the coast of the Caspian Sea in the northwest region of the country. Utilizing Turkmenistan's abundant natural gas resources as feedstock, the plant will have the capacity to produce 2,000 mtpd (metric tons per day) of ammonia and 3,500 mtpd of urea supergranules. The order contract will cover fertilizer plant design, equipment procurement and construction, and infrastructure improvements to the surrounding area such as road construction and temporary pier construction, as well as the construction of fertilizer product shipment facilities. MHI will be responsible for basic and detailed fertilizer plant design, manufacture and procurement of equipment, and plant commissioning.

Mitsubishi Heavy Industries Ltd. Wins Order for Metro System in Brazil

Mitsubishi Heavy Industries Ltd. announced that it has won an order worth about ¥50 billion to build and supply a fully automated driverless system for a subway line in Sao Paulo, Brazil. It is Mitsubishi Heavy's first order for a railway system in Latin America. The order was placed by Concessionaria Move Sao Paulo. Mitsubishi Heavy hopes to increase its orders for transportation infrastructure projects in Brazil, where traffic congestion is a major problem. Connecting the city's central district with its northwest, the 15-kilometer-long subway line will have 15 stations and is expected to carry some 630,000 passengers per day.


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