Mitsubishi Heavy Industries, Ltd.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Eisaku Ito
- Full Time Employees
- 77,697
- Sector
- Industrials
- Industry
- Industrial - Machinery
- Address
- 2-3, Marunouchi 3-chome Tokyo Japan 100-8332
- IPO Date
- Jun 8, 2010
- Website
- mhi.com
- Similar Companies
- Business
- Mitsubishi Heavy Industries, Ltd. (MHVYF) manufactures and sells a broad range of heavy machinery, equipment, and systems, operating primarily in energy systems; plants & infrastructure systems; logistics, thermal & drive systems; aircraft, defense & space; and industrial machinery segments. The company provides gas and steam turbines, boilers, cogeneration systems, nuclear power plant equipment, and renewable energy solutions including wind turbines and hydrogen technologies; chemical plants, fertilizer production facilities, and environmental systems such as waste-to-energy incinerators and CO2 capture technologies; ships including liquefied CO2 carriers, car ferries, and LNG engines; aircraft engines like the "GTF Advantage," defense systems, space launch vehicles such as H3 rockets, and unmanned aerial vehicles; as well as air-conditioning systems, centrifugal chillers using natural refrigerants, heat pumps, and material handling equipment through subsidiaries like Mitsubishi Logisnext. Mitsubishi Heavy Industries serves industrial, energy, transportation, aerospace, and defense markets globally, with key customers including power utilities, petrochemical firms, governments, and steel producers. Founded in 1884 with roots in shipbuilding and formally established in 1950, the company maintains dual headquarters in Tokyo at 2-3 Marunouchi 3-chome, Chiyoda-ku, and 3-3-1 Shiba, Minato-ku. It operates through 256 consolidated group companies, including regional subsidiaries such as Mitsubishi Heavy Industries America Inc., Mitsubishi Heavy Industries in EMEA, and Mitsubishi Heavy Industries Asia Pacific Pte. Ltd., with a presence in Japan, Asia-Pacific, Americas, Europe, Middle East, and Africa. The firm employs 77,274 people consolidated and reported record orders received of 7,071.2 billion yen and revenue of 5,027.1 billion yen for the fiscal year ended March 31, 2025. In recent developments, Mitsubishi Heavy Industries expanded strategic partnerships, including a long-term contract with Azad Engineering valued at $73.47 million for aerospace components, bringing total deals to $156.36 million; an investment in Koloma for white hydrogen exploration via Mitsubishi Heavy Industries America; and a memorandum with Infosys' HIPUS JV in Japan. The company advanced decarbonization efforts through alliances like MHI and ICM for ethanol dehydration, MHI and Nippon Shokubai for ammonia cracking systems, and a basic agreement with J-POWER to transfer its domestic onshore wind power business. It also pursued privatization of subsidiary Mitsubishi Logisnext via a tender offer with Japan Industrial Partners, received EPC contracts for major projects such as a cyclo olefin polymer plant for Zeon Corporation and ammonia/urea facilities for Turkmenhimiya, and achieved milestones including FAA type certification for the "GTF Advantage" engine and first locally assembled JAC gas turbine in Saudi Arabia.
Mitsubishi Heavy Industries, Ltd. (MHVIY) Discusses Progress and Strategic Initiatives Under 2024 Medium-Term Business Plan Prepared Remarks Transcript
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