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Mitsubishi Heavy Industries

Mitsubishi Heavy Industries, Ltd. (三菱重工業株式会社, Mitsubishi Jūkōgyō Kabushiki-kaisha, informally MHI) is a Japanese multinational engineering, electrical equipment and electronics corporation headquartered in Tokyo, Japan. MHI is one of the core companies of the Mitsubishi Group and its automobile division is the predecessor of Mitsubishi Motors.

Mitsubishi Heavy Industries, Ltd.
Headquarters in Chūō, Tokyo
Native name
三菱重工業株式会社
Mitsubishi Jūkōgyō Kabushiki-kaisha
TypePublic KK
TYO: 7011
IndustryEngineering
Electrical equipment
Electronics
Aerospace
Defense
Founded
  • July 7, 1884; 138 years ago (1884-07-07) (original)
  • January 11, 1950; 73 years ago (1950-01-11) (incorporation)
FounderYatarō Iwasaki
HeadquartersMarunouchi Nijūbashi Building, Marunouchi, Chūō, Tokyo,
Area served
Global
Key people
Shunichi Miyanaga (Chairman)
Seiji Izumisawa (President & CEO)
Revenue ¥3,860.2 billion (2021)[1]
¥2.1 billion (2021)[1]
¥112.7 billion (2021)[1]
Total assets ¥5,116.3 billion (2021)[1]
Total equity ¥1,662.5 billion (2021)[1]
Number of employees
101,241 (total)
22,755 (non-consolidated) 78,486 (consolidated)
(as of March 31, 2022)[2]
DivisionsMarine Vessel and Ocean
Power Engine
Machinery and Iron Structure
Aviation and Space
Medium-size Product
Subsidiaries
Websitemhi.com

MHI's products include aerospace and automotive components, air conditioners, elevators, forklift trucks, hydraulic equipment, printing machines, missiles, tanks,[3] power systems, ships, aircraft, railway systems, and space launch vehicles.[4][5] Through its defense-related activities, it is the world's 23rd-largest defense contractor measured by 2011 defense revenues and the largest based in Japan.[6]

History

 
The Big Cranes at The Mitsubishi Dockyard Nagasaki, Meiji Period

In 1857, at the request of the Tokugawa Shogunate, a group of Dutch engineers were invited, including Dutch naval engineer Hendrik Hardes, and began work on the Nagasaki Yotetsusho 長崎鎔鉄所 , a modern, Western-style foundry and shipyard near the Dutch settlement of Dejima, at Nagasaki.[7] This was renamed Nagasaki Seitetsusho 長崎製鉄所 Nagasaki Iron (Steel) Foundry in 1860, and construction was completed in 1861. Following the Meiji Restoration of 1868, the shipyard was placed under control of the new Government of Meiji Japan. The first dry dock was completed in 1879.

In 1884, Yataro Iwasaki, the founder of Mitsubishi, leased the Nagasaki Seitetsusho from the Japanese government, renamed it the Nagasaki Shipyard & Machinery Works 長崎 造船 機械工 and entered the shipbuilding business on a large scale. Iwasaki purchased the shipyards outright in 1887. In 1891, "Mitsubishi Heavy Industries - Yokohama Machinery Works" was started as Yokohama Dock Company, Ltd. Its main business was ship repairs, to which it added ship servicing by 1897.[8] The works was renamed Mitsubishi Shipyard of Mitsubishi Goshi Kaisha in 1893 and additional dry docks were completed in 1896 and 1905.[7]

The "Mitsubishi Heavy Industries - Shimonoseki Shipyard & Machinery Works" was established in 1914. It produced industrial machinery and merchant ships.[9]

The Nagasaki company was renamed Mitsubishi Shipbuilding & Engineering Company, Ltd. in 1917 and again renamed as Mitsubishi Heavy Industries in 1934. It became the largest private firm in Japan, active in the manufacture of ships, heavy machinery, airplanes and railway cars. Mitsubishi Heavy Industries merged with the Yokohama Dock Company in 1935.[8] From its inception, the Mitsubishi Nagasaki shipyards were heavily involved in contracts for the Imperial Japanese Navy. The largest battleship Musashi was completed at Nagasaki in 1942. The company also housed the Mitsubishi Steel and Arms Works, the Akunoura Engine Works 長崎 飽の浦製鑵工場 Akunoura machinery works 頃の飽の浦機械工場 , Mitsubishi Arms Plant, Mitsubishi Electric Shipyards and Mitsubishi-Urakami Ordnance Works, which employed 90% of the city's labor force, and accounted for 90% of the city's industry.[10] These connections made Nagasaki a target for strategic bombing during World War II by the Allied air forces, which later dropped an atomic bomb on the city on August 9, 1945. This attack, following the atomic bombing of Hiroshima three days earlier, dealt a devastating blow to the Japanese leadership, contributing to the surrender of Japan six days later.

The Kobe Shipyard of Mitsubishi Goshi Kaisha was established in 1905. The Kobe Shipyard merged with Mitsubishi Heavy Industries in 1934. The Kobe Shipyard constructed the ocean liner Argentina Maru (later repurposed as the aircraft carrier Kaiyo), and the submarines the I-19 and I-25.[11]

Following the dissolution of the zaibatsu after the surrender of Japan at the end of World War II, Mitsubishi divided into three companies in January 1950: Mitsubishi Nagasaki became West Japan Heavy Industries, Ltd, the Kobe Shipyard became Central Japan Heavy-Industries, Ltd.,[11] and the Yokohama branch became East Japan Heavy-Industries, Ltd. On 28 April 1952 the Occupation of Japan ended, which meant that the ban on using zaibatsu names was lifted.[12] Accordingly, all three companies changed names again on 7 May 1952: West Japan Heavy Industries (the Nagasaki Shipyard) was renamed Mitsubishi Shipbuilding & Engineering Co., Ltd.,[7] Central Japan Heavy Industries, Ltd. was renamed Shin-Mitsubishi Jukogyo K.K. (also trading as Mitsubishi Heavy Industries, Reorganized, Ltd.;[13] shin meaning "New"), while East Japan Heavy-Industries became Mitsubishi Nippon Heavy Industries.[12]

In 1964, the three independent companies from the 1950 break-up were merged into Shin-Mitsubishi Jukogyo and became Mitsubishi Heavy Industries, Ltd. The Nagasaki works was renamed the Nagasaki Shipyard & Engine Works. The Kobe works was renamed the 'Mitsubishi Heavy Industries - Kobe Shipyard & Machinery Works'.[14]

In 1970, MHI's automobile parts department became an independent company as Mitsubishi Motors.

In 1974, its Tokyo headquarters was targeted in a bombing that killed eight people.

MHI participated in a ¥540 billion emergency rescue of Mitsubishi Motors in January 2005, in partnership with Mitsubishi Corporation and Mitsubishi Tokyo Financial Group.[15][16] As part of the rescue, MHI acquired ¥50 billion of Mitsubishi Motors stock, increasing its ownership stake to 15 percent and making the automaker an affiliate again. The emergency rescue was carried out 4 years after a product recall scandal in Japan that was triggered by accusations of Mitsubishi Motors allegedly trying to systematically hide manufacturing defects to avoid recalls, and marketing problems in the US.[15]

In October 2009, MHI announced an order for up to 100 regional jets from the United States-based airline Trans States Holdings.[17][18]

MHI entered talks with Hitachi in August 2011 about a potential merger of the two companies, in what would have been the largest merger between two Japanese companies in history.[19][20] The talks subsequently broke down and were suspended.[21]

In November 2012, MHI and Hitachi agreed to merge their thermal power generation businesses into a joint venture to be owned 65% by MHI and 35% by Hitachi.[22][23] The joint venture began operations in February 2014 and ended in 2020, as Hitachi transferred its shares to MHI.[22][23][24]

In June 2014 Siemens and MHI announced their formation of joint ventures to bid for Alstom's troubled energy and transportation businesses (in locomotives, steam turbines, and aircraft engines). A rival bid by General Electric (GE) has been criticized by French government sources, who consider Alstom's operations as a "vital national interest" at a moment when the French unemployment level stands above 10% and some voters are turning towards the conservative party.[25] GE's proposal ultimately prevailed.[26]

MHI had entered the high-speed train business in 1995, with the manufacture of the MLX01 SCMaglev car, a business it exited in 2017 after struggling with the development costs of the Mitsubishi SpaceJet, and disagreements with Central Japan Railway Company over the manufacturing costs of the SCMaglev cars.[27]

In February 2021, MHI sold its machine tools business MHI Machine Tool Co. to Nidec.[28]

Operations

 
Mitsubishi Heavy Industries building in Yokohama, Japan

Aerospace

MHI has aerospace facilities in Nagoya, Aichi, Komaki, Aichi and Mississauga, Canada.

In the 1950s the company began to re-enter the aerospace industry in earnest. Along with other major Japanese companies it was involved in design and production of the NAMC YS-11, the first Japanese airliner to enter production after World War II.[29] In 1956 work started on the design of the Mitsubishi MU-2, which became the company's first postwar aircraft design.[30]

In the defense sector, MHI has produced jet fighters for the Japan Air Self-Defense Force and anti-submarine helicopters for the Japan Maritime Self-Defense Force, as well as aero-engines, missiles and torpedoes. It produced North American F-86 Sabre, Lockheed F-104 Starfighter and McDonnell Douglas F-4 Phantom II fighters. It manufactured 139 Mitsubishi F-15J fighter aircraft from 1981 and produced 200 Sikorsky S-70 family Mitsubishi H-60 helicopters from 1989, in both cases under license production. The company also plays an important role in the Japanese Ballistic Missile Defense System program.

In the space systems sector, MHI is the producer of the H-IIA and H-IIB launch vehicles, Japan's main rockets, and provides launch services for national institutions and companies around the world. The clients include JAXA, KARI, Mohammed bin Rashid Space Centre, and Inmarsat.[31][32][33] The company is also involved in the International Space Station program as a cargo spaceship contractor.[34]

On 1 April 2008, MHI established Mitsubishi Aircraft Corporation as a subsidiary to develop and produce the MRJ or Mitsubishi Regional Jet, a 70 to 90 passenger regional airliner. MHI is the majority shareholder of the new company, with Toyota Motor Corporation owning 10%.[35]

On December 12, 2012, MHI acquired Pratt & Whitney Power Systems, the small gas turbine business of United Technologies.[36]

In the civil aircraft sector, MHI develops and manufactures major airframe components, including fuselage panels for the Boeing 777 and composite-material wing boxes for the 787.[citation needed] In June 2014, the company joined four other major Japanese companies in signing an agreement to build parts for Boeing's 777X aircraft.[37][needs update]

On 25 June 2019, MHI announced the acquisition of Bombardier Aviation's CRJ programme, in a deal expected to close in the first half of 2020, subject to regulatory approval.[38] MHI will benefit from Bombardier's global expertise in areas ranging from engineering and certification to customer relations and support, boosting its SpaceJet (formerly MRJ) programme, and potentially enabling the SpaceJet to be produced in North America.[39] The deal includes two service centres in Canada and two in the US, as well as the type certificates for the CRJ.[40] Bombardier will retain its assembly facility at Mirabel, near Montreal, Canada, and will continue to produce the CRJ on behalf of MHI until the current order backlog is complete.[41] In early May 2020, MHI confirmed that all conditions had been met and that the transaction would be closed on 1 June.[42] The acquired aviation unit was then renamed MHI RJ Aviation Group.[43]

MHI recorded a loss in FY 2020 partly because of the continuous delays of the first delivery of the SpaceJet.[44] At the height of the COVID-19 pandemic that crippled the aviation industry, MHI decided to put a halt to the project.[45]

Defense

In 2010, MHI commenced production of the Type 10 advanced main battle tank, at a cost of $11.3 million per unit, to replace the Type 90 tank.

Energy

The nuclear business of MHI operates facilities in the cities of Kobe and Takasago in Hyogo Prefecture and in Yokohama, Kanagawa Prefecture. It also operates a nuclear fuel manufacturing plant in Tōkai, Ibaraki which processes 440 Metric tons of Uranium per year.

MHI has also developed the Mitsubishi APWR design. MHI has also signed a memorandum of understanding with Areva for the establishment of a joint venture, Atmea, for their next reactor design ATMEA1.[46]

MHI has also been selected as the core company to develop a new generation of Fast Breeder Reactors (FBR) by the Japanese government.[47] After that announcement was made, MHI established a new company, Mitsubishi FBR Systems, Inc. (MFBR) specifically for the development and realization of FBR technology, starting what is likely to be the most aggressive corporate venture into FBR and Generation IV reactor technology.[48]

As of 2015, MHI was developing a $15.8 billion nuclear power plant in Sinop, Turkey in partnership with Itochu and Engie, which would be its first overseas nuclear project.[49] The deal has been officially scrapped in January 2020, after the feasibility of the project was doubted.[50]

MHI unsuccessfully attempted to acquire the energy business of Alstom in 2014 in order to develop its service network in Southeast Asia. MHI remains interested in acquisitions in the crude oil and gas sectors as of 2015.[51] Following financial difficulties at Areva, MHI announced in 2015 it would make a proposal to take a minority ownership stake in a new entity called inheriting Areva's nuclear reactor business and acquired a 19% stake in the entity in 2017. In 2018, the entity has been named Framatome.[52][53]

In 2020, MHI eventually acquired Hitachi's gas turbine business unit after the two companies had merged their businesses to form a joint venture.[24]

Shipbuilding

Shipbuilding has been a core and historical founding activity for MHI. It was formally started in 1884 when Mitsubishi leased and then acquired the 'Nagasaki Shipyard & Machinery Works' company (founded in 1857 as 'Nagasaki Yotetsusho Foundry'[54]). Subsequently, Mitsubishi progressively became one of the major Japanese shipbuilding companies, building both commercial as well as military ships, including the Yamato-class battleship, Musashi, of the Imperial Japanese Navy during World War II.

MHI has shipbuilding facilities in Nagasaki, Kobe and Shimonoseki, Japan. Nagasaki Shipyard & Machinery Works (三菱重工長崎造船所, Mitsubishi Juko Nagasaki Zosenjo) is the primary shipbuilding division of MHI. It primarily produces specialized commercial vessels, including LNG carriers, and passenger cruise ships.[55]

On 1 December 2017, MHI announced that it will launch two new wholly owned companies on 1 January 2018 in conjunction with reorganization of its shipbuilding business:

  • A new subsidiary, Mitsubishi Shipbuilding Co., Ltd., was created to primarily undertake construction of ships that require intensive outfitting and advanced technologies, mainly based on the Yokohama, Shimonoseki and Nagasaki shipyards.
  • Separately, Mitsubishi Heavy Industries Marine Structure Co., Ltd. will mainly engage in the manufacture of large ships and marine structures.[56]

In late 2019, MHI, exploring a withdrawal from LNG carrier construction, started to negotiate with Oshima Shipbuilding to divest its historic shipyard located in Koyagi, Nagasaki.[57]

On 24 December 2019, Mitsubishi Shipbuilding delivered its first fuel gas supply system for a marine LNG engine.[58]

In June 2020, MHI entered talks with Mitsui Engineering & Shipbuilding to acquire the latter's naval and patrol ship business. The deal would strengthen MHI's defense sector, effectively consolidating Japan's defense industry as well. The deal is expected to be reached by the end of 2020, with the parties closing the transaction by October 2021, if approved by regulators.[59][60]

On January 17, 2022, the first successful sea voyage of an unmanned, fully autonomous vessel was successfully carried out by the Soleil, built by MHI. The demonstration, conducted in cooperation of Shin Nihonkai Ferry,[61] sailed 240 kilometres, from Shinmoji in Northern Kyushu, to the Iyonada Sea, over seven hours, with a maximum speed of 26 knots.[62]

Wind power

MHI has installed more 3,282 MW worldwide until December 2009, mainly turbines with 1 and 2.4 MW.[63] The company is developing 7-MW-turbines for offshore wind power. Tests are planned for 2013 in Europe.[64]

On September 27, 2013, MHI and Vestas Wind Systems announced a joint-venture named MHI Vestas Offshore Wind to develop offshore wind energy based on Vestas' V164 8.0MW turbine.[65] In 2020, MHI acquired 2.5% of Vestas by transferring its 50% of MHI Vestas to Vestas, and receiving 5 million new Vestas shares.[66]

Products

 
Liftoff of the second flight of the H-IIB expendable launch system
 
The Crystal Mover, an automated people mover manufactured by MHI for airport and light rail applications

MHI's products include:

Controversies

Mitsubishi Heavy Industries apologized and compensated victims of Chinese forced labor by Japan during World War II in 2015. Yonhap News Agency criticized Mitsubishi for rescuing Chinese victims while turning a blind eye to Korean victims.[72]

On November 28, 2018, MHI was ordered by the South Korea Supreme Court to pay 150m won ($133,000; £104,000) in compensation to 10 surviving Koreans who were victims of forced labor which the company oversaw during the Japanese occupation of Korea.[73][74] Eighteen family members of other victims of the forced labour overseen by MHI, who had previously sued sometime before 2008, were now able to receive the compensation as well by the decision.[74] All twenty-eight plaintiffs had previously filed a lawsuit in Japan, but had their lawsuit dismissed by the Supreme Court of Japan in 2008.[74]

The Japanese government has officially disputed the lawsuit and defined the verdict as "a breach of the international law", citing the 1965 agreement which was made by the two nations to establish diplomatic relations, since all of the "problems concerning property, rights, and interests" that had been existed between the two countries and respective peoples thereof during the occupation era "have been settled completely and finally".[75]

During the 2022 Russian invasion of Ukraine, MHI refused to join the international community and withdraw from the Russian market. Research from Yale University updated on April 28, 2022 identifying how companies were reacting to Russia's invasion identified MHI in the worst category of "Digging In", meaning Defying Demands for Exit: companies defying demands for exit/reduction of activities.[76]

Notes

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  5. ^ "Mitsubishi Heavy Industries, Ltd. Global Website | PRODUCTS". Mitsubishi Heavy Industries, Ltd. Retrieved 2020-07-20.
  6. ^ "Defense News Top 100 for 2011". Defense News. Archived from the original on 6 December 2012. Retrieved 19 July 2012.
  7. ^ a b c . Nagasaki Shipyard & Machinery Works. Archived from the original on 2011-08-07.
  8. ^ a b . Yokohama Machinery Works. Archived from the original on 2011-08-07.
  9. ^ . Shimonoseki Shipyard & Machinery Works. Archived from the original on 2011-08-07.
  10. ^ "Chapter II The Effects of the Atomic Bombings". United States Strategic Bombing Survey.
  11. ^ a b . Kobe Shipyard & Machinery Works. Archived from the original on 2011-08-07.
  12. ^ a b Toma, Setsuo (2019-08-27). [Advertising in the January 1952 issue of "Motorfan" magazine]. M-Base (in Japanese). Miki Press. Archived from the original on 2019-12-19.
  13. ^ @nandaumanosuke2 (8 January 2021). "一昨日掘ったら出てきたシリーズ(てきとう 新三菱重工業時代の液化塩素用タンク車タサ2300英文カタログ 日本語版もあったはず。" (Tweet) – via Twitter.
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  32. ^ "UAE's Amal spacecraft rockets toward Mars in Arab world 1st". ABC 6 NEWS. 2020-07-19. Retrieved 2020-07-20.
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  34. ^ May 2020, Tariq Malik 20 (20 May 2020). "Japanese HTV cargo ship, the last of its kind, launches to International Space Station". Space.com. Retrieved 2020-07-20.
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  37. ^ . Chicago Chronicle. Archived from the original on 27 July 2014. Retrieved 12 June 2014.
  38. ^ "Mitsubishi Heavy Industries to Acquire Canadair Regional Jet Program from Bombardier Inc" (Press release). Mitsubishi Heavy Industries. 25 June 2019.
  39. ^ Hemmerdinger, Jon (6 June 2019). "ANALYSIS: How the CRJ could save the MRJ". Flightglobal.com.
  40. ^ Chua, Alfred (26 June 2019). "Mitsubishi eager to tap into CRJ expertise". Flightglobal.com.
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  42. ^ Hemmerdinger, Jon (7 May 2020). "Mitsubishi to close CRJ purchase on 1 June". Flight Global.
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  47. ^ . Archived from the original on 3 March 2008. Retrieved 7 February 2017.
  48. ^ . Archived from the original on 30 June 2013. Retrieved 7 February 2017.
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  50. ^ Belgium, Central Office, NucNet a s b l , Brussels. "Turkey / Contract For Sinop Nuclear Station 'Has Been Cancelled'". The Independent Global Nuclear News Agency. Retrieved 2020-07-22.
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  65. ^ "Vestas Gains on Mitsubishi Heavy Deal for Offshore Wind". Bloomberg.com. 27 September 2013. Retrieved 7 February 2017 – via www.bloomberg.com.
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  70. ^ Wind Turbine Generators | Mitsubishi Heavy Industries, Ltd 2008-05-01 at the Wayback Machine
  71. ^ "Mitsubishi Heavy to make lithium ion car batteries" 2008-01-11 at the Wayback Machine, Reuters, 23 January 2007, as found at Yahoo! Singapore Finance website
  72. ^ "중국 노동자 피해보상 미쓰비시, 한국 피해자는 외면하나". 연합뉴스. 24 July 2015. Retrieved 6 March 2023.
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  76. ^ "Over 750 Companies Have Curtailed Operations in Russia—But Some Remain". Yale School of Management. Retrieved 28 April 2022.

References

External links

  • Official website  
  • WW2DB: Mitsubishi Military Aircraft of World War II

mitsubishi, heavy, industries, 三菱重工業株式会社, mitsubishi, jūkōgyō, kabushiki, kaisha, informally, japanese, multinational, engineering, electrical, equipment, electronics, corporation, headquartered, tokyo, japan, core, companies, mitsubishi, group, automobile, di. Mitsubishi Heavy Industries Ltd 三菱重工業株式会社 Mitsubishi Jukōgyō Kabushiki kaisha informally MHI is a Japanese multinational engineering electrical equipment and electronics corporation headquartered in Tokyo Japan MHI is one of the core companies of the Mitsubishi Group and its automobile division is the predecessor of Mitsubishi Motors Mitsubishi Heavy Industries Ltd Headquarters in Chuō TokyoNative name三菱重工業株式会社Romanized nameMitsubishi Jukōgyō Kabushiki kaishaTypePublic KKTraded asTYO 7011IndustryEngineeringElectrical equipmentElectronicsAerospace DefenseFoundedJuly 7 1884 138 years ago 1884 07 07 original January 11 1950 73 years ago 1950 01 11 incorporation FounderYatarō IwasakiHeadquartersMarunouchi Nijubashi Building Marunouchi Chuō Tokyo JapanArea servedGlobalKey peopleShunichi Miyanaga Chairman Seiji Izumisawa President amp CEO Revenue 3 860 2 billion 2021 1 Operating income 2 1 billion 2021 1 Net income 112 7 billion 2021 1 Total assets 5 116 3 billion 2021 1 Total equity 1 662 5 billion 2021 1 Number of employees101 241 total 22 755 non consolidated 78 486 consolidated as of March 31 2022 2 DivisionsMarine Vessel and OceanPower EngineMachinery and Iron StructureAviation and SpaceMedium size ProductSubsidiariesMitsubishi LogisnextMitsubishi FBR SystemsMitsubishi PowerMitsubishi ShipbuildingPrimetals TechnologiesMitsubishi Aircraft CorporationMHI RJ Aviation GroupWebsitemhi wbr comMHI s products include aerospace and automotive components air conditioners elevators forklift trucks hydraulic equipment printing machines missiles tanks 3 power systems ships aircraft railway systems and space launch vehicles 4 5 Through its defense related activities it is the world s 23rd largest defense contractor measured by 2011 defense revenues and the largest based in Japan 6 Contents 1 History 2 Operations 2 1 Aerospace 2 2 Defense 2 3 Energy 2 4 Shipbuilding 2 5 Wind power 3 Products 4 Controversies 5 Notes 6 References 7 External linksHistory Edit The Big Cranes at The Mitsubishi Dockyard Nagasaki Meiji Period In 1857 at the request of the Tokugawa Shogunate a group of Dutch engineers were invited including Dutch naval engineer Hendrik Hardes and began work on the Nagasaki Yotetsusho 長崎鎔鉄所 a modern Western style foundry and shipyard near the Dutch settlement of Dejima at Nagasaki 7 This was renamed Nagasaki Seitetsusho 長崎製鉄所 Nagasaki Iron Steel Foundry in 1860 and construction was completed in 1861 Following the Meiji Restoration of 1868 the shipyard was placed under control of the new Government of Meiji Japan The first dry dock was completed in 1879 In 1884 Yataro Iwasaki the founder of Mitsubishi leased the Nagasaki Seitetsusho from the Japanese government renamed it the Nagasaki Shipyard amp Machinery Works 長崎 造船 機械工 and entered the shipbuilding business on a large scale Iwasaki purchased the shipyards outright in 1887 In 1891 Mitsubishi Heavy Industries Yokohama Machinery Works was started as Yokohama Dock Company Ltd Its main business was ship repairs to which it added ship servicing by 1897 8 The works was renamed Mitsubishi Shipyard of Mitsubishi Goshi Kaisha in 1893 and additional dry docks were completed in 1896 and 1905 7 The Mitsubishi Heavy Industries Shimonoseki Shipyard amp Machinery Works was established in 1914 It produced industrial machinery and merchant ships 9 The Nagasaki company was renamed Mitsubishi Shipbuilding amp Engineering Company Ltd in 1917 and again renamed as Mitsubishi Heavy Industries in 1934 It became the largest private firm in Japan active in the manufacture of ships heavy machinery airplanes and railway cars Mitsubishi Heavy Industries merged with the Yokohama Dock Company in 1935 8 From its inception the Mitsubishi Nagasaki shipyards were heavily involved in contracts for the Imperial Japanese Navy The largest battleship Musashi was completed at Nagasaki in 1942 The company also housed the Mitsubishi Steel and Arms Works the Akunoura Engine Works 長崎 飽の浦製鑵工場 Akunoura machinery works 頃の飽の浦機械工場 Mitsubishi Arms Plant Mitsubishi Electric Shipyards and Mitsubishi Urakami Ordnance Works which employed 90 of the city s labor force and accounted for 90 of the city s industry 10 These connections made Nagasaki a target for strategic bombing during World War II by the Allied air forces which later dropped an atomic bomb on the city on August 9 1945 This attack following the atomic bombing of Hiroshima three days earlier dealt a devastating blow to the Japanese leadership contributing to the surrender of Japan six days later The Kobe Shipyard of Mitsubishi Goshi Kaisha was established in 1905 The Kobe Shipyard merged with Mitsubishi Heavy Industries in 1934 The Kobe Shipyard constructed the ocean liner Argentina Maru later repurposed as the aircraft carrier Kaiyo and the submarines the I 19 and I 25 11 Following the dissolution of the zaibatsu after the surrender of Japan at the end of World War II Mitsubishi divided into three companies in January 1950 Mitsubishi Nagasaki became West Japan Heavy Industries Ltd the Kobe Shipyard became Central Japan Heavy Industries Ltd 11 and the Yokohama branch became East Japan Heavy Industries Ltd On 28 April 1952 the Occupation of Japan ended which meant that the ban on using zaibatsu names was lifted 12 Accordingly all three companies changed names again on 7 May 1952 West Japan Heavy Industries the Nagasaki Shipyard was renamed Mitsubishi Shipbuilding amp Engineering Co Ltd 7 Central Japan Heavy Industries Ltd was renamed Shin Mitsubishi Jukogyo K K also trading as Mitsubishi Heavy Industries Reorganized Ltd 13 shin meaning New while East Japan Heavy Industries became Mitsubishi Nippon Heavy Industries 12 In 1964 the three independent companies from the 1950 break up were merged into Shin Mitsubishi Jukogyo and became Mitsubishi Heavy Industries Ltd The Nagasaki works was renamed the Nagasaki Shipyard amp Engine Works The Kobe works was renamed the Mitsubishi Heavy Industries Kobe Shipyard amp Machinery Works 14 In 1970 MHI s automobile parts department became an independent company as Mitsubishi Motors In 1974 its Tokyo headquarters was targeted in a bombing that killed eight people MHI participated in a 540 billion emergency rescue of Mitsubishi Motors in January 2005 in partnership with Mitsubishi Corporation and Mitsubishi Tokyo Financial Group 15 16 As part of the rescue MHI acquired 50 billion of Mitsubishi Motors stock increasing its ownership stake to 15 percent and making the automaker an affiliate again The emergency rescue was carried out 4 years after a product recall scandal in Japan that was triggered by accusations of Mitsubishi Motors allegedly trying to systematically hide manufacturing defects to avoid recalls and marketing problems in the US 15 In October 2009 MHI announced an order for up to 100 regional jets from the United States based airline Trans States Holdings 17 18 MHI entered talks with Hitachi in August 2011 about a potential merger of the two companies in what would have been the largest merger between two Japanese companies in history 19 20 The talks subsequently broke down and were suspended 21 In November 2012 MHI and Hitachi agreed to merge their thermal power generation businesses into a joint venture to be owned 65 by MHI and 35 by Hitachi 22 23 The joint venture began operations in February 2014 and ended in 2020 as Hitachi transferred its shares to MHI 22 23 24 In June 2014 Siemens and MHI announced their formation of joint ventures to bid for Alstom s troubled energy and transportation businesses in locomotives steam turbines and aircraft engines A rival bid by General Electric GE has been criticized by French government sources who consider Alstom s operations as a vital national interest at a moment when the French unemployment level stands above 10 and some voters are turning towards the conservative party 25 GE s proposal ultimately prevailed 26 MHI had entered the high speed train business in 1995 with the manufacture of the MLX01 SCMaglev car a business it exited in 2017 after struggling with the development costs of the Mitsubishi SpaceJet and disagreements with Central Japan Railway Company over the manufacturing costs of the SCMaglev cars 27 In February 2021 MHI sold its machine tools business MHI Machine Tool Co to Nidec 28 Operations Edit Mitsubishi Heavy Industries building in Yokohama Japan Aerospace Edit MHI has aerospace facilities in Nagoya Aichi Komaki Aichi and Mississauga Canada In the 1950s the company began to re enter the aerospace industry in earnest Along with other major Japanese companies it was involved in design and production of the NAMC YS 11 the first Japanese airliner to enter production after World War II 29 In 1956 work started on the design of the Mitsubishi MU 2 which became the company s first postwar aircraft design 30 In the defense sector MHI has produced jet fighters for the Japan Air Self Defense Force and anti submarine helicopters for the Japan Maritime Self Defense Force as well as aero engines missiles and torpedoes It produced North American F 86 Sabre Lockheed F 104 Starfighter and McDonnell Douglas F 4 Phantom II fighters It manufactured 139 Mitsubishi F 15J fighter aircraft from 1981 and produced 200 Sikorsky S 70 family Mitsubishi H 60 helicopters from 1989 in both cases under license production The company also plays an important role in the Japanese Ballistic Missile Defense System program In the space systems sector MHI is the producer of the H IIA and H IIB launch vehicles Japan s main rockets and provides launch services for national institutions and companies around the world The clients include JAXA KARI Mohammed bin Rashid Space Centre and Inmarsat 31 32 33 The company is also involved in the International Space Station program as a cargo spaceship contractor 34 On 1 April 2008 MHI established Mitsubishi Aircraft Corporation as a subsidiary to develop and produce the MRJ or Mitsubishi Regional Jet a 70 to 90 passenger regional airliner MHI is the majority shareholder of the new company with Toyota Motor Corporation owning 10 35 On December 12 2012 MHI acquired Pratt amp Whitney Power Systems the small gas turbine business of United Technologies 36 In the civil aircraft sector MHI develops and manufactures major airframe components including fuselage panels for the Boeing 777 and composite material wing boxes for the 787 citation needed In June 2014 the company joined four other major Japanese companies in signing an agreement to build parts for Boeing s 777X aircraft 37 needs update On 25 June 2019 MHI announced the acquisition of Bombardier Aviation s CRJ programme in a deal expected to close in the first half of 2020 subject to regulatory approval 38 MHI will benefit from Bombardier s global expertise in areas ranging from engineering and certification to customer relations and support boosting its SpaceJet formerly MRJ programme and potentially enabling the SpaceJet to be produced in North America 39 The deal includes two service centres in Canada and two in the US as well as the type certificates for the CRJ 40 Bombardier will retain its assembly facility at Mirabel near Montreal Canada and will continue to produce the CRJ on behalf of MHI until the current order backlog is complete 41 In early May 2020 MHI confirmed that all conditions had been met and that the transaction would be closed on 1 June 42 The acquired aviation unit was then renamed MHI RJ Aviation Group 43 MHI recorded a loss in FY 2020 partly because of the continuous delays of the first delivery of the SpaceJet 44 At the height of the COVID 19 pandemic that crippled the aviation industry MHI decided to put a halt to the project 45 Defense Edit In 2010 MHI commenced production of the Type 10 advanced main battle tank at a cost of 11 3 million per unit to replace the Type 90 tank Energy Edit See also Mitsubishi FBR Systems and Atmea The nuclear business of MHI operates facilities in the cities of Kobe and Takasago in Hyogo Prefecture and in Yokohama Kanagawa Prefecture It also operates a nuclear fuel manufacturing plant in Tōkai Ibaraki which processes 440 Metric tons of Uranium per year MHI has also developed the Mitsubishi APWR design MHI has also signed a memorandum of understanding with Areva for the establishment of a joint venture Atmea for their next reactor design ATMEA1 46 MHI has also been selected as the core company to develop a new generation of Fast Breeder Reactors FBR by the Japanese government 47 After that announcement was made MHI established a new company Mitsubishi FBR Systems Inc MFBR specifically for the development and realization of FBR technology starting what is likely to be the most aggressive corporate venture into FBR and Generation IV reactor technology 48 As of 2015 MHI was developing a 15 8 billion nuclear power plant in Sinop Turkey in partnership with Itochu and Engie which would be its first overseas nuclear project 49 The deal has been officially scrapped in January 2020 after the feasibility of the project was doubted 50 MHI unsuccessfully attempted to acquire the energy business of Alstom in 2014 in order to develop its service network in Southeast Asia MHI remains interested in acquisitions in the crude oil and gas sectors as of 2015 51 Following financial difficulties at Areva MHI announced in 2015 it would make a proposal to take a minority ownership stake in a new entity called inheriting Areva s nuclear reactor business and acquired a 19 stake in the entity in 2017 In 2018 the entity has been named Framatome 52 53 In 2020 MHI eventually acquired Hitachi s gas turbine business unit after the two companies had merged their businesses to form a joint venture 24 Shipbuilding Edit Shipbuilding has been a core and historical founding activity for MHI It was formally started in 1884 when Mitsubishi leased and then acquired the Nagasaki Shipyard amp Machinery Works company founded in 1857 as Nagasaki Yotetsusho Foundry 54 Subsequently Mitsubishi progressively became one of the major Japanese shipbuilding companies building both commercial as well as military ships including the Yamato class battleship Musashi of the Imperial Japanese Navy during World War II MHI has shipbuilding facilities in Nagasaki Kobe and Shimonoseki Japan Nagasaki Shipyard amp Machinery Works 三菱重工長崎造船所 Mitsubishi Juko Nagasaki Zosenjo is the primary shipbuilding division of MHI It primarily produces specialized commercial vessels including LNG carriers and passenger cruise ships 55 On 1 December 2017 MHI announced that it will launch two new wholly owned companies on 1 January 2018 in conjunction with reorganization of its shipbuilding business A new subsidiary Mitsubishi Shipbuilding Co Ltd was created to primarily undertake construction of ships that require intensive outfitting and advanced technologies mainly based on the Yokohama Shimonoseki and Nagasaki shipyards Separately Mitsubishi Heavy Industries Marine Structure Co Ltd will mainly engage in the manufacture of large ships and marine structures 56 In late 2019 MHI exploring a withdrawal from LNG carrier construction started to negotiate with Oshima Shipbuilding to divest its historic shipyard located in Koyagi Nagasaki 57 On 24 December 2019 Mitsubishi Shipbuilding delivered its first fuel gas supply system for a marine LNG engine 58 In June 2020 MHI entered talks with Mitsui Engineering amp Shipbuilding to acquire the latter s naval and patrol ship business The deal would strengthen MHI s defense sector effectively consolidating Japan s defense industry as well The deal is expected to be reached by the end of 2020 with the parties closing the transaction by October 2021 if approved by regulators 59 60 On January 17 2022 the first successful sea voyage of an unmanned fully autonomous vessel was successfully carried out by the Soleil built by MHI The demonstration conducted in cooperation of Shin Nihonkai Ferry 61 sailed 240 kilometres from Shinmoji in Northern Kyushu to the Iyonada Sea over seven hours with a maximum speed of 26 knots 62 Wind power Edit MHI has installed more 3 282 MW worldwide until December 2009 mainly turbines with 1 and 2 4 MW 63 The company is developing 7 MW turbines for offshore wind power Tests are planned for 2013 in Europe 64 On September 27 2013 MHI and Vestas Wind Systems announced a joint venture named MHI Vestas Offshore Wind to develop offshore wind energy based on Vestas V164 8 0MW turbine 65 In 2020 MHI acquired 2 5 of Vestas by transferring its 50 of MHI Vestas to Vestas and receiving 5 million new Vestas shares 66 Products Edit Liftoff of the second flight of the H IIB expendable launch system The Crystal Mover an automated people mover manufactured by MHI for airport and light rail applications Diamond Princess docked in Hobart Australia Mitsubishi F 15J SH 60K MHI s products include Aerospace systems Aircraft Mitsubishi F 1 Mitsubishi F 2 Mitsubishi F 15J Mitsubishi H 60 Mitsubishi MH2000 Mitsubishi MU 2 Mitsubishi MU 300 Diamond Mitsubishi RP 1 Mitsubishi T 2 Mitsubishi Regional Jet Mitsubishi X 2 Shinshin CRJ Series acquired from Bombardier Aerospace models 700 series onward in 2019 and completed mid 2020 renamed as MHI RJ Aviation Group Space launch vehicles H II H IIA H IIB H III N I with license from McDonnell Douglas N II with license from McDonnell Douglas H I with license from McDonnell Douglas Spacecraft and satellites HTV 1 Hayato satellite HYFLEX Kibo ISS module Kounotori 2 Kounotori 3 Kounotori 4 Kounotori 5 Kounotori 6 Kounotori 7 Negai SDS 1 SDS 4 SELENE Waseda SAT2 WINDS Air conditioning and refrigeration systems Defense Armoured fighting vehicles Type 16 maneuver combat vehicle Type 99 155 mm self propelled howitzer Tanks Type 10 Type 90 Kyu maru Type 87 self propelled anti aircraft gun Mitsubishi Type 89 IFV Missiles AAM 1 Japanese missile infrared homing air to air missile AAM 2 all aspect infrared homing air to air missile AAM 3 all aspect infrared homing air to air missile AAM 4 AAM 5 Nike J surface to air missile Type 12 Surface to Ship Missile Type 80 Air to Ship Missile Type 88 Surface to Ship Missile Type 90 Ship to Ship Missile Type 91 Air to Ship Missile Type 93 Air to Ship Missile Warships Atago class destroyer Harushio class submarine Hatakaze class destroyer Kongō class destroyer Kongō class battlecruiser Tachikaze class destroyer Takanami class destroyer Natsushio class submarine Oyashio class submarine Sōryu class submarine Hayabusa class patrol boat Yamato class battleship Unryu class aircraft carrier Torpedoes Desalination equipment Diesel engines Electric buses Energy equipment Fossil fuel electricity generation equipment Boilers Combined cycles 67 Gas turbines 68 Steam turbines 69 Fuel cells Renewable energy equipment Wind turbines 70 Traction batteries 71 Forklifts Industrial machinery Injection molding machine Machine tools Compressors Paper and printing machinery Pepsi Spire Railway vehicles Crystal Mover K stock metro cars with Rotem MTR Manila Metro Rail Transit System Line 3 RT8D5 LRVs with CKD Tatra Traction motors Robots MEISTeR Robot Ships and marine structures Cruise ships Sapphire Princess Diamond Princess M S Amadea M S Asuka II O Mega built as a small cruise ship but was converted into a luxury yacht between 2002 and 2003 AIDAprima 55 AIDAperla Ferries LNG carriers LPG carriers Oil tankers Deep submergence vehicles DSV Shinkai 2000 DSV Shinkai 6500 Chikyu Ocean going Drilling Vessel TurbochargersControversies EditSee also 2019 2020 Japan South Korea trade dispute Mitsubishi Heavy Industries apologized and compensated victims of Chinese forced labor by Japan during World War II in 2015 Yonhap News Agency criticized Mitsubishi for rescuing Chinese victims while turning a blind eye to Korean victims 72 On November 28 2018 MHI was ordered by the South Korea Supreme Court to pay 150m won 133 000 104 000 in compensation to 10 surviving Koreans who were victims of forced labor which the company oversaw during the Japanese occupation of Korea 73 74 Eighteen family members of other victims of the forced labour overseen by MHI who had previously sued sometime before 2008 were now able to receive the compensation as well by the decision 74 All twenty eight plaintiffs had previously filed a lawsuit in Japan but had their lawsuit dismissed by the Supreme Court of Japan in 2008 74 The Japanese government has officially disputed the lawsuit and defined the verdict as a breach of the international law citing the 1965 agreement which was made by the two nations to establish diplomatic relations since all of the problems concerning property rights and interests that had been existed between the two countries and respective peoples thereof during the occupation era have been settled completely and finally 75 During the 2022 Russian invasion of Ukraine MHI refused to join the international community and withdraw from the Russian market Research from Yale University updated on April 28 2022 identifying how companies were reacting to Russia s invasion identified MHI in the worst category of Digging In meaning Defying Demands for Exit companies defying demands for exit reduction of activities 76 Notes Edit a b c d e MHI Announces FY2021 Consolidated Financial Results PDF Corporate Overview Mitsubishi Heavy Industries mhi com Retrieved 2021 12 11 Mitsubishi Heavy Industries Ltd Global Website History Sagamihara Machinery Works Mitsubishi Heavy Industries Ltd Retrieved 2021 06 16 Products Mitsubishi Heavy Industries Ltd Archived from the original on 5 January 2012 Retrieved 27 December 2011 Mitsubishi Heavy Industries Ltd Global Website PRODUCTS Mitsubishi Heavy Industries Ltd Retrieved 2020 07 20 Defense News Top 100 for 2011 Defense News Archived from the original on 6 December 2012 Retrieved 19 July 2012 a b c History Nagasaki Shipyard amp Machinery Works Archived from the original on 2011 08 07 a b Outline Yokohama Machinery Works Archived from the original on 2011 08 07 Outline Shimonoseki Shipyard amp Machinery Works Archived from the original on 2011 08 07 Chapter II The Effects of the Atomic Bombings United States Strategic Bombing Survey a b Brief History Kobe Shipyard amp Machinery Works Archived from the original on 2011 08 07 a b Toma Setsuo 2019 08 27 モーターファン 誌1952年1月号に載った広告 Advertising in the January 1952 issue of Motorfan magazine M Base in Japanese Miki Press Archived from the original on 2019 12 19 nandaumanosuke2 8 January 2021 一昨日掘ったら出てきたシリーズ てきとう 新三菱重工業時代の液化塩素用タンク車タサ2300英文カタログ 日本語版もあったはず Tweet via Twitter Outline Kobe Shipyard amp Machinery Works Archived from the original on 2011 08 07 a b Mitsubishi s rocky road The New York Times 29 January 2005 Retrieved 17 July 2012 Mitsubishi seeks 5 2bn bail out BBC News 28 January 2005 Retrieved 17 July 2012 Mitsubishi announces order for 100 regional jets The Sydney Morning Herald 2 October 2009 Retrieved 17 July 2012 Japan jet business gets boost with big US order Reuters 2 October 2009 Retrieved 17 July 2012 Hitachi Mitsubishi edge towards groundbreaking merger Reuters 4 August 2011 Retrieved 17 July 2012 Shares of Hitachi and Mitsubishi Heavy get merger boost BBC News 4 August 2011 Retrieved 17 July 2012 Mitsubishi Heavy Hitachi shares tumble as merger talks stall Reuters 4 August 2011 Retrieved 17 July 2012 a b Hitachi and Mitsubishi Heavy shares rise after merger BBC News 30 November 2012 Retrieved 11 December 2012 a b MHI Hitachi plan to merge thermal power units to boost overseas sales The Japan Times 30 November 2012 Retrieved 11 December 2012 a b MHPS changing name as Mitsubishi Hitachi part ways in joint venture Power Engineering 2020 04 27 Retrieved 2020 07 20 Jens Hack and Natalie Huet Siemens and Mitsubishi challenge GE with Alstom offer Reuters June 16 2014 GE Completes Acquisition of Alstom Power and Grid Businesses GE News www ge com Retrieved 2020 07 22 Mitsubishi Heavy to back out of maglev train project Japan s Nidec to buy MHI s machine tool unit as it bolsters EV motor business Reuters 2021 02 05 Retrieved 2021 03 30 NAMC YS 11 airliners net Retrieved December 7 2016 Mitsubishi MU 2 airliners net Retrieved December 7 2016 Mitsubishi Heavy Industries Ltd Global Website MHI Receives Order for Satellite Launch Services from EIAST of UAE Mitsubishi Heavy Industries Ltd Retrieved 2020 07 20 UAE s Amal spacecraft rockets toward Mars in Arab world 1st ABC 6 NEWS 2020 07 19 Retrieved 2020 07 20 Inmarsat first customer for new MHI launch vehicle News Inmarsat Retrieved 2020 07 20 May 2020 Tariq Malik 20 20 May 2020 Japanese HTV cargo ship the last of its kind launches to International Space Station Space com Retrieved 2020 07 20 Toyota to sink 67 2 mln in Mitsubishi passenger jet World Biz China Economic Net Archived from the original on 18 May 2011 Retrieved 7 February 2017 United Tech to sell P amp W power systems unit to Mitsubishi Heavy Reuters 12 December 2012 Retrieved 30 April 2021 Boeing enters pact with Japanese consortium for supply of 777X plane parts Chicago Chronicle Archived from the original on 27 July 2014 Retrieved 12 June 2014 Mitsubishi Heavy Industries to Acquire Canadair Regional Jet Program from Bombardier Inc Press release Mitsubishi Heavy Industries 25 June 2019 Hemmerdinger Jon 6 June 2019 ANALYSIS How the CRJ could save the MRJ Flightglobal com Chua Alfred 26 June 2019 Mitsubishi eager to tap into CRJ expertise Flightglobal com Mitsubishi Bombardier reach agreement to acquire CRJ program Leeham News and Analysis 25 June 2019 Hemmerdinger Jon 7 May 2020 Mitsubishi to close CRJ purchase on 1 June Flight Global Mitsubishi Heavy Industries Ltd Global Website Mitsubishi Heavy Industries Ltd and Bombardier Inc have agreed on a June 1 2020 closing date for the transaction pertaining to the acquisition of Canadair Regional Jet Program Mitsubishi Heavy Industries Ltd Retrieved 2020 07 20 Mitsubishi postpones SpaceJet delivery again books 4 5 billion special loss Reuters 2020 02 06 Retrieved 2020 07 22 Shiraki Tim Kelly Maki 2020 10 23 Japan s Mitsubishi Heavy to freeze development of SpaceJet regional jet sources Reuters Retrieved 2020 12 28 JCN Newswire Asia Press Release Distribution Archived from the original on 2 June 2013 Retrieved 7 February 2017 Nuclear power in Japan Archived from the original on 3 March 2008 Retrieved 7 February 2017 JCN Newswire Asia Press Release Distribution Archived from the original on 30 June 2013 Retrieved 7 February 2017 2 Japanese companies aim to fund 30 of Turkish nuclear project Nikkei Asian Review Nikkei 8 June 2015 Retrieved 9 June 2015 Belgium Central Office NucNet a s b l Brussels Turkey Contract For Sinop Nuclear Station Has Been Cancelled The Independent Global Nuclear News Agency Retrieved 2020 07 22 Sekiguchi Keita 6 June 2015 Mitsubishi Heavy opening up coffers for regional jet acquisitions Nikkei Asian Review Retrieved 8 June 2015 MHI prepares bid for stake in Areva s reactor business World Nuclear News 6 November 2015 Retrieved 12 November 2015 MHI agrees to take 19 5 stake in New NP World Nuclear News world nuclear news org Retrieved 2020 07 22 Mitsubishi Shipbuilding Co Ltd Company a b Wright Robert 2016 06 21 Mitsubishi Heavy Industries reviews its future in cruise ships Financial Times ISSN 0307 1766 Retrieved 2016 07 24 Mitsubishi Shipbuilding MHI to Establish Two New Wholly owned Companies under Reorganization of its Shipbuilding Business Retrieved 10 January 2018 Mitsubishi Heavy in talks to sell flagship shipyard in Nagasaki Nikkei Asian Review Retrieved 2020 07 22 Blenkey Nick 2020 01 03 Mitsubishi delivers FGSS for LNG fueled PCC Marine Log Retrieved 2020 07 22 Mitsubishi Heavy says in talks to acquire Mitsui E amp S ship business Reuters 12 June 2020 Retrieved 20 March 2021 Grevatt Jon 15 June 2020 Mitsubishi in position to acquire Mitsui shipbuilding Janes Retrieved 20 March 2021 Emir Can 2022 01 19 The World s First Autonomous Ship Just Finished Its First Run in Japan interestingengineering com Retrieved 2023 02 08 marinecurrentsadmin 2022 01 22 MHI completed demonstration test of fully autonomous ship systems smoothly MarineCurrents Retrieved 2023 02 08 Track Record Mitsubishi Heavy Industries Ltd Archived 2012 11 08 at the Wayback Machine Mhi co jp 2010 05 27 Retrieved on 2013 08 16 Review of Operations Mitsubishi Heavy Industries Ltd Archived 2013 10 02 at the Wayback Machine Mhi co jp Retrieved on 2013 08 16 Vestas Gains on Mitsubishi Heavy Deal for Offshore Wind Bloomberg com 27 September 2013 Retrieved 7 February 2017 via www bloomberg com Foxwell David 29 October 2020 Vestas to acquire offshore JV as it cements future plans with MHI Riviera Archived from the original on 29 October 2020 GTCC Gas Turbine Combined Cycle power plant Mitsubishi Heavy Industries Ltd Archived 2012 01 03 at the Wayback Machine Mhi co jp Retrieved on 2013 08 16 Gas Turbines Mitsubishi Heavy Industries Ltd Archived 2012 02 26 at the Wayback Machine Mhi co jp Retrieved on 2013 08 16 Steam Turbines Mitsubishi Heavy Industries Ltd Archived 2012 02 11 at the Wayback Machine Mhi co jp Retrieved on 2013 08 16 Wind Turbine Generators Mitsubishi Heavy Industries Ltd Archived 2008 05 01 at the Wayback Machine Mitsubishi Heavy to make lithium ion car batteries Archived 2008 01 11 at the Wayback Machine Reuters 23 January 2007 as found at Yahoo Singapore Finance website 중국 노동자 피해보상 미쓰비시 한국 피해자는 외면하나 연합뉴스 24 July 2015 Retrieved 6 March 2023 South Korea orders compsenation for forced labor during Japanese colonial rule The Washington Post The Washington Post a b c Mitsubishi Heavy ordered to compensate forced S Korean war workers BBC News 29 November 2018 Japan Korea and the messy question of how to pay for historic wrongs Los Angeles Times 2019 08 17 Retrieved 2019 09 09 Over 750 Companies Have Curtailed Operations in Russia But Some Remain Yale School of Management Retrieved 28 April 2022 References EditChida Momohei Davies Peter N 1990 The Japanese Shipping and Shipbuilding Industries A History of their Modern Growth London Athlone Press ISBN 978 0 485 11271 9 OCLC 20799046 Kizu Shigetoshi 1984 A 100 Years History of the Ships of Nippon Yusen Kaisha Tokyo NYK ISBN 978 4 905551 20 1 OCLC 16781302 Ponsonby Fane Richard Arthur Brabazon 1935 The Nomenclature of the N Y K Fleet Tokyo NYK OCLC 27933596 Wray William D 1984 Mitsubishi and the N Y K 1870 1914 Business Strategy in the Japanese Shipping Industry Cambridge MA Council on East Asian Studies Harvard University Harvard University Press ISBN 978 0 674 57665 0 OCLC 10825248External links Edit Companies portal Wikimedia Commons has media related to Mitsubishi Heavy Industries Official website WW2DB Mitsubishi Military Aircraft of World War II Retrieved from https en wikipedia org w index php title Mitsubishi Heavy Industries amp oldid 1145611456, wikipedia, wiki, book, books, library,

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