Mitsubishi Heavy Industries
Mitsubishi Heavy Industries, Ltd (MHI) (三菱重工業, Mitsubishi Jūkōgyō) TYO: 7011 is a Japanese company. It is one of core companies of Mitsubishi Group.
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History
In 1870 Yataro Iwasaki, the founder of Mitsubishi took a lease of Government-owned Nagasaki Shipyard. He named it Nagasaki Shipyard & Machinery Works, and started the shipbuilding business on a full scale.This shipbuilding business was later turned into Mitsubishi Shipbuilding Co., Ltd., and was again launched as Mitsubishi Heavy- Industries, Ltd. in 1934, establishing its position as the largest private firm in Japan, manufacturing ships, heavy machinery, airplanes, and railroad cars.Following the end of World War II, a law aimed at dissolving "zaibatsu" or Nagasaki Shipyard &Machinery Works dismantling the over concentration of economic power was in effect. Thus, in 1950, MHI was divided into three entities: West Japan Heavy-Industries, Ltd., Central Japan Heavy-Industries, Ltd. and East Japan Heavy-Industries, Ltd. It was later consolidated in 1964 and reborn as Mitsubishi Heavy Industries, Ltd.
First President Yataro Iwasaki In 1970, MHI's automobile department became independent and Mitsubishi Motors began manufacturing and marketing automobiles.Integrating each company's management and technical expertise and enhancing competitiveness in domestic and international markets, MHI has come a long way.
Product lines
- Shipbuilding / Marine structures
- Steel structures and construction
- Power systems
- Nuclear energy systems
- Machinery
- Forklifts
- Aerospace
Manufactures the first and second stage systems and solid strap-on boosters for the H-IIA F7.
- General machinery
- Air conditioning and refrigeration systems
- Industrial machinery
- Paper and printing machinery
- Machine tool
- Light rail vehicles
Technology
Investor information
Shareholders
Major Shareholders (as of March 31, 2005):
- Japan Trustee Services Bank, Ltd. (Holder in Trust) (4.85%)
- The Master Trust Bank of Japan, Ltd. (Holder in Trust) (4.07%)
- The Master Trust Bank of Japan, Ltd. (Holder in Retirement Benefit Trust for The Bank of Tokyo-Mitsubishi, Ltd.) (3.72%)
- Meiji Yasuda Life Insurance Company (2.37%)
- Tokio Marine & Nichido Fire Insurance Co., Ltd. (1.87%)
- State Street Bank and Trust Company (505103) (1.80%)
- The Master Trust Bank of Japan, Ltd. (Holder in Retirement Benefit Trust for The Mitsubishi Trust and Banking Corporation) (1.36%)
- The Bank of New York. Treaty Jasdec Account (0.99%)
- Mitsubishi Heavy Industries Employee Shareholding Association (0.96%)
- BNP Paribas Securities (Japan), Ltd. (0.93%)
Clients
External links
- Company website (in Japanese)
- Company website (in English)
Categories
Companies listed on the Tokyo Stock Exchange | Companies headquartered in Tokyo | Mitsubishi companies | Aircraft manufacturers of Japan | Aircraft engine manufacturers | Shipbuilding companies of Japan | Rail vehicles manufacturers | Forklift truck manufacturers