Mitsubishi Heavy Industries
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| Mitsubishi Heavy Industries, Ltd 三菱重工業 |
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| Type | Public (TYO: 7011 ) |
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| Founded | 1934, 1964 |
| Headquarters | 5-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo 100-8315 Japan |
| Key people | Takashi Nishioka (Chairman) Kazuo Tsukuda (President) Junichi Maezawa (VP) |
| Area served | Global |
| Revenue |  ¥2,792.1 billion (2006) |
| Net income | ¥29.8 billion (2006) |
| Employees | 63,500 |
| Divisions | Marine Vessel and Ocean Power Engine Machinery and Iron Structure Aviation and Space Medium-size Product The Others |
| Website | MHI-ir.jp |
Mitsubishi Heavy Industries, Ltd (MHI) (三菱重工業, Mitsubishi Jūkōgyō) TYO: 7011 is a Japanese company. It is one of the core companies of Mitsubishi Group.
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[edit] 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.
In 1970, MHI's automobile department became independent and Mitsubishi Motors began manufacturing and marketing automobiles.
[edit] Product lines
- Shipbuilding / Marine structures
- Steel structures and construction
- Power systems
- Turbochargers
- Nuclear energy systems
- Machinery
- Forklifts
- Aerospace
- Prime contractor for the H-IIA launcher system.
- General machinery
- Air conditioning and refrigeration systems
- Industrial machinery
- Paper and printing machinery
- Machine tool
- Light rail vehicles
[edit] Technology
[edit] Investor information
[edit] 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%)
[edit] Clients
[edit] External links
- Company website (in Japanese)
- Company website (in English)
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Categories: Companies listed on the Tokyo Stock Exchange | Industrial company stubs | Japanese company stubs | Companies headquartered in Tokyo | Mitsubishi companies | Aircraft manufacturers of Japan | Aircraft engine manufacturers of Japan | Shipbuilding companies of Japan | Rail vehicles manufacturers | Forklift truck manufacturers
