Mitsubishi Heavy Industries
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| Mitsubishi Heavy Industries, Ltd 三菱重工業 |
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| Type | Public (TYO: 7011) |
| Founded | 1934, 1964 |
| Headquarters | 16-5, Kounan 2-chome, Minato-ku, Tokyo 108-8125 Japan |
| Area served | Global |
| Key people | Takashi Nishioka (Chairman) Kazuo Tsukuda (President) Junichi Maezawa (VP) |
| 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.co.jp |
Mitsubishi Heavy Industries, Ltd (三菱重工業株式會社 Mitsubishi Jūkōgyō Kabushiki-kaisha?) 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 and Businesses
- Aerospace Systems.
- Facilities Nagoya Aerospace Systems, Aichi, Nagoya Guidance & Propulsion Systems, Aichi.
- Shipbuilding / Marine structures.
- Facilities Nagasaki, Nagasaki,Kobe,Shimonoseki, Yamaguchi.
- Steel structures and construction.
- Power systems and traction batteries.
- Facilities Takasago, Hyogo,Kobe.[1]
- Turbochargers.
- Machinery.
- Forklifts.
- Aerospace.
- Military Combat Tanks.
- Facilities Sagamihara.
- 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] Aerospace systems
As the leading company of the Japan's aerospace industry, Mitsubishi Heavy Industries(MHI) has been engaged in the development and production of a wide variety of aerospace products and thus contributed to the advancement of Japan, a technology-oriented nation, through its cutting-edge technologies.
In the defense sector, MHI has consistently produced jet fighters for Japan Air Self-Defense Force and anti-submarine helicopters for Japan Maritime Self-Defense Force, as well as various other products, such as aero-engines, missiles and torpedoes. The company also plays an important role in the Ballistic Missile Defense System program. In addition, MHI is preparing itself to respond to the needs of the joint operation capabilities.
In the civil aircraft sector, MHI takes charge of the development and manufacture of major airframe components, including fuselage panels for Boeing 777 and composite-material wing boxes for the 787. In the space systems sector, MHI is the producer of the H-2A launch vehicle, Japan's main rocket, and now provides launch services to JAXA for H-2A launches. The company is also involved in the international space station program.
[edit] Nuclear energy systems
- See also: Mitsubishi FBR Systems
- See also: Atmea
The nuclear business of MHI operates facilities Kobe,Yokohama, Kanagawa,Takasago, Hyogo. 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, which, as of July 2007, has been selected for use in two sites in Japan and the United States. MHI has also signed a memorandum of understanding with Areva for the establishment of a joint venture for their next reactor design.[2]
MHI has also been selected as the core company to develop a new generation of Fast Breeder Reactors (FBR) by the Japanese government.[3] After that announcement was made, MHI established a new company, Mitsubishi FBR Systems, Inc. (MFBR) specifically for the development and realization for FBR technology, starting what is likely to be the most aggressive corporate venture into FBR and Generation IV reactor technology.[4]
[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
- Boeing
- MTR
- SBS Transit
- Singapore Changi Airport
- Washington Dulles International Airport
- Milwaukee Brewers/Miller Park retractable roof
- Rolls-Royce
[edit] See also
- Mitsubishi Dynaboars - rugby team
- Urawa Red Diamonds - soccer team
- Nickel metal hydride battery
- Sanyo
[edit] Notes
- ^ "Mitsubishi Heavy to make lithium ion car batteries", Reuters, 23 January 2007, as found at Yahoo! Singapore Finance website
- ^ AREVA and MHI Sign Memorandum of Understanding on the Establishment of a Joint Venture for Their New Reactor
- ^ Nuclear power in Japan
- ^ MHI Establishes New Company for FBR Development
[edit] External links
- Company website (in Japanese)
- Company website (in English)
- WW2DB: Mitsubishi Military Aircraft of World War II
