In 1950, adhering to a law that forbade over concentration of economic power MHI was dismantled into West Japan Heavy Industries Ltd., Central Japan Heavy Industries Ltd. and East Japan Heavy Industries Ltd. It was not until 1964 that MHI was reconsolidated and grew to become the world’s leading heavy machineries producer. In 1970 MHI’s automobile division was separated to form Mitsubishi Motors Ltd. but MHI grew unperturbed.
MHI is a Fortune 500 company.
Activities
MHI is one of the first and foremost heavy machinery manufacturing companies of Japan and a pioneer and leader of a very large variety of heavy machinery goods:- Shipbuilding and marine structures
The products and services covered under this business segment are –
- Shipbuilding
- Ship repairing and conversion
- Marine structures
- Marine development equipment
- Technical services
- Various automated systems
- Power Systems
Fossil fuel /Combined cycle power plants
Geothermal power plants
Wind turbine plants
Photovoltaic power system
Fuel cells
Marine engines
Marine machinery
Diesel/Gas engines
- Nuclear energy systems
Nuclear power plants
Advanced reactor
Nuclear fuel
Nuclear fuel cycle equipment
- Machinery and steel structures
Environmental systems
Transportation Systems
Automotive systems
Machinery and equipment for semiconductor and flat panel display
Compressors and mechanical drive turbines
General machinery
Chemical plants
Metals machinery
Steel products
Steel bridges
Vertical parking garages
- Aerospace
Aircraft
Aeroengines
Guided weapon systems
Space equipment
Applied products
- General machinery and special vehicles
Engines and equipment
Turbochargers
Physical distribution equipment
Construction machinery
Special vehicles
- Air conditioning and refrigeration systems
Commercial use air conditioners
Residential use air conditioners
Automotive thermal systems
Applied refrigeration use machines
Transport refrigeration units
Centrifugal & absorption liquid chillers
Air conditioning and refrigerating plants
- Paper and printing machinery
Printing machinery
Pulp and paper machinery
Paper converting machinery
- Machine tools
Gear-cutting machine and special purpose machine
General purpose machine tools
Precision machinery products
Performance:
In fiscal 2006 MHI recorded revenues of ¥ 2,792,109 million which was approximately 7.8 % higher than what it was in the last fiscal. The total value of the assets held by MHI in fiscal 2006 was ¥ 4,047,122 million which was approximately 5.6 % higher than what it was in the last fiscal.- Energy and Electric Systems The products covered under this business segment range from heavy electrical equipment for industrial application to light biometric devices for finger printing.
- Electronic Devices The products covered under this business segment range from power modules to optical devices and printed circuit boards.
- Industrial Automation Systems The products covered under this business segment range from programmable logic controllers to uninterrupted power supply devices and industrial robots
- Home Appliances The products covered under this business segment range from color TVs to refrigerators and microwave ovens
- Information and Communications The products covered under this business segment range from wireless communication equipment to artificial satellites and data transmission devices
Performance:
In fiscal 2006 Mitsubishi Electric recorded revenues of ¥ 3,604,185 million which was approximately 6 % higher than what it was in the last fiscal.The total value of the assets held by Mitsubishi Electric in fiscal 2006 was ¥ 3,313,742 million which was approximately 4 % higher than what it was in the last fiscal.
Value of assets over the last 2 fiscals (In million ¥)
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Infrastructure and CSRMHI’s manufacturing and servicing units and R&D centers are spread out allover the world. MHI adheres to and contributes toward the development of sustainable technologies globally.OrganizationMHI is headed by Mr. K. Tsukuda who is the President the company.MHI employs over 32,000 employees worldwide. |
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MHI’s net income in fiscal 2006 was ¥ 29,817 million which was approximately 636.2 % higher than what it was in the last fiscal.
Net income growth over the last 2 fiscals (In billion ¥) 
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MHI’ head offices are located at :Shinagawa,16-5 Konan 2-chome, Minato-ku, Tokyo Mitsubishijuko Yokohama Yokohama Bldg., 3-1, Minatomirai 3-chome, Nishi-ku, Yokohama Website: www.mhi-ir.jp |
