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Mitsubishi Heavy Industries





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  Company Name Mitsubishi Heavy Industries, Ltd<br>三菱重工業
  Company Logo
  Company Type Public ()
  Foundation 1934, 1964
  Location 5-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo 100-8315 Japan
  Key People Takashi Nishioka ''(Chairman)''<br>Kazuo Tsukuda ''(President)''<br>Junichi Maezawa ''(VP)''
  Area Served Global
  Divisions Marine Vessel and Ocean<br>Power Engine<br>Machinery and Iron Structure<br>Aviation and Space<br>Medium-size Product<br>The Others
  Revenue ¥2,7921&nbspbillion (2006)
  Net Income ¥298&nbspbillion (2006)
  Num Employees 63,500


is a Japan ese company. It is one of the core companies of Mitsubishi Group .


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.


PRODUCT LINES AND BUSINESSES

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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-IIA launch vehicle, Japan's main rocket, and is now preparing for the commencement of its launch services. The company is also involved in the international space station program.


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.http://www.japancorp.net/Article.Asp?Art_ID=14804

MHI has also been selected as the core company to develop a new generation of , 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.http://www.japancorp.net/Article.Asp?Art_ID=14745


TECHNOLOGY



INVESTOR INFORMATION


Shareholders

Major Shareholders (as of March 31, 2005):


CLIENTS



SEE ALSO



NOTES



EXTERNAL LINKS