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MHI to Integrate 8 Group Companies Handling Businesses Related to Factory & Facility Management, Construction and Real Estate
-- Target on More Advanced and Improved Operations Through Standardization from Nationwide Organizational Unification --
-- Target on More Advanced and Improved Operations Through Standardization from Nationwide Organizational Unification --
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Tokyo, October 29, 2015 - Effective January 1, 2016, Mitsubishi Heavy Industries, Ltd. (MHI) will launch Ryoju Facility and Properties Co., Ltd., a wholly-owned subsidiary of MHI, through integration of eight MHI Group companies that are presently handling businesses related to factory & facility management, construction and real estate. The consolidation move is part of MHI's current structural reform program of its corporate functions. Through nationwide integration, MHI aims to further promote interdivisional coordination, operational advancement and efficiency improvement in the provision of services.
After its launch, the new company will proceed to make optimally effective use of the resources owned by its component companies, strengthen operational management by commoditizing technical and management know-how, and further increase and expand its contributions to core businesses conducted by MHI's Group companies. MHI plans to coordinate closely with the new firm and fully support its activities.
Group Companies (wholly-owned) To Be Integrated
| Category | Company name | Head office location |
| Wholly-owned subsidiary of MHI | Ryoju Estate Co., Ltd. | Minato-ku, Tokyo |
| Nagoya Ryoju Estate Co., Ltd. | Minato-ku, Nagoya | |
| Kinki Ryoju Estate Co., Ltd. (to be absorbed) | Hyogo-ku, Kobe | |
| Hiroshima Ryoju Estate Co., Ltd. (to be absorbed) | Nishi-ku, Hiroshima | |
| Nishinihon Ryoju Estate Co., Ltd. (to be absorbed) | Nagasaki City |
| Category | Company name | Head office location |
| Others | Ryosei Service Co., Ltd. | Kanagawa-ku, Yokohama |
| MHI General Services Co., Ltd. (to be absorbed) | Hyogo-ku, Kobe | |
| Nagasaki Ryoko Service Co., Ltd. (to be absorbed) | Nagasaki City |
Outline of Newly Launching Integrated Company (subject to change)
Company name: Ryoju Facility & Properties Co., Ltd.
Businesses: Design, implementation and supervision of civil engineering and construction works; sale of houses; house construction and housing land development; rental and management of office buildings, apartments, etc.; real estate purchasing, sales and rental; management, operation and maintenance of MHI welfare facilities; entrusted management of property, etc.; management of nursing and personal care facilities, etc.; sale and mediation of commodities
Head office location: 5-34-6, Shiba, Minato-ku, Tokyo
Branch offices: Chubu, Kinki, Hiroshima and Nishinihon Offices
President: Kenichi Okubo (currently president of Ryoju Estate Co., Ltd.)
Capital: 250 million yen
Ownership: 100% owned by Mitsubishi Heavy Industries, Ltd.
Employees: approximately 2,000
About MHI Group
Mitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com.