In its long journey together with customers, partners, other individuals and societies since its foundation in 1884, Mitsubishi Heavy Industries (MHI) has sought to pioneer new approaches in manufacturing. These efforts have yielded many products that have enriched the lives of people around the world, and through them MHI has contributed to the development of societies.
In recent years, China, India and other emerging nations have shown remarkable growth and are expanding their presence in the global market, while the shale revolution has transformed the recovery and growth of the U.S. economy. If the MHI Group is to establish its value to society in this environment, we must maintain all aspects of our operations - our technological capabilities, price competitiveness, customer services and earning strength - at a top level internationally.
The MHI Group's turnover stands at approximately 3 trillion yen. However, to build new platforms for corporate development and social contribution as a manufacturer that supports the foundations of society and industry, we are striving to become a high-revenue enterprise with a global market presence on a business scale of 5 trillion yen.
To maximize the powerful synergy of the MHI Group, we have reorganized our 700 products into four business domains (divisions): "Energy & Environment," "Commercial Aviation & Transportation Systems," "Integrated Defense & Space Systems," and "Machinery, Equipment & Infrastructure." We are also reorganizing our management structure to ensure each domain actively expands its business based upon its own optimal business strategy.
Accordingly, it is important for us to adopt a stance of flexibly incorporating that which we require and concepts from external sources that will benefit us, and to shift to global standards of thought and techniques, while still maintaining a corporate culture that affirms the high technological level and constant drive for improvement that embody the strengths of the MHI Group.
We will also aim to make the most of our strengths by working with excellent partners to nurture our business growth, both in terms of size and profitability.
We express our value to society through our CI statement, "Our Technologies, Your Tomorrow."
Every member of the MHI Group shares the firm intention to "continuously provide an assured future where people can live safe, secure and enriched lives through technologies that can excite people and passion as a manufacturer for the sustainability of the earth and humankind."
Inspired by the strong passion of our CI statement, we have taken up the challenge of transforming ourselves into a company with a truly global presence.
Please continue to support the MHI Group in this goal
Shunichi MiyanagaPresident and CEO