Notice Concerning the Results of Tender Offer for Shares of Toyo Engineering Works, Ltd.

Tokyo, July 12, 2013 - Mitsubishi Heavy Industries, Ltd. (hereinafter the "Tender Offeror") resolved at its Board of Directors' meeting held on May 30, 2013 that it would make a tender offer (hereinafter the "Tender Offer") for the common shares in Toyo Engineering Works, Ltd. (listed on the Second Section of Tokyo Stock Exchange, Inc. under the code number 6443) and commenced the Tender Offer on May 31, 2013. The Tender Offer was completed on July 11, 2013, and the Tender Offeror hereby announces the results thereof, as attached.