Press Information

Notice Concerning Conclusion of Absorption-type Split Agreement Pertaining to Succession to MHI's Intellectual Properties in Steel and Metal Production Machinery Business by Consolidated Group Company


Tokyo, July 31, 2014 - Mitsubishi Heavy Industries, Ltd. (MHI), at a Board of Directors meeting held today, approved a company split whereby its intellectual properties and related assets, rights and obligations pertaining to its steel and metal production machinery business will be transferred to Mitsubishi-Hitachi Metals Machinery, Inc. (MH), a consolidated group company. Because the split entails transfer to a consolidated group company, the following disclosure contents omit some items and details.