Press Information

MHI to Conclude Absorption-type Company Split Agreement on Transfer of Machine Tools Business to Wholly Owned Subsidiary


Tokyo, July 31, 2015 - As announced on May 26, in October Mitsubishi Heavy Industries, Ltd. (MHI) will be transferring its machine tools business to Mitsubishi Heavy Industries Machine Tool Sales Co., Ltd. (MHI-MTS), a wholly owned subsidiary. Today, MHI took the formal decision to conclude an absorption-type company split agreement with MHI-MTS enabling the business transfer as per the attached document.