Press Information

MHI Completes Capital-related Measures Affecting Mitsubishi Aircraft Corporation

Mitsubishi Heavy Industries, Ltd.
Mitsubishi Aircraft Corporation
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Tokyo, December 7, 2018 - In conjunction with the capital-related measures affecting its Group company Mitsubishi Aircraft Corporation (Mitsubishi Aircraft) described in the Press Information of October 31, 2018 ("MHI Increases Capital in Mitsubishi Aircraft Corporation"), Mitsubishi Heavy Industries, Ltd. (MHI) has canceled 50 billion yen of the total debt owed to it by Mitsubishi Aircraft and taken over the company's subscription shares in their entirety. As a result of these measures, effective today a capital increase in Mitsubishi Aircraft has been completed in the amount of 170 billion yen.

After the capital increase, Mitsubishi Aircraft's capital and capital reserve each now stand at 135 billion yen. The capital-related measures indicated above will strengthen Mitsubishi Aircraft's business foundation and drive development of the MRJ forward.

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.