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Update on Conclusion of Absorption-type Company Split Agreement on Transfer of Air-Conditioning & Refrigeration Business to Wholly Owned Subsidiary

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Profile of the Successor Company Post-Split
  Successor Company
(1) Name Mitsubishi Heavy Industries Thermal Systems, Ltd.
(2) Head office 16-5, Konan 2-chome, Minato-ku, Tokyo, Japan
(3) Representative Kaoru Kusumoto, President & CEO
(4) Business Business related to design, manufacture, procurement, quality assurance, sales and after-sales services of air-conditioning & refrigeration systems (including ancillary business)
(5) Capital 12,000 million yen
(6) Fiscal year end March 31