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MHI to Spin Off Small-scale Gasoline Engine Business
-- New Company "Mitsubishi Heavy Industries Meiki Engines" to Launch on October 1 --

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Profile of the New Company
Name Mitsubishi Heavy Industries Meiki Engines Co., Ltd. (MHIM)
Head office 1, Takamichi, Iwatsuka-cho, Nakamura-ku, Nagoya, Aichi Pref.
President & CEO Hiroshi Sugita
Business scope Development, manufacture, marketing and servicing of small air-cooled gasoline engines and related products
Employees Approx. 200
Capitalization 300 million yen
Launch date October 1, 2017