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Industry & Infrastructure Domain to Launch New Structure on January 1, Completing Business Restructuring Program under 2015 Medium-Term Business Plan

No.2095
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・ Shift of all domain operations to separate business corporations

・ Stronger competitiveness through concentration into core competencies, business consolidation and reorganization

・ Focus on developing growth businesses and achieving stable operations through flexible use of technology, business and human resources

Tokyo, December 1, 2017 - Since April, Mitsubishi Heavy Industries, Ltd. (MHI) has been reorganizing its domains with the aims of pursuing group synergies and radically reforming its commercial aircraft and commercial ship businesses, in a quest to strengthen its global competitiveness and engineering operations. The Industry & Infrastructure domain, in addition to taking steps to reinforce the machinery and equipment system operations already in place, has now taken charge of strengthening engineering operations and reforming the commercial ship business, and is carrying out reforms of the businesses under its oversight.

To carry out the business reforms in the Industry & Infrastructure domain further, on January 1, 2018 three new companies will be launched to oversee engineering operations and the commercial ship business, thereby completing the transformation of all operations in the domain to individual business corporations. The latest initiative will also bring to completion the structural reform program for the Industry & Infrastructure domain hoisted in the three-year 2015 Medium-Term Business Plan, focused on concentration into core competencies as a way of achieving sustained business growth. Going forward, under the new business structure the various businesses will pursue further growth in their respective areas. Efforts will focus especially on developing growth businesses by strengthening competitiveness through business consolidation and reorganization, and undertaking stable business operation through flexible use of technology, business and human resources.

New Business Structure of Industry & Infrastructure Domain, as of January 2018

Business Company Products and Services Head Office Representative
Mitsubishi Shipbuilding Co., Ltd. Ship engineering, ships (ferries, cargo and passenger ships, RO/RO*1 ships, special-purpose vessels, patrol vessels, etc.) Mitsubishijuko Yokohama Bldg., 3-1, Minatomirai 3-chome, Nishi-ku, Yokohama, Kanagawa Koji Okura,
President & CEO
Mitsubishi Heavy Industries Marine Structure, Co., Ltd. Construction of large ships, manufacture and repair of marine structures 180, Koyagi-machi, Nagasaki City, Nagasaki Kunio Shiiba, President & CEO
Mitsubishi Heavy Industries Engineering, Ltd. EPC*2 and O&M*3 of chemicalplants, transportation system products, etc. Mitsubishijuko Yokohama Bldg., 3-1, Minatomirai3-chome, Nishi-ku, Yokohama, Kanagawa Shigehisa Kobayashi, President & CEO
  Mitsubishi Heavy Industries Environmental &Chemical Engineering Co., Ltd. EPC and O&M of waste-to-energy systems and various environmental facilities Yokohama Blue Avenue Bldg., 4-4-2, Minatomirai,Nishi-ku, Yokohama, Kanagawa George Kanno, President & CEO
Mitsubishi Heavy Industries Transportation EquipmentEngineering & Service Co., Ltd. Transportation systems, passenger boarding bridges,platform screen doors and transportation systems (after-sale servicing) 1-1, Itosakiminami 1-chome, Mihara, Hiroshima Kazuhide Sakamoto, President & CEO
Mitsubishi Heavy Industries Forklift, Engine &Turbocharger Holdings, Ltd. (M-FET) Oversight of material handling equipment, engines &energy, and turbocharger businesses 1-2 Shin-Ogura, Saiwai-ku, Kawasaki-shi, Kanagawa Atsushi Maekawa, President & CEO
  Mitsubishi Logisnext Co., Ltd. Forklift trucks, automated warehouses and othermaterial handling equipment 2-1-1 Higashikotari, Nagaokakyo-shi, Kyoto Takashi Mikogami, President & CEO
Mitsubishi Heavy Industries Engine & Turbocharger,Ltd. Engines & energy, and turbochargers 3000, Tana, Chuo-ku, Sagamihara, Kanagawa Yoshiyuki Hanasawa, President & CEO
Primetals Technologies, Limited Metals machinery (full range of lines across the entire value chain from rawmaterials to finished products) Building 11 Chiswick Park, 566 Chiswick High Road,London W4 5YA, United Kingdom Yasukuni Yamasaki, CEO and Chairman of the Board
Mitsubishi Heavy Industries Thermal Systems, Ltd. Air-conditioning & refrigeration products:
Residential and commercial-use air-conditioners,centrifugal chillers, heat pump products, transport refrigeration systems,automotive thermal & air-conditioning systems
16-5, Konan 2-chome, Minato-ku, Tokyo Kaoru Kusumoto, President & CEO
Mitsubishi Heavy Industries Machinery Systems, Ltd. Intelligent transport systems (ITS), machinery systems,steel structure plants, mechanical parking systems, food & packagingmachinery, newspaper offset presses, paper converting machinery 1-1, Wadasaki-cho 1-chome, Hyogo-ku, Kobe Mamoru Hasegawa, President
Mitsubishi Heavy Industries Machine Tool Co., Ltd. Machine tools and precision cutting tools 130, Roku-jizo, Ritto, Shiga Keiichiro Iwasaki, President

[Notes]
*1: RO/RO (roll-on/roll-off) ship: a cargo ferry equipped with a ramp connecting the hull with the pier, enabling cargo-laden trucks to drive directly on and off the ship
*2: EPC: engineering, procurement, and construction
*3: O&M: operation & maintenance


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.