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MHPS to Merge with Babcock-Hitachi In Aim to Bring Enhanced Speed to Business Management

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Yokohama, July 29, 2014 - Effective October 1, Mitsubishi Hitachi Power Systems, Ltd. (MHPS) will integrate with Babcock-Hitachi K.K. (BHK), a Yokohama-based group company handling boilers and air quality control systems (AQCS). The aim of the merger is to bring enhanced speed to business management and achieve greater efficiency and cost competitiveness in order to more swiftly and securely realize synergy merits from the business integration in February 2014 of Mitsubishi Heavy Industries, Ltd. (MHI) and Hitachi, Ltd. Also effective October 1, Mitsubishi Hitachi Power Systems Engineering Co., Ltd. (MHPS Engineering), an MHPS group company based in Yokohama, will merge with Bab-Hitachi Industrial Co., Ltd. (BHIC), a group company of BHK based in Kure, Hiroshima Prefecture.