"MRJ Business Promotion Committee" Established

Mitsubishi Heavy Industries, Ltd.
Effective November 28, Mitsubishi Heavy Industries, Ltd. (MHI) has established an internal "MRJ Business Promotion Committee" under the direct oversight of the CEO.

The new committee has six members. They include: MHI President and CEO Shunichi Miyanaga serving as committee chairman; Yuichi Shinohara, Deputy Head of the Business Strategy Office, in the office of chief secretariat; and the Chief Financial Officer (CFO), Chief Technology Officer (CTO) et al. The committee will carry out swift decision-making and Groupwide support while working closely with MHI's own Commercial Aviation & Transportation Systems domain and Mitsubishi Aircraft Corporation, aiming toward the steady development of the MRJ (Mitsubishi Regional Jet) and promotion of the MRJ business.

The committee will expeditiously address three specific tasks:
1) determination of issues remaining in the MRJ's development and steady advancement of response measures;
2) preparation of a timetable and structures for achieving the shift to the MRJ's production phase; and
3) formulation of a long-term vision for the commercial aviation business, including the MRJ, and development of young employees Groupwide to drive the business forward.