MHI Completes Partial Transfer including Dock and Quay of Koyagi Plant at Nagasaki Shipyard & Machinery Works to Oshima Shipbuilding

Tokyo, December 27, 2021– Mitsubishi Heavy Industries, Ltd. (MHI) announced today that it had completed some part of the transfer including the dock and quay facility in Koyagi Plant at Nagasaki Shipyard & Machinery Works based on the transfer agreement of the new shipbuilding area at the Plant to Oshima Shipbuilding. As announced on March 30, the plan is to phase out the transfer and to complete within fiscal 2022.

Going forward, MHI Group will continue to maintain its comparative advantage by concentrating its management resources on shipbuilding and marine engineering that will increase added value, aiming to contribute to further develop maritime logistics and the reduce environmental impact on a global scale, for the Company to achieve sustainable business development.