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Mitsubishi Heavy Industries Ltd (7011.T)

7011.T on Tokyo Stock Exchange

438JPY
26 May 2017
Change (% chg)

¥-6 (-1.46%)
Prev Close
¥445
Open
¥445
Day's High
¥445
Day's Low
¥438
Volume
12,758,000
Avg. Vol
18,858,719
52-wk High
¥571
52-wk Low
¥367

Latest Key Developments (Source: Significant Developments)

Mitsubishi Heavy Industries says integration of rubber and tire machinery business
Wednesday, 24 May 2017 02:29am EDT 

May 24(Reuters) - Mitsubishi Heavy Industries Ltd <7011.T>:Says it will integrate rubber and tire machinery business in .Mitsubishi Heavy Industries Mechatronics Systems, Ltd. (MHI-MS), Mitsubishi Heavy Industries Printing & Packaging Machinery, Ltd. and Mitsubishi Heavy Industries Machinery Technology Corporation (MHIMT).Says the wholly owned unit MHI-MS will take over printing machinery, paper converting machinery, rubber and tire machinery and accelerator related business, on Oct.1 .Says it will set up a new company .Says the new company will take over food packaging machines related business on Oct.1, 2018.  Full Article

Mitsubishi Heavy Industries and Imabari Shipbuilding joining to develop self-navigation systems - Nikkei
Thursday, 4 May 2017 01:06pm EDT 

May 4 (Reuters) - Nikkei::Mitsubishi Heavy Industries and Imabari Shipbuilding are joining to develop self-navigation systems and other technology - Nikkei.New organization to develop self-navigation systems and other technology will be established as early as summer - Nikkei.Japan Marine United, Mitsui Engineering & Shipbuilding and Kawasaki Heavy Industries to also participate in developing self-navigation systems - Nikkei.Shipping companies including Mitsui O.S.K. Lines and Nippon Yusen are expected to participate in developing self-navigation systems - Nikkei.  Full Article

Ana Holdings to lease four Boeing 737-800 jets with catalog price of $98.1 mln - Nikkei
Thursday, 6 Apr 2017 01:18pm EDT 

Nikkei:Ana Holdings to lease four Boeing 737-800 jets; Planes have catalog price of $98.1 million, with annual leasing fee estimated over $4 million - Nikkei.  Full Article

Japan Nuclear Fuel and Mitsubishi Heavy Industries' deal on Areva NewWCo takes effect
Tuesday, 21 Mar 2017 03:48am EDT 

Areva : Company says agreements with JNFL and MHI take effect today . Areva said last month that Japan Nuclear Fuel Limited and Mitsubishi Heavy Industries (MHI) <7011.T> had agreed to buy a combined 10 percent stake in nuclear fuel group NewCo for 500 million euros ($538 million). . The state-owned company also said that the capital of NewCo - which is being split off from Areva in a government-led rescue - remained open to other strategic investors for investment within the same framework as the agreements currently being finalized. Further company coverage: [AREVA.PA] ((sudip.kargupta@thomsonreuters.com;)).  Full Article

Southern California Edison- Edison international's units got decision from ICC international court of arbitration on claims against Mitsubishi Heavy
Monday, 13 Mar 2017 06:01pm EDT 

Mitsubishi Heavy Industries Ltd <7011.T>: Southern California Edison-Edison international's units got decision from ICC International court of arbitration on claims against Mitsubishi heavy . Southern California Edison-decision from ICC regarding failure of replacement steam generators MHI supplied for san onofre nuclear generating station . Southern California Edison Co - arbitration tribunal, in a 2-1 decision, found mhi liable for breach of contract but rejected claimants' other claims . Southern California-tribunal awarded claimants $125 million, SCE's share $98 million, in damages - sec filing .Southern California Edison co - tribunal ordered claimants to pay MHI $58 million for legal costs, SCE's share was $45 million.  Full Article

MHI Vestas to hire 414 additional employees in Denmark
Monday, 6 Mar 2017 01:15am EST 

MHI Vestas Offshore Wind, a joint venture between Denmark's Vestas Wind Systems and Japan's Mitsubishi Heavy Industries <7011.T>, : Says is now recruiting 414 additional employees at its nacelle and blade factories in Lindo and Nakskov, Denmark . "The additional positions are a positive reflection of the market's increasing interest in the 8 MW platform and MHI Vestas in general," CEO Jens Tommerup says Further company coverage: [VWS.CO][7011.T] (Copenhagen newsroom) ((copenhagen.newsroom@thomsonreuters.com; +45 33 96 96 55;)).  Full Article

Hisakazu Mizutani to become president of Mitsubishi Aircraft on April 1- Nikkei
Thursday, 2 Feb 2017 04:43pm EST 

Nikkei:Hisakazu Mizutani, executive vice president, to become president of Mitsubishi Aircraft on April 1 replacing current president Hiromichi Morimoto- Nikkei.  Full Article

Mitsubishi Heavy Industries appoints KPMG AZSA as new corporate auditor
Wednesday, 1 Feb 2017 11:59pm EST 

Mitsubishi Heavy Industries Ltd <7011.T> :Appoints KPMG AZSA LLC as new corporate auditor, to replace Ernst & Young ShinNihon LLC, effective on June 22.  Full Article

MHI Vestas wins record order for 450 MW DONG Energy project in Germany
Friday, 13 Jan 2017 09:19am EST 

MHI Vestas Offshore Wind : Says wins order for the 450 megawatt Borkum Riffgrund 2 project in Germany . Says orders is the largest order ever for the joint venture between Mitsubishi Heavy Industries <7011.T> and Vestas Wind Systems . Says order is for the V164-8.0 MW turbine with a five-year service contract . Says turbines will be able to deliver a maximum output of 8.3 megawatts . The order is the third from DONG Energy for the V164-8.0 MW following Burbo Bank Extension (258 MW) and Walney Extension (330 MW) and brings the order pipeline with DONG Energy to over 1 gigawatt . Says wind farm is expected to be fully installed and commissioned in first half of 2019 . DONG Energy said in a separate announcement on Friday that it had received permit to continue to build the Borkum Riffgrund 2 [FWN1F30NX] Further company coverage: [VWS.CO] (Copenhagen newsroom) ((copenhagen.newsroom@thomsonreuters.com; +45 33 96 96 03;)).  Full Article

Kobe Diesel updates business integration plan with Mitsubishi Heavy Industries Marine Machinery& Engine
Monday, 26 Dec 2016 01:20am EST 

Kobe Diesel Co Ltd <6016.T>: Says the co entered into agreement with Mitsubishi Heavy Industries Marine Machinery& Engine Co., Ltd.(MHI-MME) on marine diesel engines business integration . Says the co will take over the marine diesel engines business from MHI-MME on April 1, 2017 .Says previous plan disclosed on Nov. 10.  Full Article

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BRIEF-Mitsubishi Heavy Industries and Imabari Shipbuilding joining to develop self-navigation systems - Nikkei

* Mitsubishi Heavy Industries and Imabari Shipbuilding are joining to develop self-navigation systems and other technology - Nikkei