Edition:
United States

Mitsubishi Heavy Industries Ltd (7011.T)

7011.T on Tokyo Stock Exchange

4,120JPY
22 Nov 2017
Change (% chg)

¥-18 (-0.43%)
Prev Close
¥4,138
Open
¥4,130
Day's High
¥4,138
Day's Low
¥4,090
Volume
2,291,300
Avg. Vol
1,524,710
52-wk High
¥5,714
52-wk Low
¥4,083

Latest Key Developments (Source: Significant Developments)

Mitsubishi Heavy Industries to transfer business to units
Monday, 31 Jul 2017 01:02am EDT 

July 31(Reuters) - Mitsubishi Heavy Industries Ltd <7011.T>:Says it will transfer shipbuilding and ocean business, chemical plants and traffic products related engineering business, and hydraulic machinery related quality assurance, procurement function and manufacturing capabilities business to wholly owned units .Effective Jan. 1, 2018.  Full Article

Mitsubishi Nichiyu Forklift to change name
Thursday, 13 Jul 2017 05:22am EDT 

July 13 (Reuters) - Mitsubishi Nichiyu Forklift Co Ltd <7105.T>:Says it plans to change company name to Mitsubishi Logisnext Co., Ltd. after business integration.Says expected effective date is Oct. 1.Says previous news was disclosed on May 12.  Full Article

Mitsubishi Nichiyu Forklift acquires six units
Monday, 26 Jun 2017 05:13am EDT 

June 26 (Reuters) - Mitsubishi Nichiyu Forklift Co Ltd <7105.T>:Says six wholly owned units of UniCarriers Corporation <<>> became co's units on June 26.Says co acquired UniCarriers in January .  Full Article

MHI Vestas charters vessel to transport V164 turbine components
Monday, 12 Jun 2017 04:16am EDT 

June 12 (Reuters) - MHI VESTAS, A JOINT VENTURE OF DENMARK'S VESTAS WIND SYSTEMS A/S AND JAPAN'S MITSUBISHI HEAVY INDUSTRIES <7011.T>, SAYS :CHARTERS THE SPECIALIZED VESSEL VESTVIND TO TRANSPORT V164 TURBINE COMPONENTS.THE CHARTER BETWEEN MHI VESTAS AND UNITED WIND LOGISTICS (UWL) INCLUDES A FULL PACKAGE OF ENGINEERING SERVICES.VESTVIND IS NOW TRANSPORTING TURBINE COMPONENTS TO BELFAST FOR THE WALNEY EXTENSION WIND PARK OFF THE UK WEST COAST.FURTHER COMPANY COVERAGE: VWS.CO7011.T.  Full Article

MHI Vestas launches new 9.5 MW offshore wind turbine
Tuesday, 6 Jun 2017 04:06am EDT 

June 6 (Reuters) - MHI Vestas, an offshore wind joint venture between Vestas Wind Systems and Mitsubishi Heavy Industries <7011.T> says::Launches V164-9.5 MW wind turbine ."As a leader in the offshore wind industry, we are committed to lowering the cost of energy through innovative turbine technology," says Jens Tommerup, CEO of MHI Vestas.  Full Article

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

Photo

Factbox: Kobe Steel's data fabrication leaves manufacturers scrambling

(Corrects the name of the Tepco site that received affected products to the Fukushima Daini station, not Fukushima Daiichi)