Mitsubishi Heavy Industries,Ltd.【JP:7011】Stock Price

Mitsubishi Heavy Industries operates four main business segments: Energy, Plant & Infrastructure, Logistics, Thermal & Drive Systems, and Aerospace & Defense & Space. Through design, manufacturing, sales, service, and installation, these segments provide a broad range of products and services.

The Energy segment handles thermal power generation systems (GTCC and steam power), nuclear power systems, wind power systems, aircraft engines, compressors, air quality control systems (AQCS), and marine machinery. Key affiliated companies include Mitsubishi Power Aero LLC and Mitsubishi Heavy Industries Aero Engines, Ltd.

The Plant & Infrastructure segment provides steelmaking machinery, commercial vessels, engineering, environmental equipment, and mechanical systems. Related companies include Mitsubishi Heavy Industries Environmental & Chemical Engineering, Ltd. and Mitsubishi Shipbuilding, Inc.

The Logistics, Thermal & Drive Systems segment handles logistics equipment, thermal products, engines, turbochargers, and automotive air conditioning systems. Affiliated companies include Mitsubishi Heavy Industries Thermal Systems, Ltd. and Mitsubishi Heavy Industries Engine & Turbocharger, Ltd.

The Aerospace & Defense & Space segment provides commercial aircraft, defense aircraft, missiles, naval vessels, special equipment (torpedoes), special vehicles, and space equipment. Related companies include Mitsubishi Heavy Industries Maritime Systems, Ltd. and MHI RJ Aviation Inc.

Additionally, growth areas such as electrification and data center operations, as well as asset businesses, are classified under "Other," with Concentric, LLC listed as a principal affiliated company.

Mitsubishi Heavy Industries is advancing its "2024 Business Plan," a medium-term management strategy beginning in 2024, to achieve sustainable growth. The plan prioritizes "growth businesses" and "emerging domains," with a focus on strengthening portfolio management, reinforcing technological and human resources capabilities, and promoting MISSION NET ZERO. By fiscal year 2026, the company targets revenue of 5.7 trillion yen or more, operating profit of 450 billion yen or more, and ROE of 12% or above.

Under MISSION NET ZERO, the company aims to reduce Scope 1 and 2 CO2 emissions by 50% compared to 2014 levels by 2030. In 2024, a 47% reduction is projected, with the Mihara Works advancing factory carbon neutralization. For Scope 3, the company targets a 50% reduction by 2030 and is developing solutions at the Takasago Hydrogen Park and Nagasaki Carbon Neutral Park.

Mitsubishi Heavy Industries is securing orders to meet strong demand in the energy, nuclear, and defense sectors. In energy, the company is expanding gas turbine production capacity and strengthening supply chains. In nuclear, it is advancing next-generation light water reactor development. In defense, it is improving production efficiency. These initiatives aim to drive business growth and enhance profitability.

In emerging domains, the company is commercializing businesses in data centers, hydrogen and ammonia, and CCUS. For data centers, it integrates power, cooling, and control products with engineering to deliver optimized solutions. In hydrogen and ammonia, it is conducting research and development to provide world-class economical products.

The company is also advancing digital technology adoption, leveraging the digital platform "ΣSynX" to strengthen business competitiveness. To explore new business opportunities, it is using digital technology to enhance service sophistication and expanding educational programs to accelerate digital innovation and develop talent.

Through these initiatives, Mitsubishi Heavy Industries aims to contribute to solving social challenges and realizing a sustainable society. The company pursues business development and growth with compliance as a fundamental principle.