OverviewSuggest Edit

Mitsubishi Heavy Industries (MHI) is a company that manufactures and sells heavy machinery. It operates through three segments: Power Systems, Industry and Infrastructure, and Aircraft, Defense, and Space. The Power Systems segment produces gas and steam power systems, nuclear power plant equipment, wind power generators, aero engines, compressors, environmental plants, and marine machinery. The Industry and Infrastructure segment specializes in material handling equipment, turbochargers, engines, air-conditioning and refrigeration systems, automotive thermal systems, metals machinery, transportation systems, chemical plants, etc. The Aircraft, Defense, and Space segment provides commercial aircraft, defense aircraft, missile systems, naval ships, special vehicles, maritime systems, and space systems.

TypePublic
Founded1884
HQTokyo, JP
Websitemhi.com

Latest Updates

Employees (est.) (Mar 2020)81,631(+2%)
Revenue (FY, 2019)¥4 T
Share Price (Feb 2021)¥3 K(-1%)
Cybersecurity ratingBMore

Key People/Management at Mitsubishi Heavy Industries

Shunichi Miyanaga

Shunichi Miyanaga

Chairman of the Board
Seiji Izumisawa

Seiji Izumisawa

Board Member, President & CEO
Masahiko Mishima

Masahiko Mishima

Board Member, Executive Vice President & General Counsel
Takaoki Niwa

Takaoki Niwa

Executive Vice President, President of Mitsubishi Aircraft Corporation
Keisuke Hirose

Keisuke Hirose

Executive Vice President, Head of Commercial Aviation Systems, Head of Nagoya Aerospace Systems Works
Yoshihiro Shiraiwa

Yoshihiro Shiraiwa

Executive Vice President, President of Mitsubishi Heavy Industries America
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Mitsubishi Heavy Industries Office Locations

Mitsubishi Heavy Industries has offices in Tokyo, Akashi, Chitose, Fukuoka and in 100 other locations
Tokyo, JP (HQ)
2-3 , Marunouchi 3-Chome, Chiyoda-ku
Akashi, JP
1 Minami-Futami, Futami-cho
Chitose, JP
1047 Kamiosatsu
Fukuoka, JP
Fukuoka Center Bldg. 7th Floor, 2-1, Hakataekimae 2-chome, Hakata-ku
Hiroshima, JP
5 - 1 , Ebaoki - machi , Naka - ku
Hiroshima, JP
6-22, Kan-on-shin-machi 4-chome, Nishi-ku
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Mitsubishi Heavy Industries Financials and Metrics

Mitsubishi Heavy Industries Revenue

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Mitsubishi Heavy Industries's revenue was reported to be ¥4.04 t in FY, 2019 which is a 0.9% decrease from the previous period.
JPY

Revenue (Q1, 2020)

778.0b

Gross profit (Q1, 2020)

121.7b

Gross profit margin (Q1, 2020), %

15.6%

Net income (Q1, 2020)

(59.1b)

Market capitalization (12-Feb-2021)

1.0t

Closing stock price (12-Feb-2021)

3.0k

Cash (30-Jun-2020)

219.6b

EV

2.5t
Mitsubishi Heavy Industries's current market capitalization is ¥1 t.
Annual
JPYFY, 2017FY, 2018FY, 2019

Revenue

4.1t4.1t4.0t

Revenue growth, %

(1%)

Cost of goods sold

3.4t3.3t3.3t

Gross profit

730.9b768.1b710.0b
Quarterly
JPYQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

906.1b966.0b1.0t919.3b958.3b978.8b778.0b

Cost of goods sold

734.6b791.8b822.9b745.8b785.6b830.1b656.3b

Gross profit

132.0b174.2b204.3b173.5b172.8b148.8b121.7b

Gross profit Margin, %

15%18%20%19%18%15%16%
Annual
JPYFY, 2017FY, 2018FY, 2019

Cash

313.5b283.2b281.6b

Accounts Receivable

1.2t717.4b612.0b

Inventories

1.2t739.3b726.2b

Current Assets

3.6t3.2t2.8t
Quarterly
JPYQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

223.0b233.0b231.3b258.2b224.0b247.9b219.6b

Accounts Receivable

695.1b683.7b665.4b615.2b577.5b633.6b500.0b

Inventories

794.0b821.5b837.5b783.9b804.5b818.4b819.1b

Current Assets

3.2t3.2t3.3t3.1t3.1t3.3t2.9t
Annual
JPYFY, 2017FY, 2018FY, 2019

Depreciation and Amortization

176.1b198.8b324.0b

Inventories

127.0b17.2b39.2b

Accounts Payable

41.7b51.0b(27.9b)

Cash From Operating Activities

345.1b404.9b452.6b
Quarterly
JPYQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Depreciation and Amortization

50.3b102.4b159.5b31.8b68.1b209.1b90.5b

Inventories

(42.6b)(62.2b)(81.1b)(50.8b)(62.1b)(51.8b)(70.1b)

Accounts Payable

(36.7b)(60.3b)(35.7b)(62.0b)(83.8b)(75.6b)(111.7b)

Cash From Operating Activities

(55.6b)(4.3b)(30.7b)(120.0b)(91.2b)(137.1b)(223.6b)
JPYFY, 2017

Revenue/Employee

49.0m
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Mitsubishi Heavy Industries Operating Metrics

Mitsubishi Heavy Industries's Backlog was reported to be ¥5.4t in Q1, 2020.
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Mitsubishi Heavy Industries Acquisitions / Subsidiaries

Company NameDateDeal Size
ElectroRouteOctober 14, 2016
UniCarriers CorpJuly 31, 2015$887 m
Pratt & Whitney Power SystemsMay 20, 2013
Daily Equipment CompanyJanuary 08, 2013
Artemis Intelligent PowerDecember 03, 2010
Maintenance PartnersApril 06, 2009
RoclaOctober 23, 2008
SRP Tools Ltd.February 22, 2005
Bangalore Office
BREAKER ELECTRICAL PTY
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Mitsubishi Heavy Industries Revenue Breakdown

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Mitsubishi Heavy Industries revenue breakdown by business segment: 38.3% from Power Systems, 42.9% from Industry & Infrastructure, 17.0% from Aircraft, Defense & Space and 1.8% from Other

Mitsubishi Heavy Industries revenue breakdown by geographic segment: 9.3% from Europe, 17.3% from Asia, 48.1% from Japan, 17.7% from North America and 7.6% from Other

Mitsubishi Heavy Industries Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

Mitsubishi Heavy Industries Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

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Mitsubishi Heavy Industries Online and Social Media Presence

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Mitsubishi Heavy Industries News and Updates

Primetals Technologies Receives Final Acceptance for ERT-EBROS Billet Welding System at Ferriera Valsabbia

In late December 2020, Italian steel producer Ferriera Valsabbia S.p.A. issued the Final Acceptance Certificate (FAC) to Primetals Technologies for the supply ERT-EBROS of endless rolling technology for the company's existing bar rolling mill in Odolo, Brescia province. The aim was to boost plant ou…

MHI Invests in C-Zero, a U.S. Hard Tech Startup, to Accelerate Efforts to Produce Clean Hydrogen from Natural Gas

Mitsubishi Heavy Industries, Ltd. (MHI) Today Announced That It Has Invested in C-Zero, a Hard Tech Startup Located in Santa Barbara, Calif., to Accelerate the First Commercial-Scale Deployment of C-Zero's Drop-in Decarbonization Technology, Which Will Allow Industrial Natural Gas Consumers to Avoid…

MHI Thermal Systems Demonstrates the Potential to Remove and Inactivate the Novel Coronavirus (SARS-CoV-2) Through Proprietary Air Purification Technology

Mitsubishi Heavy Industries Thermal Systems, Ltd. (MHI Thermal Systems), a part of Mitsubishi Heavy Industries, Ltd. (MHI) Group, has confirmed its latest technology has the ability to remove and inactivate the novel coronavirus (SARS-CoV-2) by enzyme-urea formulation processing technology or irradi…

Primetals Technologies Completes First Ultra-Low Emission Technology Project for BOF Off-Gas at Changzhou Eastran

In late 2020, Primetals Technologies received the final acceptance certificate (FAC) for a newly installed advanced gas cleaning system based on wet electrostatic precipitator (WESP) technology. This first project was successfully implemented at Changzhou Eastran Special Steel Co. Ltd. in China’s Ji…

Nidec to Acquire Mitsubishi Heavy Industries Machine Tool Co., Ltd.

Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that its Board of Directors has approved a resolution to acquire: the shares of Mitsubishi Heavy Industries Machine Tool Co., Ltd. (“Mitsubishi Heavy Industries Machine Tool”), a company that designs, manufacture…

MHI Announces Outline of FY2020 First 9 Months Financial Results Ended December 31, 2020 (Consolidated)

Mitsubishi Heavy Industries, Ltd. (MHI) today announced its consolidated financial results for the first nine months of fiscal year (FY) 2020 ended December 31, 2020
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Mitsubishi Heavy Industries Frequently Asked Questions

  • When was Mitsubishi Heavy Industries founded?

    Mitsubishi Heavy Industries was founded in 1884.

  • Who are Mitsubishi Heavy Industries key executives?

    Mitsubishi Heavy Industries's key executives are Shunichi Miyanaga, Seiji Izumisawa and Masahiko Mishima.

  • How many employees does Mitsubishi Heavy Industries have?

    Mitsubishi Heavy Industries has 81,631 employees.

  • What is Mitsubishi Heavy Industries revenue?

    Latest Mitsubishi Heavy Industries annual revenue is ¥4 t.

  • What is Mitsubishi Heavy Industries revenue per employee?

    Latest Mitsubishi Heavy Industries revenue per employee is ¥49.5 m.

  • Who are Mitsubishi Heavy Industries competitors?

    Competitors of Mitsubishi Heavy Industries include BorgWarner, Otis and Sun-Wa Technos.

  • Where is Mitsubishi Heavy Industries headquarters?

    Mitsubishi Heavy Industries headquarters is located at 2-3 , Marunouchi 3-Chome, Chiyoda-ku, Tokyo.

  • Where are Mitsubishi Heavy Industries offices?

    Mitsubishi Heavy Industries has offices in Tokyo, Akashi, Chitose, Fukuoka and in 100 other locations.

  • How many offices does Mitsubishi Heavy Industries have?

    Mitsubishi Heavy Industries has 144 offices.