Mitsubishi Heavy Industries Ltd - Company Profile
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Mitsubishi Heavy Industries Ltd (MHI) manufactures a diverse range of heavy machinery. The company's main activities include the development of energy systems, infrastructure systems, logistics, thermal and drive systems, and products for the aircraft, defense, and space sectors. MHI offers a wide range of products and services, including gas and steam power systems, nuclear power systems, compressors, aero engines, marine machinery, commercial ships, environmental systems, metals machinery, and machinery systems. The company's products and services are used in various industries such as energy, aviation, space, shipbuilding, transportation, logistics, environmental, automotive, industrial machinery, infrastructure, living and leisure, and defense. It operates through a global network, serving customers in North America, Latin America, Asia, Europe, the Middle East, Africa, and Oceania. MHI is headquartered in Chiyoda-Ku, Tokyo, Japan.
Mitsubishi Heavy Industries Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Energy Sector: | MHI Launch Services |
| Thermal Power Plant: | MIHARA Test Center |
| Gtcc (Gas Turbine Combined Cycle Power Plants) | After-Sales Service |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In June, MHI Power (Philippines) Plant Services Corporation signed an agreement LNGPH, through its corporate unit South Premiere Power Corporation to develop the 1,200MW Ilihan Combined Cycle Power Plant in Batangas. |
| 2026 | Commercial Operation | In June, the company, INPEX CORPORATION, and Osaka Gas Co., Ltd announced operations of a system to facilitate the transfer and management of Clean Gas Certificates. |
| 2026 | Contracts/Agreements | In June, the company signed a business alliance agreement with Preferred Networks to build cutting-edge AI technologies to promote the intelligence and autonomy of mission-critical machinery and systems. |
Competitor Comparison
| Key Parameters | Mitsubishi Heavy Industries Ltd | Kawasaki Heavy Industries Ltd | KION Group AG | IHI Corp | Enerpac Tool Group Corp |
|---|---|---|---|---|---|
| Headquarters | Japan | Japan | Germany | Japan | United States of America |
| City | Chiyoda-Ku | Kobe | Frankfurt Am Main | Koto-Ku | Milwaukee |
| State/Province | Tokyo | Hyogo | Baden-Wurttemberg | Tokyo | Wisconsin |
| No. of Employees | 78,793 | 40,640 | 41,974 | 26,224 | 2,100 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Seiji Izumisawa | Chairman; Director | Executive Board | 2025 | 69 |
| Eisaku Ito | Chief Executive Officer; President; Director | Executive Board | 2025 | 63 |
| Hiroshi Nishio | Chief Financial Officer; Director | Executive Board | 2025 | 58 |
| Hisato Kozawa | Director | Non Executive Board | 2025 | 64 |
| Masayuki Suematsu | Director; Executive Vice President, Chief Strategy Officer; President - Industrial Solution Systems; Chief Executive Officer - Industrial Solution Systems | Executive Board | 2026 | 63 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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