HOME > Business Wire > Article


April 1, 2024 02:10 UTC

Mitsubishi Generator Commences Operations

TOKYO--( BUSINESS WIRE )-- Mitsubishi Electric Corporation (TOKYO: 6503) and Mitsubishi Heavy Industries, Ltd. (TOKYO: 7011) jointly announced today that they have completed the integration of their respective power-generator systems businesses under Mitsubishi Generator Co., Ltd., which commenced operations today.

Previously, the two companies signed an agreement with MTG Co., Ltd., Mitsubishi Generator’s predecessor company, for an absorption-type company split, and then began working to spin off and integrate their respective businesses, as announced on December 11, 2023 .

Mitsubishi Generator will now combine the technologies and assets of the two respective businesses to achieve enhanced market competitiveness. The integration is expected to realize strong synergies that will enable Mitsubishi Generator to expand its power-generator systems business on a global scale and thereby contribute to the realization of a carbon-neutral world.

Overview of Mitsubishi Generator Co., Ltd. (as of April 1, 2024)

Name

Mitsubishi Generator Co., Ltd.

Head office

1-1-2 Wadasakicho, Hyogo-ku, Kobe City, Hyogo

President

Naohiro Nakano

Business

1. Design, manufacture, sales and after-sales servicing of generator and electrical equipment/devices associated with generators for power plant facilities.

2. Other businesses incidental or related to the above.

Paid-in capital

1,000 million yen

Fiscal year end

March 31

For the full text, please visit: www.MitsubishiElectric.com/news/

Contacts

Media inquiries
Mitsubishi Electric Corporation
Public Relations Division
prd.gnews@nk.MitsubishiElectric.co.jp

Mitsubishi Heavy Industries, Ltd.
Corporate Communication Department
mediacontact_global@mhi.com

Inquiries from non-media sources
Mitsubishi Generator Co., Ltd.
Corporate Strategic Planning Division
1-1-2 Wadasaki-cho, Hyogo-ku, Kobe-shi, Hyogo 652-8555, Japan
corporate.info_MG@MitsubishiGenerator.co.jp


Source: Mitsubishi Electric Corporation

View this news release online at:
http://www.businesswire.com/news/home/20240331899914/en


The content of this press release is provided by Business Wire. If you
have any questions regarding the content, please contact the person(s)
identified in the CONTACTS box at the bottom of the release.

Business Wire


HEADLINES

POLITICS
Kishida Denies Result of US Presidential Election Could Affect Japan-US Alliance
ECONOMY
Japan to Provide Up To 72.5 B. Yen in Subsidies for AI Supercomputer Projects
SPORTS
Soccer: Liverpool Miss Europa League Last 4 despite Quarterfinal 2nd-Leg Win
OTHER
Japan Unveils Its 1st Ice-Breaking Arctic Research Vessel Mirai II Being Built

AFP-JIJI PRESS NEWS JOURNAL


Photos