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TOKYO, April 01, 2024–(BUSINESS WIRE)–Mitsubishi Electric Corporation (TOKYO: 6503) and Mitsubishi Heavy Industries, Ltd. (TOKYO: 7011) jointly announced that they have completed the integration of their respective power generation systems. Mitsubishi Generator Co. , Ltd. , which started operationsArray
Previously, the two companies had signed an agreement with MTG Co. , Ltd. , the predecessor company of Mitsubishi Generator, for a spin-off of the company through absorption, 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 corporations to achieve greater competitiveness in the market. The integration is expected to generate strong synergies that will enable Mitsubishi Generator to expand its power generation systems business globally and thus contribute to the realization of a carbon-neutral world.
Introducing Mitsubishi Generator Co. , Ltd. (Effective April 1, 2024)
Name
Mitsubishi Generator Co. , Ltd.
Head Office
1-1-2 Wadasakicho, Hyogo-ku, Kobe City, Hyogo
President
Naohiro Nakano
Enterprise
1. Design, manufacture, sale and after-sales service of turbines and electrical equipment/devices related to power plant turbines.
2. Other accessories or similar to the above.
Paid-up capital
1,000 million yen
Fiscal Year End
March 31
For the full text, please visit: www. MitsubishiElectric. com/news/
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Contactos
Media Inquiries Mitsubishi Electric Corporation Públicasprd. gnews@nk. MitsubishiElectric. co. jp Relations Division Mitsubishi Heavy Industries, Ltd. Department of Communications Corporativasmediacontact_global@mhi. com Non-Media Resource Inquiries Mitsubishi Generator Co. , Ltd. Corporate Strategic Planning Division1-1 -2 Wadasaki-cho, Hyogo-ku, Kobe-shi, Hyogo 652-8555, Japancorporate. info_MG@MitsubishiGenerator. co. jp