Dec, 07 2018 13:46 JST

Source: Mitsubishi Heavy Industries, Ltd.

MHI Completes Capital-related Measures Affecting Mitsubishi Aircraft Corporation


TOKYO, Dec, 07 2018 - (JCN Newswire) - In conjunction with the capital-related measures affecting its Group company Mitsubishi Aircraft Corporation (Mitsubishi Aircraft) described in the Press Information of October 31, 2018 ("MHI Increases Capital in Mitsubishi Aircraft Corporation"), Mitsubishi Heavy Industries, Ltd. (MHI) has canceled 50 billion yen of the total debt owed to it by Mitsubishi Aircraft and taken over the company's subscription shares in their entirety. As a result of these measures, effective today a capital increase in Mitsubishi Aircraft has been completed in the amount of 170 billion yen.

After the capital increase, Mitsubishi Aircraft's paid-in capital and capital reserve each now stand at 135 billion yen. The capital-related measures indicated above will strengthen Mitsubishi Aircraft's business foundation and drive development of the MRJ forward.


About Mitsubishi Heavy Industries, Ltd.
Mitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial firms. For more than 130 years, we have channeled big thinking into solutions that move the world forward - advancing the lives of everyone who shares our planet. We deliver innovative and integrated solutions across a wide range of industries, covering land, sea, sky and even space. MHI Group employs 80,000 people across 400 locations, operating in three business domains: "Power Systems," "Industry & Infrastructure," "Aircraft, Defense & Space." We have a consolidated revenue of around 40 billion U.S. Dollars. We aim to contribute to environmental sustainability while achieving global growth, using our leading-edge technologies. By bringing people and ideas together as one, we continue to pave the way to a future of shared success.

For more information, please visit MHI's website: https://www.mhi.com
For Technology, Trends and Tangents, visit MHI's new online media SPECTRA: https://spectra.mhi.com


Contact:
Corporate Communication Department
Mitsubishi Heavy Industries, Ltd.
Email: [email protected]
Tel: +81-(0)3-6716-2168
Fax: +81-(0)3-6716-5860
Source: Mitsubishi Heavy Industries, Ltd.
Sectors: Daily News

Copyright ©2019 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

Related Press Release


Mitsubishi Shipbuilding Holds Christening Ceremony for Next-Generation LNG Carrier "BUSHU MARU"
May 15 2019 11:14 JST
 
MHI Receives EcoVadis Silver Rating for Overall Sustainability
April 26 2019 10:35 JST
 
Mitsubishi Shipbuilding Holds Christening Ceremony for Next-Generation LNG Carrier "Diamond Gas Sakura"
April 22 2019 14:10 JST
 
MHI Thermal Systems Develops Demonstration Unit of the World's First Small-Capacity Residential Air-Conditioner Adopting the Low-GWP R454C Refrigerant
April 18 2019 13:38 JST
 
MHI Machine Tool Completes Commercial Model of Metal 3D Printer Using Laser Beams
April 16 2019 12:44 JST
 
Mitsubishi Heavy Industries Machine Tool Co., Ltd. to Propose High-Precision Gear Manufacturing Systems for the Chinese Market
April 11 2019 10:06 JST
 
MHI Technology Selected for Rovuma LNG Project, Mozambique
April 01 2019 19:11 JST
 
MHI Holds Welcoming Ceremony for New Employees in 2019
April 01 2019 10:53 JST
 
MHI Develops Autonomous "Water Cannon Robot" and "Hose Extension Robot" for Use in Firefighting
March 26 2019 06:56 JST
 
Mitsubishi Shipbuilding Holds Christening Ceremony for LPG Carrier "FUTURE ACE'
March 13 2019 15:01 JST
 
More Press release >>

Latest Press Release


More Latest Release >>