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Mitsubishi Heavy Industries Ltd (7011.T)

7011.T on Tokyo Stock Exchange

4,007JPY
21 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Mitsubishi Heavy Industries To Consolidate & Reshuffle Plants For Fossil-Fuel Power Equipment In Japan & U.S.- Nikkei
Wednesday, 2 May 2018 

May 2 (Reuters) - Nikkei: :MITSUBISHI HEAVY INDUSTRIES TO CONSOLIDATE & RESHUFFLE PLANTS FOR FOSSIL-FUEL POWER EQUIPMENT IN JAPAN & U.S.- NIKKEI.MITSUBISHI HEAVY EXPECTS TO EXHAUST ORDERS FOR EQUIPMENT SUCH AS STEAM OR GAS TURBINES BY 2020 - NIKKEI.  Full Article

MHI Vestas Gets 224MW Order In Belgium
Wednesday, 25 Apr 2018 

April 25 (Reuters) - MHI VESTAS, A JV BETWEEN VESTAS WIND SYSTEMS A/S AND JAPAN'S MITSUBISHI HEAVY INDUSTRIES 7011.TT, SAYS::PARKWIND AND MHI VESTAS JOIN FORCES FOR NORTHWESTER 2 IN BELGIUM.THE 224 MW NORTHWESTER 2 PROJECT, THE FOURTH COLLABORATION BETWEEN PARKWIND AND MHI VESTAS, WILL COMPRISE 23 TURBINES AND PROVIDE ENOUGH CLEAN ENERGY TO POWER 220,000 BELGIAN HOMES.SAYS BELGIUM'S NORTHWESTER 2 IS SET TO BECOME WORLD'S FIRST OFFSHORE WIND PARK WITH RECORD-SETTING V164-9.5 MW TURBINE.INSTALLATION SET FOR LATE 2019.  Full Article

Vestas Appoints New CEO And Co-CEO For MHI Vestas Offshore Wind's Expansion
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - VESTAS SAYS::NEW CEO AND CO-CEO TO LEAD MHI VESTAS OFFSHORE WIND'S EXPANSION.TO APPOINT PHILIPPE KAVAFYAN TO CHIEF EXECUTIVE OFFICER (CEO) AND LARS BONDO KROGSGAARD TO CO-CHIEF EXECUTIVE OFFICER (CO-CEO) OF MHI VESTAS OFFSHORE WIND.AFTER FOUR YEARS LEADING MHI VESTAS OFFSHORE WIND, CURRENT CEO JENS TOMMERUP ANDCO-CEO TETSUSHI MIZUNO HAVE DECIDED TO LEAVE THE ORGANISATION.  Full Article

Assystem Acquires 5% Interest In New NP
Tuesday, 2 Jan 2018 

Jan 2 (Reuters) - ASSYSTEM SA ::REG-ASSYSTEM : HAS ACQUIRED A 5% INTEREST IN NEW NP.‍PRELIMINARY PURCHASE PRICE OF THIS 5% INTEREST IS EUR 123.73 MILLION​.‍NEW NP TO BE OWNED BY EDF, MITSUBISHI HEAVY INDUSTRIES LTD AND ASSYSTEM WITH RESPECTIVELY 75.5%, 19.5% AND 5% OF CAPITAL​.  Full Article

Mitcham Industries and Mitsubishi Heavy Industries Enter Series Of Agreements
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Mitsubishi Heavy Industries Ltd <7011.T>::MITCHAM INDUSTRIES INC - CO, MITSUBISHI HEAVY INDUSTRIES HAVE ENTERED INTO SERIES OF AGREEMENTS.MITCHAM INDUSTRIES INC -AS PER DEAL, MITSUBISHI WILL INVEST $4.0 MILLION IN MITCHAM'S 9.00% SERIES A CUMULATIVE PREFERRED STOCK.MITCHAM INDUSTRIES-TO USE PROCEEDS FROM DEAL TO BUY INTELLECTUAL PROPERTY, RELATED ASSETS FROM BANKRUPTCY ESTATE OF HYDROSCIENCE TECHNOLOGY.MITCHAM INDUSTRIES-CO, MITSUBISHI ALSO ENTERED INTO DEAL WHEREBY CO TO PROVIDE SUPPORT,MAINTENANCE SERVICES TO MITSUBISHI RELATED TO MARINE EQUIPMENT.  Full Article

Japanese Consortium Looking To Commercialize Reactor Technology In Poland By 2030 - Nikkei
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Nikkei::JAPANESE CONSORTIUM LOOKING TO COMMERCIALIZE NEXT-GENERATION REACTOR TECHNOLOGY IN POLAND BY 2030 - NIKKEI.JAPANESE CONSORTIUM COMPRISES JAPAN ATOMIC ENERGY AGENCY, TOSHIBA, MITSUBISHI HEAVY INDUSTRIES & HITACHI - NIKKEI.COMMERCIAL REACTOR SAID TO COST AROUND 50 BILLION YEN, PROJECT IN POLAND EXPECTED TO GENERATE ORDERS WORTH 50 BILLION YEN TO 100 BILLION YEN- NIKKEI.  Full Article

Areva says uranium deliveries not impacted by suspension on Saskatchewan operations
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - AREVA::* AREVA acknowledges decision of Cameco Corporation to temporarily suspend by end-January 2018 production from the McArthur River mining and Key Lake milling operations in northern Saskatchewan, Canada, due to continued low uranium price..* AREVA says temporary suspension - which is expected to last ten months – will not affect uranium delivery to its customers.* Regarding Cigar Lake mine and McClean Lake mill, 2018 production is expected at the same level as in 2017.* AREVA says market conditions have been very unfavourable with a drop of uranium spot price from early 2015 to the end of 2016 by 50% to reach 20$/lb and so far, the market does not show any sign of recovery.* New AREVA is committed to remain a reliable and competitive long-term uranium supplier.* New AREVA was split off from state-owned integrated nuclear group Areva this year after its parent company's equity was wiped out following years of losses..* The French state recapitalised the new AREVA company with a 2.5 billion euro capital increase in July, while Japan's MHI <7011.T> and JNFL also plan to put in 500 million euros..  Full Article

Mitsubishi Heavy Industries to transfer business to units
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Mitsubishi Heavy Industries Ltd <7011.T>:Says it plans to transfer ship & ocean related business to Kanagawa-based wholly owned shipbuilding unit on Jan. 1, 2018.Says it plans to transfer ocean steel structure related business to wholly owned steel structure unit on Jan. 1, 2018.Says it plans to transfer chemical plant and transportation product related engineering business to wholly owned transportation systems unit on Jan. 1, 2018.Says it plans to transfer hydraulic machinery related business to unit Mitsubishi Heavy Industries Machinery Systems Ltd and a wholly owned shipbuilding unit on Jan. 1, 2018.  Full Article

Mitsubishi Heavy Industries to merge with ship unit
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Mitsubishi Heavy Industries Ltd <7011.T>:Says it plans to merge with Nagasaki-based ship unit and take over partial assets and liabilities from the unit on Jan. 1, 2018.Says unit will be dissolved after merger .  Full Article

Hazer says signs MOU with Primetals Technologies
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Hazer Group Ltd :Hazer signs MOU with Primetals Technologies .MOU ‍to jointly investigate commercial and technical viability of utilising Hazer Technology in steel industry​.  Full Article

BRIEF-Mitsubishi Heavy Industries To Consolidate & Reshuffle Plants For Fossil-Fuel Power Equipment In Japan & U.S.- Nikkei

* MITSUBISHI HEAVY INDUSTRIES TO CONSOLIDATE & RESHUFFLE PLANTS FOR FOSSIL-FUEL POWER EQUIPMENT IN JAPAN & U.S.- NIKKEI