Mitsubishi Heavy Industries: A "Must Win" Corporate Turnaround for Japan

Mitsubishi Heavy Industries (MHI), the shipbuilding arm of??Mitsubishi,??has developed a new grain ship able to reduce CO2 emissions by blowing bubbles. The company reports that the new bubble system, officially termed the??Mitsubishi Air Lubrication System (MALS), ??will reduce ship carbon emissions by up to 25%. Mitsubishi also announced an initial buyer for the technology. Archer ...

Mitsubishi Heavy Industries, a Japanese industrial giant that makes submarines, missiles and components for nuclear power plants, has suffered a major hacker attack, Reuters reports, citing the Yomiuri newspaper. According to the Japanese newspaper, information was stolen from the company?s computers in the attack. Mitsubishi Heavy has confirmed the attack, but said it is still ...

Japan's Mitsubishi Heavy Industries and Reykjavik Energy of Iceland said Thursday they will jointly develop geothermal energy projects, particularly in Africa, Latin America and Asia.Mitsubishi, the world's top producer of geothermal power equipment, and Reykjavik Energy, which also has geothermal power operations, hope to package their products and market them in developing countries.The two companies will also jointly develop a new, renewable synthetic fuel in Iceland by using carbon dioxide and water, said Ichiro Fukue, Mitsubishi Heavy senior executive vice president.

TOKYO (Reuters) - Hitachi Ltd , Japan's biggest industrial electronics firm and Mitsubishi Heavy Industries Ltd , the nation's leading heavy machinery maker, may merge to a $150 billion revenue infrastructure firm, three sources said on Thursday, but warned that the companies may struggle to forge a pact.

Greentech Media submits: by Eric Wesoff

Mitsubishi Heavy Industries filed antitrust and patent-infringement lawsuits against General Electric, accusing the U.S. company of trying to monopolize the U.S.