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Mitsubishi Heavy Industries Ltd (7011.T)

7011.T on Tokyo Stock Exchange

4,298JPY
18 May 2018
Change (% chg)

¥16 (+0.37%)
Prev Close
¥4,282
Open
¥4,270
Day's High
¥4,308
Day's Low
¥4,260
Volume
1,206,900
Avg. Vol
1,800,509
52-wk High
¥4,694
52-wk Low
¥3,845

Latest Key Developments (Source: Significant Developments)

Mitsubishi Heavy Industries says adoption of International Financial Reporting Standards
Wednesday, 9 May 2018 

May 9 (Reuters) - Mitsubishi Heavy Industries Ltd <7011.T>:Says it will adopt International Financial Reporting Standards (IFRS) as the new accounting method, effective from Q1 for fiscal year ending March 2019 .  Full Article

Mitsubishi Hitachi Power Systems Integrates PW Power Industrial Gas Turbine Division With Mechanical Dynamics
Thursday, 5 Apr 2018 

April 5 (Reuters) - Mitsubishi Heavy Industries Ltd <7011.T>::MITSUBISHI HITACHI POWER SYSTEMS AMERICAS - INTEGRATION OF PW POWER SYSTEMS' INDUSTRIAL GAS TURBINE DIVISION WITH MECHANICAL DYNAMICS AND ANALYSIS.  Full Article

Mitsubishi Heavy Industries completes Orano (ex new Areva) investment deal
Tuesday, 27 Feb 2018 

Feb 27 (Reuters) - Orano/Mitsubishi Heavy Industries::* Mitsubishi Heavy Industries has completed investment into Orano, a newly formed company created as part of the reorganization of the AREVA Group..* Orano's capital is now held by the French State (45.2%), the CEA (4.8%), AREVA SA (40%), Japan Nuclear Fuel Limited (5%) and Mitsubishi Heavy Industries (5%)..  Full Article

Mitsubishi Logisnext to transfer stake in two units to new unit
Thursday, 8 Feb 2018 

Feb 8 (Reuters) - Mitsubishi Logisnext Co Ltd <7105.T>:Says it plans to set up a wholly owned unit Mitsubishi Logisnext Americas Inc on April 2.Says it will transfer stake in two U.S.-based firm Mitsubishi Caterpillar Forklift America Inc. and UniCarriers Americas Corporation to the new unit .  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
Wednesday, 20 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

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