Mitsubishi companies

MHI Concludes Contract for France-Japan Joint Research Project to Enhance the Functionality of Autonomous Underwater Vehicles for Mine Countermeasures

Retrieved on: 
Wednesday, March 31, 2021

This joint research project is being conducted based on a France-Japan strategic roadmap to "continue cooperation including producing a prototype using sophisticated mine detection technology and conducting sea trials."

Key Points: 
  • This joint research project is being conducted based on a France-Japan strategic roadmap to "continue cooperation including producing a prototype using sophisticated mine detection technology and conducting sea trials."
  • Testing will be conducted in Japan through 2024, followed by trials in France.
  • Mitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense.
  • For more information, please visit www.mhi.com or follow our insights and stories on www.spectra.mhi.com.

MUFG Investor Services Launches ESG Transparency Reporting

Retrieved on: 
Tuesday, March 30, 2021

MUFG Investor Services, the global asset servicing arm of Mitsubishi UFJ Financial Group, today announced the launch of its ESG Reporting solution, further underpinning MUFGs commitment to providing ESG services to solve the complex challenges of both clients and investors.

Key Points: 
  • MUFG Investor Services, the global asset servicing arm of Mitsubishi UFJ Financial Group, today announced the launch of its ESG Reporting solution, further underpinning MUFGs commitment to providing ESG services to solve the complex challenges of both clients and investors.
  • As clients navigate new ESG opportunities and challenges, its increasingly important to have fundamental reporting and processes in place to encourage industry excellence, said John Sergides, CEO at MUFG Investor Services.
  • Todays launch is another important step in the future of ESG reporting and KPMG joins them in supporting the importance of ESG in the financial services industry.
  • MUFG Investor Services currently provides administration services for over 2,614 funds across all investment strategies, asset types and fund structures with over $705 billion in assets under administration.

MHI Concludes Final Agreement on Transfer of Naval and Governmental Ships Business of Mitsui E&S Shipbuilding

Retrieved on: 
Monday, March 29, 2021

TOKYO, Mar 29, 2021 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has reached a final agreement with Mitsui E&S Holdings Co., Ltd. under which MHI will take over the Naval and Governmental Ships business of Mitsui E&S Shipbuilding Co., Ltd. A formal agreement on the transfer has been signed.

Key Points: 
  • TOKYO, Mar 29, 2021 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has reached a final agreement with Mitsui E&S Holdings Co., Ltd. under which MHI will take over the Naval and Governmental Ships business of Mitsui E&S Shipbuilding Co., Ltd. A formal agreement on the transfer has been signed.
  • Mitsui E&S Shipbuilding, an operating company of Mitsui E&S Holdings, has strengths in the construction and repair of auxiliary ship, such as supply ships and oceanographic survey ships for Japan's Ministry of Defense, as well as governmental ships such as vessel for patrolling local fishing waters.
  • In recent years the company has also been actively developing new technologies incorporated into autonomous underwater vehicles (AUV) and autonomous surface vehicles (ASV).
  • Under the newly signed agreement, MHI will take over the entirety of Mitsui E&S Shipbuilding's operations in Naval and Governmental Ships, including AUVs and ASVs.

Mitsubishi Minatomirai Industrial Museum Enhances Online Distribution Capabilities from April

Retrieved on: 
Monday, March 29, 2021

TOKYO, Mar 29, 2021 - (JCN Newswire) - On April 1st (Thursday), the Mitsubishi Minatomirai Industrial Museum (Nishi-Ku, Yokohama City), operated by Mitsubishi Heavy Industries (MHI) Group, will introduce measures for dealing with the spread of Covid 19.

Key Points: 
  • TOKYO, Mar 29, 2021 - (JCN Newswire) - On April 1st (Thursday), the Mitsubishi Minatomirai Industrial Museum (Nishi-Ku, Yokohama City), operated by Mitsubishi Heavy Industries (MHI) Group, will introduce measures for dealing with the spread of Covid 19.
  • Starting from April, the newly established event distribution studio will hold three kinds of online events, General, Special, and Educational.
  • Mitsubishi Minatomirai Industrial Museum was first opened in June 1994 in Yokohama City's Minatomirai district, an area with which MHI Group has a deep connection, in order to help interaction with local people and promote interest in science and technology.
  • Going forward, the museum will take steps towards further increasing the recognition levels and brand awareness of MHI Group through enrichment of online distribution functions.

Signing of Agreement to Transfer Shares of MUL and HCC to MC

Retrieved on: 
Friday, March 19, 2021

TOKYO, Mar 19, 2021 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce its signing today of a share-transfer agreement with Mitsubishi UFJ Financial Group, Inc. (MUFJ) and MUFG Bank, Ltd. (MUFG Bank).

Key Points: 
  • TOKYO, Mar 19, 2021 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce its signing today of a share-transfer agreement with Mitsubishi UFJ Financial Group, Inc. (MUFJ) and MUFG Bank, Ltd. (MUFG Bank).
  • Under the terms of the agreement, MUFG and MUFG Bank will transfer to MC some of their shares in both Mitsubishi UFJ Lease & Finance Company Limited (MUL) and Hitachi Capital Corporation (HCC).
  • As one of its main shareholders, MC will continue to collaborate on its future growth and development.
  • The impact of this share transfer on MC's financial results for the current fiscal year is expected to be minimal.

MHI Thermal Systems to Launch 23 Models of Residential-use Room Air Conditioners for the Japanese Market in 2021

Retrieved on: 
Friday, March 19, 2021

TOKYO, Mar 19, 2021 - (JCN Newswire) - Mitsubishi Heavy Industries Thermal Systems, Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, will successively launch 23 new models of residential-use air conditioners for the Japanese market starting April 1.

Key Points: 
  • TOKYO, Mar 19, 2021 - (JCN Newswire) - Mitsubishi Heavy Industries Thermal Systems, Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, will successively launch 23 new models of residential-use air conditioners for the Japanese market starting April 1.
  • Together the 23 new models in four series provide comfortable living spaces for diverse lifestyles.
  • The filter holders are mass-produced at MHI Thermal Systems' factory in Thailand using this special resin, which was developed by the Japanese beverage company ITO EN, Ltd.
  • MHI Thermal Systems' 2021 lineup of 23 air conditioner models have been created to meet a wide range of user needs.

MUFG Boosts Private Equity Sponsor Coverage and Direct Lending Capabilities with Hire of Three Senior Bankers

Retrieved on: 
Tuesday, March 16, 2021

NEW YORK, March 16, 2021 /PRNewswire/ --Mitsubishi UFJ Financial Group ( MUFG ) announced today the hiring of three senior bankers to augment its coverage of private equity sponsor clients and its direct lending business.

Key Points: 
  • NEW YORK, March 16, 2021 /PRNewswire/ --Mitsubishi UFJ Financial Group ( MUFG ) announced today the hiring of three senior bankers to augment its coverage of private equity sponsor clients and its direct lending business.
  • The bank has hired Michael Klein and Keith Murray as Managing Directors of Sponsor Coverage, reporting to Matt Maley, Head of Private Equity Sponsor Coverage within MUFG's Corporate Advisory Group.
  • He joined MUFG from RBC Capital Markets, where he had served as Managing Director and Head of Middle Market Leveraged Finance.
  • About MUFG Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world's leading financial groups.

Mitsubishi Motors Dealer Partner Spotlight - Ole Ben Franklin Mitsubishi on Honoring Family, Tradition under a New Generation of Leadership

Retrieved on: 
Monday, March 15, 2021

This month, we are proud to feature Josh Loop and Darrell Watson, co-owners of Ole Ben Franklin Mitsubishi in Oak Ridge, Tennessee.

Key Points: 
  • This month, we are proud to feature Josh Loop and Darrell Watson, co-owners of Ole Ben Franklin Mitsubishi in Oak Ridge, Tennessee.
  • What will define the next generation of Ole Ben Franklin Mitsubishi?
  • For the past 33 years, Ole Ben Franklin Mitsubishi has been well-known in the community as a car dealer that provides financing solutions for everyone.
  • We don't want to re-write the book on Ole Ben Franklin, we just want to add an exciting chapter or two.

Mitsubishi Tanabe Pharma Canada Announces Treatment for Amyotrophic Lateral Sclerosis (ALS) is Now Available Through Newfoundland and Labrador Prescription Drug Program

Retrieved on: 
Wednesday, March 10, 2021

TORONTO, March 10, 2021 /CNW/ - Mitsubishi Tanabe Pharma Canada, Inc. (MTP-CA), a subsidiary of Mitsubishi Tanabe Pharma America, Inc. (MTPA), announced today that RADICAVA (edaravone), an infusion treatment for amyotrophic lateral sclerosis (ALS), is now reimbursed through the Newfoundland and Labrador Prescription Drug Program (NLPDP) under Special Authorization.

Key Points: 
  • TORONTO, March 10, 2021 /CNW/ - Mitsubishi Tanabe Pharma Canada, Inc. (MTP-CA), a subsidiary of Mitsubishi Tanabe Pharma America, Inc. (MTPA), announced today that RADICAVA (edaravone), an infusion treatment for amyotrophic lateral sclerosis (ALS), is now reimbursed through the Newfoundland and Labrador Prescription Drug Program (NLPDP) under Special Authorization.
  • "We thank the Government of Newfoundland and Labrador for its leadership in making this treatment available to patients who are eligible for coverage under the Newfoundland and Labrador Prescription Drug Program."
  • About Mitsubishi Tanabe Pharma Canada, Inc.
    Based in Toronto, Mitsubishi Tanabe Pharma Canada, Inc. (MTP-CA) is a wholly-owned subsidiary of Mitsubishi Tanabe Pharma America, Inc. (MTPA) with a goal to provide therapies for some of the most difficult-to-treat diseases, including ALS.
  • About Mitsubishi Tanabe Pharma America, Inc.
    Based in Jersey City, N.J., Mitsubishi Tanabe Pharma America, Inc. (MTPA) is a wholly-owned subsidiary of Mitsubishi Tanabe Pharma Corporation's (MTPC) 100 percent owned U.S. holding company, Mitsubishi Tanabe Pharma Holdings America, Inc. MTPA is dedicated to delivering innovative products that address the unmet medical needs of patients in North America.

Mitsubishi Heavy Industries Engineering to Test Carbon Capture Technology at Technology Centre Mongstad in Norway

Retrieved on: 
Friday, March 5, 2021

Mitsubishi Heavy Industries Engineering (MHIENG), part of Mitsubishi Heavy Industries (MHI) Group, has entered into an agreement with Technology Centre Mongstad (TCM) to test its proprietary solvent for capturing CO2 at the amine plant located in Mongstad, Norway.

Key Points: 
  • Mitsubishi Heavy Industries Engineering (MHIENG), part of Mitsubishi Heavy Industries (MHI) Group, has entered into an agreement with Technology Centre Mongstad (TCM) to test its proprietary solvent for capturing CO2 at the amine plant located in Mongstad, Norway.
  • Its very satisfying that a leading capture technology developer like MHIENG has chosen TCM as the arena for their carbon capture tests.
  • MHI Group together with Kansai Electric Power Co, Inc. (KEPCO) started the development of the Kansai Mitsubishi Carbon Dioxide Recovery KM CDR Process, a post-combustion carbon capture technology, in 1990.
  • TCMs test facilities for CO2 capture consist of an amine plant, a chilled ammonia plant, as well as an area for new, groundbreaking modular capture technologies.