Mitsubishi Motors

MHI RJ Aviation Group Launches as Mitsubishi Heavy Industries Ltd. Closes Acquisition of CRJ Series Program From Bombardier Inc.

Tuesday, June 2, 2020 - 2:23am

The launch of MHIRJ coincides with the acquisition close of the CRJ Series Program from Bombardier Inc. (Bombardier) (TSX: BBD.B) by Mitsubishi Heavy Industries, Ltd. (MHI) (TOKYO:7011).

Key Points: 
  • The launch of MHIRJ coincides with the acquisition close of the CRJ Series Program from Bombardier Inc. (Bombardier) (TSX: BBD.B) by Mitsubishi Heavy Industries, Ltd. (MHI) (TOKYO:7011).
  • "I am pleased to announce the opening chapter of MHIRJ's story," said Hiroaki Yamamoto, President & CEO of the MHI RJ Aviation Group.
  • MHI RJ Aviation Group (MHIRJ) provides comprehensive critical operational, engineering and customer support solutions including maintenance, refurbishment, technical publications, marketing and sales activities for the global regional aircraft industry.
  • A wholly owned subsidiary of Mitsubishi Heavy Industries, Ltd, MHI RJ Aviation Group includes MHI RJ Aviation ULC (Canada), MHI RJ Aviation Inc. (U.S.A.) and MHI RJ Aviation GmbH (Germany).

Mitsubishi Tanabe Pharma Canada Announces That Company's Treatment for Amyotrophic Lateral Sclerosis (ALS) Has Been Added to the Provincial Drug Plan in Alberta

Monday, June 1, 2020 - 2:00pm

TORONTO, June 1, 2020 /CNW/ -Mitsubishi Tanabe Pharma Canada, Inc. (MTP-CA), a subsidiary of Mitsubishi Tanabe Pharma America, Inc. (MTPA), today announced that RADICAVA (edaravone) is now listed on the Alberta Drug Benefit List formulary (special authorization).

Key Points: 
  • TORONTO, June 1, 2020 /CNW/ -Mitsubishi Tanabe Pharma Canada, Inc. (MTP-CA), a subsidiary of Mitsubishi Tanabe Pharma America, Inc. (MTPA), today announced that RADICAVA (edaravone) is now listed on the Alberta Drug Benefit List formulary (special authorization).
  • MTP-CA continues to have discussions with other provinces, territories and federal agencies regarding the listing of RADICAVA under publicly funded drug programs.
  • 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.

MHI RJ Aviation Group launches as Mitsubishi Heavy Industries Ltd. closes acquisition of CRJ Series Program from Bombardier Inc.

Monday, June 1, 2020 - 1:00pm

The launch of MHIRJ coincides with the acquisition close of the CRJ Series Program from Bombardier Inc. (Bombardier) (TSX: BBD.B) by Mitsubishi Heavy Industries, Ltd. (MHI) (TOKYO:7011).

Key Points: 
  • The launch of MHIRJ coincides with the acquisition close of the CRJ Series Program from Bombardier Inc. (Bombardier) (TSX: BBD.B) by Mitsubishi Heavy Industries, Ltd. (MHI) (TOKYO:7011).
  • "I am pleased to announce the opening chapter of MHIRJ's story," said Hiroaki Yamamoto, President & CEO of the MHI RJ Aviation Group.
  • A wholly owned subsidiary of Mitsubishi Heavy Industries, Ltd, MHI RJ Aviation Group includes MHI RJ Aviation ULC (Canada), MHI RJ Aviation Inc. (U.S.A.) and MHI RJ Aviation GmbH (Germany).
  • *CRJ, CRJ Series and MHIRJ are trademarks of MHI RJ Aviation ULC or its affiliates.

eK X and eK Wagon Achieve Top Ratings for Preventive and Collision Safety Performance in JNCAP

Wednesday, May 27, 2020 - 7:31am

Both height kei wagons eK X and eK Wagon earned the highest ASV+++(2) rating in the preventive safety performance and the maximum five-star rating in the collision safety performance in the FY2019(3) JNCAP testing and assessment.

Key Points: 
  • Both height kei wagons eK X and eK Wagon earned the highest ASV+++(2) rating in the preventive safety performance and the maximum five-star rating in the collision safety performance in the FY2019(3) JNCAP testing and assessment.
  • The eK X and eK Wagon come equipped with driver assistance technology which encompasses preventive safety measures to support the drivers in avoiding collisions, or mitigate the collision damage.
  • Both the eK X and eK Wagon received full scores of lane departure prevention, pedal misapplication prevention and rear-view monitoring systems.
  • The eK X and eK Wagon offer high levels of collision safety performance by adopting MITSUBISHI MOTORS' RISE(5) safety body system.

Mitsubishi Motors Joins OPEN COVID-19 DECLARATION

Tuesday, May 26, 2020 - 1:34am

TOKYO, May 26, 2020 - (JCN Newswire) - Mitsubishi Motors Corporation MMC) joined OPEN COVID-19 DECLARATION, which aims to prevent the spread of COVID-19.

Key Points: 
  • TOKYO, May 26, 2020 - (JCN Newswire) - Mitsubishi Motors Corporation MMC) joined OPEN COVID-19 DECLARATION, which aims to prevent the spread of COVID-19.
  • Mitsubishi Motors Corporation is a global automobile company based in Tokyo, Japan, which has a competitive edge in SUVs and pickup trucks, electric and plug-in hybrid vehicles.
  • Mitsubishi Motors has 30,000 employees and a global footprint with production facilities in Japan, Thailand, China, Indonesia, the Philippines and Russia.
  • The global sales volume in fiscal year 2019 was 1,127,000 units, and the net sales of Mitsubishi Motors for fiscal year 2018 was 2.27 trillion yen.

The Photovoltaic market in Europe was valued at US$ 45.57 billion in 2019 and is projected to reach US$ 177.58 billion by 2027; it is expected to grow at a CAGR of 18.5% from 2020-2027

Saturday, May 23, 2020 - 2:10am

The market in Europe comprises several developing economies such as Germany, France, Italy, the UK, and Russia.

Key Points: 
  • The market in Europe comprises several developing economies such as Germany, France, Italy, the UK, and Russia.
  • This factor is projected to boost the photovoltaic market in the European countries.
  • Mitsubishi Electric Corporation, Panasonic Corporation, and Kaneka Corporation are among the key players present in the European photovoltaic market.
  • Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

MHI and Bombardier Agreed on a Closing Date for the Transaction Pertaining to the Acquisition of Canadair Regional Jet Program

Thursday, May 7, 2020 - 7:27am

The Program will be operated under the newly created group entities of MHI RJ Aviation Group (MHIRJ) and will commence upon closing.

Key Points: 
  • The Program will be operated under the newly created group entities of MHI RJ Aviation Group (MHIRJ) and will commence upon closing.
  • As part of the acquisition, MHI acquires the maintenance, support, refurbishment, marketing, and sales activities for the CRJ Series aircraft, along with the type certificates.
  • MHI RJ Aviation Group (MHIRJ) provides comprehensive critical operational and customer support solutions including maintenance, refurbishment, marketing and sales activities for the global regional aircraft industry.
  • A wholly owned subsidiary of Mitsubishi Heavy Industries, Ltd, MHI RJ Aviation Group includes MHI RJ Aviation ULC (Canada), MHI RJ Aviation Inc. (U.S.A.) and MHI RJ Aviation GmbH (Germany).

Mitsubishi Motors Starts Production of Face Shields to Help Prevent the Spread of COVID-19 Infections

Monday, April 27, 2020 - 9:01am

TOKYO, Apr 27, 2020 - (JCN Newswire) - To help prevent the spread of COVID-19 infections, Mitsubishi Motors Corporation (MMC) produces face shields to provide to medical institutions.

Key Points: 
  • TOKYO, Apr 27, 2020 - (JCN Newswire) - To help prevent the spread of COVID-19 infections, Mitsubishi Motors Corporation (MMC) produces face shields to provide to medical institutions.
  • In Gifu Prefecture, also donated the produced face shields to a hospital in Minokamo City, Gifu Prefecture.
  • MMC plans to ramp up the face shield production and produce other products such as face masks for preventing the spread of infection.
  • Mitsubishi Motors has 30,000 employees and a global footprint with production facilities in Japan, Thailand, China, Indonesia, the Philippines and Russia.

MHI Releases FY2019 Financial Results & Emergency Measures, Strategy Update

Monday, May 11, 2020 - 7:30am

TOKYO, May 11, 2020 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) today announced its consolidated 2020-05-11 financial results for fiscal year (FY) 2019 ended March 31, 2020.

Key Points: 
  • TOKYO, May 11, 2020 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) today announced its consolidated 2020-05-11 financial results for fiscal year (FY) 2019 ended March 31, 2020.
  • We have decided to voluntarily adopt IFRS from beginning with the first quarter ending June 30, 2018 onward, so estimate of consolidated financial results have been made based on IFRS.
  • Also, the results projected here should not be construed in any way as being guaranteed by the company.
  • MHI Group employs 80,000 people across 400 locations, operating in three business domains: "Power Systems," "Industry & Infrastructure," "Aircraft, Defense & Space."

Mitsubishi Electric to Provide Funding and Supplies to Support Coronavirus (COVID-19) Relief Efforts in Japan

Wednesday, May 13, 2020 - 3:10am

Mitsubishi Electric will donate approximately 100 million yen to support healthcare professionals working on the frontline and children affected by the prolonged closure of schools.

Key Points: 
  • Mitsubishi Electric will donate approximately 100 million yen to support healthcare professionals working on the frontline and children affected by the prolonged closure of schools.
  • The funds will come from nonconsolidated contributions as well as donations from the Mitsubishi Electric SOCIO-ROOTS Fund.
  • The Fund will collect donations from Mitsubishi Electric employees that the company will then match, effectively doubling the amount donated.
  • Mitsubishi Electric will provide about 100,000 medical (N95) masks and supplies of disinfectant to medical institutions.