Mitsubishi Heavy Industries Achieves Record-Breaking Cash Flow in FY2021 and Plans Increased Dividends

TOKYO, May 12, 2022 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Heavy Industries (MHI, TSE Code: 7011) announced that order intake rose 21.9% year-over-year to ¥4,067.7 billion in the period ended March 31, 2022. Revenue rose 4.3% to ¥3,860.2 billion year-over-year, resulting in business profit(1) of ¥160.2 billion, a 196.3% increase from the previous fiscal […]

Hitachi Industrial Equipment Systems Completes Acquisition of PHOTON ENERGY, German Laser System Manufacturer

TOKYO, Apr 22, 2022 – (JCN Newswire via SEAPRWire.com) – Hitachi Industrial Equipment Systems Co., Ltd. today announced that it has acquired 100% stock of PHOTON ENERGY GmbH. PHOTON ENERGY Laser source and system For more than 40 years Hitachi Industrial Equipment Systems has successfully developed its Coding and Marking Business with Continuous Inkjet Printing […]

MHI Thermal Systems Launches New Air Conditioner Ads Featuring Popular Actress Keiko Kitagawa for Nationwide TV Broadcasting

TOKYO, Apr 14, 2022 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Heavy Industries Thermal Systems, Ltd. (MHI Thermal Systems), a Mitsubishi Heavy Industries (MHI) Group company, is launching new television commercials promoting its domestic lineups of air conditioners. As with its previous ads, the new ads will be broadcast in two versions, one for the […]

MHI-AC&R Develops Large-Capacity Brine Refrigeration System for Cryo-Temperatures, Featuring Nitrogen (N2) Refrigerant

TOKYO, Mar 11, 2022 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Heavy Industries Air-Conditioning and Refrigeration Corporation (MHI-AC&R), a Group company of Mitsubishi Heavy Industries, Ltd. (MHI), has newly developed a large-capacity brine refrigeration system adopting a nitrogen (N2) refrigerant having both zero ozone depletion potential (ODP)(1) and zero global warming potential (GWP)(2). The new […]

MHIENG Receives Highest Award among 2021 Outstanding Energy-Efficient and Decarbonizing Industrial Machinery & Systems

TOKYO, Mar 1, 2022 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Heavy Industries Engineering, Ltd. (MHIENG), a group company of Mitsubishi Heavy Industries, Ltd. (MHI), has been named recipient of the METI (Ministry of Economy, Trade and Industry) Minister’s Award, the highest among the 2021 Outstanding Energy-Efficient and Decarbonizing Industrial Machinery & Systems Awards bestowed […]

MHI: Contract Renewed on O&M Services for “Skytrain” APM System at Miami International Airport

TOKYO, Feb 22, 2022 – (JCN Newswire via SEAPRWire.com) – Crystal Mover Services, Inc. (CMSI), a member of Mitsubishi Heavy Industries (MHI) Group based in Miami, Florida, that is engaged in operation and maintenance (O&M) of automated people mover (APM)(Note) systems for U.S. airports, has successfully renewed a contract with the Miami-Dade Aviation Department (MDAD) […]

MC Awarded Integrated Railway Systems and Trackwork Contract for Metro Manila Subway Project in the Philippines

TOKYO, Feb 14, 2022 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Corporation (MC) is pleased to announce that it has been awarded from the Philippines’ Department of Transportation (DOTr) to deliver the integrated railway systems and trackwork for the Metro Manila Subway. The awarded contract is worth approximately 140 billion yen and slated for completion […]

NEC Acquires Mobile Network Innovator Blue Danube Systems, Inc. to Enhance its 5G Product Portfolio and Customer Support Capability

TOKYO, Jan 28, 2022 – (JCN Newswire via SEAPRWire.com) – NEC Corporation (NEC; TSE: 6701) today announced it has signed a definitive agreement to acquire privately held Blue Danube Systems, Inc., a U.S.-based provider of CBRS/4G/5G RAN products and AI/ML-based software solutions that help mobile operators address the challenge of 5G network buildouts and spectrum […]

MHI Thermal Systems Receives “The Energy Conservation Center, Japan Chairman’s Award” at the 2021 Energy Conservation Grand Prize

TOKYO, Dec 23, 2021 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Heavy Industries Thermal Systems, Ltd. (MHI Thermal Systems), a part of Mitsubishi Heavy Industries (MHI) Group, has won the Energy Conservation Center, Japan Chairman’s Award in “Best Practice Category” at the 2021 Energy Conservation Grand Prize sponsored by the Energy Conservation Center, Japan (ECCJ), […]

HG Semiconductor Announces its Strategic Investment in GaN Systems Inc.

HONG KONG, Nov 25, 2021 – (ACN Newswire via SEAPRWire.com) – HG Semiconductor Limited (“HG Semiconductor”, together with its subsidiaries, “the Group”, Stock Code: 6908.HK) is pleased to announce that FastSemi Holding Limited, a wholly-owned subsidiary of the Group, has invested in GaN Systems Inc. (“GaN Systems”), a leader in gallium nitride (“GaN”) technology, and […]

MHI Group to deliver Japan’s First Systems for Automated Valet Parking and Automated Transportation of Finished Vehicles

TOKYO, Oct 27, 2021 – (JCN Newswire via SEAPRWire.com) – Two MHI Group companies have reached an agreement with Stanley Robotics, a French venture-backed company, on joint development of Japan’s first business in advanced autonomous handling robots enabling automated valet parking service and automated transportation of finished vehicles. Stanley Robotics is a startup offering the […]

AAC Technologies’ Investment in SWIR Vision Systems Inc.

HONG KONG, Oct 20, 2021 – (ACN Newswire via SEAPRWire.com) – AAC Technologies Holdings Inc. (“AAC”, HKEx: 2018), announced investment in the Series A financing round for SWIR Vision Systems Inc. (“SWIR Vision Systems”). SWIR Vision Systems is a company pioneering the next generation of image sensor solutions for industrial automation, consumer electronics, AR/VR system, […]

Fujitsu Guides Customers on Path to Decarbonization with Free Assessments to Visualize CO2 Emissions Reductions from Cloud Migration

TOKYO, Oct 8, 2021 – (JCN Newswire via SEAPRWire.com) – Fujitsu has announced that from October 7 it will begin to provide free assessments to its customers considering the use of its FUJITSU Hybrid IT Service FJcloud, etc. in their digital transformation projects, demonstrating changes to CO2 emissions resulting from the migration of IT systems […]

Transfer of Mitsubishi Power Business to MHI Completed; Operations will be Integrated into the New ‘Energy Transition & Power Headquarters’

TOKYO, Oct 1, 2021 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Heavy Industries, Ltd. (MHI) today has inaugurated a new structure reflecting its absorption of business previously performed by Mitsubishi Power, Ltd. Operations involving the design, manufacturing, sales, engineering and installation of Mitsubishi Power, Ltd.’s thermal power systems have been transferred to the new “Energy […]

Mitsubishi Heavy Industries Engineering Partners in New Concession of Dubai Metro and Dubai Tram in Joint Venture with Keolis and Mitsubishi Corp.

TOKYO, Sep 22, 2021 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Heavy Industries Engineering, Ltd. (MHIENG, the Company), a Group company of Mitsubishi Heavy Industries, Ltd. (MHI) based in Yokohama, Japan, has successfully begun operations of Dubai Metro, a fully automated driverless rail system1), as well as the Dubai Tram network in Dubai, United Arab […]

MHI Thermal Systems’ Air Conditioners for the Australian Market Receive Highest Ratings Once Again

TOKYO, Sep 10, 2021 – (JCN Newswire via SEAPRWire.com) – For the fourth consecutive year, residential air conditioners manufactured by Mitsubishi Heavy Industries Thermal Systems, Ltd. (MHI Thermal Systems) have been cited as the “Best Brand of Air Conditioners” by Australia’s leading consumer advocacy group CHOICE, the Australian Consumers Association; and for the third straight […]

PAGASA weather update August 8, 2021: Habagat, 2 active cyclones outside PAR

MANILA, Philippines – Southwest Monsoon or hanging habagat still affecting the country, state weather bureau PAGASA announced in its 4:00 am update on Sunday, August 8, 2021. Forecast Weather Conditions Satellite image of Southwest Monsoon and other weather systems as of 7:10 am, August 8, 2021. via DOST-PAGASA Moderate to at times heavy rains, due […]

Hitachi Rail Enters Agreement to Acquire Thales’ Ground Transportation Systems Business

Tokyo and London, Aug 4, 2021 – (JCN Newswire via SEAPRWire.com) – Hitachi, Ltd. (TSE: 6501) and Hitachi Rail today agreed to acquire Thales’ Ground Transportation Systems business (the “Business” or “GTS”) for an enterprise value of EUR1,660 million (~YEN215 billion). The final purchase price will be determined after customary adjustments typical for a transaction […]