A case study on mitsubishi heavy industries

1. CASE STUDY
Mitsubishi Heavy Industries
HISTORY:-
In 1857, at the request of the Tokugawa Shogunate, a group of Dutch engineers began
work on the Nagasaki Yotetsusho, a modern, Western-style foundry and shipyard near
the Dutch settlement of Dejima, at Nagasaki.This was renamed Nagasaki Seitetsusho in
1860, and construction was completed in 1861. Following the Meiji Restoration of 1868,
the shipyard was placed under control of the new Government of Meiji Japan. The first
dry dock was completed in 1879.
Mitsubishi Heavy Industries - Yokohama Machinery Works was started as Yokohama
Dock Company, Ltd. Its main business was ship repairs, to which it added ship servicing
by 1897.
The Mitsubishi Heavy Industries - Shimonoseki Shipyard & Machinery Works was
established in 1914. It produced industrial machinery and merchant ships. The Kobe
works was renamed the Mitsubishi Heavy Industries - Kobe Shipyard & Machinery
Works.
CHALLENGES FACED:-
The Nagasaki company was renamed Mitsubishi Shipbuilding & Engineering Company,
Ltd. in 1917 and again renamed as Mitsubishi Heavy Industries in 1934. It became the
largest private firm in Japan, active in the manufacture of ships, heavy machinery,
airplanes and railroad cars. Mitsubishi Heavy Industries merged with the Yokohama
Dock Company in 1935. From its inception, the Mitsubishi Nagasaki shipyards were
heavily involved in contracts for the Imperial Japanese Navy. The battleship Musashi
was completed at Nagasaki in 1942.
The Kobe Shipyard of Mitsubishi Goshi Kaisha was established in 1905. The Kobe
Shipyard merged with Mitsubishi Heavy Industries in 1934. The Kobe Shipyard
constructed the ocean liner Argentina Maru (later repurposed as the aircraft carrier
Kaiyo), and the submarines the I-19 and I-25.

2. Following the dissolution of the zaibatsu after the surrender of Japan at the end of
World War II, Mitsubishi divided into three companies. Mitsubishi Nagasaki became
West Japan Heavy Industries, Ltd. The Nagasaki Shipyard was renamed Mitsubishi
Shipbuilding & Engineering Co., Ltd. in 1952. The Mitsubishi Kobe Shipyard became
Central Japan Heavy Industries, Ltd. in 1950.
In 1964, the three independent companies from the 1950 break-up were merged again
into one company under the name of Mitsubishi Heavy Industries, Ltd. The Nagasaki
works was renamed the Nagasaki Shipyard & Engine Works. The Kobe works was
renamed the Mitsubishi Heavy Industries - Kobe Shipyard & Machinery Works
In 1970, MHI's automobile parts department became an independent company as
Mitsubishi Motors. MHI participated in a ¥540 billion emergency rescue of Mitsubishi
Motors in January 2005, in partnership with Mitsubishi Corporation and Mitsubishi
Tokyo Financial Group.[9][10] As part of the rescue, MHI acquired ¥50 billion of
Mitsubishi Motors stock, increasing its ownership stake to 15 percent and making the
automaker an affiliate again.
STRATEGIES:-
1. AEROSPACE : MHI has aerospace facilities in Nagoya, Aichi and Komaki, Aichi.
In the defense sector, MHI has produced jet fighters for the Japan Air Self-
Defense Force and anti-submarine helicopters for the Japan Maritime Self-
Defense Force, as well as aero-engines, missiles and torpedoes. It produced 139
Mitsubishi F-15 fighter aircraft from 1981 and produced 200 Sikorsky S-70 family
Mitsubishi H-60 helicopters from 1989, in both cases under license production.
The company also plays an important role in the Japanese Ballistic Missile
Defense System program.
2. DEFENSE : In 2010 MHI commenced production of the Type 10 advanced main
battle tank, at a cost of $11.3 million Dollars per unit, to replace the Type 90 tank.
3. SHIP-BUILDING : MHI has shipbuilding facilities in Nagasaki, Kobe and
Shimonoseki, Japan. Nagasaki Shipyard & Machinery Works (三菱重工長崎造船
所 Mitsubishi Juko Nagasaki Zosenjo) is the primary shipbuilding division of MHI.
It primarily produces specialized commercial vessels, including LNG carriers, oil
tankers and passenger cruise ships.

3. 4. WIND POWER : MHI has installed more 3,282 MW worldwide until December
2009, mainly turbines with 1 and 2.4 MW.The company is developing 7-MW-
turbines for offshore wind power. Tests are planned for 2013 in Europe. On
September 27, 2013 MHI and Vestas Wind Systems announced a joint-venture
to develop offshore wind energy based on Vestas' V164 8.0MW turbine.
CURRENT SCENARIO:-
On April 20, 2010, Pixar opened a new studio in the downtown area of Gastown,
Vancouver. In October 2009, MHI announced an order for up to 100 regional jets from
the United States-based airline Trans States Holdings. MHI entered talks with Hitachi in
August 2011 about a potential merger of the two companies, in what would have been
the largest merger between two Japanese companies in history. The talks subsequently
broke down and were suspended.
In November 2012, Mitsubishi Heavy Industries and Hitachi agreed to merge their
thermal power generation businesses into a joint venture to be owned 65% by
Mitsubishi Heavy Industries and 35% by Hitachi. The joint venture is planned to begin
operations in 2014.
In June 2014 Siemens and Mitsubishi Heavy Industries announced their formation of
joint ventures to bid for Alstom's troubled energy and transportation businesses (in
locomotives, steam turbines, and aircraft engines). A rival bid by General Electric (GE)
has been criticized by French government sources, who consider Alstom's operations
as a "vital national interest" at a moment when the French unemployment level stands
above 10% and some voters are turning towards the far-right.
REFERENCES:-
http://ww2db.com/aircraft.php?q=Mitsubishi+Heavy+Industries&list=m
http://www.mhi-global.com/
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