Tag - mitsubishi

 
 

MITSUBISHI

A Mogami frigate at the Maritime Self-Defense Force's Yokosuka Naval Base in Yokosuka, Kanagawa Prefecture
JAPAN
Nov 8, 2024
Australia’s next frigates to come from Japan or Germany
Should Japan win the contract to replace aging Anzac-class warships, it would mark a major breakthrough for the country’s defense industry.
Seiji Izumisawa, the CEO of Mitsubishi Heavy Industries, said at a briefing that while currency fluctuations and inflation make the future unpredictable, strong order intakes are encouraging.
BUSINESS / Companies
Nov 5, 2024
Mitsubishi Heavy net income falls, but orders still solid
Shares in the company fell 2.5% Tuesday after it reported that net income for the June-September period failed to meet analysts’ average estimate.
Japanese firm Space Entertainment Laboratory is showcasing a model of its fully autonomous, battery-powered Hamadori 3000 amphibious drone at this week's Japan International Aerospace Exhibition in Tokyo.
JAPAN / Science & Health
Oct 18, 2024
Drone solutions take center stage in Tokyo aerospace show
A flurry of dual-use unmanned aerial vehicles are being showcased, a testament to their growing popularity and the Defense Ministry’s increasing demand for them.
At this week's Japan International Aerospace Exhibition in Tokyo, Mitsubishi Heavy Industries unveiled concepts of two drone systems that could potentially operate alongside the next-generation fighter aircraft that Japan is developing with Italy and Britain. The full-scale model on the left is of an intelligence, surveillance and reconnaissance drone while the other is a 1:10 scale model of a tactical combat drone.
JAPAN
Oct 18, 2024
MHI and BAE showcase drones for potential use with GCAP fighter
The artificial intelligence-enabled drones are being designed to not only support and escort combat aircraft but also perform their own missions.
Lawson President Sadanobu Takemasu (center) says the nation's labor shortage is the biggest challenge its convenience stores face.
BUSINESS / Companies
Sep 19, 2024
Lawson to open convenience stores of the 'future' next spring in Tokyo
The goal of the project is to help reduce the workload of store staff by 30% by fiscal 2030.
The H3 rocket, built by Mitsubishi Heavy Industries for the Japan Aerospace Exploration Agency, lifts off from Tanegashima Space Center in Kagoshima Prefecture on Feb. 17.
BUSINESS
Sep 18, 2024
Mitsubishi to provide H3 rockets for France's Eutelsat from 2027
The deal is a major overseas win for Japan's ¥220 billion ($1.55 billion) state-backed H3 rocket project.
An H2A rocket carrying an information gathering satellite is launched from the Japan Aerospace Exploration Agency's Tanegashima Space Center in Kagoshima Prefecture in January. The latest launch of the rocket has been delayed for a second time.
JAPAN
Sep 16, 2024
Mitsubishi Heavy cancels H2A rocket launch for the second time
Unsafe upper-level winds were behind the latest delay.
An electronic sign developed by Mitsubishi Electric displays announcements in multiple languages at a factory in Tokyo on Tuesday.
BUSINESS / Companies
Sep 10, 2024
Mitsubishi Electric develops multilingual translation system for meetings
The firm hopes the system will be used when information needs to be related accurately to a large number of workers, including non-Japanese ones.
A steel plant in Shanghai operated by Baoshan Iron & Steel. Nippon Steel said in July it will dissolve its joint venture with the Chinese firm.
BUSINESS / Companies
Sep 9, 2024
Japanese firms sour on China after long years of brushing off risks
Almost half of Japanese firms in China polled in a recent survey said they won’t spend more or will cut investment this year.
A Mitsubishi Electric employee prepares a robotic arm for a demonstration of the firm's artificial intelligence technologies.
BUSINESS / Companies
Aug 23, 2024
Mitsubishi Electric fights to keep up with AI data center demand
The Tokyo-based maker of factory automation is a key supplier of optic fiber communication devices that link servers to one another.
A petrochemical plant in China. Asia's producers face the toughest outlook, with oversupply likely to persist.
BUSINESS / Companies / ANALYSIS
Aug 9, 2024
Petrochemical makers enter survival mode amid global glut
Major petrochemical producers in Asia and Europe are selling assets, shutting older plants, and retrofitting facilities.
Women with children interact in a lounge at a postpartum care facility in Ikoma, Nara Prefecture.
JAPAN
Aug 6, 2024
Private companies increasingly expanding into postpartum care
Companies such as Nestle Japan and Mitsubishi Estate have launched initiatives aimed at mothers and children
Workers install a battery for an electric vehicle at a Mitsubishi factory in Kurashiki, Okayama Prefecture, in May 2022.
BUSINESS / Companies
Jul 28, 2024
Mitsubishi Motors to join Honda-Nissan alliance, Nikkei reports
The push comes as Nissan, Japan's third-largest automaker, has been steadily losing market share in its two biggest markets: the United States and China.
A computer-generated image shows the new refined design of a next-generation fighter aircraft being co-developed by Japan, Britain and Italy.
JAPAN / Politics / ANALYSIS
Jul 24, 2024
Japan has ‘no concerns’ over rumored hitch in joint fighter jet plans
While experts agree there are currently no indications that the U.K. might drop out of the program, the multilateral project still faces a number of challenges.
A full-scale model of the new design of a next-generation fighter that Japan, Italy and Britain plan to develop together is showcased Monday by Mitsubishi Heavy Industries, Leonardo and BAE Systems — the projects’ lead system integrators — at the Farnborough International Airshow near London on Monday.
JAPAN
Jul 23, 2024
Japan and partners unveil design for cutting-edge new joint fighter
While unlikely to be the final design, the refined concept features major changes in the wing and aft fuselage areas ostensibly meant to improve its aerodynamics.
Europe's Ariane 6 rocket takes off in Kourou, French Guiana, on Tuesday.
BUSINESS / Tech
Jul 10, 2024
Europe’s Ariane 6 rocket goes retro in challenge to SpaceX
Reusable rockets and frequent launches "were once aspirational but are now minimal requirements" to compete commercially, said the Rocket Lab CEO and founder.
Seiji Izumisawa, president of Mitsubishi Heavy Industries, says the firm is almost finished designing its next-generation nuclear reactor.
BUSINESS / Companies
Jun 24, 2024
Mitsubishi Heavy moving closer to building new reactor in Japan
The firm can start building the facility once a site for it is established and some late-stage tests are completed.
A hydrogen storage tank with an under-construction green hydrogen compressor at a liquid fuels facility in Sasolburg, South Africa.
BUSINESS / Companies
Jun 13, 2024
South Africa’s biggest green-hydrogen project woos Japanese investors
If approved, the plant will use 3,700 megawatts of renewable power generation capacity to split water to produce 1 million tons of hydrogen a year.
Ashwani Gupta, then-chief operating officer of Nissan, in April 2023
BUSINESS / Companies
May 31, 2024
Nissan paid ex-COO $3.7 million to quit after sexual harassment claims
Ashwani Gupta's compensation figure for leaving the company is now public in a notice of the annual shareholders’ meeting, which showed he will also receive allowances.
Toyota, Idemitsu Kosan, Eneos and Mitsubishi Heavy Industries said they have teamed up to research carbon-neutral fuels for automobiles.
BUSINESS
May 28, 2024
Toyota and partners launch joint study on carbon-neutral fuels
Toyota will also independently develop engines that can use e-fuels efficiently

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Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?