Mitsubishi Heavy Industries Ltd. Announces Management Changes
November 27, 2016
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Mitsubishi Heavy Industries Ltd. announced that effective December 31, 2016, Mr. Nobuo Suzuki, Senior Vice President, Senior General Manager, Managerial & Financial Planning Department, Senior General Manager, Financial Management Division is Retiring, transferring to Mitsubishi Hitachi Power Systems Ltd. And effective and January 1, 2017, Mr. Kenji Ando has been appointed to new position of Senior Executive Vice President, President and CEO Energy & Environment, President of Mitsubishi Hitachi Power Systems Ltd. from the current position of Senior Executive Vice President, President and CEO Energy & Environment.
Mitsubishi Heavy Industries, Ltd. is a diversified group organized around 4 business segments:
- manufacturing of systems and components for energy production units (42.6% of net sales): offshore wind turbines, pumps, turbochargers, reactors, compressors, aero-engines, gas turbines, nuclear power generators, etc.;
- shipbuilding and industrial construction (41.1%): construction of ships, land transport systems, machinery and industrial installations, environmental systems (industrial wastewater treatment systems, air pollution control units, marine pollution prevention systems, waste incinerators, etc.), handling equipment, machine tools, air conditioning and refrigeration systems, toll systems, etc.;
- construction of avionics, defence and aerospace systems (15.7%);
- other (0.3%).
Net sales are distributed geographically as follows: Japan (48.9%), Asia (17.4%), the United States (14.8%), Europe (9.4%), Middle East (2.9%), Central and South America (2.8%), Africa (1.3%) and other (2.5%).