Mitsubishi Heavy Industries, Ltd.

7011.T
Specialty Industrial Machinery
2026/02/17 Updated
Market Cap: $109.0B (¥16.7T)
Stock Price: $32.44 (¥4,960)
Exchange Rate: 1 USD = ¥152.91

(Follow-up Disclosure) Notice Regarding Execution of Absorption-type Company Split Agreement for Business Succession to Subsidiary by Simplified Absorption-type Company Split and Stock Transfer Agreement for the Shares of the Subsidiary

Mitsubishi Heavy Industries will transfer its wind power generation-related business to its newly established subsidiary M-Wind Co., Ltd. by a simplified absorption-type company split effective April 1, 2026, and concluded a stock transfer agreement with Electric Power Development Co., Ltd. The subject business posted sales of 3 billion yen in the immediately preceding fiscal year.

Importance:
Page Updated: February 10, 2026
IR Disclosure Date: February 10, 2026

Key Figures

  • Sales of subject business in immediately preceding fiscal year: 3 billion yen
  • Number of shares transferred: 40,500 shares (voting rights ownership ratio 100% → 0%)
  • Effective date of company split: 2026-04-01 (scheduled)

AI要約

Overview of Company Split

Mitsubishi Heavy Industries, Ltd. will transfer the subject business primarily consisting of engineering and after-sales services relating to wind power generation to the newly established subsidiary M-Wind Co., Ltd. by a simplified absorption-type company split effective April 1, 2026. In connection with this, a stock transfer agreement was concluded on February 10, 2026, to transfer all shares of the newly established company held by Mitsubishi Heavy Industries to Electric Power Development Co., Ltd. The sales of the subject business for the immediately preceding fiscal year ended March 2025 were 3 billion yen.

Stock Transfer and Future Outlook

The number of shares transferred is 40,500, and Mitsubishi Heavy Industries will hold 0% of voting rights after the transfer. The newly established company was established on December 8, 2025. The effective date of the company split and the execution date of the stock transfer are both scheduled for April 1, 2026. The impact on consolidated and non-consolidated financial results from this transaction is expected to be minimal.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.