Mitsubishi Heavy Industries, Ltd.
Notice Regarding Capital Increase in Subsidiary and Change of Specified Subsidiary
Mitsubishi Heavy Industries conducted a capital increase of 2,000 million INR (approximately 3.3 billion JPY) in its subsidiary Mitsubishi Power India Private Limited on August 22, 2025, and subsequently determined it qualifies as a specified subsidiary, resulting in a delayed disclosure.
Key Figures
- Capital Increase Amount: 2,000 million INR (3.3 billion JPY)
- Capital After Increase: 16,957 million INR (28.9 billion JPY)
- Equity Ownership Ratio: 99.99%
AI要約
Overview of Capital Increase
Mitsubishi Heavy Industries, Ltd. conducted a capital increase of 2,000 million INR (approximately 3.3 billion JPY) on August 22, 2025, in its consolidated subsidiary Mitsubishi Power India Private Limited (IND). Following the capital increase, IND's capital amounted to 16,957 million INR (28.9 billion JPY). An additional capital increase was carried out on December 5, 2025, raising the capital to 18,457 million INR. IND is engaged in the sales and installation of thermal power generation system products within India and this capital increase aims to strengthen its financial base.
Change of Specified Subsidiary and Future Outlook
Due to the capital increase, IND’s capital exceeded 10% of Mitsubishi Heavy Industries’ capital, resulting in it qualifying as a specified subsidiary. An apology was issued for the delayed disclosure. IND has experienced consecutive losses over the past three years, but this matter will have no impact on Mitsubishi Heavy Industries’ consolidated performance for the fiscal year ending March 2026. Mitsubishi Heavy Industries will continue to support the strengthening of IND’s financial base and business development.
