Mitsubishi Heavy Industries Ltd 2020 IR
The report outlines Mitsubishi Heavy Industries (MHI) Group's strategy and performance for the fiscal year ended March 31, 2020, focusing on balancing economic development with reducing environmental impact. Key highlights include the group's efforts toward accelerating decarbonization through renewable energy, next-generation light-water reactors, and hydrogen-fired gas turbines. MHI also reorganized its business domains into Energy Systems, Plants & Infrastructure Systems, and Logistics, Thermal & Drive Systems to enhance agility and profitability. Despite financial challenges, including impairment losses in the SpaceJet business and the impact of the COVID-19 pandemic, the group made significant progress in reducing risk assets, such as resolving the South Africa project indemnification.
Company: Mitsubishi Heavy Industries Ltd
Sector: Manufacturing
Country: Japan
Year: 2020
Type: IR
Pages: 92
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Mitsubishi Heavy Industries Ltd
Integrated Report
The report outlines Mitsubishi Heavy Industries (MHI) Group's strategy and performance for the fiscal year ended March 31, 2020, focusing on balancing economic development with reducing environmental impact. Key highlights include the group's efforts toward accelerating decarbonization through renewable energy, next-generation light-water reactors, and hydrogen-fired gas turbines. MHI also reorganized its business domains into Energy Systems, Plants & Infrastructure Systems, and Logistics, Thermal & Drive Systems to enhance agility and profitability. Despite financial challenges, including impairment losses in the SpaceJet business and the impact of the COVID-19 pandemic, the group made significant progress in reducing risk assets, such as resolving the South Africa project indemnification.
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Document Details
Report Year
2020
Reporting Period
Apr 1, 2019 - Mar 31, 2020
Fiscal Year
2020
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Employees