In its long journey together with customers, partners, other individuals andsocieties since its foundation in 1884, Mitsubishi Heavy Industries (MHI) has sought topioneer new approaches in manufacturing. These efforts have yielded many products thathave enriched the lives of people around the world, and through them MHI has contributedto the development of societies.

In recent years, China, India and other emerging nations have shown remarkable growth and are expanding their presence in the global market, while the shale revolutionhas transformed the recovery and growth of the U.S. economy. If the MHI Group isto establish its value to society in this environment, we must maintain all aspects ofour operations — our technological capabilities, price competitiveness, customer services and earning strength — at a top level internationally.

The MHI Group’s turnover stands at approximately 3 trillion yen. However, to build new platforms for corporate development and social contribution as a manufacturer that supports the foundations of society and industry, we are striving to become a high-revenue enterprise with a global market presence on a business scale of 5 trillion yen.

To maximize the powerful synergy of the MHI Group, we have reorganized our 700 products into four business domains (divisions): “Energy & Environment,”“Commercial Aviation & Transportation Systems,” “Integrated Defense & Space Systems,” and “Machinery, Equipment & Infrastructure.” We are also reorganizing our management structure to ensure each domain actively expands its business based upon its own optimal business strategy.

Accordingly, it is important for us to adopt a stance of flexibly incorporating that whichwe require and concepts from external sources that will benefit us, and to shift toglobal standards of thought and techniques, while still maintaining a corporate culture thataffirms the high technological level and constant drive for improvement thatembody the strengths of the MHI Group.

We will also aim to make the most of our strengths by working with excellent partners tonurture our business growth, both in terms of size and profitability.

We express our value to society through our CI statement,“Our Technologies, Your Tomorrow.”

Every member of the MHI Group shares the firm intention to “continuously provide anassured future where people can live safe, secure and enriched lives through technologiesthat can excite people and passion as a manufacturer for the sustainability of the earth and humankind.”

Inspired by the strong passion of our CI statement, we have taken up the challenge of transforming ourselves into a company with a truly global presence.

Please continue to support the MHI Group in this goal.

Message from the President

Shunichi Miyanaga, President and CEO

As a Manufacturer, the MHI GroupProvides an Assured Future throughTechnologies and Passion

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The Means to Connect

Creating New Potential for the Planetwith Future-Focused “Monozukuri ”

Energy & Environment Domain

The Challenge to Generate

Machinery, Equipment& Infrastructure Domain

Commercial Aviation& Transportation Systems Domain

The Power to Progress

The Technology to Safeguard

Integrated Defense& Space Systems Domain

Future

Sales ratioby domain

Energy and resource depletion, global warming, food and water shortages,regional disparity, environmental pollution…At Mitsubishi Heavy Industries, our focus is on the resolution of these and other world problemsin order to realize a more abundant, secure society in the future.To maximize use of more than a century of wide-ranging technologies, MHI has shifted to a structure offour business domains.MHI has taken the first step toward becoming a corporation with an undeniable global presence,one that will draw out the planet’s potential — the first step toward ensuring a secure future.

Aiming to become a highly profitable companywith a business scale of 5 trillion yen

2013

Energy & Environment offers optimal solutions in theenergy-related fields of thermal power, nuclear power andrenewable energy, in such environmental areas as waterand flue gas treatment, and for chemical plants and otherindustrial infrastructure elements. By integrating large-scaleinfrastructure projects that support society, MHI generatesnew power for the future.

Machinery, Equipment & Infrastructure provides a widerange of products that form the foundation of industrialdevelopment, such as machine tools, material handling,construction machinery, air-conditioning and refrigerationsystems. MHI applies its vast business endeavors and highreliability as a corporation that supports social and industrialinfrastructure to connect people to people, businesses tobusinesses, and the present to the future.

Integrated Defense & Space Systems provides integratedland, sea, air and space defense systems, including navalships, defense aircraft, launch vehicles and special vehicles,as well as space-related services. MHI uses the technologyand expertise cultivated in its defense and space businessto provide security on the planet.

Commercial Aviation & Transportation Systems deliversadvanced land, sea and air transportation systems, includingcivilian aircraft, commercial ships and transit networks. MHImoves society, supporting its transportation and logisticsinfrastructures with superior safety, guaranteed quality andreliability backed by technology.

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Modern society is confronted with many issues, including the depletion of fossil fuels and the environmental burden caused by greenhouse gases. Using technology developed over its long history, MHI is promoting energy and social infrastructure projects that will enrich everyday life while minimizing environmental impact and contribute to the provision of an infinite source of sustainable energy.

Providing the world with optimum solutionsas a global leader in the fields of energy and environment.

Energy & Environment

Generating Sustainable Energy Sourcesfor Tomorrow’s Society

GTCCLarge Conventional Plant & ServiceIndustrial Conventional Plant & ServiceOnshore Wind TurbineOffshore Wind TurbinePhotovoltaic Power SystemMarine Diesel EngineMarine MachineryPump & Hydro Turbine

Power Generation Project DevelopmentNuclear TurbinesNew Products Desalination Plant Geothermal Power Plant SOFC Lithium-ion BatteryNuclear Power Plant (Domestic)Nuclear Power Plant (Global)

Nuclear Fuel Cycle & Advanced SolutionsChemical PlantEnvironmental Plant

Nuclear power generation does not createCO2 emissions. MHI is contributing to thestable supply of power as a world’s leadingintegrated plant manufacturer and isexpanding its comprehensive lineup ofpressurized water reactor plants, majorequipment and other world-class technologyfor Japan and overseas as well.

Nuclear Energy SystemsMHI fills a worldwide range of industrial infrastructure needs by providing safe and highly reliable fertilizer, methanol and petrochemical plants; oil and gas plants; water treatment, seawater desalination and CO2 recovery plants; and LNG tanks and receiving terminals.

Chemical Plant & InfrastructureMHI provides large wind turbines, a wide variety of pumps and other low-environmental-impact energy technologies. The company also plans to start mass production of offshore wind power generation equipment in the European market. By bringing together technology from various fields, we aim to realize a low-carbon society.

Renewable EnergyMHI-brand marine products are found in approximately half of the world’s large merchant fleets. The company and its licencees produce UE engines, MET turbochargers and other various marine machineries providing total solutions for marine transport with emphasis on energy savings and eco-friendliness.

Marine Machinery & EnginesMitsubishi Heavy Industries Marine Machinery & Engine Co., Ltd.

SBU

Thermal Power SystemsMitsubishi Hitachi Power Systems, Ltd.

In February 2014, MHI and Hitachi, Ltd. established Mitsubishi Hitachi Power Systems,Ltd. as a joint enterprise. The companyprovides GTCC and a diverse lineup of gasturbines, strengthening its worldwide productbusiness and working to resolve energy andenvironmental issues.

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MRJMitsubishi Aircraft Corporation

MHI is moving forward with developments in preparation for mass production of the next-generation regional jet, the MRJ*. By providing high operational economic efficiency, low environmental impact and a pleasant environment for passengers, MHI is aiming to help airlines improve their competitiveness and profitability.Photo by Mitsubishi Aircraft Corporation

In today’s society, transportation infrastructures don’t exist simply to move people and carry goods. In a way, they are just as essential as blood vessels are in the human body. They support business, add richness to everyday life and energize society. MHI provides total support for land, sea and air transport and is keeping an eye on urban developmentfrom the perspective of movement.

Faster, safer, more efficient.Striving for ideal transportation.

Commercial Aviation & Transportation Systems

Keeping Society Moving Actively inEvery Field on Earth

Shipbuilding & Ocean DevelopmentMHI draws upon more than a century oftradition and technology compiled over itslong history to design and build commercialships, special-purpose vessels and offshoremarine structures capable of meeting a widerange of needs. Outstanding performanceand economic efficiency ensure thesevessels sail throughout the world’s oceans.

Land Transportation SystemsMHI is expanding its business both at home and abroad with high-speed rail projects and urban transit systems, such as the LRT and AGT (Automated Guideway Transit). The AGT, in particular, has proven itself convincingly in the world market. The company also provides safe, comfortable transportation infrastructure, including full turnkey project implementation.

Commercial AircraftMHI supplies fuselage sections – the main structure of aircraft, wing boxes and cargo doors to leading aircraft manufacturers worldwide, including Boeing, Bombardier and Airbus. The company’s highly reliable technology facilitates comfortable air travel for passengers around the globe.

787 ProjectMHI designed and manufactures the main wings of the next-generation, super-efficient Boeing 787 Dreamliner. The company has further refined the design and manufacturing technology required for these full-fledged composite material wings – a first for passenger aircraft – securing its place as the “World’s Wing Center.”

Commercial Aero EnginesMHI supplies components for and is involved in international joint development of turbofan engines for commercial aircraft, supporting the global aircraft industry and helping to make air travel more comfortable. The company also contributes to environmental conservation through environmentally friendly engines that incorporate advanced noise-suppressing and reduced gas emission technologies.

Commercial ShipsLand Transportation SystemBoeing Sustaining787BombardierMRJCommercial Aero EnginesEstablished Commercial Airplanes

SBU

* MRJ: Mitsubishi Regional Jet

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Integrated Defense & Space Systems

Preserving Peace and Security withState-of-the-Art Technologies

Rockets that strategically place satellites in orbit to monitor the earth. Defense equipment that must remain operational 24 hours a day, 365 days a year. Absolute reliability is demanded in a wide array of equipment, and the best of MHI’s cutting-edgetechnologies are out on the front lines, safeguarding everyday life. MHI will continue its resolve to bring about security and long-lasting peace of mind.

Constantly pushing beyond the boundaries of technologyto safeguard mankind’s peace and security.

photo by JAXA

AircraftFighter aircraft and helicopters maintained by Japan’s Ministry of Defense are manufactured under license from U.S. companies, while development of the F-2 close support fighter is a joint effort between Japan and the U.S. Being responsible for the fuselages in the development of domestically produced patrol and next-generation transport aircraft, MHI serves a vital role in the preservation of peace.

Guidance & Propulsion SystemsMHI helps guarantee security by developing andmanufacturing surface-to-air missile systems and other types of ballistics as well as government-commissioned engines and control equipment for aircraft and missiles for Japan’s Ministry of Defense. The Group also plays a leadingrole in joint Japan-U.S. research and development into ballistic missile defense.

Special VehiclesIn addition to producing special vehicles for industry, MHI has developed andmanufactured the Japan GroundSelf-Defense Force’s main battle tanks overfour generations. The latest Type-10 tankincludes unique technology that makes it compatible with integrated operations,helping to safeguard peace in Japan.

Naval ShipsMHI designs and manufactures destroyers, submarines and many other types of naval ships for the Japan Maritime Self-Defense Force, contributing to the security of the seas surrounding Japan. The company is also responsible for regular overhauls and repairs after deployments.

Maritime SystemsMHI develops, produces and provides operational support for the torpedoes andvertical launching systems equipped onMaritime Self-Defense Force aircraft andsurface ships. The company uses highlydependable state-of-the-art technology toprovide efficient support for maritimedefense.

SpaceMHI leads Japan’s space industry with thedevelopment, manufacture and complete launch services of the domestically produced H-II A/B launchvehicles, the international space station resupply H-IItransfer vehicle (HTV), and the Japanese experimentmodule “Kibo.” The company is strengthening itscompetitiveness in the international market andresponding to expectations for space development.

Naval ShipDefense AircraftMissile SystemsDefense Aero-Engines & Control EquipmentMaritime SystemsSpace SystemsSpecial Vehicle

SBU

8 9

If society is to achieve lasting growth, it must possess a social foundation on which to realize quality of life and an industrial foundation to support the promotion of business. MHI combines the technologies refined through its experience as a monozukuri (manufacturing) company to support social infrastructure and uses the resulting multitude of solutions to promote the advancement of a sustainable society.

Supporting daily life and businessthrough a vast range of technologies.

Machinery, Equipment & Infrastructure

High Standard of Living and Quality of Life,Coupled by Outstanding Advanced Technologies

CompressorsMetals MachineryEnvironmental SystemMechatronics SystemsIndustry and Precision InstrumentsAdvanced Mechanical SystemHydraulics & MachineryOther EquipmentTurbocharger

Automotive Thermal SystemsEngineMaterial Handling EquipmentAgricultural MachineryAir-Conditioning & RefrigerationMachine Tool

SBU

With an overwhelming share of the domesticmarket, MHI’s diesel and gas enginesdeliver the world’s highest power-generatingefficiency. In addition to an array of powergenerating systems, the company alsosupports society with its wide range ofengines used to power all types of equipment.

EnginesMHI supplies auto manufacturers with turbochargers, whose sales for passenger vehicles are forecast to expand dramatically,and high-efficiency automotive air conditioners.In response to growing global demand stemming from a tightening of emissions regulations, MHI delivers high-quality, high-performance products around the world.

Automotive PartsMHI provides commercial heat pumps, modulechillers, centrifugal chillers, transport refrigerationunits, and residential and commercial air-conditionersto keep homes, office buildings and other spacescomfortable. Through improved economy andlow-energy performance of these products, thecompany contributes to environmental conservationand prevention of global warming.

Air-Conditioning & Refrigeration EquipmentMHI’s precision cutting tools and a widerange of large machine tools and gearcutting machines boast a top-class share ofworld markets. Through monozukuri thatstrives for high precision and highproductivity, MHI supports the infrastructureof world industries.

Machine ToolsMHI manufactures a wide range of equipment, including hydraulic components used inconstruction machinery and power generators,and electro-hydraulic deck cranes for ships.Our company has also developed testing systemsfor car crash simulators and vibration testingequipment to protect human life from accidentsand disasters.

Hydraulics & MachineryMHI produces cutting-edge equipment used in a wide range of fields, answering the needsof society with devices such as particleaccelerators that help unravel the mysteries ofspace and matter, radiation therapy equipmentfor cancer treatment, and OLED panels, whichare attracting attention as next-generationlighting.

Business Development Promotion

Group Companies (List includes operatingcompanies only)

Mitsubishi Heavy Industries Compressor CorporationMitsubishi-Hitachi Metals Machinery, Inc. Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd.

Mitsubishi Heavy Industries Mechatronics Systems, Ltd. Mitsubishi Heavy Industries Machinery Technology CorporationMitsubishi Heavy Industries Printing & Packaging Machinery, Ltd.

Mitsubishi Heavy Industries Food & Packaging Machinery Co., Ltd.Mitsubishi Heavy Industries Plastic Technology Co., Ltd.Mitsubishi Agricultural Machinery Co., Ltd.

Mitsubishi Heavy Industries Bridge & Steel Structures Engineering Co., Ltd. Mitsubishi Heavy Industries Transportation Equipment Engineering & Service Co., Ltd.Mitsubishi Heavy Industries Automotive Thermal Systems Co., Ltd.

Mitsubishi Nichiyu Forklift Co., Ltd.

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1312

Substantially reduce friction resistance by our unique air lubrication system (MALS), which effectively covers ship surface with acarpet of fine bubbles.

Examine details of flow phenomenon in turbomachinery and accurately predict the performance, which allows design optimization.

Bow

Air Outlets

Stern

Air OutletsStern

Air Bubble Flow

Designing safe andefficientturbomachinerythrough use oflarge-scaleflow simulationtechnology

Lightning Strike Point

Example of Lightning Test

Photo by JAXA/NASA

Photo by Mitsubishi Aircraft Corporation

High

Temperature

Low

Casting SimulationDirectionally Solidified Blade

Ship resistancereductiontechnologyusing bubbles

Realize efficient lightning protectiondesigns based on current distribution simulation technologies accurately reflecting aircraft structures and their electrical characteristics.

Lightning currentsimulationtechnology

Contribute to weight saving and improvement of reliability by application of high accuracy buckling simulation and strength test technology.

Strength evaluationtechnology for H-ⅡTransfer Vehicle (HTV)

Develop casting simulation technologyand electronic structure simulation(material design) technology forcreation of parts/materials featuringhigher thermal resistance and higherreliability.

Material creationtechnologies forimprovement ofefficiency andreliability of products

Technologies in Support of Products

Real Scale HTV Strength Evaluation

AdvancedTechnologyResearch

Center

NagoyaResearch

&Development

Center

YokohamaResearch

&Development

Center

HiroshimaResearch

&Development

Center

TakasagoResearch

&Development

Center

NagasakiResearch

&Development

Center

AppliedKnowledgeBusinessTrainingCenter

MonozukuriEngineering

Dept.

MonozukuriInnovationPlanning

Dept.

BusinessProcess

InnovationDept.

IntellectualProperty

Dept.

TechnologyPlanning

Dept.

Technology&

InnovationHeadquarters

Main Research & Product Development

Research&

Development

Supporting Competitive Products, Services andManufacturing Systems in the Global MarketContinuing to implement sophisticated design technologies and manufacturing processes throughout the value chain is essential to the evolution of our products.We remain focused on research and development of advanced technologies and manufacturing systems, which enables us to create breakthrough products and excellent customer service that will change the world.

MHI Group CSR Action Guidelines(formulated July 2007)

In order to ensure a secure future for the Earth, we will establish and maintain:

Safeguard an abundantly green Earththrough environmental technologies and environmental awareness;

Close ties with the Earth

Build a relationship of trust with societythrough proactive participation in society and trustworthy actions;

Close ties with society

Contribute to the cultivation of human resources who can shoulder responsibilityin the next generation through technologies that can realize dreams.

A bridge to the next generation

More detailed information on the CSR Action Guidelinesis available for viewing on the website.http://www.mhi-global.com/company/csr/policy/guideline/index.html

Based on our creed and CI statement, “Our Technologies, Your Tomorrow,”the MHI Group has also instituted CSR Action Guidelines to serve as collective standards for all Group employees

when conducting business activities centered on the principles of CSR.

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MHI Environmental Vision 2030Our Technologies, Your Tomorrow

The future of our planet rests

in the sustained evolution of humankind while caring,

with love and responsibility, for all life forms that inhabit it.

MHI will continue to be a company indispensable to

ensuring that future.

The MHI Group will pursue energy security

while carrying forward environmental protection

— not only of the earth but of space also —

through its ability to develop new technologies and products,

to achieve a secure future that is kind to the earth.

Sustainabi l i ty

The MHI Group formulated the MHI Environmental Vision 2030 in June 2012,and promotes activities with an aim of achieving the 3Es(energy security, environmental protection and economic growth) through business.

More detailed information on the MHI Environmental Vision 2030 is available for viewing on the website.http://www.mhi-global.com/company/csr/report/vision2030/index.html

Promoting business-integrated CSR for a sustainable societyPromoting business-integrated CSR for a sustainable society

Relationship between Sustainable Society and Business-Integrated CSR

Resolution ofdiverse social issues

Global society / StakeholdersMHI Group

Analysis ofMHI Group’s impact on society

Prevent/reduce negativeimpact on societyand increase positiveimpact

Products / Technologies

Activities withinall business processes

• Identify issues the MHI Groupneeds to prioritize

• Determine response guidelines

Executive Committee /CSR Committee

Communications

CSR

Promoting CSR through Manufacturingas an Innovative Contribution to SocietyIn accordance with the three principles that define the spirit of our creed, the MHI Group serves as amanufacturing corporation that contributes to societal progress through its business endeavors of deliveringproducts and technologies in support of social and industrial infrastructure worldwide. In this way, MHI iscontributing to the resolution of global issues.

The MHI Group analyzes communications withstakeholders and its own global impact on environmental and other social issues, identifies the issues the Group should prioritize for the Executive Committee and CSR Committee sessions, and determines response guidelines. Based on these

guidelines, the Group proactively works towards the resolution of social issues through its products, technologies and activities within all business processes to prevent or reduce the Group’s negative impact and increase its positive impact, and thereby contributes to the realization of a sustainable society.

1860 1870 1880 1890 1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2010 Future

Chronology ofEvents

MHI’sProgress

•Sakuradamon Incident (1860)•American Civil War (1861)•Namamugi Incident (1862)•Restoration of Imperial Rule (1867)•Meiji Restoration (1868)•Suez Canal Opened (1869)

•Abolition of the Han System (1871)•Railway Between Shinbashi and Yokohama Opened (1872)•Land Tax Reform (1873)•Sword Abolishment Edict (1876)•Satsuma Rebellion (1877)

•Sino-French War (1884)•Cabinet System Established (1885)•Meiji Constitution Promulgated (1889)•First Imperial Diet Session Held (1890)

•First Sino-Japanese War (1894)•Treaty of Shimonoseki Signed (1895)•Gold Standard Established (1897)

•Anglo-Japanese Alliance Signed (1902)•Russo-Japanese War Begins (1904)•Railway Nationalization Completed (1907)•High Treason Incident (1910)

•Japanese-American Treaty of Commerce and Navigation Signed (1911)•World War I Begins (1914)•Russian Revolution (1917)•World War I Ends (1918)•League of Nations Established (1920)

•Great Kanto Earthquake (1923)•Showa Financial Crisis (1927)•Universal Male Suffrage Implemented for the First Time (1928)•Great Depression Begins (1929)•London Naval Treaty Signed (1930)

•Manchurian Incident (1931)•Withdrawal from the League of Nations (1933)•February 26 Incident (1936)•Second Sino-Japanese War (1937)•National Mobilization Law Issued (1938)•World War II Begins (1939)

•Pacific War Begins (1941)•Atomic Bombing of Hiroshima and Nagasaki (1945)•Dissolution of the Zaibatsu (1945)•Constitution of Japan Promulgated (1946)•Korean War Begins (1950)

•San Francisco Peace Treaty Signed (1951)•Security Treaty Between the U.S. and Japan Signed (1951)•Japan Joins the International Monetary Fund (1952)•Japan Joins the United Nations (1956)•European Economic Community (Now the EU) Established (1958)

•Japanese Trade Liberalized (1962)•Japan Joins the Organisation for Economic Co-operation and Development (OECD) (1963)•Tokaido Shinkansen Line Opened (1964)•Tokyo Olympics Held (1964)•Japan Hosts Expo ’70 (1970)

•Transition to Yen Floating Exchange Rate System (1971)•Sino-Japanese Diplomatic Relations Normalized (1972)•Okinawa Returned to Japan (1972)•Oil Crisis (1973)•Lockheed Bribery Scandal (1976)

•Tohoku and Joetsu Shinkansen Lines Opened (1982)•Japan National Railways Division and Privatization (1987)•Seikan Tunnel Opened (1988)•Great Seto Bridge Opened (1988)•German Reunification (1990)

•Gulf War (1991)•Law Enacted Concerning Cooperation for United Nations Peacekeeping Operations (1992)•Great Hanshin Earthquake (1995)•Nagano Olympics Held (1998)•26th G8 Summit Held in Okinawa (2000)

•September 11 Attacks in U.S. (2001)•Lehman Brothers Bankruptcy (2008)•Hayabusa Returns from Asteroid Itokawa (2010)•Expo 2010 Shanghai China Held (2010)

•Tohoku Earthquake and Tsunami Disaster (2011)•Tokyo Skytree Opened (2012)•Mt. Fuji Named World Cultural Heritage Site (2013)•Tokyo Chosen to Host 2020 Olympics (2013)

1950: Establishment West Japan Heavy-Industries, Ltd.

1970:Business headquarters introduced

Business departments introduced

1920: Establishment Mitsubishi Internal Combustion Engine Mfg. Co., Ltd.

1921: Company name changed Mitsubishi Internal Combustion Engine Co., Ltd.

1928: Company name changed Mitsubishi Aircraft Co., Ltd.

1945: Merged Mitsubishi Machine Tool Mfg. Co., Ltd.

1952: Company name changed Mitsubishi Nippon Heavy-Industries, Ltd.

1963: Establishment Caterpillar Mitsubishi Ltd.

1970: Establishment Mitsubishi Motors Corporation

1995: Merged Mitsubishi Atomic Power Industries, Inc.

1935: Merged Yokohama Dock Co., Ltd.

1937: Reorganized Mitsubishi-sha, Ltd.

1943: Company name changed Mitsubishi-honsha, Ltd.

June 1, 1970

History

2014: Establishment Mitsubishi Hitachi Power Systems, Ltd.

1950: Establishment East Japan Heavy-Industries, Ltd.

1946Dissolution

1952: Company name changed Shin Mitsubishi Heavy-Industries, Ltd.

1952: Company name changed Mitsubishi Shipbuilding & Engineering Co., Ltd.

MHI’s Progress

Mitsubishi’s Progress

1942: Establishment Mitsubishi Steel Mfg. Co., Ltd.

1917: Establishment Mitsubishi Shipbuilding Co., Ltd.

1907: Established Shipbuilding Division of Mitsubishi Goshi Kaisha

1921: Establishment Mitsubishi Electric Corporation

1893: Establishment Mitsubishi Goshi Kaisha

1886: Name changed Mitsubishi-sha. Ltd.

1875: Name changed Mitsubishi Mail Steamship Co.

1875: Name changed Mitsubishi Steamship Co.

1873: Name changed Mitsubishi Shokai

1883: Name changed Government-Owned Nagasaki Shipyard

1868: Name changed Government-Owned Nagasaki Iron Works

1857: Construction begins Nagasaki Forge of Tokugawa Shogunate

2014: Complete transition to business domains (divisions)

EstablishmentMerger of Three Companies

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January 11, 1950

Lease of Government-Owned Nagasaki Shipyard(Purchased in 1887)

1870: Establishment Tsukumo Shokai

July 7, 1884 Foundation

Origin of Mitsubishi

In Japan there are many enterprises with their own "creeds" which simply represent their management concept. Mitsubishi Heavy Industries, Ltd. has a creed of this type, also. This creedwas instituted in 1970 on the basis of the policy advocated byKoyata Iwasaki, president of Mitsubishi Goshi Kaisha in the1920s, to indicate the essential attitude of the company, themental attitude of the employees, and the future directions of thecompany. The reason for instituting the present creed is so thatall of us can call to mind our one hundred years of tradition, andstrive for further development in the future.

130 Years of HistoryMHI Technologies Have Supported Japan Across Rough SeasOne hundred and thirty years have elapsed since Mitsubishi first leased the government-owned Nagasaki Shipyard from the Ministry of Industry in 1884.MHI technologies have been instrumental in steering Japan’s modernization and globalization through the upheavals of the Meiji, Taisho and Showa eras, and into today’s Heisei era. The history of Japan’s development is etched into the MHI technologies, products and services that underpin contemporary society. Creed

1. We strongly believe that thecustomer comes first and that we are obligated to be aninnovative partner to society.

2. We base our activities onhonesty, harmony, and a clear distinction between corporateand personal life.

3. We shall strive for innovativemanagement and technological development from an international perspective.

Reason for Instituting the CreedReason for Instituting the Creed

1964: Merged

MITSUBISHI HEAVY INDUSTRIES, LTD.

1934: Merged Mitsubishi Heavy-Industries, Ltd.

Central JapanHeavy-Industries, Ltd.

1880 - 1945

MHI’s monozukuri began with the lease of Nagasaki Shipyard & Machinery Works from the Ministry of Industry. Even as the company built Japan’s first steel steamship and battleships, it applied the technologies and knowledge cultivated in those endeavors to begin production of automobiles and aircraft, expanding its range of business as a comprehensive manufacturer of transport equipment. As global tensions rose, the company entered into an age where its technologies — more advanced than in most countries at that time — would be diverted to military use.

Building a Transportation Infrastructure from Roots in ShipbuildingAfter the war, in accordance with national policy, MHI shifted its emphasis from military hardware to the development and manufacture of scooters, air conditioners, and many other types of consumer products. In 1950, in line with the GHQ’s policy of dissolving large industrial groups (zaibatsu), MHI was divided into three independent companies. As a result, the scale of products grew more diverse, and the three companies fell into competition. However, this technology race would provide the foundation for the leading company in heavy industry.

Supporting Post-War Recovery with Consumer Products

In 1964, the same year Tokyo hosted the Summer Olympics, the three principal heavy industry companies reunited, creating the current form of Mitsubishi Heavy Industries. Its products expanded to encompass the fields of land, sea and air, and included oil-drilling rigs, power plants, tankers and bridges. In addition, the successful lift-off of the H-I launch vehicle occurred around this time, and the company’s participation in full-fledged space development began.

Merging of Three Heavy Industry CompaniesLeads to Large-Scale Development

MHI has always sought high efficiency, and as the trend toward global environmental conservation gains momentum and the concept of ecology becomes commonplace, the company’s gas turbine, eco-ship and other technologies and product fields are expanding on a global scale. As a comprehensive infrastructure company, MHI works to develop the technologies and products that will support a sustainable society.

Supporting a Sustainable Societyas a Comprehensive Infrastructure Company

1946 - 1963 1964 - 1990 1991 - Present

Future

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History,Technology

and ProductTrends

Throughout Diversified Eras In Differentiated Fields,MHI Technologies and Products Have Continued to AstoundFrom MHI’s early beginnings in Nagasaki Shipyard & Machinery Works, the company’s business domains havespread from the ocean to land, air and even space. MHI will continue to broaden its business territories in search of ever-greater possibilities of monozukuri.

1985•Delivered the world’s largest combined cycle power plant (Tohoku Electric Power, Higashi Niigata No. 3, unit 2; 545,000kW)

2007•Launch services of H-IIALaunch Vehicle privatized. Launch services of first H-IIA after privatization was successful.

2012•Started launch services for H-IIB Launch Vehicle, in addition to H-IIA. Services now able to handle larger satellites.

1978•First flight of the MU-300Business Jet

1999•Delivered a CO2 recovery plant to Malaysia

2000•Delivered a refuse incineration plant with the world’s largest throughput to Singapore

2002•Developed the world’s fastest (90,000 copies/hr) newspaper offset press

2003•Developed “wakamaru,” a communication robot

2009•Commercial operation of Reactor 3 at the Hokkaido Electric Power Company’s Tomari Nuclear Power Plant begins

1996•First flight of the “Global Express” Business Jet, jointly developed with Bombardier

2007•First Boeing 787 main wing box shipped

2007•Determined potential customers for the MRJ and launched marketing activities

2004•Developed the world’s first high precision four-dimensional radiation therapy system

1999•Completed the “Tatara Bridge”, Japan’s longest cable-stayed bridge

1986•Successfully launched the first H-I Launch Vehicle

1975•Successfully launchedthe first N-I Launch Vehicle

1963•First flight of the MU-2 Turboprop Business Aircraft

1931•Manufactured Japan’s first domestically produced tank, the Type 89 medium tank 1971•Delivered the No.1 Fertilizer Plant

to Iraq

1970•Kansai Electric Power Mihama No.1 PWR nuclear power plant went on line

1968•Delivered the industry’s first supercritical pressure boiler, Chubu Electric Power Chita No. 3 (1,700t/h)

1946•Shifting to civilian production after the war, produced the Silver Pigeon motor scooters

1884•Founding. Leased the Nagasaki Shipyard from the government, and started a shipbuilding business

1939•Produced the Zero Carrier Fighter

1908•Built the “Tenyo Maru,” Japan’s first large passenger liner. Its gross tonnage was over 10,000 tons, a shipbuilding industry record.

1918•Built passenger car, “MitsubishiAutomobile Model A”

1887•Launched Japan’s first steel steamship, the “Yugao Maru”

1929•Launched the passenger ship“Asama Maru”

1942•Built the world’s largest battleship “Musashi”

1968•Japan’s first container ship,the “Hakone Maru”

1993•Delivered the destroyer “Kongo”

2005•Constructed deep sea drilling vessel“CHIKYU”, which has the capacity to drill 7,000munder the seabed

2011•Completed development of the new-generation LNG carrier “SAYAENDO”

2011•A “J-Series” gas turbine, with the world’s highest efficiency, achieved the world’s highest turbine inlet temperature of 1,600 degrees Celsius (℃) during the verification test.

1990•Completed Japan’s largest luxury cruise ship, the “CRYSTAL HARMONY”

1989•Completed the “Shinkai 6500,”the deepest-diving submersible research vehicle

2011•Developed a container-configured1.5MW gas engine generator set ”MEGANINJA,” which can begin power generation within 24 hours of its arrival at the installation site.

2009•Dubai Metro – the world’s longestunmanned, fully automatic rail system – begins operations in Dubai

2008• Implemented world’s firstIntegrated coal Gasification Combined Cycle (IGCC) system

2004•Developed a high-efficiency centrifugal chillers

1970•Opened the Shonan Monorail, Japan’s first suspended monorail system for commuter use

1983•Delivered the first MOSS type LNG tanker

2009•Successful launch of first H-IIB Launch Vehicle with the greatest lift capacity in Japan

2009•Successful launch of first international space station H-II transfer vehicle (HTV) “Kounotori”

2006•Developed and sold the world’s first mass-production machine for bonding wafers at room temperature

space

sky

land

sea

2009• Introduction of the world's first hybrid forklift, the “GRENDiA Ex Hybrid,” with an engine comprising MHI's own lithium-ion rechargeable batteries

2011•First mass-produced Type-10 tank completed

1997•Completed the world’s first dry-cut gear cutting system, which uses no cutting fluid

TechnologyTimeline

Technology Topics•Diesel Engine Invented (1895) •The Wright Brothers’ First Flight (1903) •Jet Engine Invented (1937) •The Instant Camera (1947) •Integrated Circuit (1958) •Yuri Gagarin Becomes First Man in Space (1961) •Quartz Wristwatch (1967) •Apollo Manned Lunar Landing (1969) •Compact Disc (1980) •Popularization of the Internet (1995) •Hybrid Car Released (1997) •Blu-ray Disc (2002)

photo by JAXA

Photo by Mitsubishi Aircraft Corporation

KansaiOffice

Shikoku Office

Hokuriku Office

Head Office<Shinagawa >

Head Office<Yokohama >

MHPS Yokohama Works

Tohoku Office

Hokkaido Office

ChubuOffice

KyushuOffice

Chugoku Office

MHPSTakasago

Works

MHPSNagasaki

Works

MHPS Hitachi Works

20 21*MHPS = Mitsubishi Hitachi Power Systems, Ltd.

MainDomesticLocations

Responding to the Quality Demands of the Erawith an Extensive Network and Refined TechnologiesMHI’s production sites support monozukuri at a much more advanced stage than the global average, and its approximately 60 main domestic Group companies provide these technologies and products in the form of a wide range of solutions. MHI Group production sites and companies work in close cooperation and respond tothe needs of society with a comprehensive system that encompasses everything from product development and manufacture to sales and services.

Main Domestic Group Companies & Business Content

Energy & EnvironmentMitsubishi Hitachi Power Systems, Ltd.

Mitsubishi Hitachi Power Systems Precision Casting Co., Ltd.

Mitsubishi Hitachi Power Systems Engineering Co., Ltd.

Mitsubishi Hitachi Power Systems Inspection Technologies, Ltd.

MHPS Control Systems Co., Ltd.

Mitsubishi Hitachi Power Systems Gas Turbine Service Co., Ltd.

Babcock-Hitachi K.K.

Bab-Hitachi Industrial Co.

Bab-Hitachi Business Corporation

Mitsubishi Heavy Industries Marine Machinery & Engine Co., Ltd.

MHI Nuclear Engineering Co. Ltd.

Nuclear Plant Service Engineering Co., Ltd.

Nuclear Power Training Center, Ltd.

Seiryo Engineering Co., Ltd.

E-Techno Ltd.

Mitsubishi FBR Systems, Inc.

Commercial Aviation & Transportation SystemsMitsubishi Aircraft Corporation

MHI Aero Engine Service Co., Ltd.

MHI Aerospace Production, Ltd.

MHI Aerospace Logitem Co., Ltd.

MHI Shimonoseki Engineering Co., Ltd.

MHI Marine Engineering, Ltd.

Integrated Defense & Space SystemsChuryo Engineering Co., Ltd.

MHI Special Vehicles Parts Supply & Technical Service Co., Ltd.

Machinery, Equipment & InfrastructureMitsubishi-Hitachi Metals Machinery, Inc.

Mitsubishi Heavy Industries Compressor Corporation

Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd.

Mitsubishi Heavy Industries Mechatronics Systems, Ltd.

Mitsubishi Heavy Industries Bridge & Steel Structures Engineering Co., Ltd.

Mitsubishi Heavy Industries Plastic Technology Co., Ltd.

Mitsubishi Heavy Industries Food & Packaging Machinery Co., Ltd.

Mitsubishi Heavy Industries Printing & Packaging Machinery, Ltd.

Mitsubishi Heavy Industries Machinery Technology Corporation

Mitsubishi Heavy Industries Engine Systems Co., Ltd.

Mitsubishi Nichiyu Forklift Co., Ltd.

Mitsubishi Heavy Industries Automotive Thermal Systems Co., Ltd.

MHI Sagami High-tech Ltd.

Toyo Engineering Works, Ltd.

Mitsubishi Heavy Industries Machine Tool Co., Ltd.

Mitsubishi Heavy Industries Transportation Equipment Engineering & Service Co., Ltd.

Mitsubishi Heavy Industries Plant Construction Co., Ltd.

Mitsubishi Heavy Industries Air−Conditioning and Refrigeration Corporation

Mitsubishi Agricultural Machinery Co., Ltd.

Mitsubishi Agricultural Machinery Sales Co., Ltd.

Ryono Asset Management Co., Ltd.

Ryono Factory Co., Ltd.

Ryoju Cold Chain Co., Ltd.

Lumiotec Inc.

Others

Ryoju Estate Co., Ltd.

Nagoya Ryoju Estate Co., Ltd.

Kinki Ryoju Estate Co., Ltd.

Hiroshima Ryoju Estate Co.,Ltd.

Nishinihon Ryoju Estate Co., Ltd.

MHI Finance Co., Ltd.

Shunjusha Ltd.

Shonan Monorail Co., Ltd.

Daiya Building Service Co., Ltd.

Tamachi Building Co., Ltd.

Nagasaki Diamond Staff Co., Ltd.

Ryosei Service Co., Ltd.

Ryoin Co., Ltd.

OperatingCompany

Salesand

After-SalesService

Design,Manufacture

andConstruction

Construction,Real Estate

andOthers

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Plants　•Main Plant

Product LinesLarge Machines (Vertical Precision Milling Machines, Horizontal Boring Mill, etc.), Gear Cutting Machines(Hobbing Machines, Shaping Machines,Gear Grinding Machines, etc.),Special-purpose Machines,Cylindrical Grinding Machines,High Precision Machining Centers, Wafer Bonding Machines, Precision Cutting Tools,Engine Valves, Scale Feedback Systems

Affiliated DomainsMachinery, Equipment & Infrastructure

Plants •Main Plant

Product LinesCommercial Use Air-Conditioners,Residential Use Air-Conditioners, Heat Pumps, Heat Pump Module Chillers,Transportation Refrigeration Units,Applied Refrigeration Use Machinery

Affiliated DomainsMachinery, Equipment & Infrastructure

Plants　•Honmoku Plant •Kanazawa Plant

Product LinesWind Power Plants, Ship Repairs,Gas Engines, Diesel Engines

Affiliated DomainsEnergy & EnvironmentCommercial Aviation & Transportation SystemsIntegrated Defense & Space SystemsMachinery, Equipment & Infrastructure

Plants　•Main Plant •Tashiro Field Laboratory

Product LinesMissiles, Aircraft Engines, Rocket Engines, Space Systems, Control Equipment,Transmission Systems for Helicopters,Engine Test Cells, Hybrid IC for Heavy Environment

Affiliated DomainsCommercial Aviation & Transportation Systems Integrated Defense & Space Systems

Plants •Oye Plant •Tobishima Plant •Komaki South Plant

Product LinesCommercial Aircraft, Fixed-Wing Aircraft, Helicopters, Space Systems

Affiliated DomainsCommercial Aviation & Transportation Systems Integrated Defense & Space Systems

Plants　•Main Plant •Chitose Plant

Product LinesDiesel Engines, Gas Engines, Generator Sets,Cogeneration Systems, Turbochargers,Special Vehicles, Naval Ship Engines

Affiliated DomainsIntegrated Defense & Space Systems Machinery, Equipment & Infrastructure

Plants　•Main Plant

Product LinesPower Transmissions, Air-Cooled Gasoline Engines,Injection Molding Machines, Food Machinery

Affiliated DomainsMachinery, Equipment & Infrastructure

Plants　•Main Plant

Product LinesPumps, Centrifugal Chillers

Affiliated DomainsEnergy & Environment Machinery, Equipment & Infrastructure

Plants　•Main Plant •Futami Plant

Product LinesNuclear Power Plants,Marine Development Equipment,Land Transportation Systems,Toll Collection Equipment, Submarines,Space Equipment, Cast Steel Products

Affiliated DomainsEnergy & EnvironmentCommercial Aviation & Transportation SystemsIntegrated Defense & Space SystemsMachinery, Equipment & Infrastructure

Takasago Machinery Works

Ritto District

Meirei District

Sagamihara District

Iwatsuka Plant

Nagoya Aerospace Systems Works

Kobe Shipyard & Machinery Works

Yokohama Dockyard & Machinery Works

Nagoya Guidance & Propulsion Systems Works

Mihara Machinery WorksPlants •Main Plant •Wadaoki Plant

Product LinesLand Transportation Systems, Air Brakes,Maintenance Vehicles, Particle Accelerators

Affiliated DomainsCommercial Aviation & Transportation SystemsMachinery, Equipment & Infrastructure

Hiroshima Machinery Works

Plants •Kan-on Plant •Eba Plant

Product LinesCompressors & Mechanical Drive Turbines,Iron & Steel Manufacturing Machinery,Crane & Material Handling Systems,Rubber & Tire Machinery,Radiation Therapy Equipment,Manufacturing Equipment for Semiconductor & Flat Panel Display,Tank Dome for H-IIB Launch Vehicle,Parts Manufacturing & Assembly for Aircraft

Affiliated DomainsCommercial Aviation & Transportation SystemsIntegrated Defense & Space SystemsMachinery, Equipment & Infrastructure

Plants •Main Plant •Koyagi Plant •Saiwaimachi Plant •Isahaya Plant

Product LinesShipbuilding, Ship Repairs, Naval Ships,Wind Power Plants, Space Systems

Affiliated DomainsEnergy & EnvironmentCommercial Aviation & Transportation SystemsIntegrated Defense & Space Systems

Nagasaki Shipyard & Machinery Works

Shimonoseki Shipyard & Machinery Works

Plants •Enoura Plant •Yamatomachi Plant

Product LinesShipbuilding, Ship Repairs,Aluminium-Alloy High-Speed Ships,Hydraulic Machinery, Testing Systems,Air Preheaters, Deck Machinery,FRP Components

Affiliated DomainsCommercial Aviation & Transportation SystemsIntegrated Defense & Space SystemsMachinery, Equipment & Infrastructure

Overseas Offices and Representatives• Representative Office for Asia Pacific• Hanoi Liaison Office• Ho Chi Minh City Liaison Office• Kuala Lumpur Liaison Office• Jakarta Liaison OfficeOverseas Network, etc.• Mitsubishi Heavy Industries, (Hong Kong) Ltd.• Mitsubishi Heavy Industries India Private Ltd.• MHI Korea, Ltd.• Mitsubishi Heavy Industries Philippines, Inc.• ＭHI Capital Asia Pacific Pte. Ltd.• Mitsubishi Heavy Industries (Thailand) Ltd.Energy & Environment• Babcock-Hitachi (Philippines) Inc.• Mitsubishi Heavy Industries Engineering & Services Private Ltd.• MHI Power Systems Project (Thailand) Co., Ltd.Machinery, Equipment & Infrastructure• Concast (India) Ltd.• Mitsubishi Heavy Industries India Precision Tools, Ltd.• Mitsubishi Caterpillar Forklift Asia Pte Ltd.• Mitsubishi Heavy Industries Engine System Asia Pte. Ltd.• MHI Automotive Climate Control (Thailand) Co., Ltd.• Mitsubishi Heavy Industries - Mahajak Air Conditioners Co., Ltd.• Mitsubishi Turbocharger Asia Co., Ltd.

China

1 Office

Oceania LatinAmerica

Europe

11Companies

2 Offices 13Companies

MiddleEast

1Company

4 Offices

Overseas Network, etc. • Mitsubishi Heavy Industries Australia, Pty. Ltd.Machinery, Equipment & Infrastructure• Mitsubishi Heavy Industries Air-conditioners Australia, Pty. Ltd.

Overseas Offices・Taipei OfficeOverseas Network, etc.・Mitsubishi Heavy Industries (China) Co., Ltd.・Mitsubishi Heavy Industries (Shanghai) Co., Ltd.Energy & Environment・Mitsubishi Heavy Industries BFG Gas Turbine Service (Nanjing) Co., Ltd. ・Mitsubishi Heavy Industries Dongfang Gas Turbine (Guangzhou) Co., Ltd. ・Dalian Hitachi Machinery & Equipment Co., Ltd.Machinery, Equipment & Infrastructure・MHI Engine System Hong Kong Ltd. ・MHI Machine Tool Hong Kong Ltd. ・MHI Residential Air-conditioners (Shanghai) Co., Ltd. ・Mitsubishi Heavy Industries (Changshu) Machinery Co., Ltd. ・Mitsubishi Heavy Industries Air-conditioners (Shanghai) Co., Ltd. ・Mitsubishi Heavy Industries Forklift (Dalian) Co., Ltd. ・Mitsubishi Heavy Industries-Haier (Qingdao) Air-Conditioners Co., Ltd. ・Mitsubishi Heavy Industries-Jinling Air-Conditioners Company, Ltd.

Overseas Network, etc.• Mitsubishi Heavy Industries America, Inc.• MHI Capital America, Inc. Energy & Environment• Mitsubishi Hitachi Power Systems Canada, Ltd.• Mechanical Dynamics & Analysis, Ltd.• MHI Nuclear North America，Inc.• MHI Wind Power Americas, Inc.• Mitsubishi Hitachi Power Systems America - Energy and Environment, Ltd.• Mitsubishi Hitachi Power Systems Americas, Inc.• PW Power Systems, Inc.Commercial Aviation & Transportation Systems• MHI Canada Aerospace Inc.Machinery, Equipment & Infrastructure• Federal Broach Holdings, LLC• Mitsubishi Caterpillar Forklift America Inc.• Mitsubishi Engine North America, Inc.• Mitsubishi Heavy Industries Climate Control, Inc.

Overseas Network, etc.• Mitsubishi Heavy Industries de Mexico, S.A. de C.V.• Mitsubishi Industrias Pesadas do Brasil Ltda.• MHI Business Solution de Mexico, S.A. de C.V.Energy & Environment• CBC Industrias Pesadas S.A.

Overseas Offices• Moscow Liaison Office• Kiev Liaison OfficeOverseas Network, etc.• MHI International Investment B.V.• Mitsubishi Heavy Industries Europe Ltd.Energy & Environment• Donges Steeltec GmbH• Meeraner Dampfkesselbau GmbH• MH Power Systems Europe Service GmbH• Mitsubishi Hitachi Power Systems Europe GmbH• Turboden S.r.l.• Mitsubishi Power Systems Europe, Ltd.Machinery, Equipment & Infrastructure• Mitsubishi Caterpillar Forklift Europe B.V.• Mitsubishi Turbocharger and Engine Europe B.V.• Mitsubishi Heavy Industries Air-Conditioning Europe, Ltd.

Overseas Offices• Johannesburg OfficeEnergy & Environment• Mitsubishi Hitachi Power Systems Africa (Pty) Ltd.

Overseas Offices• Istanbul Liaison Office• Basra Liaison Office• Dubai Office• Abu Dhabi OfficeEnergy & Environment• MHI Power Systems Saudi Arabia, LLC

22 23

Total

Main Overseas Group Companies 62

Overseas Offices and Representatives 13

Africa

Asia

5 Offices and

Representatives

North America

MainOverseasLocations

Providing Reliable Technology from Japan to the Worldthrough an Established Global NetworkMHI promotes its business operations worldwide with approximately 60 main group companies located outside of Japan, including 13 overseas offices. MHI will continue to expand its global business platform with the aim of becoming a company that can provide virtually any kind of service, anywhere in the world.

1Company 2

Companies1 Office

16Companies

14Companies

4Companies

Europe

Middle East

China

Asia

North America

Latin America Oceania Africa

Outlineof

the Company

Capitalizing on Synergetic Advantages Afforded by the Four Domain Axes to Meet Higher Level Needs of Society

Consolidated Results

Research & Development Centers 6

Business Domains 4

Domestic Offices 8

Overseas Offices 13

Mitsubishi Heavy Industries, Ltd.Company Name

265.6 bil. yen(As of March 31, 2014)Capital

July 7,1884Foundation

3,420.0 bil. yen(Consolidated basis, April 1, 2013 - March 31, 2014)Orders Received

January 11,1950(Date of foundation of Nakanihon Heavy Industries, Ltd.

MHI legally took over this company.)Establishment

Net Sales 3,349.5 bil. yen(Consolidated basis, April 1, 2013 - March 31, 2014)

Works & Plants 10

Employees80,583

(Consolidated basis, as of March 31, 2014)

22,147(Non-consolidated basis, as of March 31, 2014)

•Orders received

•Net sales

4,000

3,000

2,000

1,000

0

(bil.yen)

4,000

3,000

2,000

1,000

0

(bil.yen)

2,817.83,349.5

2,940.8 2,903.7 2,820.9

•Sales ratio by domain (April 1, 2013 - March 31, 2014)

Energy &Environment

37%

Machinery,Equipment &Infrastructure

33%

Others2%

Commercial Aviation &Transportation Systems

14%

Integrated Defense &Space Systems

14%

20102009 2011 2012 2013 (FY)

20102009 2011 2012 2013 (FY)

3,032.23,420.0

2,476.22,995.4 3,188.8

Research & DevelopmentCenters *1

Corporate Planning Dept.

Corporate Communication Dept.

Management Audit Dept.

Executive Secretariat Dept.

Legal & General Affairs Dept.

Human Resources & Labor Relations Dept.

Managerial & Finance Planning Dept.

Global Finance & Accounting Dept.

Financial Management Division

Procurement & Sourcing Dept.

Technology & InnovationHeadquarters

ICT Solution Headquarters

Chief Regional Officer, Latin America

Chief Regional Officer, China

Chief Regional Officer, India

Chief Regional Officer, Asia Pacific

Domestic Offices *2

Overseas Offices *3

Nagasaki Shipyard & Machinery Works

Shimonoseki Shipyard & Machinery Works

Hiroshima Machinery Works

Mihara Machinery Works

Kobe Shipyard & Machinery Works

Takasago Machinery Works

Nagoya Aerospace Systems Works

Nagoya Guidance & Propulsion Systems Works

Iwatsuka Plant

Yokohama Dockyard & Machinery Works

Board ofDirectors

President,CEO

ExecutiveCommittee

Board ofStatutory Auditors

Statutory Auditors

StatutoryAuditors' Office

Business Strategy Office

CAO / CRO

CFO

Global Business Planning &Operations Headquarters

CTO

• CEO : Chief Executive Officer• CFO : Chief Financial Officer• CAO : Chief Administrative Officer• CRO : Chief Risk Officer• CTO : Chief Technology Officer

Machinery, Equipment &Infrastructure

Energy & Environment

Integrated Defense &Space Systems

Commercial Aviation &Transportation Systems

As of April 1, 2014

Business Strategy Division

Procurement Dept.

Quality Management Division

Production Management Division

Engine Division

Automotive Parts Division

Air-Conditioning & Refrigeration Division

Machine Tool Division

Hydraulics & Machinery Division

Mitsubishi Heavy Industries Compressor Corporation

Mitsubishi-Hitachi Metals Machinery, Inc.

Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd.

Mitsubishi Heavy Industries Mechatronics Systems, Ltd.

Mitsubishi Heavy Industries Machinery Technology Corporation

Mitsubishi Heavy Industries Printing & Packaging Machinery, Ltd.

Mitsubishi Heavy Industries Food & Packaging Machinery Co., Ltd.

Mitsubishi Heavy Industries Plastic Technology Co., Ltd.

Mitsubishi Agricultural Machinery Co., Ltd.

Mitsubishi Heavy Industries Bridge & Steel Structures Engineering Co., Ltd.

Mitsubishi Heavy Industries Transportation Equipment Engineering & Service Co., Ltd.

Mitsubishi Heavy Industries Automotive Thermal Systems Co., Ltd.

Mitsubishi Nichiyu Forklift Co., Ltd.

Management & Administration Division

Quality Assurance Integration Division

Business Division

Business Development Solution Dept.

Nuclear Energy Systems Division

Chemical Plant & Infrastructure Division

Renewable Energy Business Division

Mitsubishi Hitachi Power Systems, Ltd.

Mitsubishi Heavy Industries Marine Machinery & Engine Co., Ltd.

Planning & Administration Dept.

Strategic Planning Dept.

Procurement Dept.

Quality & Safety Assurance Division

Business & Marketing Division

Engineering Steering Dept.

Production Management Dept.

MRJ Program Dept.

Shipbuilding & Ocean Development Division

Land Transportation Systems Division

Commercial Airplanes Division

787 Division

Commercial Aero Engines Dept.

Mitsubishi Aircraft Corporation

Planning & Administration Dept.

Integrated Defense Systems Dept.

Procurement Dept.

Business Development Division

Aircraft Division

Guidance & Propulsion Division

Space Systems Division

Special Vehicle Division

Naval Ship Division

Maritime & Space Systems Dept.

Domestic Offices

Kansai Office

Chubu Office

Kyushu Office

Hokkaido Office

Chugoku Office

Tohoku Office

Hokuriku Office

Shikoku Office

Overseas Offices

Representative Office for Asia Pacific

Moscow Liaison Office

Kiev Liaison Office

Istanbul Liaison Office

Basra Liaison Office

Dubai Office

Abu Dhabi Office

Johannesburg Office

Taipei Office

Hanoi Liaison Office

Ho Chi Minh City Liaison Office

Kuala Lumpur Liaison Office

Jakarta Liaison Office

Research & Development Centers

Advanced Technology Research Center

Nagasaki Research & Development Center

Takasago Research & Development Center

Hiroshima Research & Development Center

Yokohama Research & Development Center

Nagoya Research & Development Center

*1 *2 *3

Overseas Network

Mitsubishi Heavy Industries (China) Co., Ltd.Mitsubishi Heavy Industries (Shanghai) Co., Ltd.Mitsubishi Heavy Industries, (Hong Kong) Ltd.MHI Korea, Ltd.

Mitsubishi Heavy Industries India Private Ltd.Mitsubishi Heavy Industries Philippines, Inc.Mitsubishi Heavy Industries (Thailand) Ltd.Mitsubishi Heavy Industries Australia, Pty. Ltd.

Mitsubishi Heavy Industries America, Inc.Mitsubishi Heavy Industries de Mexico, S.A. de C.V.Mitsubishi Industrias Pesadas do Brazil Ltda.Mitsubishi Heavy Industries Europe Ltd.

Organization Chart