MHI Eyes Uncharted Waters on Its Way to Sustainable Growth

Japan’s Mitsubishi Heavy Industries is set to enter uncharted territory starting from 2018 as the company aims to achieve sustainable growth.

With its expanding activities in Japan, but also across Asia, the Americas and the rest of the world, MHI said it needs to continue to develop solutions that respond to global needs and “take on the world’s toughest challenges.”

Together with expansion, the company aims for a future of sustainable development, as outlined in the UN Sustainable Development Goals.

“MHI now stands at a crossroads in our evolution. We must create a new way forward that combines our core engineering strengths with revolutionary new advancements in IT and digital communications,” Shunichi Miyanaga, MHI President and CEO, said.

Based on these fundamental guidelines, the company expects 2018 to be the first step towards a new stage of sustainable growth.

With only three months remaining in the final year of MHI’s 2015 Medium-Term Business Plan, MHI informed that it has fallen short in reaching the financial targets set in the plan, despite implementing a number of measures.

“While this is certainly disappointing, I want all of us to continue to make progress toward better results in the future,” Miyanaga added.

The company will continue to make progress on the issues that remain. In May 2018, MHI is scheduled to release its new Medium-Term Business Plan, when it will take “the next step toward our new phase of sustainable growth.”

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jan 2020 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

The 9th Annual Event Green Shiptech China Congress 2020

The 9th Annual Event- Green Shiptech China Congress 2020 will be held on next…

read more >

Maritime Reconnaissance and Surveillance Technology

As varied threats in the Mediterranean Sea continue to proliferate, the need to advance…

read more >

2nd GREENTECH IN SHIPPING GLOBAL FORUM

Forum you will find out from the regulators, government bodies and major ports’ representatives what the near…

read more >

7th Annual Arctic Exchange

Every year the Exchange invites delegates from across the globe to come together to listen to key senior management teams…

read more >