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...BAE Systems, Mitsubishi Heavy Industries and Leonardo are the programme’s main industrial partners. “There might be organisational challenges, but the opportunities far outpace the challenges.”...
...Although Mitsui Fudosan is the largest Japanese property group by value, it has, at 6.91 per cent, the lowest return on equity among peers such as Mitsubishi Estate and Sumitomo Realty....
...The company has also invested in US hydrogen projects, including a green hydrogen facility in Utah backed by a Department of Energy loan....
...Earlier this month, Mitsubishi Electric separately agreed to develop laser technology with the Australian government, in the first defence deal between a Japanese company and a foreign government....
...Mitsubishi’s shares surged to a record high on Wednesday after the Warren Buffett-backed trading house announced a “monster buyback”....
...Mitsubishi’s shares have risen 23.5 per cent so far this year....
...BHP and Japan’s Mitsubishi have sold two coal mines in Queensland to Sydney-listed Whitehaven for $3.2bn as part of the mining company’s move away from fossil fuels....
...The pace of further rate rises will depend on several factors, not least whether local companies and households are able to handle higher borrowing costs....
...KDDI wants to team up with the Mitsubishi trading house, which owns half of Lawson, to assume joint control of its network of 14,600 stores and take the group private....
...Long seen as artefacts of the previous century, shares of these groups including Mitsubishi Corporation and Itochu have traded at typical conglomerate discounts....
...The alliance also includes smaller partner Mitsubishi Motors....
...We also employ a few who used to work for Mitsubishi Heavy,” said Toya....
...The first Algae Black collection, Absorption, will include a mascara (£24) and a pencil eyeliner (£21), and will launch this month....
...Currently the groups have gone “pencils down”, one person said....
...The group will maintain its long-term alliance with Renault and Mitsubishi Motors in certain markets such as Europe, south-east Asia and Latin America....
...Australia’s largest company also cut production guidance for its Queensland coal operations, which it owns with Mitsubishi, but production of copper and iron ore, important commodities for the company, improved...
...Shares in property groups Mitsubishi Estate and Sumitomo Realty are up 40 per cent....
...Mitsubishi Heavy Industries relocated its US headquarters from New York to Houston in 2016. The company had originally made New York its US base mainly for the shipbuilding business....
...Nissan chief executive Makoto Uchida is blunt on the need for new partners, although the company insists its alliance with Renault and Mitsubishi Motors will not be unwound....
...Mitsubishi Heavy, the contractor for the H3, says the rocket is intended to match the Falcon 9 at least in terms of cost, if not in frequency of use. and the company envisages six launches a year....
...But Moro added that the company still wanted to “go on the offensive” by strengthening the rollout of electric vehicles in China....
...That led the Illinois-based company to pencil in fiscal year 2024 earnings of between $7.75bn and $8.25bn, below analysts’ expectations for $9.33bn....
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