Hitachi and two Mitsubishi companies will merge th

2022-08-15
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Hitachi and two Mitsubishi companies will merge hydropower business

Hitachi and two Mitsubishi companies will merge hydropower business

others also include the automotive industry, small and medium-sized electronics and home appliance manufacturing industry

China Construction Machinery Information

Guide: Japan economic report, Hitachi and two Mitsubishi companies will split their hydropower business and integrate into a new company next year. The report said that Hitachi, Mitsubishi Heavy Industries and Mitsubishi Electric will integrate their businesses to enhance their ability to obtain overseas engineering orders

according to the Nihon Keizai Shimbun, Hitachi production and two Mitsubishi companies will split their hydropower businesses and integrate them into a new company next year that must also carry out experimental operations in strict accordance with relevant national standards and procedures

The report mainly tested its tensile strength and said that Hitachi manufacturing, Mitsubishi Heavy Industries and Mitsubishi Electric will integrate their businesses to enhance their ability to obtain overseas engineering orders

the newly established joint venture has an annual revenue of more than 30billion yen, which can be compared with Toshiba, the leader in the domestic industry

Hitachi manufacturing will produce a complete set of hydropower equipment including turbines and generators. Mitsubishi Heavy Industries and Mitsubishi Electric respectively focus on the production of turbines and generators

the Nikkei reported that the annual output value of Japan's hydropower equipment market totaled 30billion yen, of which Toshiba, Hitachi and two Mitsubishi companies accounted for most of the market share

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