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Mitsubishi Heavy Industries

Mitsubishi Heavy Industries, Ltd is a Japanese multinational engineering, electrical equipment and electronics company headquartered in Tokyo, Japan. MHI is one of the core companies of the Mitsubishi Group. MHI's products include aerospace components, air conditioners, aircraft, automotive components, forklift trucks, hydraulic equipment, machine tools, missiles, power generation equipment, printing machines, ships and space launch vehicles.

The origin of MHI can be traced all the way back to 1884
In that year, Yataro Iwasaki – the founder of Mitsubishi, took a lease out on government-owned Nagasaki Shipyard. He named it Nagasaki Shipyard & Machinery Works, and started the shipbuilding business on a full scale.

This shipbuilding business was later turned into Mitsubishi Shipbuilding Co., Ltd., and then launched as Mitsubishi Heavy-Industries, Ltd. in 1934, establishing its position as the largest private firm in Japan, manufacturing ships, heavy machinery, airplanes, and railroad cars.

Following the end of World War II, a law aimed at dissolving "zaibatsu" or Nagasaki Shipyard & Machinery Works dismantling the over concentration of economic power was in effect. Thus, in 1950, MHI was divided into three entities: West Japan Heavy-Industries, Ltd., Central Japan Heavy-Industries, Ltd. and East Japan Heavy-Industries, Ltd. It was later consolidated in 1964 and reborn as Mitsubishi Heavy Industries, Ltd.