Mitsubishi Heavy Industries Ltd. (TYO: 8058 – Q4FY20) – Mitsubishi Corporation revenues slides 8% on downtrend in various end-markets.

in , on June 29, 2020

Mitsubishi Corporation and Nippon Telegraph and Telephone Corporation announced the completion of 30% stake acquisition in HERE Technologies. This transaction was done through a holding company which Mitsubishi and NTT newly established. HERE is the world’s leading company in the location-based services field. MC and NTT are jointly working to develop services that provide optimal routes in logistics by utilizing HERE’s world’s largest and most accurate location information database to visualise vehicle locations and operation conditions.

Executive Summary

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Historical Performance

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Product Performance and Key Developments

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Valuation and Consensus Performance

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Release Information

  • Released

    June 29, 2020

  • Last Updated

    June 30, 2020