Mitsubishi Heavy Industries (7011) · RiskDropped
Risk of Cost Burden Associated with Trent 1000 Engine Defects
First written in FY2019-Q1. 1 of 2 entries say "Dropped", first in FY2019. Latest entry: FY2019.
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Full recordFilings, disclosures and news, newest first
- FY2019DroppedAnnual reportThis filing contains no specific disclosure regarding the defects and cost-sharing risk associated with the Trent 1000 engine program.
- FY2019-Q1First statedAnnual report
「Defects, including cracks in intermediate-pressure compressor blades, have occurred in the Trent 1000 engine program manufactured by Rolls-Royce, in which the Company's subsidiary 三菱重工航空エンジン株式会社 participates as a risk and revenue sharing partner (RRSP). 三菱重工航空エンジン株式会社 may incur costs in proportion to its participation in the program, which could affect the future financial results of the Group.」
Defects including cracks in intermediate-pressure compressor blades have already occurred in the Trent 1000 engine program, and the possibility of future cost-sharing in proportion to the Company's participation was disclosed as a contingent liability.