Clarifying responsibility and accelerating decision-making through the spin-off of the engineering business
First written in FY2018-Q3. 2 of 4 entries say "Achieved", first in FY2018. Latest entry: FY2024.
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- FY2024AchievedAnnual report
「To further accelerate energy transition, the group's growth engine, the company transferred the engineering business and other operations of 三菱重工エンジニアリング㈱ through an absorption-type company split effective 1 April 2023.」
The company transferred the engineering business and other operations of 三菱重工エンジニアリング to itself effective 1 April 2023, completing the reintegration following the previous spin-off. - FY2023-Q3ReframedAnnual report
「To further accelerate energy transition, the group's growth engine, the company decided to transfer the engineering business and other operations of 三菱重工エンジニアリング㈱ through an absorption-type company split effective 1 April 2023.」
The company changed its policy to bring back the engineering business and other operations of 三菱重工エンジニアリング, which had previously been spun off. The basic policy was approved on 30 November 2022, an absorption-type company split agreement was signed on 6 February 2023, and the transfer was scheduled to take effect on 1 April 2023. The assets to be transferred were ¥100.1 billion and liabilities were ¥42.6 billion. - FY2018AchievedAnnual report
「Date of business combination: 1 January 2018 Name of the company after the combination: 三菱重工エンジニアリング株式会社 (a consolidated subsidiary of the company)」
The absorption-type company split of the engineering businesses involving chemical plants and transportation products took effect on 1 January 2018, and operations began under the name 三菱重工エンジニアリング. - FY2018-Q3First statedAnnual report
「As further strengthening has become necessary in response to changes in the market environment, changing customer needs from individual products to systems, and the ability to address project risks including geopolitical risks, as well as QCD management capabilities, the company decided to transfer its engineering business relating to chemical plants and transportation products to ＭＨＩプラント交通システムズ through a simplified absorption-type company split, in order to clarify business responsibility and authority and accelerate decision-making.」
The company entered into an absorption-type company split agreement on 2 November 2017 to transfer engineering-related businesses, including chemical plants and transportation products, to a subsidiary, with 1 January 2018 set as the effective date. The purpose was to clarify business responsibility and authority, accelerate decision-making, and strengthen the ability to address project risks and QCD management capabilities. The transferred assets were stated as ¥185.0 billion and liabilities as ¥75.2 billion.