Expansion of the materials handling equipment business through the acquisition of UniCarriers
First written in FY2016. 8 of 17 entries say "Advanced", first in FY2017-Q1. Latest entry: FY2026.
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- FY2026AchievedAnnual report
「As Mitsubishi Logisnext will cease to be our consolidated subsidiary as a result of this transaction, the business of Mitsubishi Logisnext and its subsidiaries and associates has been classified as discontinued operations for the current interim consolidated accounting period.」
The phase of expanding and integrating the logistics equipment business following the UniCarriers acquisition reached a milestone when the transfer of shares in Mitsubishi Logisnext and other steps were completed on 1 May 2026, removing it from the scope of consolidated subsidiaries. - FY2026-H1ReframedAnnual report
「As a result of this transaction, Mitsubishi Logisnext is expected to cease to be our consolidated subsidiary.」
The policy shifted from expanding and integrating the logistics equipment business after the UniCarriers acquisition to transferring the shares of Mitsubishi Logisnext and removing it from the scope of consolidated subsidiaries. The transaction combines non-tendering in the tender offer, a share consolidation, a treasury-share acquisition and a reinvestment by us. - FY2024-Q2RestatedAnnual report
「During the first quarter, Mitsubishi Logisnext Americas （Houston） Inc., our subsidiary, absorbed Mitsubishi Logisnext Americas（Marengo） Inc., also our subsidiary, and changed its trade name to Mitsubishi Logisnext Americas Inc.」
The absorption-type merger and change of trade name carried out in the first quarter are reiterated for the North American subsidiaries of the logistics equipment business. - FY2024-Q1AdvancedAnnual report
「During the first quarter of the current consolidated accounting period, Mitsubishi Logisnext Americas (Houston) Inc., our subsidiary, absorbed Mitsubishi Logisnext Americas (Marengo) Inc., also our subsidiary, and changed its trade name to Mitsubishi Logisnext Americas Inc.」
Regarding the North American subsidiaries of the logistics equipment business, Mitsubishi Logisnext Americas (Houston) Inc. absorbed Mitsubishi Logisnext Americas (Marengo) Inc., advancing organisational integration. - FY2021-Q3AdvancedAnnual report
「During the third quarter of the current consolidated accounting period, Mitsubishi Logisnext Co., Ltd., our consolidated subsidiary, absorbed Logisnext UniCarriers Co., Ltd., which had been our consolidated subsidiary.」
Integration of the logistics equipment business advanced through Mitsubishi Logisnext's absorption of Logisnext UniCarriers and restructuring following the transfer of the business to Logisnext Tokyo Co., Ltd. - FY2021-Q1AdvancedAnnual report
「During the first quarter of the current consolidated accounting period, we absorbed Mitsubishi Heavy Industries Forklift & Engine Turbo Holdings Ltd., which had been our consolidated subsidiary. • During the first quarter of the current consolidated accounting period, Mitsubishi Logisnext Europe B.V., our consolidated subsidiary, absorbed Mitsubishi Caterpillar Forklift Europe B.V., which had been our consolidated subsidiary.」
In the logistics equipment business, we carried out the absorption-type merger of Mitsubishi Heavy Industries Forklift & Engine Turbo Holdings and an absorption-type merger between European subsidiaries. - FY2020AdvancedAnnual report
「During the current consolidated fiscal year, our Group converted the preferred shares issued by Mitsubishi Logisnext Co., Ltd. into common shares. As a result, our Group's voting ownership interest in the company increased from 50.9% to 64.6%.」
In the logistics equipment business, the voting ownership interest in Mitsubishi Logisnext increased from 50.9% to 64.6%, strengthening control. - FY2020-Q2AdvancedAnnual report
「Mitsubishi Logisnext Americas Inc., our consolidated subsidiary, included Equipment Depot, Inc. in the scope of consolidation from the second quarter of the current consolidated accounting period following its acquisition of all shares in that company.」
To expand the logistics equipment business, Mitsubishi Logisnext Americas Inc. completed the acquisition of all shares in Equipment Depot, Inc., which was included in the scope of consolidation from the second quarter. - FY2020-Q1Decline in orders for mass-produced products, including logistics equipmentAnnual report
「Orders received during the first quarter of the current consolidated cumulative period were ¥440,648 million, ¥6,586 million, or 1.5%, higher than in the same quarter of the previous year, as increases in steelmaking machinery and environmental equipment outweighed decreases in mass-produced products such as turbochargers, logistics equipment and machine tools.」
For mass-produced products, including logistics equipment, which had shown expansion after the UniCarriers acquisition, a decline in orders was reported for the quarter. However, total segment orders received increased 1.5% year on year. - FY2018-Q3AdvancedAnnual report
「During the third quarter of the current consolidated accounting period, Nichiyu Mitsubishi Forklift Co., Ltd., our consolidated subsidiary, assumed the business operated by UniCarriers Co., Ltd., our consolidated subsidiary, excluding its domestic sales business, and changed its trade name to Mitsubishi Logisnext Co., Ltd. Accordingly, UniCarriers Co., Ltd. changed its trade name to Logisnext UniCarriers Co., Ltd.」
Post-acquisition integration advanced to specific organisational restructuring, comprising the transfer of the business excluding domestic sales, the change of UniCarriers' trade name to Mitsubishi Logisnext and the change of UniCarriers' trade name. - FY2017RestatedAnnual report
「Orders received were ¥1,464,392 million, ¥71,827 million, or 5.2%, higher than in the previous consolidated fiscal year, owing to the expansion of the logistics equipment business after UniCarriers Holdings Corporation joined our Group in the previous consolidated fiscal year, as well as an increase in turbochargers driven by tighter vehicle fuel-efficiency regulations.」
The effect of the UniCarriers acquisition in expanding the scale of the logistics equipment business continued to be reflected in results. - FY2017-Q3RestatedAnnual report
「Orders received during the first three quarters of the current consolidated cumulative period were ¥1,069,667 million, ¥24,169 million, or 2.3%, higher than in the same period of the previous year, owing in part to the increase in forklifts resulting from the acquisition of UniCarriers Holdings Corporation, despite decreases in steelmaking machinery and compressors, among other products.」
The effect of the UniCarriers acquisition in increasing forklift orders continued to be evident in results for the first three quarters. - FY2017-Q2AdvancedAnnual report
「During the second quarter of the current consolidated accounting period, UniCarriers Co., Ltd., our consolidated subsidiary, absorbed UniCarriers Holdings Co., Ltd., which had been our consolidated subsidiary.」
As part of post-acquisition integration, UniCarriers absorbed UniCarriers Holdings. - FY2017-Q1AdvancedAnnual report
「Orders received during the first quarter of the current consolidated cumulative period were ¥338,970 million, ¥19,285 million, or 5.4%, lower than in the same quarter of the previous year, as the decrease in steelmaking machinery and other products outweighed the increase in forklifts resulting from the acquisition of UniCarriers Holdings Corporation.」
The effect of the UniCarriers acquisition is evident in the increase in forklift orders received. - FY2016First statedAnnual report
「Through this acquisition, we aim to improve our ability to meet customers' diverse needs by offering a full product lineup, strengthen our development capabilities and enhance product competitiveness. In addition, by supplementing our sales network, we will strengthen our business platform and expand the scale of the business.」
On 31 March 2016, we acquired all shares of UniCarriers Holdings Corporation, with the aim of offering a full product lineup and complementing our sales network.