Transforming Existing Businesses and Creating New Businesses through MHI Future Stream
First written in FY2018. 5 of 10 entries say "Advanced", first in FY2020. Latest entry: FY2026.
15 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「The group recognizes that its growth areas will change in line with society's needs, and will formulate and implement its strategy broadly within the “resilience infrastructure domain.”」
The group expanded its definition of growth areas, previously focused on transforming existing businesses and creating new businesses, to the “resilience infrastructure domain,” which includes safety and security, stable energy supply, rebuilding industrial infrastructure and BCM. - 2026-05-12AdvancedFinancial results presentation
「豪州向けフリゲートをはじめとする複数の大型案件を受注。FY26も、引き続き高水準の受注高を見込む ４兆円を超えた受注残を着実に遂行すべく、引き続き生産設備・人員リソース増強を進める」
防衛・宇宙分野で豪州向けフリゲートを含む大型案件の受注を示し、4兆円超の受注残を遂行するための生産設備・人員リソース増強を継続すると記載した。 - FY2024AdvancedAnnual report
「Orders received increased by ¥1,365.015 billion, or 194.0%, from the previous consolidated fiscal year to ¥2,068.709 billion, mainly because orders for missiles, defense aircraft and special machinery increased in response to the Japanese government's policy of fundamentally strengthening defense capabilities.」
In the defense field identified as a growth area, orders for missiles, defense aircraft and special machinery increased, expanding orders received in the aviation, defense and space segment to ¥2,068.709 billion. - FY2024-Q1AdvancedAnnual report
「Orders received in the first quarter increased by ¥590.081 billion, or 607.9%, year on year to ¥687.157 billion, mainly because orders for missiles increased after the company won multiple projects based on the defense buildup plan formulated in the previous fiscal year.」
In the defense field, which had already been identified as a growth area and new business opportunity, orders for missiles increased 607.9% year on year as the company won multiple projects based on the defense buildup plan. - FY2023AdvancedAnnual report
「The business environment surrounding the group is changing significantly due to the advance of economic fragmentation, expanded government support in various countries for decarbonization and growing momentum behind economic security. In addition to the areas described above, new business opportunities are emerging particularly in nuclear power and defense.」
The scope of new business opportunities expanded beyond energy transition and mobility to the nuclear power and defense fields. The company also presented development and design work aimed at commercializing the innovative light-water reactor SRZ-1200 in the mid-2030s. - FY2021RaisedAnnual report
「The company decided to invest ¥180 billion in these fields during the 2021 Business Plan period and aims to grow them into businesses with sales of approximately ¥1 trillion in the future.」
The development of growth areas associated with MHI Future Stream became a specific target involving ¥180 billion of investment during the plan period in energy transition and new fields such as mobility, with the aim of building a business generating approximately ¥1 trillion in sales in the future. - FY2021-Q3RaisedAnnual report
「Under the 2021 Business Plan, to address new social challenges by leveraging the group's strengths, the company positioned energy transition and new fields such as mobility as growth engines and will invest in them as priorities. It will develop business areas that serve as a foundation for a major advance during the 2024 Business Plan period, with the aim of creating new businesses generating approximately ¥100 billion in sales in fiscal 2023.」
The transformation of existing businesses and creation of new businesses under MHI Future Stream became a specific plan involving priority investment in energy transition and new fields such as mobility, together with a numerical target of creating new businesses generating approximately ¥100 billion in sales in fiscal 2023. - FY2020AdvancedAnnual report
「Centered on the Growth Strategy Office established in April 2020, the company will pursue the “deepening” of existing businesses and the “exploration” of new businesses, focusing on decarbonization, electrification and intelligent systems while taking medium- to long-term trends into account.」
MHI FUTURE STREAM evolved into an organized “deepening” and “exploration” initiative centered on the Growth Strategy Office established in April 2020. - FY2019RestatedAnnual report
「Over the medium to long term, the company will continue working through MHI FUTURE STREAM, an initiative focused on transforming existing businesses and creating new businesses from a medium- to long-term perspective, to create new business opportunities and transform the structure of its energy and environmental businesses.」
The company continues to transform existing businesses, create new businesses and restructure its energy and environmental businesses through MHI Future Stream. - FY2018First statedAnnual report
「The company will fully launch MHI Future Stream as an initiative to identify and analyze business opportunities and threats for the group by envisioning the long-term future society emerging from megatrends, and to transform existing businesses and create new businesses from a medium- to long-term perspective.」
The company fully launched an initiative linking analysis of the future society, based on AI and IoT, decarbonization and the transition to renewable energy, with the transformation of existing businesses and creation of new businesses.