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18	18	As of May, 2023, 52-week range of the company's share price has been between ¥5,687.00 to ¥4,340.00. Trailing P/E of the company is 13.28 times, price to sales (ttm) ratio is 0.42 times, profit margin is 3.13%, return on assets (ttm) is 1.63%, return on equity is 8.94%. Trailing annual dividend yield of the company is 1.05%, and payout ratio is 29.74%. The company split its share on September 27, 2017 to the ratio of 1 to 10.
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56	56	By 1975, as a result of that downturn, MHI generated only about 40% sales from the shipbuilding segment and only about 33% of its employees worked there. By 1985, the numbers further declined to only 15% and 17%, respectively. However, MHI managed to shift its assets quickly enough to survive. Having already spun off its automobile division to form Mitsubishi Motors Corporation in 1970, MHI aggressively pursued clients in the power-plant and factory-design fields. It also resumed its position as the top supplier of military hardware to Japan's growing defense force. MHI has streamlined its production facilities by shifting employees from older industries such as shipbuilding to newer ones such as machinery and power-plant production, at the same time allowing natural attrition to shrink its overall labor bill.
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	59	+MHI participated in a ¥540 billion emergency rescue of Mitsubishi Motors in January 2005, in partnership with Mitsubishi Corporation and Mitsubishi Tokyo Financial Group. As part of the rescue, MHI acquired ¥50 billion of Mitsubishi Motors stock, increasing its ownership stake to 15 percent and making the automaker an affiliate again.
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	61	+In October 2009, MHI announced an order for up to 100 regional jets from the United States-based airline Trans States Holdings.
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	63	+MHI entered merger talks with Hitachi in 2011 which later broke down and were suspended.{{footnote}}https://www.bbc.com/news/business-14398128{{/footnote}} This would have been the largest merger between two Japanese companies. However, the companies agreed to merge their thermal power generation businesses into a joint venture to be owned 65% by MHI and 35% by Hitachi.{{footnote}}https://www.bbc.com/news/business-20551428{{/footnote}} The joint venture started operation in February 2014 and ended in 2020 as Hitachi transferred its shares to MHI.
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	65	+In February 2021, MHI sold its machine tools business MHI Machine Tool Co. to Nidec.{{footnote}}https://www.reuters.com/article/nidec-mhi-idUSASA01P17{{/footnote}}
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	67	+= References =
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