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32	32	(% id="cke_bm_243S" style="display:none" %) (%%)The company offers thermal, renewable energy, nuclear power generation, and engine power plants; oil and gas production plants; lithium-ion battery products and fuel cells; civil aircrafts and engines, aviation equipment, and maintenance, repair, and overhaul of aircrafts; and launch vehicles and services, rocket engines, reaction control systems, space stations, rocket launchers, rocket engine combustion test facilities, and electronic parts.{{footnote}}https://finance.yahoo.com/quote/7011.T/profile?p=7011.T{{/footnote}} It also provides passenger and commercial ships, LNG and LPG carriers, special purpose vessels, and IT services and systems; marine machineries, boilers, turbines, engines, and structures; and intelligent transport systems products and solutions, such as electronic toll collection system, road user charging system, highway traffic management system, EV management system, and development system. In addition, the company offers organic solvent exhaust gas treatment system, waste-to-energy system, sludge treatment system, air quality control system, and bio-treatment system; turbochargers, car air-conditioning and refrigeration systems, rubber and tire machinery, and testing equipment; forklift trucks; and printing, paper converting, and metals, and food & packaging machinery, pumps, compressors & mechanical turbines, hydraulic components. Further, it provides gas holders, vibration control systems, water pipes, tunnel excavation machinery, and cybersecurity solutions for industrial control systems; special vehicles, naval ship and maritime systems, defense aircrafts, helicopters, defense aeroengines, and guided weapon systems; CO2 capture plants; and after-sales services.
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34		-== Major parts of Mitsubishi Group ==
	34	+== Major parts of Mitsubishi Group{{footnote}}https://www.form-mhiklima.com/en-us/corporate/history#{{/footnote}} ==
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36	36	The relationship between FORM MHI, MHI MTH, MHI and Mitsubishi Electric is such that all are part of the Mitsubishi Group. It is a corporate group of more than 600 companies, including Mitsubishi Motors, Nikon and MHI, covering a variety of commercial activities, from banking and insurance to mining and machinery. Mitsubishi Heavy Industries (MHI), with its 130 years of history, operates under Mitsubishi and is focused on efficient and clean energy, comfortable and safe living, clean environment, logistics and transportation.
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42	42	Mitsubishi Electric, a former division of Mitsubishi Heavy industries, broke away in 1921 to embark on semiconductor technology. The two are direct competitors in the VRF and split product sectors although they have come to the air conditioning market on very different routes.
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45	45	= Company History =
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	46	+In 1884, Yataro Iwasaki, the founder of Mitsubishi, leased the Nagasaki Seitetsusho from the Japanese government, renamed it the Nagasaki Shipyard & Machinery Works and entered the shipbuilding business on a large scale. Iwasaki purchased the shipyards outright in 1887. In 1891, "Mitsubishi Heavy Industries - Yokohama Machinery Works" was started as Yokohama Dock Company, Ltd. Its main business was ship repairs, to which it added ship servicing by 1897.
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	48	+Nagasaki Shipyard & Machinery Works was later turned into Mitsubishi Shipbuilding Co., Ltd., and then launched as Mitsubishi Heavy-Industries, Ltd. in 1934, manufacturing ships, heavy machinery, airplanes, and railroad cars.
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