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12	12	= Brief Company Overview =
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14		-Mitsubishi Heavy Industries (TYO:7011) Group is an engineering company and one of the world's leading industrial groups that spans its operation from energy, logistics & infrastructure, industrial machinery, aerospace and defense, to automobiles. The company is listed in Tokyo Stock Exchange with the trading symbol "7011" and named Mitsubishi Heavy Industries, Ltd. The origin of the company can be traced back to 1884 when Yataro Iwasaki took a lease out on government-owned Nagasaki Shipyard and renamed it Nagasaki Shipyard & Machinery Works. He started shipbuilding business on a full scale. This shipbuilding business 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.{{footnote}}https://www.mhi.com/company/aboutmhi/history.html{{/footnote}}
	14	+[[image:mitsubishi heavy logo.png||alt="mitsubishi logo" style="float:left"]]Mitsubishi Heavy Industries (TYO:7011) Group is an engineering company and one of the world's leading industrial groups that spans its operation from energy, logistics & infrastructure, industrial machinery, aerospace and defense, to automobiles. The company is listed in Tokyo Stock Exchange with the trading symbol "7011" and named Mitsubishi Heavy Industries, Ltd. The origin of the company can be traced back to 1884 when Yataro Iwasaki took a lease out on government-owned Nagasaki Shipyard and renamed it Nagasaki Shipyard & Machinery Works. He started shipbuilding business on a full scale. This shipbuilding business 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.{{footnote}}https://www.mhi.com/company/aboutmhi/history.html{{/footnote}}
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16	16	Mitsubishi operates through Energy Systems; Plants & Infrastructure Systems; Logistics, Thermal & Drive Systems; and Aircraft, Defense & Space segments. The company belongs to specialty industrial machinery; it employs 77,430 full-time employees as of December 31, 2022. Mitsubishi is headquartered in 2-3, Marunouchi 3-chome, Chiyoda-ku, Tokyo, Japan. Seiji Izumisawa is the current President, CEO & Representative Director of the company. It has 8 domestic offices including the head office, 6 overseas offices in Turkey, Middle East, Taipei, Hanoi, Ho Chi Minh, and Kuala Lumpur. Consolidated total number of companies in the group is 260 - among them 68 are domestic and 192 are overseas. The company has 12 works and plants.{{footnote}}https://www.mhi.com/company/aboutmhi/outline.html{{/footnote}}
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	19	+[[image:mitsubishi headquarters.jpg||alt="mitsubishi headquarters"]]
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19	19	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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