June

Announcement of Business Alliance with Mitsubishi Heavy Industries, Ltd.

05/06/2007 ivanng_j371981m2023-07-17T16:44:05+08:00

On June 8, 2007, in an effort to further strengthen our alliance with Mitsubishi Heavy Industries, Ltd. (MHI), Nichiyu established an ownership relation with MHI. Nichiyu will issue new shares amounting to 4.2 billion yen, which will be underwritten by MHI. Consequently, MHI will become Nichiyu’s largest shareholder with 20% of its...