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TOKYO, Dec 7, 2018 - (JCN Newswire) - In conjunction with the capital-related measures affecting its Group company Mitsubishi Aircraft Corporation (Mitsubishi Aircraft) described in the Press Information of October 31, 2018 ("MHI Increases Capital in Mitsubishi Aircraft Corporation"), Mitsubishi Heavy Industries, Ltd. (MHI) has canceled 50 billion yen of the total debt owed to it by Mitsubishi Aircraft and taken over the company's subscription shares in their entirety. As a result of these measures, effective today a capital increase in Mitsubishi Aircraft has been completed in the amount of 170 billion yen.
After the capital increase, Mitsubishi Aircraft's paid-in capital and capital reserve each now stand at 135 billion yen. The capital-related measures indicated above will strengthen Mitsubishi Aircraft's business foundation and drive development of the MRJ forward.
Contact:
Corporate Communication Department
Mitsubishi Heavy Industries, Ltd.
Email: mediacontact_global@mhi.co.jp
Tel: +81-(0)3-6716-2168
Fax: +81-(0)3-6716-5860
Topic: Press release summary
Source: Mitsubishi Heavy Industries, Ltd.
Sectors: Daily News
https://www.acnnewswire.com
From the Asia Corporate News Network
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