Key Takeaways

  • MHI completes wind power business transfer.
  • Business to be transferred to MWIND Co., Ltd.
  • Shares in newly established company to be transferred to Electric Power Development Co.,Ltd.

Strategic Implications

This transaction may indicate MHI’s focus on divesting non-core businesses. The simplified absorption-type split suggests a desire for streamlined operations, while the share transfer could enhance Electric Power Development Co.,Ltd.’s presence in the domestic wind power market.