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Mitsubishi Heavy Industries, Ltd (三菱重工業株式会社, Mitsubishi Jūkōgyō Kabushiki-kaisha), or MHI, is a...

Mitsubishi Heavy Industries, Ltd (三菱重工業株式会社, Mitsubishi Jūkōgyō Kabushiki-kaisha), or MHI, is a Japanese company. It is one of the core companies of Mitsubishi Group. In 1870 Yataro Iwasaki, the founder of Mitsubishi took a lease of Government-owned Nagasaki Shipyard. He named it Nagasaki Shipyard & Machinery Works, and started the shipbuilding business on a full scale. This shipbuilding business evolved into Mitsubishi Shipbuilding Co., Ltd., which became Mitsubishi Heavy Industries, Ltd. in 1934. It was the largest private firm in Japan, manufacturing ships, heavy machinery, airplanes, and railroad cars. Following the end of World War II, and the dissolution of the zaibatsu MHI was divided into three entities: West Japan Heavy-Industries, Ltd., Central Japan Heavy-Industries, Ltd. and East Japan Heavy-Industries, Ltd. It was re-consolidated in 1964 and reborn as Mitsubishi Heavy Industries, Ltd. In 1970, MHI's automobile department became independent and Mitsubishi Motors began manufacturing and marketing automobiles. As the leading company of the Japan's aerospace industry, Mitsubishi Heavy Industries(MHI) has been engaged in the development and production of a wide variety of