TOKYO -- Mitsubishi Heavy Industries is preparing to sell Tokyo-listed forklift unit Mitsubishi Logisnext, Nikkei learned Friday, as the group ramps up efforts to boost capital efficiency.
Business deals
Japan's Mitsubishi Heavy to sell forklift unit Logisnext
Group faces market pressure, since both parent and subsidiary are listed
Mitsubishi Logisnext posted a roughly 40% year-on-year decline in April-September net profit. (Photo by Eisaku Nitta)
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