Mitsubishi Heavy aims for low-carbon shift after profit rebound

Flat sales point to difficult transition for Japanese industrial conglomerate

20211028 MHI

Mitsubishi Heavy Industries aims to make carbon-capture technologies and zero-carbon fuels important new sources of revenue within a decade. (Source photos by Reuters and EPA/Jiji) 

MITSURU OBE, Nikkei Asia chief business news correspondent

TOKYO -- Mitsubishi Heavy Industries returned to profit in the six months through September despite sluggish sales, as the company works to transform itself into a leader in decarbonation technology.

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