TOKYO -- Shares of Mitsubishi Heavy Industries hit an all time high and eclipsed the 10-trillion-yen ($69 billion) mark on Friday, riding on surging demand for gas turbines.
Energy
Mitsubishi Heavy vows to retake GE's No. 1 turbine maker title
Company scales 10 trillion yen in market capitalization on robust gas power demand
After its most profitable year to date, Mitsubishi Heavy Industries is expanding to recover its crown as the world's top supplier of large gas turbines, which it lost to GE in 2024. (Photo by Suzu Takahashi)
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