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Chida, Tomohei, and Peter N. Davies, The Japanese Shipping and Shipbuilding Industries: A History of Their Modern Growth, London: Athlone Press, 1990.
To compensate, MHI's shipbuilding division embarked on a program of heavy cost-cutting in 1992.
Kanabayashi, Masayoshi, “Ship Firms That Diversify Win Favor of Analysts,” Asian Wall Street Journal, June 6, 1995.
“Nishioka Named President of Mitsubishi Heavy Industries,” Japan Weekly Monitor, April 5, 1999.
The company's sales and profits dropped further in 1999, as Japan remained mired in the Asian economic crisis.
He predicted that the company would return to profitability by 2003.
"Mitsubishi Heavy Industries, Ltd. ." International Directory of Company Histories. . Retrieved June 21, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/mitsubishi-heavy-industries-ltd-0
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Goss International | 1885 | $700.0M | 3,000 | - |
| KHS | 1868 | $1.1T | 4,673 | 26 |
| Johnson Controls | 1885 | $23.0B | 97,000 | 1,739 |
| Woodward | 1870 | $3.3B | 9,000 | 76 |
| Engineered Systems, Inc. | - | $800,000 | 5 | 1 |
| Martin Engineering | 1944 | $210.0M | 600 | 30 |
| Valmet | 1986 | $3.4B | 13,434 | 76 |
| Smith & Loveless | 1946 | $300.0M | 200 | - |
| Solar Innovations® Architectural Glazing Systems | 1998 | $26.0M | 7 | 4 |
| Calgon Carbon | 1942 | $619.8M | 1,400 | 24 |
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