Mitsubishi Heavy Industries Ltd (TSE:7011)
円 1281 39 (3.14%) Market Cap: 4.31 Til Enterprise Value: 4.98 Til PE Ratio: 19.40 PB Ratio: 1.92 GF Score: 73/100
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Mitsubishi Heavy Industries Ltd CCUS Briefing Transcript

Oct 12, 2021 / NTS GMT
Release Date Price: 円301 (+0.62%)
Hitoshi Kaguchi
Mitsubishi Heavy Industries, Ltd. - Executive VP, Chief Strategy Officer, President & CEO of Energy Systems and Director

Thank you very much. Hello, everyone. I am CSO of Mitsubishi Heavy Industries. My name is Kaguchi. Thank you very much for joining us at this briefing on CCUS.

Last October, we announced 2021 medium-term business plan. And in that, in one of the growth area, energy transition was included, and we are working on that. Now, in energy transition, there are 3 pillars. First is the decarbonization of the existing infrastructure. The next is realization of the hydrogen ecosystem. And the third is realization of the CO2 ecosystem.

Concerning the second pillar, last June -- last June, last year, we have made the similar briefing session. And this time, this is the second briefing session that we are having, in realizing the CO2 ecosystem. So CO2-related businesses and actual initiatives are the ones that we'd like to introduce to you.

Concerning CCUS, especially in Europe and also North America, there are strong interest in this area. So we are very

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