Mitsubishi Heavy Industries • Integrated Report • 2019 • Strategy and resource allocation
- Strategic focus and future orientation
Key observations:
Mitsubishi Heavy Industries uses a two-page spread to convey its 2010, 2012, 2015 and 2018 Medium-Term Business Plans. For the current 2018 Medium-Term Business Plan, in line with paragraph 4.27 of the <IR> Framework, Mitsubishi Heavy Industries communicates what the company wants to achieve and how it intends to get there. It highlights how it aims to realise its future vision through implementing structural reforms, gaining organisational strengths, and by enhancing resilience and corporate culture. It reveals the length of various business reform initiatives and communicates key priorities. Beneath the business plan diagram, Mitsubishi Heavy Industries uses bar charts to effectively evidence how the business plan has successfully led to growing revenue.