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Ube Industries and Mitsubishi Heavy Industries Complete Merger of their Group Companies in Injection Molding Machine Businesses

January 5, 2017

Tokyo, January 5, 2017 _ On January 1, Ube Machinery Corporation, Ltd., a group company of Ube Industries, Ltd., and Mitsubishi Heavy Industries Plastic Technology Co., Ltd., a group company of Mitsubishi Heavy Industries, Ltd. (MHI), completed a transfer of shares relating to their respective businesses in injection molding machines. The transfer was the result of ongoing discussions following the signing of an agreement on July 29, 2016 toward integration of the two companies’ related business operations.

As a result of the share transfer, Mitsubishi Heavy Industries Plastic Technology Co., Ltd. has relaunched operations under a new structure and a new corporate name: U-MHI Platech Co., Ltd. (U-MHIPT). Simultaneously, Ube Machinery has begun operations at a newly established entity, named U&M Plastic Solutions Co., Ltd., charged with marketing products produced by both Ube Machinery and U-MHIPT.

The injection molding machine business environment is becoming increasingly severe in both the Japanese and global markets. Through the integration of their businesses in this field, Ube Industries and MHI have opted to combine their respective strengths in technologies, product lineup, and sales and servicing networks in order to pursue enhanced strength in sales, servicing, development, and production technology. By adding value through reduced manufacturing costs and timely anticipation of customer needs, the two companies target business expansion in the global market for injection molding machines.

The newly created U&M Plastic Solutions will offer technical guidance and consulting services related to the molding of plastic products, and will be supported by the marketing strength of both brands. Working closely with customers, the company will swiftly respond to on-site needs and resolve associated issues to help customers produce superior plastic products.

By bringing together their key strengths, U-MHIPT and U&M Plastic Solutions, will offer superlative proposals and deliver products and services of great satisfaction to customers around the world, offering more advanced technological capabilities, product lineup and product servicing.

Outline of the three group companies

Company Name Ube Machinery Corporation, Ltd.
Location 1980 Okinoyama, Kogushi, Ube, Yamaguchi Pref.
President Yukio Hisatsugu
Business scope

Manufacture, sales, servicing and maintenance of die casting machines, injection molding machines, extrusion presses, vertical mills, kilns, furnaces, dryers, storage and transportation systems, dust collectors, bridges, floodgates, steel structures, and other industrial machinery
Capital 6.7 billion yen
Establishment September 1999
Principal shareholder
(equity stake)
Ube Industries, Ltd. (100%)

Employees 1,000 (as of January 1, 2017)
Sales 45 billion yen (FY2015)
Company Name U-MHI Platech Co., Ltd.
Location 1 Aza Takamichi, Iwatsuka, Nakamura-ku, Nagoya, Aichi Pref.
President Koji Kubota
Business scope

Design, manufacture, sales and servicing of injection molding machines, auxiliary equipment, dies and parts
Engineering, retrofitting, repair, technical guidance and consulting for the above products
Capital 450 million yen
Establishment April 2005
Principal shareholders
(equity stake)
Ube Machinery Corporation, Ltd. (85%)
Mitsubishi Heavy Industries, Ltd. (15%)
Employees 139 (as of January 1, 2017)
Sales 10 billion yen (FY2015)
Company Name U&M Plastic Solutions Co., Ltd.
Location 1980 Okinoyama, Kogushi, Ube, Yamaguchi Pref.
President Junichi Yonehara
Business scope

Marketing of injection molding machines and related parts, dies, devices and systems
Studies, technical guidance and consulting relating to molding of plastic products
Capital 30 million yen
Establishment November 2016
Principal shareholder
(equity stake)
Ube Machinery Corporation, Ltd. (100%)

Employees 25 (as of January 1, 2017)
Offices Tokyo, Nagoya, Osaka, Ube

The relevant page

News Releases: July 29, 2016
Group Companies of Ube Industries and Mitsubishi Heavy Industries to Merge Injection Molding Machine Businesses

Contact

For inquiries please contact
  • Ube Industries, Ltd.
  • Investor Relations & Public Relations Department
  • Corporate Planning & Administration Office
  • Seavans North Building, 1-2-1 Shibaura, Minato-ku, Tokyo 105-8449
  • Phone : +81-3-5419-6110
  • Contact us by Internet.
  • Ube Machinery Corporation, Ltd.
  • General Affairs Department
  • Phone : +81-836-22-6465
  • U-MHI Platech Co., Ltd.
  • General Affairs Department
  • Phone : +81-52-412-1111
  • U&M Plastic Solutions Co., Ltd. (sales)
  • Sales Department
  • Phone : +81-3-5419-6212