Mitsubishi Heavy Industries
From Scramble - The Aviation Magazine
In 1870 Yataro Iwasaki, the founder of Mitsubishi took a lease of Government-owned Nagasaki Shipyard, evolving into Mitsubishi Shipbuilding Co., Ltd., which became Mitsubishi Heavy Industries in 1934. It was the largest private firm in Japan, manufacturing ships, heavy machinery, airplanes, and railroad cars. Following the end of World War II, Mitsubishi Heavy Industries was divided into three entities: West Japan Heavy-Industries, Central Japan Heavy-Industries and East Japan Heavy-Industries. It was re-consolidated in 1964 and reborn as Mitsubishi Heavy Industries. In 1970, Mitsubishi Heavy Industries's automobile department became independent and Mitsubishi Motors began manufacturing and marketing cars.