Mitsubishi Heavy Forklift Sale: Restructuring Update

by Archynetys Economy Desk

Despite record profits, industrial giant shifts focus to core businesses such as energy and defense

Mitsubishi Logisnext has been focusing on the development of autonomous forklifts. (Photo by Shigeru Kobayashi)

MASASHI ISAWA

TOKYO — Mitsubishi Heavy Industries’ sale of its forklift unit for 130 billion yen ($884 million) represents a push to focus on core businesses such as energy and defense.

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