Since its establishment in 1917, Mitsui Engineering & Shipbuilding (MES) has provided trusted products and plants for the society. MES has 3 main business segment, which are Ship & Ocean, Machinery & Systems, and Engineering. Machinery & Systems segment mainly provides marine diesel engines and cranes. Engineering segment provides EPC (Engineering, Procurement, and Construction) service to construct petrochemical and environmental plant.
MES has put efforts on the mid-term business plan 2011 starting from FY2011 to FY2013. Although FY2013 has not yet ended, MES set up a new mid-term business plan (new plan) starting from FY2014 to FY2016 to respond to the substantial change in the business environment and started the new plan from the FY2013.
In the new plan, MES is aiming to accomplish a balanced business portfolio that combines continuous growth with stable earnings. MES will work to innovate the business areas in order to establish a foundation for continuous growth, and to innovate the business models for stable earnings. In this way, MES will make efforts to reform the business structure. Regarding business area innovation, MES is aiming for globalization and to expand the business in the growing markets of marine development and environmental energy, as well as qualitative shifts in the existing core businesses.
Regarding business structure innovation, MES will not only sell the product, but also expand after service and related service business and also take part in other business to create new business model.more