Report published September 30, 2026
Mitsubishi Heavy Industries (7011.T): Nikkei Reports ¥100 bn Investment in Shimonoseki; Commercial Shipbuilding Capacity to Rise 25% by FY3/29
Goldman Sachs · September 30, 2026
The Nikkei reported that Mitsubishi Heavy Industries plans a ¥100 bn public-private investment in its Shimonoseki Shipyard to increase commercial shipbuilding capacity by 25% by FY3/29. Goldman Sachs reiterates its Buy rating with a 12-month target price of ¥6,200.
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Finvaulta summarizes Goldman Sachs's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.
Key Takeaways
- 1.The Nikkei reported that MHI plans a public-private investment of roughly ¥100 bn in its Shimonoseki Shipyard, aiming to boost commercial shipbuilding capacity by 25% by FY3/29.
- 2.Japan's government aims to double domestic shipbuilding capacity by 2035 versus 2024, with MLIT's revitalization fund expected to grant up to ¥40 bn in subsidies to the MHI group.
- 3.Goldman Sachs reiterates a Buy rating on MHI with a 12-month target price of ¥6,200 (63.5% upside), viewing the investment as an agile response to rising domestic private shipbuilding demand.
Table of Contents
- Price Target Risks and Methodology - Mitsubishi Heavy Industries (7011.T)
Report data
7011.T Valuation and GS Forecast Summary — as of September 29, 2026.
| Metric | Estimate | Context |
|---|---|---|
| Planned Shimonoseki investment | 100 ¥ bn | Reported public-private investment in Shimonoseki Shipyard |
| Commercial shipbuilding capacity expansion target | 25% | Planned capacity increase relative to current levels |
| Government shipbuilding revitalization subsidies | 40 ¥ bn | Expected maximum subsidies from MLIT's revitalization fund to MHI group |
| 12-month Price Target | 6200 ¥ | Target price for 7011.T |
| Closing Share Price | 3793 ¥ | Closing price prior to report publication |
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