The Business Transfer does not include the transformers manufactured at Mitsubishi Electric's Transmission & Distribution Systems Center, Ako Factory.
After obtaining approval from the relevant authorities, assets and other items related to the distribution transformer business (development, design, manufacturing, sales, and maintenance) at Mitsubishi Electric's Nagoya Works will be transferred to Hitachi Industrial Equipment Systems in stages beginning in October 2024, with completion scheduled for April 1, 2026.