Re: Toyota considering Aviation industry launch
1- the point was that one unit’s performance is not a good indicator of another unit’s performance
#2- dude…did you see when that was written?
By DAVID E. SANGER
Published: May 20, 1990
18 years ago? before you started elementary school…things change..
Here is something a little more recent, (same decade, same century, same millenium) still a little dated for my taste, but gives you an idea of not just MHI, but specifically their aviation business.
http://www.businessweek.com/magazine/content/03_04/b3817159.htm
*Analysts say it should dump such dross and concentrate on its promising–and highly profitable–aerospace unit. That division makes F-2 fighter jets, commercial rockets, and crucial wing parts for Boeing Co. and Airbus Industrie jumbo jets. Last year, the division earned $277.5 million–42.4% of the company’s total operating profit–on $3.9 billion in sales. “They’re a world-class business in aero-engine manufacturing,” says Roger Pratt, head of the Tokyo office of British engine maker Rolls-Royce PLC, which buys parts from MHI. Industry watchers say Nishioka should scale back and make aerospace his main business. *