MHI agrees conditional JPY10 billion investment in Preferred Networks

Source announcement: 2026-09-16. Prepared with AI assistance from the linked primary sources. Company and government claims are attributed to their issuers. How we use AI.

Mitsubishi Heavy Industries and Preferred Networks announced a capital alliance on 16 September, following an agreement signed on 31 August.

MHI said it would subscribe to newly issued Preferred Networks shares for JPY10 billion. Completion depends on required procedures, including approvals at a Preferred Networks shareholder meeting.

The partners plan joint development of intelligent and autonomous machinery for areas including social infrastructure. The release does not confirm that the investment has closed. The funding tracker preserves the announced amount and conditional status, without assigning a valuation.

Primary sources

• Joint MHI / Preferred Networks announcement

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