Mitsubishi Heavy Industries has decided to waive its claims against MSJ Asset Management.
MSJ Asset Management, which changed its name from Mitsubishi Aircraft Corporation in April 2023, was developing the “Mitsubishi SpaceJet.” In July of this year, it filed for special liquidation with the Tokyo District Court. The total debt amounts to 641.3 billion yen.
The claims of loaned funds, etc., are about 640 billion yen. Given that an allowance for doubtful accounts has already been recorded and it is a waiver of claims to a consolidated subsidiary, the impact on financial results is considered to be minor.
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