Mitsubishi Heavy Industries (MHI) has invested in the Infosys-led Joint Venture HIPUS, enhancing Infosys' presence in Japan.
MHI is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defence, and has established corporations like Hitachi Ltd., Panasonic Corporation and Pasona.
HIPUS, in which Infosys owns a majority stake, was set up in 2019, to drive high-quality, end-to-end procurement processes along with sourcing and category expertise, leveraging next-generation digital platforms for Japanese corporations.
MHI has been a longstanding customer of HIPUS and has now expanded the collaboration by acquiring a two per cent stake from Infosys. Through this investment MHI aims to further explore new business opportunities in the region.
Anantha Radhakrishnan, CEO and MD, Infosys BPM, and chair of HIPUS Board said Japan continues to be a strategic market for Infosys and HIPUS and the company has consistently expanded its footprint in the region.
“This collaboration with MHI reinforces Infosys' commitment towards building trusted collaboration with customers in Japan and accelerating their digital business process transformation journey. Infosys is excited to welcome Mitsubishi Heavy Industries to HIPUS,” Radhakrishnan said.
Isao Miyake, Head, value chain headquarters, Mitsubishi Heavy Industries, said HIPUS advanced analytics will significantly improve procurement operations, enable well informed decision making, and generate greater value across the organisation.
Kiyoshi Asami, CEO and representative director, HIPUS, said MHI has become an important client for HIPUS receiving a wide range of services.
“HIPUS is also executing MHI services beyond Japan, leveraging Infosys' global presence as well as its strong sourcing and procurement services. We are extremely delighted that MHI has decided to invest in HIPUS and we look forward to an impactful collaboration,” Asami said.
The transaction is expected to close during the first quarter of fiscal year 2026.