April 18, Tokyo, Japan; Bengaluru, Karnataka, India: A leader in next-generation digital services and consulting worldwide, Infosys (NSE, BSE, NYSE: INFY) today announced that Mitsubishi Heavy Industries (MHI) has invested in the Infosys-led Joint Venture HIPUS, expanding Infosys’ footprint in Japan. One of the top industrial organisations in the world, MHI has founded companies including Hitachi Ltd., Panasonic Corporation, and Pasona and operates in the energy, smart infrastructure, industrial equipment, aerospace, and defence sectors.
* A partnership to help businesses use digital procurement platforms to speed up business process transformation
HIPUS, of which Infosys has a majority investment, was established in 2019 to help Japanese companies use next-generation digital platforms to create high-quality, end-to-end procurement processes coupled with sourcing and category knowledge.
MHI, a long-time client of HIPUS, has now increased the scope of their partnership by purchasing a 2 percent share from Infosys. MHI hopes to further investigate potential business prospects in the area with this investment.
“Japan remains a strategic market for Infosys and HIPUS, and we have continuously increased our presence in the region,” said Anantha Radhakrishnan, CEO and MD, Infosys BPM and Chairperson, HIPUS Board. This partnership with MHI demonstrates Infosys’ dedication to fostering reliable relationships with Japanese clients and quickening their transition to digital business processes. Mitsubishi Heavy Industries is being welcomed to HIPUS with great excitement by Infosys.
“We anticipate HIPUS advanced analytics and support to significantly improve procurement operations, enable well-informed decision making, and generate greater value across the organisation in our company’s ongoing efforts to upgrade procurement activities through a data-driven strategy,” stated Isao Miyake, Head, Value Chain Headquarters, Mitsubishi Heavy Industries.
“MHI has grown to be a significant client for HIPUS, obtaining a variety of services,” said Kiyoshi Asami, CEO and Representative Director, HIPUS. By using Infosys’ extensive worldwide reach and robust sourcing and procurement capabilities, HIPUS is also providing MHI services outside of Japan. We are thrilled that MHI has chosen to invest in HIPUS, and we anticipate a fruitful partnership.”
Subject to standard closing conditions, the deal is anticipated to conclude in the first quarter of fiscal year 2026, or the quarter ending June 30, 2025.
Concerning the Group Mitsubishi Heavy Industries (MHI)
One of the top industrial organisations in the world, Mitsubishi Heavy Industries (MHI) Group operates in the fields of energy, smart infrastructure, industrial machines, aerospace, and defence. Modern technology and extensive expertise are combined by MHI Group to provide creative, integrated solutions that contribute to the realisation of a carbon-neutral future, enhance people’s quality of life, and guarantee a safer environment. For further details, please go to http://www.mhi.com.
Concerning HiPUS
With the procurement expertise developed over many years in the Hitachi Group as our business core, HIPUS Co., Ltd. advocates business process change and offers comprehensive procurement solutions. Since Infosys took over as our parent company in April 2019, we have been offering innovative, state-of-the-art services in procurement processes, consulting, analytics, Gen AI, and other digital technology services that integrate local and international expertise. Please visit https://www.hipus.com for further details.
Concerning Infosys
In terms of consulting and next-generation digital services, Infosys is a world leader. More than 300,000 of our employees strive to maximise human potential and create the next big thing for individuals, companies, and communities. We help customers negotiate their digital transformation in over 56 countries. We skilfully guide customers through their digital transformation driven by cloud and AI thanks to our more than 40 years of expertise managing the systems and operations of multinational corporations. Through the transfer of digital skills, experience, and ideas from our innovation ecosystem, we empower the company with agile digital at scale, equip them with an AI-first core, and drive continuous improvement with always-on learning. We are steadfastly dedicated to become an ecologically conscious, well-run company where varied talent flourishes in a welcoming atmosphere.
To learn how Infosys (NSE, BSE, NYSE: INFY) can assist your company in navigating your next steps, visit http://www.infosys.com.
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