Mitsubishi Hitachi Power Systems, Ltd. (MHPS) was established by merging the thermal
power generation business sectors of the two companies: Mitsubishi Heavy Industries, Ltd. (MHI)
and Hitachi, Ltd. (HITACHI). Both companies had separately pursued technologies for the
effective and clean utilization of coal by employing their own firing systems. In addition to their
business histories regarding the development of such technologies and the latest technological
trends, this report also addresses our future direction as MHPS in the development of boiler
technologies.