Bengaluru, India and Tokyo (OTE) - JV to accelerate business process
transformation for enterprises
leveraging digital procurement platforms
Infosys (NSE, BSE, NYSE: INFY), a global leader in next-
generation digital services and consulting, today announced
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 defense, 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 2 percent 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 Chairperson,
HIPUS Board said, "Japan continues to be a strategic market for
Infosys and HIPUS and we have consistently expanded our 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."
Isao Miyake, Head, Value Chain Headquarters, Mitsubishi Heavy
Industries , said, "In our company's ongoing efforts to upgrade
procurement activities through a data-driven strategy, we expect
HIPUS advanced analytics and support to significantly improve
procurement operations, enable well informed decision making, and
generate greater value across the organization."
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."
The transaction is expected to close during the first quarter of
fiscal year 2026 (i.e. quarter ending June 30, 2025), subject to
customary closing conditions.
Abo ut Mitsubishi Heavy Industries (MHI) Group
Mitsubishi Heavy Industries (MHI) Group is one of the world's
leading industrial groups, spanning energy, smart infrastructure,
industrial machinery, aerospace and defense. MHI Group combines
cutting-edge technology with deep experience to deliver innovative,
integrated solutions that help to realize a carbon neutral world,
improve the quality of life and ensure a safer world. For more
information, please visit www.mhi.com
About HiPUS
HIPUS Co., Ltd. promotes business process transformation and
provide total procurement solutions with the procurement know-how
cultivated over many years in the Hitachi Group as our business core.
Since April 2019, Infosys has become our parent company, and we
provide new, cutting-edge services that combine global knowledge and
domestic skills in procurement processes, consulting, analytics, Gen
AI, and other digital technology services. For more information,
please visit https://www.hipus.com .
About Infosys
Infosys is a global leader in next-generation digital services
and consulting. Over 300,000 of our people work to amplify human
potential and create the next opportunity for people, businesses and
communities. We enable clients in more than 56 countries to navigate
their digital transformation. With over four decades of experience in
managing the systems and workings of global enterprises, we expertly
steer clients, as they navigate their digital transformation powered
by cloud and AI. We enable them with an AI-first core, empower the
business with agile digital at scale and drive continuous improvement
with always-on learning through the transfer of digital skills,
expertise, and ideas from our innovation ecosystem. We are deeply
committed to being a well-governed, environmentally sustainable
organization where diverse talent thrives in an inclusive workplace.
Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY)
can help your enterprise navigate your next.
Safe Harbor
Certain statements in this release concerning our future growth
prospects, or our future financial or operating performance, are
forward-looking statements intended to qualify for the 'safe harbor'
under the Private Securities Litigation Reform Act of 1995, which
involve a number of risks and uncertainties that could cause actual
results or outcomes to differ materially from those in such forward-
looking statements. The risks and uncertainties relating to these
statements include, but are not limited to, risks and uncertainties
regarding the execution of our business strategy, increased
competition for talent, our ability to attract and retain personnel,
increase in wages, investments to reskill our employees, our ability
to effectively implement a hybrid work model, economic uncertainties
and geo-political situations, technological disruptions and
innovations such as Generative AI, the complex and evolving
regulatory landscape including immigration regulation changes, our
ESG vision, our capital allocation policy and expectations concerning
our market position, future operations, margins, profitability,
liquidity, capital resources, our corporate actions including
acquisitions, and cybersecurity matters. Important factors that may
cause actual results or outcomes to differ from those implied by the
forward-looking statements are discussed in more detail in our US
Securities and Exchange Commission filings including our Annual
Report on Form 20-F for the fiscal year ended March 31, 2024. These
filings are available at www.sec.gov . Infosys may, from time to
time, make additional written and oral forward-looking statements,
including statements contained in the Company's filings with the
Securities and Exchange Commission and our reports to shareholders.
The Company does not undertake to update any forward-looking
statements that may be made from time to time by or on behalf of the
Company unless it is required by law.
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