# JTEKT and Mitsubishi Heavy Industries end machine tool partnership talks

JTEKT announced it has terminated discussions with Mitsubishi Heavy Industries regarding a business partnership in the machine tool field, including capital participation in Mitsubishi Heavy Industries Machine Tool. The basic agreement has been cancelled.

- Type: Partnership
- Announced: 2018-05-25
- Where: Japan
- Status: cancelled
- Products: machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [JTEKT Corporation](https://endata.com/companies/8792.md)
- [Mitsubishi Heavy Industries](https://endata.com/companies/493.md) (partner)
- [Mitsubishi Heavy Industries Machine Tool](https://endata.com/companies/18068.md) (partner)

## Sources

- [monoist.itmedia.co.jp](https://monoist.itmedia.co.jp/mn/articles/1806/15/news025.html), 2018-06-15: "ジェイテクトは、三菱重工業との間で進めていた、工作機械分野における事業提携に向けた協議を中止する。"
- [seisanzai-japan.com](https://seisanzai-japan.com/article/p506/), 2018-08-09: "JTEKT announced that they had not reach an agreement of its machine tool business alliance with Mitsubishi Heavy Industries."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.