# If Mitsubishi Heavy Industries moves, who benefits? How far does the value-chain ripple reach?
Canonical: https://valuechain.wiki/mitsubishi-heavy-industries · Facet: ripple · Updated: 2026-07-12T03:24:01.023141+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Per the valuechain.wiki graph, Mitsubishi Heavy Industries is directly linked to 2 companies (1 supply, 1 revenue relationships) and reaches 7 companies within two hops; the links are backed by 8 dated sources, 3 of them primary filings (as of 2026-07-12).

Mitsubishi Heavy Industries operates across Nikkei 225, Heavy industry, ¥13T gas-turbine & defense backlog. After +98.3% in 2025, it corrected -16.7% in 2026. The supply side (avg +10.3%) has moved harder than the stock (-16.7%). That is the classic bottleneck pattern: supplier volume leverage is being priced before this layer's own margin. Among connected nodes the furthest ahead is Toray Industries (+10.3%) and the furthest behind is Boeing (-2.2%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. In the value chain it builds the Boeing 787 wing from Toray T800 carbon fiber and, via a 33.3% stake in the GCAP JV Edgewing, is positioned in next-generation defense.

## Demand chain (leading)
- T1 Boeing (https://valuechain.wiki/boeing.md)
- T2 SES S.A. (https://valuechain.wiki/ses.md)
- T2 Viasat (https://valuechain.wiki/viasat.md)
- T3 Delta Air Lines (https://valuechain.wiki/delta-air-lines.md)
- T2 United Parcel Service, Inc. (https://valuechain.wiki/united-parcel-service.md)
- T3 Amazon (https://valuechain.wiki/amazon.md)
- T3 W. W. Grainger (https://valuechain.wiki/w-w-grainger.md)
- T3 Williams-Sonoma, Inc. (https://valuechain.wiki/williams-sonoma.md)
- T2 FedEx (https://valuechain.wiki/fedex.md)
- T3 AutoZone (https://valuechain.wiki/autozone.md)
- T2 United Airlines Holdings, Inc. (https://valuechain.wiki/united-airlines-holdings.md)
- T3 JPMorgan Chase (https://valuechain.wiki/jpmorgan-chase.md)

## Supply chain (benefiting)
- T1 Toray Industries (https://valuechain.wiki/toray-industries.md)

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Full node: https://valuechain.wiki/mitsubishi-heavy-industries.md · JSON: https://valuechain.wiki/mitsubishi-heavy-industries.json