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Mitsubishi Heavy Industries Acquires Stake in Infosys-Led HIPUS JV to Strengthen Procurement Innovation in Japan

By Kirti Srinivasan , 19 April 2025
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Mitsubishi Heavy Industries (MHI) has announced a strategic investment of JPY 150 million (approximately Rs. 8.9 crore) to acquire a 2% stake in HIPUS, a joint venture led by Infosys Singapore. This move aligns with MHI’s broader objective to enhance data-driven procurement capabilities across its global value chain. HIPUS—established in 2019 by Infosys Singapore, Hitachi, Panasonic, and Pasona—aims to deliver end-to-end procurement solutions powered by next-generation digital platforms for Japanese enterprises. The deal, expected to close in the first quarter of FY26, signals a deepening collaboration between Indian IT expertise and Japanese industrial innovation.

Strategic Investment to Bolster Procurement Digitalization

In a noteworthy development in the Indo-Japanese corporate ecosystem, Mitsubishi Heavy Industries (MHI), a global industrial conglomerate, has taken a calculated step to enhance its procurement and supply chain operations. The company has invested JPY 150 million, equivalent to approximately Rs. 8.9 crore, to secure a 2% stake in HIPUS—a digital procurement-focused joint venture led by Infosys Singapore.

The investment was disclosed through a regulatory filing, with the transaction expected to conclude in the first quarter of fiscal year 2025–26. The deal illustrates MHI’s growing interest in leveraging data-driven technologies to optimize procurement practices across its expansive portfolio of businesses.

Understanding HIPUS: A Collaborative Digital Procurement Ecosystem

HIPUS, founded in 2019, is a joint venture comprising Infosys Singapore, Hitachi, Panasonic, and Pasona. The venture was formed with the intent of revolutionizing procurement functions for Japanese corporations through the integration of digital technologies, analytics, and deep category expertise. It serves as a platform to streamline sourcing processes and introduce intelligent automation across supply chains.

Following the latest shareholding update post-MHI’s acquisition, Infosys Singapore will continue to hold a dominant 79% stake. Hitachi remains the second-largest shareholder with 15%, while both Panasonic and Pasona retain 2% stakes each. MHI’s new 2% acquisition will be divested from Infosys Singapore’s existing stake, without altering the JV’s control structure.

MHI’s Strategic Vision: Elevating Value Chain Through Analytics

Commenting on the development, Isao Miyake, Head of the Value Chain Headquarters at Mitsubishi Heavy Industries, emphasized the potential of HIPUS in transforming the organization’s procurement practices.

“As part of our company's continuous evolution toward data-driven procurement strategies, HIPUS’s analytical capabilities and operational support are poised to significantly enhance decision-making, efficiency, and long-term value creation across our global operations,” Miyake noted.

MHI's involvement is expected to bring additional industrial expertise to the HIPUS ecosystem, while benefiting from Infosys’s technology leadership and domain know-how in digital transformation, particularly in procurement and supply chain digitization.

Infosys Expands Strategic Collaborations in Asia-Pacific

The investment by MHI represents a broader endorsement of Infosys’s expanding footprint in the Asia-Pacific region, particularly in high-value digital solutions tailored for manufacturing and infrastructure sectors. This development reinforces Infosys’s strategy of co-creating value through regionally focused partnerships that blend local market understanding with global technology leadership.

HIPUS, as a next-generation procurement platform, embodies Infosys’s commitment to enabling large enterprises in Japan to navigate operational challenges and unlock efficiency gains. The platform combines intelligent sourcing, AI-powered analytics, and digital category management—capabilities that are increasingly vital amid evolving global trade dynamics and supply chain vulnerabilities.

Conclusion: Strengthening Cross-Border Tech-Industrial Synergy

Mitsubishi Heavy Industries’ acquisition of a stake in HIPUS underlines the rising importance of digital procurement platforms in today’s globalized manufacturing and industrial sectors. As the pressures on supply chains grow more complex, collaborations like these demonstrate how traditional industrial giants are partnering with technology leaders to future-proof their operations.

This strategic alliance not only affirms Infosys’s growing influence in Japan’s digital transformation journey but also positions HIPUS as a key player in redefining procurement for large enterprises. The transaction is emblematic of a broader shift toward integrated, intelligent value chain solutions—where industry and technology converge to drive sustainable growth.

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