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In 1870 Yataro Iwasaki, the founder of Mitsubishi took a lease of the Government-owned Nagasaki Shipyard. He named it the Nagasaki Shipyard & Machinery Works, and started a shipbuilding business on a grand scale. This shipbuilding business evolved into Mitsubishi Shipbuilding Co., Ltd., which became Mitsubishi Heavy Industries, Ltd. in 1934. It was the largest private firm in Japan, manufacturing ships, heavy machinery, airplanes, and railroad cars. (Source: Wikipedia). In 1933 Mitsubishi Heavy Industries was contracted to produce a prototype of the Type 95 Ha-Go light tank, which it completed during June 1934. After extensive testing construction of a second prototype began in June 1935 and was completed in November of that year. Full scale production took place from 1935 to 1943.
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