The president of Mitsubishi Heavy Industries Ltd. said the company will maintain its stance that wartime compensation issues related to Korean workers forcibly conscripted as laborers have already been settled.

"We will continue to maintain our claim is right," even if South Korea's Supreme Court upholds lower court rulings ordering compensation, President Shunichi Miyanaga said in a recent interview.

Mitsubishi Heavy has appealed the rulings handed down by the Busan High Court in July and the Gwangju District Court in November, which demanded that it pay damages to people who were forced to work for Japan during its colonial rule of the Korean Peninsula.