Japan · Delayed Price · Currency is JPY Mitsubishi Heavy Industries Earnings Call Transcripts
Fiscal Year 2026
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Order intake and revenue reached record highs through Q3, with strong growth in Energy Systems and significant contributions from large contracts. Full-year forecasts for order intake, business profit, and net income were raised, despite one-time expenses in Steam Power and HVAC market weakness.
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Order intake and backlog reached record highs, with net income up 7% year-over-year. Energy and infrastructure segments outperformed, while logistics and thermal faced headwinds. One-off costs impacted steam power, but full-year guidance remains robust.
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Q1 FY 2025 delivered record revenue, business profit, and net income, with strong order intake and backlog growth. Segment performance was robust across energy, infrastructure, and aviation, while U.S. tariffs had minimal impact on results.
Fiscal Year 2025
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Strong Q3 performance led to record order intake, revenue, and profit for Q1-Q3 FY 2024, prompting upward revisions to full-year forecasts. Segment growth was broad-based, with notable gains in Energy Systems and Plants & Infrastructure, while technical and supply chain challenges were addressed.
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Order intake, revenue, and profit reached record highs in the first half of FY 2024, with business profit up 87% year-on-year. Full-year guidance was raised amid strong demand in energy, defense, and metals, though FX and market uncertainties remain.
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Order intake, revenue, and profit all reached record first-quarter highs, with business profit up 61% year-over-year. Segment performance was strong overall, and the outlook remains unchanged, with financials tracking well against full-year targets.