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Mitsubishi Heavy Industries Reports Strong FY2024 Results

Mitsubishi Heavy Industries ( (MHVYF) ) has released its Q4 earnings. Here is a breakdown of the information Mitsubishi Heavy Industries presented to its investors.

Mitsubishi Heavy Industries, Ltd. is a diversified Japanese multinational company engaged in engineering, electrical equipment, and electronics, primarily operating in the heavy machinery industry. The company is known for its wide range of products, including energy systems, aircraft, defense equipment, and space systems.

In its latest earnings report for the fiscal year ending March 31, 2025, Mitsubishi Heavy Industries reported a revenue increase of 7.9% year-on-year, reaching ¥5,027.1 billion. The company also saw a notable rise in profit from business activities, which grew by 35.6% to ¥383.2 billion, indicating strong operational performance across its segments.

Key financial highlights include a 10.6% increase in profit attributable to owners of the parent, amounting to ¥245.4 billion. The company’s total comprehensive income, however, experienced a significant decline of 65.5% year-on-year. Additionally, Mitsubishi Heavy Industries executed a ten-for-one stock split, impacting its earnings per share calculations, which stood at ¥73.04 for basic earnings.

Looking ahead, Mitsubishi Heavy Industries forecasts continued growth with expected revenue of ¥5.4 trillion for the fiscal year ending March 31, 2026. The company anticipates further increases in profit from business activities and profit before income taxes, reflecting a positive outlook despite potential economic uncertainties.

Overall, Mitsubishi Heavy Industries remains optimistic about its future performance, driven by its strategic initiatives and robust demand across its diverse business segments, while acknowledging the challenges posed by global economic conditions.

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