#MitsubishiHeavyIndustries

Mitsubishi Heavy Industries will transfer its wind power generation-related business to its newly established subsidiary M-Wind Co., Ltd. by a simplified absorption-type company split effective April 1, 2026, and concluded a stock transfer agreement with Electric Power Development Co., Ltd. The subject business posted sales of 3 billion yen in the immediately preceding fiscal year.

For the nine months ended March 2026, consolidated revenue was JPY 3,326,976 million (up 9.2% YoY), operating income was JPY 301,271 million (up 25.5% YoY), and net income attributable to owners of parent for the quarter was JPY 210,996 million (up 22.6% YoY).

Order intake reached 5,029.1 billion yen (13% YoY increase), revenue was 3,326.9 billion yen (9% YoY increase), operating income was 301.2 billion yen (26% YoY increase), and net income attributable to owners of parent was 210.9 billion yen (23% YoY increase), achieving both higher revenue and profits.

Director candidates for the Annual General Meeting of Shareholders scheduled for June 26, 2026, have been determined. Four internal directors are to be reappointed, one director with Audit and Supervisory Committee membership newly appointed, and three outside directors reappointed. Executive officer personnel changes dated March 31 and April 1 have also been implemented.

LVJ Holdings 2 LLC will conduct a tender offer for shares of Mitsubishi Logisnext from January 21 to February 18, 2026. Mitsubishi Heavy Industries will not participate in the tender offer and plans to sell its held shares through treasury stock acquisition followed by reinvestment after the sale.

Announcement of postponement of the commencement of the tender offer by LVJ Holdings 2 Limited Liability Company for ordinary shares and stock acquisition rights of Mitsubishi Logisnext Co., Ltd. to January 2026.