#MitsubishiHeavyIndustries

For the first quarter of the fiscal year ending March 2027, consolidated net sales were 1,194,203 million yen (YoY +15.5%), operating profit was 159,645 million yen (YoY +65.1%), ordinary income before tax for the quarter was 176,426 million yen, and net income attributable to owners of the parent was 134,680 million yen. The full-year forecast was not revised. On a...

disclose the results for FY2026 Q1. Orders were 20,224 hundred million yen, net sales were 11,942 hundred million yen, EBITDA was 1,903 hundred million yen, operating profit was 1,596 hundred million yen. Includes details on YoY changes and segment contributions.

Mitsubishi Heavy Industries achieved sales of ¥4.9741 trillion and net income attributable to owners of the parent of ¥332.1 billion for the fiscal year ending March 2026, demonstrating year-over-year growth. Segments such as Energy, Aerospace, Defense, and Space showed strong performance.

Mitsubishi Heavy Industries has decided to increase the year-end dividend for the fiscal year ending March 2026 to 13 yen per share, with the total annual dividend amounting to 25 yen. The dividend payout ratio and the source of dividends are based on retained earnings, aiming for stable dividends.

Order backlog for FY2025 was JPY 7.6536 trillion (up 20% YoY), revenue was JPY 4.9741 trillion (up 14% YoY), operating income was JPY 432.2 billion (up 22% YoY), and net income attributable to owners of the parent was JPY 332.1 billion (up 35% YoY).

Mitsubishi Heavy Industries conducted a capital increase of 2,000 million INR (approximately 3.3 billion JPY) in its subsidiary Mitsubishi Power India Private Limited on August 22, 2025, and subsequently determined it qualifies as a specified subsidiary, resulting in a delayed disclosure.

Mitsubishi Heavy Industries, Ltd. announced that the liquidation of its wholly owned specified subsidiary MHI Holding Denmark ApS was completed on March 10, 2026, and that approximately 25 billion yen of special gains are expected to be recorded in the individual financial statements for the fiscal year ending March 2026.

The tender offer by LVJ Holdings 2 LLC for shares of Mitsubishi Logisnext ended on February 18, 2026, and was successful due to applications exceeding the lower limit of the planned purchase volume.

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.