Mitsubishi Heavy Industries, Ltd.
Stock Price Chart
2026/06/11 UpdatedPrice Trend
2026/06/11 UpdatedPrice & Trading Details
2026/06/11 UpdatedPRICE
TRADING
Analyst Recommendations 15 analysts
Updated 2026/06/05Earnings Calendar
Updated 2026/06/05Recent Earnings
| Date | EPS Est. | EPS Actual | Surprise |
|---|---|---|---|
| 2026/05/12 | ¥26.13 | ¥36.05 | +38.0% |
| 2026/02/03 | ¥20.64 | ¥28.60 | +38.6% |
| 2025/11/06 | ¥16.86 | ¥13.89 | -17.6% |
| 2025/08/05 | ¥18.75 | ¥20.32 | +8.4% |
Shareholder Composition
Updated 2026/06/05Dividend History
Updated 2026/06/04| Year | Dividend | Change |
|---|---|---|
| 2026 | ¥13 | -45.8% |
| 2025 | ¥24 | +4.3% |
| 2024 | ¥23 | +53.3% |
| 2023 | ¥15 | +30.4% |
| 2022 | ¥12 | - |
Financial Performance
2026/06/04 UpdatedRevenue & Profit
Margins
Cash Flow
Financial Health
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Income Statement | ||||
| Revenue | ¥3,860,283M | ¥4,202,797M | ¥4,657,147M | ¥5,027,176M |
| Gross Profit | ¥655,911M | ¥765,017M | ¥930,112M | ¥1,031,241M |
| Operating Income | ¥143,379M | ¥179,822M | ¥280,392M | ¥385,952M |
| Pretax Income | ¥192,147M | ¥222,307M | ¥332,485M | ¥396,844M |
| Net Income | ¥113,541M | ¥130,451M | ¥222,023M | ¥245,447M |
| EPS | ¥33.80 | ¥38.83 | ¥66.04 | - |
| Operating Margin | 3.71% | 4.28% | 6.02% | 7.68% |
| Balance Sheet | ||||
| Total Assets | ¥5,116,340M | ¥5,474,812M | ¥6,256,259M | ¥6,658,924M |
| Total Equity | ¥1,576,611M | ¥1,740,974M | ¥2,244,620M | ¥2,346,702M |
| Total Liabilities | ¥3,539,729M | ¥3,733,838M | ¥4,011,639M | ¥4,312,222M |
| Cash | ¥314,257M | ¥347,663M | ¥431,287M | ¥657,816M |
| Interest-bearing Debt | ¥1,078,273M | ¥1,192,434M | ¥1,142,964M | ¥1,131,274M |
| Equity Ratio | 30.82% | 31.80% | 35.88% | 35.24% |
| D/E Ratio | 0.68 | 0.68 | 0.51 | 0.48 |
| Cash Flow | ||||
| Operating CF | ¥285,563M | ¥80,888M | ¥331,186M | ¥530,459M |
| Investing CF | ¥16,306M | -¥45,575M | -¥131,048M | -¥187,714M |
| Financing CF | -¥255,774M | -¥18,902M | -¥158,903M | -¥114,123M |
| Free CF | ¥156,307M | -¥51,017M | ¥170,700M | ¥289,767M |
| Efficiency | ||||
| ROE | 7.20% | 7.49% | 9.89% | 10.46% |
| ROA | 2.22% | 2.38% | 3.55% | 3.69% |
Latest IR Information
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【Mitsubishi Heavy Industries】FY2026 Financial Results|Sales of ¥4.9741 trillion, Net Income of ¥332.1 billion
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...
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【Mitsubishi Heavy Industries】2026 Dividend Forecast and Dividend Policy|May 2026
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...
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FY2025 Financial Results Explanation Materials
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...
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Notice Regarding Capital Increase in Subsidiary and Change of Specified Subsidiary
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...
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(Disclosure of Progress) Notice Regarding Changes in Specified Subsidiary
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...
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Latest News (5 items)
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Average Analyst Rating: buy
Average Target Price: ¥5,367
Rating Score: 1.69 (Based on 15 analysts)
※1=Strong Buy, 5=Strong Sell
Japan’s defence and turbine titan scrambles to keep up with $82bn order backlog - Financial Times ↗
Company Information
About
Mitsubishi Heavy Industries, Ltd. manufactures and sells heavy machinery worldwide. It operates through four segments: Energy Systems; Plants & Infrastructure Systems; Logistics, Thermal & Drive Systems; and Aircraft, Defense & Space segments. The company offers thermal, renewable energy, nuclear power generation, engine power plants, and oil and gas production plants, as well as distributed power for total energy solutions and fuel cells; civil aircrafts and aeroengines, aviation equipment, and maintenance, repair, and overhaul of aircrafts; and MHI launch services, rocket engines, human spaceflight and exploration related equipment, rocket launch facility, rocket engine combustion test facility, and satellite/components. It also provides cruise ships and ferries, LNG and LPG carrier, commercial and special purpose ships, marine machinery, marine boiler, marine turbine, marine solution, marine high speed engines, and marine structures, as well as engineering business; transportation and intelligent transport systems; logistics and material handling machinery; and environment products. In addition, the company offers rubber and tire machinery, turbochargers, car air-conditioning and refrigeration systems, testing equipment, and engine; printing machinery, paper converting machinery, metals machinery, compressors and mechanical turbines, hydraulic components, particle accelerator, pumps, air-conditioning and refrigeration systems, carrier systems, special systems, food and packaging machinery, and testing equipment; and control systems, gas holder, vibration control systems, water pipes, tunnel excavation machinery, and data center. Further, it provides living and leisure; defense products comprising special vehicles, naval ship and maritime systems, defense aircraft, helicopter, defense aeroengine, guided weapon systems, and cybersecurity; and engineering products. The company was founded in 1884 and is headquartered in Chiyoda, Japan.