Mitsubishi Corp Ord (MSBHF) Q1 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Mitsubishi Corporation.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:01.870 -- 00:00:05.115 I'm Nochi, CFO of Omitsu Bishi Corporation. 00:00:05.115 -- 00:00:10.384 Thank you very much for joining our FY2025 Q1 earnings presentation, despite 00:00:10.384 -- 00:00:12.945 your very busy schedule. 00:00:13.009 -- 00:00:18.695 First, I will provide an overview of FY2025 Q1 earnings. 00:00:20.721 -- 00:00:27.449 Please find page number 3 at the bottom right corner of the earnings presentation material. 00:00:28.887 -- 00:00:33.172 Underlying operating cash flow for FY25Q1 00:00:33.172 -- 00:00:38.477 was 250.4 billion yen, and consolidated net income was 203.1 00:00:38.477 -- 00:00:41.418 billion yen. 00:00:41.781 -- 00:00:47.925 Underlying operating cash flow progressed 28% against the 4-year guidance. 00:00:49.049 -- 00:00:54.415 While there are variations across segments due to the timing of dividend income, 00:00:54.415 -- 00:00:59.238 progress was largely in line with 4-year guidance. 00:01:00.713 -- 00:01:05.138 Consolidated net income showed 29% progress 00:01:05.138 -- 00:01:07.661 against the four-year guidance. 00:01:07.661 -- 00:01:12.907 Slightly higher progress was driven by capital recycling gains and one-time items across 00:01:12.907 -- 00:01:15.728 multiple business units. 00:01:19.615 -- 00:01:24.841 However, similar to the underlying operating cash flow, progress was largely in line 00:01:24.841 -- 00:01:29.104 with four-year guidance of 700 billion yen. 00:01:30.346 -- 00:01:35.350 Next, I would like to explain the key progress made in Enhance, Reshape and 00:01:35.350 -- 00:01:40.715 Create, which is a value creation mechanism we outlined in our Corporate Strategy 00:01:40.715 -- 00:01:42.715 2027. 00:01:45.939 -- 00:01:49.402 Thus, regarding our efforts to enhance, 00:01:49.402 -- 00:01:55.746 the LNG Can...