Mitsubishi Corp Ord (MSBHF) Q3 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 00:00:00.031 -- 00:00:04.536 I'm Nauchi, the CFO. Thank you very much for taking the time out of your busy schedules 00:00:04.536 -- 00:00:09.959 to attend our fiscal 25 third quarter earnings briefing today. 00:00:11.462 -- 00:00:16.988 First, I'll walk you through an overview of our fiscal 25 third quarter results, 00:00:16.988 -- 00:00:21.370 as well as key updates under corporate strategy 2027. 00:00:24.035 -- 00:00:29.178 Please turn to page three of the earnings presentation. 00:00:30.794 -- 00:00:33.758 First, let me begin with our financial results. 00:00:33.758 -- 00:00:35.901 In fiscal 25 Q3, 00:00:35.901 -- 00:00:39.483 underlying operating cash flow was 763.3 00:00:39.966 -- 00:00:44.172 billion yen and consolidated net income was 607.9 00:00:44.172 -- 00:00:45.994 billion. 00:00:45.994 -- 00:00:51.581 Supported by improved market conditions, enhanced profitability and revenue growth across 00:00:51.581 -- 00:00:57.209 multiple businesses, performance remained stronger than we had initially anticipated. 00:00:57.209 -- 00:01:02.181 Regarding the full year forecast, we have reflected changes in the business environment 00:01:02.181 -- 00:01:06.787 since the second quarter earnings announcement, as well as updated second-level risk 00:01:06.787 -- 00:01:08.787 assessments. 00:01:10.312 -- 00:01:15.739 Accordingly, we have revised our forecast for underlying operating cash flow upward 00:01:15.739 -- 00:01:21.266 by 20 billion yen to 920 billion, while maintaining consolidated net income 00:01:21.266 -- 00:01:24.608 at 700 billion yen. 00:01:24.912 -- 00:01:28.477 Progress against the revised forecast 00:01:28.477 -- 00:01:33.723 are at high levels with 83% for underlying operating cash flow and 87% 00:01:33.723 -- 00:01:36.945 for consolidated net in...