Mitsubishi Corp Ord (MSBHF) Q4 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.856 I am Naka Nishi, the President's CEO. 00:00:03.856 -- 00:00:07.541 Thank you very much for attending our FY2025 00:00:07.541 -- 00:00:12.225 earnings briefing today, despite your busy schedules. 00:00:13.269 -- 00:00:14.691 First, 00:00:14.691 -- 00:00:20.196 I would like to go over the highlights of our financial results. 00:00:23.200 -- 00:00:27.965 Please refer in terms of the financial results. 00:00:27.965 -- 00:00:31.790 The underlying operating cash flow was 1.0481 00:00:31.790 -- 00:00:37.897 trillion yen, and consolidated net income was 800.5 billion yen. 00:00:37.897 -- 00:00:43.103 Through our initiatives to enhance and reshape across each business, we have steadily 00:00:43.103 -- 00:00:48.489 accumulated profits, coupled with the impact of a market upswing 00:00:48.489 -- 00:00:53.885 toward the end of the fiscal year. Those figures significantly exceeded 00:00:53.885 -- 00:00:57.728 our full-year forecasts. 00:00:59.454 -- 00:01:03.858 Moving on to the FY2026 forecast, 00:01:05.844 -- 00:01:08.425 as explained recently, 00:01:08.425 -- 00:01:13.772 Driven by the growth of our normalized profit, including 00:01:13.772 -- 00:01:16.415 the start of earnings contribution from our U.S. 00:01:16.415 -- 00:01:21.962 shale gas business, as well as sizable asset and business recycling-related gains, 00:01:21.962 -- 00:01:27.189 we forecast an underlying operating cash flow of 1.25 00:01:27.189 -- 00:01:33.695 trillion yen and a consolidated net income of 1.1 trillion yen. 00:01:33.805 -- 00:01:38.810 Given the increasing predictability of our higher profit levels, we 00:01:38.810 -- 00:01:42.573 will maintain our progressive dividend policy 00:01:42.573 -- 00:01:49.097 and increase the dividend by 15 yen compared to FY2025, 00...