Replay available
Mitsubishi Heavy Industries, Ltd. (MHVYF) Q1 2026 Earnings Call
Mitsubishi Heavy Industries, Ltd. (OTC: MHVYF) Q1 2026 earnings conference call, held 2025-08-05. Replay captured from the company's public earnings webcast.
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Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:03.676 Hello, everyone. I am Nishio. I am the CFO. 00:00:03.676 -- 00:00:05.678 Thank you so much for participating today. 00:00:05.678 -- 00:00:08.282 So today 00:00:08.282 -- 00:00:13.569 I will speak about our Q1 FI 2025 financial results and the FI 2025 earnings 00:00:13.569 -- 00:00:17.093 forecast, followed by some supplemental information about U.S. 00:00:17.093 -- 00:00:18.515 tariffs. 00:00:18.515 -- 00:00:23.261 The materials have been released in advance of today's briefing, so I will omit an explanation 00:00:23.261 -- 00:00:27.607 of each slide while focusing on the main points and supplemental information. 00:00:27.607 -- 00:00:33.434 First, look at slide four. I'd like to provide an overview of our financial results. 00:00:33.434 -- 00:00:38.060 Please refer to the slide which outlines our financial results in terms of our main KPIs. 00:00:38.060 -- 00:00:42.083 Order intake was ¥1,768.6 billion, 00:00:42.106 -- 00:00:47.332 with orders increasing in energy systems and plants and infrastructure systems. 00:00:47.332 -- 00:00:51.718 Overall volume decreased slightly due to a decline in defense and space, which booked 00:00:51.718 -- 00:00:54.902 several large orders in Q1 FY2024, 00:00:54.902 -- 00:01:00.149 but continued to maintain a high level. Although not shown on slide 4, 00:01:00.149 -- 00:01:03.073 order backlog was 10,772,900,000 00:01:03.073 -- 00:01:04.955 yen, 00:01:04.955 -- 00:01:10.923 an increase of about 500 billion yen from the end of FY2024. 00:01:10.923 -- 00:01:14.105 Revenue increased by 7% to 1,193.6 00:01:15.028 -- 00:01:20.496 billion yen. This was a record high for our first quarter. 00:01:20.496 -- 00:01:24.625 Business profit reached the 100 billion yen mark. 00:01:24.625 -- 00:01:29.658 This was ...