Mitsubishi Heavy Industries, Ltd. (MHVYF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you very much for attending this meeting. On my side, I would like to explain about the second quarter results and the full year outlook and an update on this management policy that we have on May 28th. The order intake for the fiscal year 2025 Q2 increased year over year to 3.3 trillion yen. Order backlog was 11.5 trillion yen. This was because... North America market, the largest market in the world. Another reason was this result is that we were able to receive orders for a lot, very large company. Growth businesses such as energy systems and defense, the state growth in the plants and infrastructure business reaching 2.1 trillion. increased slightly year-over-year to 170 billion yen. Outlook for the fiscal year, 25 order intake is 6.1 trillion yen. We think we'll be able to recover the impact coming from Mitsubishi Logistics Index, which we made an announcement on September 30th. The major reason behind this is that we anticipate that the energy business is going to increase by 1 trillion yen compared to the initial guidance. The outlook for business profit is unchanged at 390 billion yen. Current business environment is unchanged. We think that robust order intake will continue mainly in growth businesses. As for business profit, our basic business capability is improving in core businesses such as CCCC and defense. This is the outcome of productivity improvement initiatives that we are conducting. Moving forward, To link this robust order intake to profit, more than ever, we will deploy resources in a focused manner such as addressing risk and accelerate initiatives for group-wide optimization. Next, I will explain about a new management policy that we announced this May. Our management objective is to realize a virtuous cycle of high profitability and gr...