Masafumi Ando
President & CEO
Replay available
Mitsubishi Heavy Industries, Ltd. (MHVYF) Q3 2025 Earnings Call
Mitsubishi Heavy Industries, Ltd. (OTC: MHVYF) Q3 2025 earnings conference call, held 2025-02-04. Replay captured from the company's public earnings webcast.
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Hiroshi Yokota
Executive Vice President & CFO
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Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:01.974 Hello. 00:00:01.974 -- 00:00:05.440 Allow me to provide an overview of our Q123-FI2024 00:00:05.440 -- 00:00:09.005 financial results using these presentation materials. 00:00:09.005 -- 00:00:12.811 Since the materials have been released in advance, I will omit a detailed explanation 00:00:12.811 -- 00:00:18.036 and focus on the key takeaways while providing some additional details. 00:00:20.403 -- 00:00:25.669 The materials are organized according to the table of contents on slide 2. 00:00:25.748 -- 00:00:29.072 First, I would like to provide an overview of the financial results. 00:00:29.072 -- 00:00:32.757 Please refer to slide four and slide five. 00:00:32.757 -- 00:00:36.141 This slide shows the results in several key financial indicators and highlights of the 00:00:36.141 -- 00:00:38.141 results. 00:00:39.085 -- 00:00:43.190 Overall performance during Q3 was strong, which continued the trend from Q2. 00:00:43.190 -- 00:00:44.852 Order 00:00:44.852 -- 00:00:46.852 intake 00:00:47.535 -- 00:00:54.002 from last year. from FY2022 and FY2023 has increased significantly. 00:00:54.002 -- 00:00:57.384 This year exceeded even those high levels. 00:00:57.488 -- 00:01:02.576 So the increase of the order intake last year was in defense, which 00:01:02.576 -- 00:01:05.241 was the main driver of order growth in FY2023. 00:01:05.241 -- 00:01:09.889 Order intake in GTCC, aero engines, and metal machinery increased significantly while 00:01:09.889 -- 00:01:14.564 defense decreased. As we expect to book even more orders from now through the end of 00:01:14.564 -- 00:01:20.031 the fiscal year, we have raised our full-year forecast from 6 trillion yen to 6.4 trillion 00:01:20.031 -- 00:01:22.031 yen. 00:01:23.455 -- 00:01:28.202 Revenue increase...