Replay available

Mitsubishi Heavy Industries, Ltd. (MHVYF) Q3 2026 Earnings Call

Mitsubishi Heavy Industries, Ltd. (OTC: MHVYF) Q3 2026 earnings conference call, held 2026-02-04. Replay captured from the company's public earnings webcast.

Wed, February 4, 2026 at 8:00 AMendedReplay
Mitsubishi Heavy Industries, Ltd. (MHVYF) Q3 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.337 Thank you for joining us today. Allow me to walk through one through 00:00:05.337 -- 00:00:09.902 three of our 2025 financial results and the four-year earnings forecast. 00:00:09.902 -- 00:00:13.305 Please note that I will not read the materials word for word. 00:00:13.305 -- 00:00:17.330 I instead will focus upon some takeaways while providing some supplementary information 00:00:17.330 -- 00:00:22.235 to provide the overviews. First of all, with slide four, which shows the result in our 00:00:22.235 -- 00:00:23.797 KPI. 00:00:23.797 -- 00:00:26.379 Order intake was 5,029.1 00:00:26.379 -- 00:00:30.164 billion yen. This is an increase of 13% YOY 00:00:30.164 -- 00:00:36.048 and a record cumulative high through Q3. Looking at the individual 00:00:36.391 -- 00:00:41.436 segments, order intake increased significantly in energy systems, particularly in GTCC. 00:00:41.436 -- 00:00:46.061 Although not shown on slide 4, our order backlog exceeded 12 trillion yen, an increase 00:00:46.061 -- 00:00:50.066 of approximately 2 trillion yen from the end of the previous fiscal year. 00:00:50.066 -- 00:00:53.710 Revenue increased 9% to 3,329.2%. 00:00:53.710 -- 00:00:55.773 26.9 billion 00:00:55.773 -- 00:01:01.243 yen. Business profit increased 26% to 301.2 billion yen and was up YOY 00:01:01.243 -- 00:01:07.653 in all segments except energy, which booked some one-time expenses in Q2. 00:01:07.653 -- 00:01:10.678 Net income increased 23% 00:01:10.678 -- 00:01:12.818 to 210.9 00:01:13.383 -- 00:01:14.945 billion 00:01:14.945 -- 00:01:20.271 yen, which was also a record high through Q3. 00:01:20.761 -- 00:01:26.255 Top right side, free cash flow was positive 167.6 billion yen. 00:01:26.255 -- 00:01:31.590 Left bottom, the interest-bearing debt d...