Eisaku Ito
President and CEO, Mitsubishi Heavy Industries
Replay available
Mitsubishi Heavy Industries, Ltd. (MHVYF) Q4 2026 Earnings Call
Mitsubishi Heavy Industries, Ltd. (OTC: MHVYF) Q4 2026 earnings conference call, held 2026-05-12. Replay captured from the company's public earnings webcast.
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WEBVTT 00:00:00.385 -- 00:00:05.818 Hello everyone. This is Eisaku Ito, President and CEO of Mitsubishi Heavy Industries. 00:00:05.818 -- 00:00:09.728 Thank you very much for taking time out of your busy schedules to join us today. 00:00:09.728 -- 00:00:15.201 Allow me to make a few brief comments on my assessment of our FY 2025 financial 00:00:15.201 -- 00:00:19.387 results as well as on our strategy for FY 2026. 00:00:19.387 -- 00:00:24.535 Order intake in FY 2025 rose 20% year on year reaching 7.7 00:00:24.535 -- 00:00:29.863 trillion yen. This growth was mainly driven by strong orders for GTCC 00:00:29.863 -- 00:00:34.770 in North America and Asia. Orders for large frame gas turbines increased significantly 00:00:34.770 -- 00:00:39.397 from 25 units last year to 35 units in FY 2025. 00:00:39.397 -- 00:00:44.725 Revenue was around 5 trillion yen supported by steady growth in GTCC nuclear 00:00:44.725 -- 00:00:49.493 power and defense. business profit increased year on year in all segments to a total 00:00:49.493 -- 00:00:51.737 of 432.2 billion 00:00:51.737 -- 00:00:56.585 yen based on these results i have the utmost confidence in our ability to achieve our 00:00:56.585 -- 00:01:02.154 2024 medium-term business plan targets while realizing even greater growth going forward 00:01:02.154 -- 00:01:07.183 turning now to our operating environment demand for data centers is rising due to advances 00:01:07.183 -- 00:01:11.831 in ai technology which in turn is driving increased electricity demand Additionally, 00:01:11.831 -- 00:01:16.338 carbon neutrality-related policies around the world are moving in a more practical achievable 00:01:16.338 -- 00:01:21.467 direction. Contrastingly, geopolitical risks, particularly in the Middle East, have emerged, 00:01:21.467 -- 00:01...