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70112027 Q1PrimeIFRS

Mitsubishi Heavy Industries (7011) FY2027 Q1 Earnings Report

For FY2027 Q1, revenue came to ¥1.19T (+15.5% year on year) and operating income ¥159.6B (+65.1%). The segment drivers and cash flow follow.

Machinery


Financial Highlights

  • Net Sales: ¥1.19T
  • Operating Income: ¥159.65B
  • Net Income: ¥138.14B
  • EPS: ¥40.08

Income Statement

ItemCurrentPriorYoY %
Net Sales¥1.19T¥1.03T+15.5%
Cost of Sales¥914.51B¥806.94B+13.3%
Gross Profit¥279.70B¥227.17B+23.1%
SG&A Expenses¥152.80B¥144.46B+5.8%
Operating Income¥159.65B¥96.69B+65.1%
Equity Method Investment Income¥9.09B¥3.43B+165.0%
Profit Before Tax¥176.43B¥88.66B+99.0%
Income Tax Expense¥44.86B¥21.75B+106.3%
Net Income¥138.14B¥71.42B+93.4%
Net Income Attributable to Owners¥134.68B¥68.23B+97.4%
Total Comprehensive Income¥131.92B¥70.71B+86.6%
Basic EPS¥40.08¥20.32+97.2%
Diluted EPS¥40.07¥20.31+97.3%

Balance Sheet

ItemCurrent EndPrior EndChange
Current Assets¥5.27T¥5.44T−¥170.03B
Accounts Receivable¥828.02B¥1.11T−¥280.54B
Inventories¥1.15T¥1.04T+¥112.98B
Non-current Assets¥2.88T¥2.83T+¥51.66B
Property, Plant & Equipment¥798.61B¥794.47B+¥4.14B
Intangible Assets¥77.41B¥77.47B−¥65M
Goodwill¥107.16B¥106.39B+¥765M
Total Assets¥8.15T¥8.27T−¥118.38B
Accounts Payable¥913.47B¥1.00T−¥87.40B
Non-current Liabilities¥716.40B¥780.10B−¥63.70B
Total Liabilities¥4.91T¥5.04T−¥129.55B
Total Equity¥3.24T¥3.23T+¥11.18B
Capital Stock¥265.61B¥265.61B¥0
Capital Surplus¥47.10B¥48.27B−¥1.17B
Retained Earnings¥1.97T¥1.88T+¥90.88B
Treasury Stock−¥12.42B−¥12.91B+¥492M
Shareholders' Equity¥3.17T¥3.09T+¥82.67B
Equity Ratio38.9%37.3%+1.6%

Cash Flow Statement

ItemCurrentPriorChange
Operating Cash Flow¥284.60B¥89.66B+¥194.94B
Investing Cash Flow¥106.91B−¥25.31B+¥132.22B
Financing Cash Flow−¥82.15B−¥47.89B−¥34.27B
Cash and Cash Equivalents¥1.68T¥1.33T+¥349.21B
Free Cash Flow¥391.51B--

Profitability Ratios

ItemValue
Net Profit Margin11.3%
Gross Profit Margin23.4%
Debt-to-Equity Ratio1.52x
Effective Tax Rate25.4%

Year-over-Year Comparison

ItemYoY Change
Net Sales YoY Change+15.5%
Operating Income YoY Change+65.1%
Profit Before Tax YoY Change+99.0%
Net Income YoY Change+93.4%
Net Income Attributable to Owners YoY Change+97.4%
Total Comprehensive Income YoY Change+86.6%

Share Information

ItemValue
Shares Outstanding (incl. Treasury)3.37B shares
Treasury Stock12.99M shares
Average Shares Outstanding3.36B shares
Book Value Per Share¥963.97

Segment Information

SegmentRevenueOperating Income
AircraftDefenseAndSpace¥285.97B¥32.43B
EnergySystems¥535.15B¥101.40B
IndustrialSolution¥175.98B¥9.95B
PlantsAndInfrastructureSystems¥192.03B¥21.72B

※ セグメント利益の測定基礎: business

Full Year Forecast

ItemForecast
Net Sales Forecast¥5.40T
Net Income Attributable to Owners Forecast¥380.00B
Basic EPS Forecast¥113.09
Dividend Per Share Forecast¥29.00