Mitsubishi Heavy Industries Achieves Highest-Ever Order Intake, Revenue, Net Income, and Free Cash Flow in FY2024, Increases Dividends, and Releases FY2025 Guidance

・ Order intake grew YoY in all segments, with largest gains in GTCC in Energy Systems and Metals Machinery in Plants & Infrastructure Systems. ・ Revenue increased YoY in Energy Systems, Plants & Infrastructure Systems, and Aircraft, Defense & Space, with largest contributions from Defense & Space. ・ Business profit rose YoY in Energy Systems, Plants & Infrastructure Systems, and Aircraft, Defense & Space due to higher revenue, improved margins, positive impact from yen depreciation, as well as gains on fixed asset sales. ・ Net income increased YoY due to strong business profit results. ・ Free cash flow grew YoY due to large advances received accompanying new project orders. ・ Announced a ¥3/share YoY increase in full-year dividends to ¥23/share. ・ Issued FY2025 guidance aiming for ¥5.4 trillion in revenue, ¥420 billion in business profit, and ¥24/share in full-year dividends.

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May 14, 2025 - 11:35
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Mitsubishi Heavy Industries Achieves Highest-Ever Order Intake, Revenue, Net Income, and Free Cash Flow in FY2024, Increases Dividends, and Releases FY2025 Guidance
・ Order intake grew YoY in all segments, with largest gains in GTCC in Energy Systems and Metals Machinery in Plants & Infrastructure Systems. ・ Revenue increased YoY in Energy Systems, Plants & Infrastructure Systems, and Aircraft, Defense & Space, with largest contributions from Defense & Space. ・ Business profit rose YoY in Energy Systems, Plants & Infrastructure Systems, and Aircraft, Defense & Space due to higher revenue, improved margins, positive impact from yen depreciation, as well as gains on fixed asset sales. ・ Net income increased YoY due to strong business profit results. ・ Free cash flow grew YoY due to large advances received accompanying new project orders. ・ Announced a ¥3/share YoY increase in full-year dividends to ¥23/share. ・ Issued FY2025 guidance aiming for ¥5.4 trillion in revenue, ¥420 billion in business profit, and ¥24/share in full-year dividends.
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