Mitsubishi Heavy Industries Announces Large Order Intake, Revenue, and Profit Growth in First Three Quarters, Raises Full-Year Guidance

・ Order intake increased significantly in Energy Systems. Orders declined in Aircraft, Defense & Space due to high base effect from large bookings in previous fiscal year, but still reached high levels. ・ Revenue grew YoY in Energy Systems, Plants & Infrastructure Systems, and Aircraft, Defense & Space, with large gains in GTCC and Defense & Space. ・ Business profit increased YoY in Plants & Infrastructure Systems, Logistics, Thermal & Drive systems, and Aircraft, Defense & Space. Despite booking of one-time expenses in Steam Power and absence of gains on asset sales recognized in previous fiscal year, strong performance in GTCC, Metals Machinery, and Defense & Space drove large growth in business profit. ・ Increased full-year order intake, business profit, net income, EBITDA, and FCF guidance to reflect strong performance through Q3. Reiterated full-year dividend forecast of 24 yen per share.

Mitsubishi Heavy Industries Announces Large Order Intake, Revenue, and Profit Growth in First Three Quarters, Raises Full-Year Guidance
・ Order intake increased significantly in Energy Systems. Orders declined in Aircraft, Defense & Space due to high base effect from large bookings in previous fiscal year, but still reached high levels. ・ Revenue grew YoY in Energy Systems, Plants & Infrastructure Systems, and Aircraft, Defense & Space, with large gains in GTCC and Defense & Space. ・ Business profit increased YoY in Plants & Infrastructure Systems, Logistics, Thermal & Drive systems, and Aircraft, Defense & Space. Despite booking of one-time expenses in Steam Power and absence of gains on asset sales recognized in previous fiscal year, strong performance in GTCC, Metals Machinery, and Defense & Space drove large growth in business profit. ・ Increased full-year order intake, business profit, net income, EBITDA, and FCF guidance to reflect strong performance through Q3. Reiterated full-year dividend forecast of 24 yen per share.