Q1 2023 Mitsubishi Heavy Industries Ltd Earnings Presentation Transcript

Aug 05, 2022 / NTS GMT
Presentation
Aug 05, 2022 / NTS GMT

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Corporate Participants
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* Hisato Kozawa
Mitsubishi Heavy Industries, Ltd. - Executive VP, CFO, Senior GM of Financial Management Division & Representative Director

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Hisato Kozawa - Mitsubishi Heavy Industries, Ltd. - Executive VP, CFO, Senior GM of Financial Management Division & Representative Director

So now let me go over the document. And the next page is showing the table of contents. First, let me go over the highlights for the financial results.

Please turn to Slide 4. This is showing major financial results. And we also have the summary of such information on Slide 5. Let me touch on the key points. The order intake and revenue increased year-on-year. In particular, the growth of order intake was quite huge, and we are making about 25% progress compared to the annual forecast, which is quite high level considering the past years.

Business profit actually declined year-on-year due to the downsizing expenses, which I will touch

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