Q1 2024 Mitsubishi Heavy Industries Ltd Earnings Presentation Transcript

Aug 04, 2023 / NTS GMT

Release Date Price: $5.14 (+9.96%)

Transcript

Hisato Kozawa

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

Good afternoon, everyone. Nice to meet you today. Let me start my presentation. The table of contents is shown on Slide 2.

Let me offer you key takeaways. Please refer to Page 4. This page shows the major KPI results.

Highlights are shown on Slide 5. For the first quarter, we progressed as per the plan in general. Order intake, revenue, profit, all of them exceeded the previous year's level, especially order intake grew significantly. Progress against the full year forecast is approximately 35%, which is quite high. This is due to the fact that we've received a large defense-related order at the beginning of the year.

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