Mitsubishi Heavy Industries
¥3,813.00Change from previous close: −0.75%Absolute change: −¥29.00
At a glance
- Revenue growth
- −1.05%
- FY to Mar 2026 vs FY to Mar 2025
- Net income growth
- +35.32%
- FY to Mar 2026 vs FY to Mar 2025
- Net margin
- 6.7%
- FY to Mar 2025: 4.9%
Financial data
Amounts in millions of JPY; per-share values in JPY; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 1,194,203 | 1,647,192 | 1,213,259 | — | 1,193,652 | 1,479,418 | 1,249,645 | 1,186,558 | 1,111,555 | 1,396,480 | 1,191,394 | 1,085,292 |
| Cost of revenue | 914,506 | 1,285,286 | 937,920 | — | 927,457 | 1,203,400 | 991,358 | 930,152 | 871,025 | 1,111,603 | 940,216 | 884,072 |
| Gross profit | 279,697 | 361,906 | 275,339 | — | 266,195 | 276,018 | 258,287 | 256,406 | 240,530 | 284,877 | 251,178 | 201,220 |
| Selling, general and administrative | 152,799 | 82,207 | 153,802 | — | 176,295 | 60,697 | 172,971 | 172,116 | 175,088 | 69,284 | 166,058 | 155,485 |
| Research and development | — | 80,166 | — | — | — | 99,280 | — | — | — | 120,888 | — | — |
| Operating income | 126,898 | 191,494 | 121,537 | — | 89,900 | 95,926 | 85,316 | 100,148 | 76,813 | 71,460 | 91,660 | 47,454 |
| EBIT | 126,898 | 191,494 | 121,537 | — | 89,900 | 95,926 | 85,316 | 100,148 | 76,813 | 71,460 | 91,660 | 47,454 |
| EBITDA | 154,421 | 262,474 | 168,370 | — | 129,219 | 138,449 | 125,562 | 139,405 | 115,430 | 122,002 | 128,901 | 82,292 |
| Interest expense | 3,695 | 27,203 | 3,645 | — | 13,254 | 15,159 | — | 37,934 | 5,418 | 18,222 | 19,578 | 2,234 |
| Pre-tax income | 176,425 | 145,432 | 155,542 | — | 94,962 | 99,641 | 106,611 | 66,973 | 101,304 | 107,590 | 73,883 | 58,012 |
| Income tax | 44,863 | 16,779 | 51,861 | — | 23,537 | 23,228 | 36,908 | 18,538 | 33,859 | 20,168 | 22,299 | 12,027 |
| Net income | 134,680 | 121,133 | 96,084 | — | 68,227 | 73,337 | 64,990 | 44,834 | 62,286 | 83,973 | 46,106 | 38,756 |
| Net income to common shareholders | 134,680 | 121,133 | 96,084 | — | 68,227 | 73,337 | 64,990 | 44,834 | 62,286 | 83,973 | 46,106 | 38,756 |
| Basic EPS | 40.08 | 36.05 | 28.60 | — | 20.32 | 21.84 | 19.35 | 13.33 | 18.53 | 24.99 | 13.72 | 11.53 |
| Diluted EPS | 40.07 | 32.35 | 28.59 | — | 20.31 | 21.83 | 19.34 | 13.33 | 18.52 | 24.98 | 13.72 | 11.53 |
| Average shares (basic) | 3,361 | 3,360 | 3,360 | — | 3,358 | 3,358 | 3,359 | 3,363 | 3,362 | 3,361 | 3,361 | 3,360 |
| Average shares (diluted) | 3,361 | 3,360 | 3,361 | — | 3,359 | 3,358 | 3,360 | 3,363 | 3,363 | 3,362 | 3,362 | 3,362 |
| Dividend per share | — | 13.00 | — | — | — | 12.00 | — | 11.00 | — | 12.00 | — | 8.00 |