Mitsubishi Heavy Industries, Ltd.

7011

JP3900000005

Consumer Goods Conglomerates

Market Closed - Japan Exchange Other stock markets 02:00:00 2024-04-19 am EDT			5-day change	1st Jan Change
1,359 ^JPY	-1.81%		-2.30%	+64.91%

Apr. 01	Japan's Nikkei ends at 2-week low as new fiscal year begins	RE
Mar. 28	Japan Eyes 2035 for Launch of Next-Gen Hydrogen-Fueled Passenger Aircraft	MT

Mitsubishi Heavy Industries, Ltd. Reports Earnings Results for the First Half of 2019; Provides Earnings Guidance for the Fiscal Year of 2019

October 31, 2019 at 12:30 am EDT

Mitsubishi Heavy Industries, Ltd. provided earnings guidance for the fiscal year of 2019. For the period, the company expects revenue of JPY 4.3 trillion; and the profit from business activities of JPY 220 billion; and net profit of JPY 110 billion.

The company reported earnings results for the first half of 2019. For the period, the company's revenue was JPY 1,877.6 billion. profit from business activities was JPY 74.3 billion. Profit attributable to owners of parent was JPY 29.2 billion.

Latest news about Mitsubishi Heavy Industries, Ltd.

Japan's Nikkei ends at 2-week low as new fiscal year begins	Apr. 01	RE
Japan Eyes 2035 for Launch of Next-Gen Hydrogen-Fueled Passenger Aircraft	Mar. 28	MT
Beijing Outlook, Ex-Dividend Dates Roil Asian Stock Markets	Mar. 28	MT
China Exchanges Roil Asian Stock Markets	Mar. 27	MT
Japan to support next-generation passenger aircraft development	Mar. 27	RE
Japan relaxes military export curbs for planned jet fighter	Mar. 25	RE
Japan's Seibu considers sale of Tokyo office building for $2 bln, sources say	Mar. 22	RE
Japan to relax export curbs to allow overseas sales of joint jet fighter	Mar. 13	RE
Japan's Mitsubishi Heavy Invests In U.S. Geothermal Startup - Nikkei	Feb. 29	RE
Fervo Energy Company announced that it has received $244 million in funding from a group of investors	Feb. 28	CI
Hoden Seimitsu Kako Kenkyusho Co., Ltd. announced that it has received ¥2.0000004 billion in funding from Mitsubishi Heavy Industries, Ltd.	Feb. 27	CI
Japan proposes law to classify more information as confidential	Feb. 27	RE
Japan's Idemitsu joins study on U.S. ammonia project	Feb. 27	RE
S.Korea forced labour victim receives "compensation" from Japanese firm, family lawyer says	Feb. 20	RE
Japan successfully launches next-generation H3 rocket after failure last year	Feb. 16	RE
Japan launches H3 rocket a year after failed first flight	Feb. 16	RE
Japan takes another shot at next-generation H3 rocket launch	Feb. 14	RE
Japan space agency delays H3 rocket's second launch due to bad weather	Feb. 13	RE
China Market Stimulus Roils Asian Stock Markets	Feb. 06	MT
Japan's Nikkei softens on profit-taking as investors weigh earnings	Feb. 06	RE
Transcript : Mitsubishi Heavy Industries, Ltd., Q3 2024 Earnings Call, Feb 06, 2024	Feb. 06
Mitsubishi Heavy Industries, Ltd. Reports Earnings Results for the Nine Months Ended December 31, 2023	Feb. 05	CI
Fervo Energy Company announced that it expects to receive funding	Feb. 05	CI
Hoden Seimitsu Kako Kenkyusho Co., Ltd. announced that it expects to receive ¥2.0000004 billion in funding from Mitsubishi Heavy Industries, Ltd.	Jan. 29	CI
Mitsubishi Heavy launches H-IIA rocket carrying Japan's spy satellite	Jan. 11	RE

Chart Mitsubishi Heavy Industries, Ltd.

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Company Profile

Mitsubishi Heavy Industries, Ltd. is a diversified group organized around 4 business segments: - manufacturing of systems and components for energy production units (42.6% of net sales): offshore wind turbines, pumps, turbochargers, reactors, compressors, aero-engines, gas turbines, nuclear power generators, etc.; - shipbuilding and industrial construction (41.1%): construction of ships, land transport systems, machinery and industrial installations, environmental systems (industrial wastewater treatment systems, air pollution control units, marine pollution prevention systems, waste incinerators, etc.), handling equipment, machine tools, air conditioning and refrigeration systems, toll systems, etc.; - construction of avionics, defence and aerospace systems (15.7%); - other (0.3%). Net sales are distributed geographically as follows: Japan (48.9%), Asia (17.4%), the United States (14.8%), Europe (9.4%), Middle East (2.9%), Central and South America (2.8%), Africa (1.3%) and other (2.5%).

Sector

Consumer Goods Conglomerates

Calendar

2024-05-07 - Q4 2023 Earnings Release

Related indices

Nikkei 225

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Ratings for Mitsubishi Heavy Industries, Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1,359 JPY

Average target price

1,432 JPY

Spread / Average Target

+5.35%

Consensus

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Quarterly earnings - Rate of surprise

Company calendar

Sector Consumer Goods Conglomerates

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Consumer Goods Conglomerates