Financial Highlights
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MHI has adopted International Financial Reporting Standards (IFRS16) from FY2019.
Summary of Consolidated Business Results and Forecasts
| FY2019 (Actual) IFRS |
FY2020 (Actual) IFRS |
FY2021 (Actual) IFRS |
FY2022 (Forecast) IFRS |
|
|---|---|---|---|---|
| Order intake | 4,168.6 billion yen |
3,336.3 billion yen |
4,067.7 billion yen |
4,000.0 billion yen |
| Revenue | 4,041.3 billion yen |
3,699.9 billion yen |
3,860.2 billion yen |
4,100.0 billion yen |
| Profit from business activities | -29.5 billion yen |
54.0 billion yen |
160.2 billion yen |
200.0 billion yen |
| Profit attributable to owners of parent | 87.1 billion yen |
40.6 billion yen |
113.5 billion yen |
120.0 billion yen |
Order intake and Revenue
| FY2019 IFRS |
FY2020 IFRS |
FY2021 IFRS |
|
|---|---|---|---|
| Order intake | 4,168.6 billion yen | 3,336.3 billion yen | 4,067.7 billion yen |
| Revenue | 4,041.3 billion yen | 3,699.9 billion yen | 3,860.2 billion yen |
Profit from business activities and Profit attributable to owners of parent
| FY2019 IFRS |
FY2020 IFRS |
FY2021 IFRS |
|
|---|---|---|---|
| Profit from business activities | -29.5 billion yen | 54.0 billion yen | 160.2 billion yen |
| Profit attributable to owners of parent | 87.1 billion yen | 40.6 billion yen | 113.5 billion yen |
Total assets and Interest-bearing debt
| FY2019 IFRS |
FY2020 IFRS |
FY2021 IFRS |
|
|---|---|---|---|
| Total assets | 4,985.6 billion yen | 4,810.7 billion yen | 5,116.3 billion yen |
| Interest-bearing debt | 598.2 billion yen | 905.6 billion yen | 734.9 billion yen |
Capital Expenditures and Depreciation & amortization
| FY2019 IFRS |
FY2020 IFRS |
FY2021 IFRS |
|
|---|---|---|---|
| Capital Expenditures | 161.5 billion yen | 125.5 billion yen | 122.8 billion yen |
| Depreciation & amortization | 144.6 billion yen | 139.2 billion yen | 132.1 billion yen |
Equity and Equity ratio
| FY2019 IFRS |
FY2020 IFRS |
FY2021 IFRS |
|
|---|---|---|---|
| Equity | 1,290.0 billion yen | 1,439.3 billion yen | 1,662.5 billion yen |
| Equity ratio | 24.4% | 28.4% | 30.8 % |
Earning per share and Book value per share
| FY2019 IFRS |
FY2020 IFRS |
FY2021 IFRS |
|
|---|---|---|---|
| Earning per share | 259.39 yen | 120.92 yen | 338.24 yen |
| Book value per share |
3,627.73 yen | 4,064.73 yen | 4,696.42 yen |
ROE and ROA
| FY2019 IFRS |
FY2020 IFRS |
FY2021 IFRS |
|
|---|---|---|---|
| Return on equity (ROE) | 6.6% | 3.1% | 7.7% |
| Return on total assets (ROA)
(to profit (loss) attributable to owners of parent) |
1.7% | 0.8% | 2.2% |
| Return on total assets (ROA)
(to profit before income taxes) |
-0.6% | 1.0% | 3.5% |
Cash Flows
Operating Cash Flow
Investment Cash Flow
Free Cash Flow
Financing Cash Flow
| FY2019 IFRS |
FY2020 IFRS |
FY2021 IFRS |
|
|---|---|---|---|
| Operating Cash Flow |
452.5 billion yen | -94.9 billion yen | 285.5 billion yen |
| Investment Cash Flow |
-239.5 billion yen | -182.2 billion yen | 16.3 billion yen |
| Free Cash Flow |
212.9 billion yen | -277.1 billion yen | 301.8 billion yen |
| Financing Cash Flow |
-204.4 billion yen | -221.7 billion yen | -255.7 billion yen |
As of the fiscal year 2018 ended March 31, 2019, Mitsubishi Heavy Industries, Ltd. has adopted the International Financial Reporting Standards (IFRS) for consolidated financial statements, in place of the Japanese Generally Accepted Accounting Principles (JGAAP) previously used.
- Return on equity (ROE) = profit (loss) attributable to owners of parent / equity attributable to owners of parent average of the beginning and the end of period
Return on total assets (ROA) (to profit (loss) attributable to owners of parent)
= profit (loss) attributable to owners of parent / total assets average of the beginning and the end of period
Return on total assets (ROA) (to profit before income taxes)
=profit before income taxes / total assets average of the beginning and the end of period
Earning per share (EPS) = profit (loss) attributable to owners of parent / total number of shares issued
Book value per share (BPS) = Net assets / total number of shares issued