Press Information

Revision of FY2010 Consolidated Financial Results Estimates

No.1425
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Tokyo, April 27, 2011 - Mitsubishi Heavy Industries, Ltd. (MHI), in reflection of recent business conditions, today revised the estimates of the company's consolidated financial results for the fiscal year (FY) 2010 (April 1, 2010, to March 31, 2011) announced on February 3, 2011.

Revised estimates of consolidated results for FY2010
(April 1, 2010, to March 31, 2011)
                                                                                                                  (billions of yen)

 

Net Sales

Operating Income

Ordinary Income

Net Income

Net Income Per share

Previously announced estimates (A)

2,880.0

   95.0

    50.0

   20.0

   5.96 yen

The latest estimates announced today (B)

2,903.7

  101.2

    68.1

   30.1

   8.97 yen

Changes (amount): BA

     23.7

     6.2

    18.1

   10.1

 

Changes (%)

   0.8 %

  6.5 %

  36.2 %

   50.5 %

                   

FY2009 results

(For reference)

2,940.8

   65.6

    24.0

   14.1

   4.22 yen

 

Reasons for the revision
While net sales are not expected to diverge widely from the earlier forecast, operating income, ordinary income and net income are all projected to be higher primarily on the back of steady improvement in profitability and reductions in foreign exchange loss.