Press Information
Revision of FY2010 Consolidated Financial Results Estimates
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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): B－A |
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.
About MHI Group
Mitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com.