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Producer Manufacturing

Mitsubishi Heavy Industries, Ltd.

Business Summary

Mitsubishi Heavy Industries, Ltd. engages in the manufacture and sale of ships, industrial machinery, and aircraft. It operates through the following segments: Energy, Plants and Infrastructure Systems, Logistics, Thermal and Drive Systems, and Aircraft, Defense and Space. The Energy segment handles clean gas and steam power systems, nuclear power systems, compressors, and marine machinery. The Plants and Infrastructure Systems segment deals with commercial ships, engineering, environmental systems, machine tools, and machinery systems. The Logistics, Thermal and Drive Systems segment provides material handling systems, engines, turbo chargers, HVAC systems, and automotive air-conditioners. The Aircraft, Defense and Space segment covers commercial aircraft, defense aircraft, missile systems, naval ships, special vehicles, maritime systems, and space systems. The company was founded by Yataro Iwasaki on July 7, 1884 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue3,860.28B34,352.50M
Gross Profit633,611M5,638.47M
Operating income99,185M882.64M
Income before tax156,823M1,395.56M
Net income113,541M1,010.39M
EBITDA234,972M2,091.00M
Diluted EPS338.053.00
Dividends Per Share1000.88
Total Assets5,116.34B42,153.16M
Total liabilities3,453.80B28,455.68M
Total equity1,576.61B12,989.58M
Operating cash flow285,563M2,541.21M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 4,085.67B 4,078.34B 4,041.37B 3,699.94B 3,860.28B
Gross Profit 805,252M 734,150M 672,657M 549,602M 633,611M
Operating income 173,546M 230,783M 126,163M 52,099M 99,185M
Income before tax 39,232M 195,059M -32,660M 34,197M 156,823M
Net income -7,321M 110,271M 87,123M 40,640M 113,541M
EBITDA 347,285M 366,441M 270,802M 290,357M 234,972M
Diluted EPS -21.75 328.00 259.05 120.83 338.05
Dividends Per Share 120 130 150 75 100
Total Assets 5,248.75B 5,240.35B 4,985.69B 4,810.72B 5,116.34B
Total liabilities 3,554.88B 3,511.65B 3,695.61B 3,371.33B 3,453.80B
Total equity 1,395.53B 1,411.56B 1,218.34B 1,366.34B 1,576.61B
Operating cash flow 405,752M 420,349M 452,564M -94,948M 285,563M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 36,863.57M 36,776.73M 37,170.35M 34,886.25M 34,352.50M
Gross Profit 7,265.49M 6,620.24M 6,186.72M 5,182.11M 5,638.47M
Operating income 1,565.84M 2,081.10M 1,160.37M 491.23M 882.64M
Income before tax 353.97M 1,758.95M -300.38M 322.43M 1,395.56M
Net income -66.05M 994.37M 801.30M 383.18M 1,010.39M
EBITDA 3,133.42M 3,304.40M 2,490.68M 2,737.73M 2,091.00M
Diluted EPS -0.19 2.95 2.38 1.13 3.00
Dividends Per Share 1.08 1.17 1.37 0.70 0.88
Total Assets 49,353.59M 47,344.74M 46,183.03M 43,535.99M 42,153.16M
Total liabilities 33,426.30M 31,726.59M 34,232.88M 30,509.82M 28,455.68M
Total equity 13,122.12M 12,752.99M 11,285.66M 12,365.09M 12,989.58M
Operating cash flow 3,660.95M 3,790.52M 4,162.43M -895.25M 2,541.21M

Valuation Measures

Mar 2022
PER11.88
ROA2.28%
ROE7.71%
Operating margin2.56%
Profit margin2.94%

Key executives

  • President, CEO & Representative Director: Seiji Izumisawa
  • Chief Financial Officer & Representative Director: Hisato Kozawa
  • CTO & Co-Chief Strategy Officer: Eisaku Ito
  • Executive Officer & General Counsel: Chibumi Kimura
  • Managing Executive Officer: Kentaro Hosomi

Shareholders

  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.9%)
  • Nomura Asset Management Co., Ltd. (3.6%)
  • Meiji Yasuda Life Insurance Co. (2.3%)
  • The Vanguard Group, Inc. (2.2%)
  • Nikko Asset Management Co., Ltd. (2.0%)
  • Bank of Tokyo Mitsubishi UFJ Pension Fund (1.9%)
  • Mitsubishi Heavy Industries Employee Stock Ownership Plan (1.8%)
  • BlackRock Fund Advisors (1.6%)
  • Daiwa Asset Management Co. Ltd. (1.5%)
  • Norges Bank Investment Management (1.2%)

Contact Details

  • Website:http://www.mhi.co.jp
  • Address: 3-2-3 Marunouchi, Chiyoda-Ku, Tokyo, 100-8332, Japan
  • Phone: +81.3.6275.6200

Related Companies

  • Mitsubishi Heavy Industries Business Association
  • Mitsubishi Heavy Industries Engineering Ltd.
  • Mitsubishi Heavy Industries Ltd. /Koyagi Repair Dock/
  • Mitsui Engineering Shipbuilding Co. Ltd. /Ship Business/
  • Mitsubishi Shipbuilding Co., Ltd.
  • Mitsubishi Heavy Industries Ltd. /Koyagi Shipyard Plant/
  • Mitsubishi Heavy Industries Meiki Engines Co., Ltd.
  • Bombardier, Inc. /CRJ Regional Jet Business/
  • MHI Diamond Staff KK
  • MHI Transportation Systems Brasil Ltda.
  • Mitsubishi Heavy Industries Engine & Turbocharger Ltd.
  • Diamond F.C. Partners Co., Ltd.
  • Ryoju Facility & Properties Co., Ltd.
  • Mitsubishi Heavy Industries Thermal Systems Ltd.
  • Diamond WTG Engineering & Services, Inc
  • Mitsubishi Heavy Ind Forklift & Engine Turbocharger Hldgs Ltd.
  • PT Graha Berkat Trading
  • Shinryo Techno Service Co., Ltd.
  • Shinryo Design Ltd.
  • MHI Power Enerji Yatirimlari AS
  • MHI Capital Asia Pacific Pte Ltd.
  • Mitsubishi Heavy Industries Employee Incentive Plan
  • Mitsubishi Heavy Industries Board Incentive Plan II
  • Mitsubishi Heavy Industries Board Incentive Plan I
  • MHI Turbo Engineering Co. (Shanghai)
  • Mitsubishi Heavy Industries BFG Gas Turbine Service (Nanjing)
  • MHI Automotive Climate Control (Thailand) Co. Ltd.
  • Mitsubishi Heavy Industries Engine System (Shenzhen) Co. Ltd.
  • MHI Engine System Middle East FZE
  • MHI Nuclear Engineering Co. Ltd.

Competitors

  • Siemens AG
  • Babcock & Wilcox Enterprises Inc
  • EMKOREA Co., Ltd.
  • Embraer S.A.
  • Caterpillar Inc.
  • SINOMACH Heavy Equipment Group Co., Ltd. Class A
  • Georg Fischer AG
  • Baker Hughes Company Class A
  • RAFAKO S.A.
  • Shenzhen Inovance Technology Co., Ltd Class A
  • Spirit AeroSystems Holdings, Inc. Class A
  • Avio SpA
  • Cargotec Oyj Class B
  • Cummins Inc.
  • HSD Engine Co., Ltd
  • American Superconductor Corporation
  • Beijer Ref AB Class B
  • China Shipbuilding Industry Group Power Co., Ltd. Class A
  • AeroSpace Technology of Korea, Inc.
  • Awea Mechantronic Co. Ltd.
  • PBG S.A.
  • Fuel Tech, Inc.
  • Ormat Technologies, Inc.
  • AerCap Holdings NV
  • Aquarius Engines (A.M) Ltd.
  • Bruker Corporation
Last Updated on 18 Aug, 2022

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