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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 aircrafts. It operates through the following segments: Power, Industry & Social Infrastructure, Aviation, Defense, Space, and Others and Common. The Power segment handles thermal power generation system, nuclear equipment, wind power generation equipment, and aircraft engines. The Industry & Social Infrastructure segment provides logistics equipment, turbochargers, cooling products, car air conditioners, transportation systems, and environmental equipment. The Aviation, Defense, Space segment deals with commercial and defense aircraft, ships, special vehicles, and space equipment. The Others and Common segment includes construction and real estate businesses. The company was founded by Yataro Iwasaki on July 7, 1884 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2019 JPYUSD
Revenue4,078.34B36,776.73M
Gross Profit738,748M6,661.70M
Operating income226,420M2,041.75M
Income before tax182,624M1,646.82M
Net income101,355M913.97M
EBITDA351,326M3,168.10M
Diluted EPS301.482.71
Dividends Per Share1301.17
Total Assets5,142.72B46,462.69M
Total liabilities3,393.89B30,662.68M
Total equity1,430.87B12,927.47M
Operating cash flow404,924M3,651.42M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 3,992.11B 4,046.81B 3,914.01B 4,085.67B 4,078.34B
Gross Profit 898,985M 862,214M 733,120M 805,252M 738,748M
Operating income 296,140M 309,507M 150,544M 173,546M 226,420M
Income before tax 232,697M 132,682M 169,718M 39,232M 182,624M
Net income 110,412M 63,834M 87,721M -7,321M 101,355M
EBITDA 650,977M 479,629M 339,874M 347,285M 351,326M
Diluted EPS 328.20 189.70 260.71 -21.75 301.48
Dividends Per Share 110 120 120 120 130
Total Assets 5,520.35B 5,500.71B 5,481.97B 5,248.75B 5,142.72B
Total liabilities 3,400.34B 3,500.97B 3,377.85B 3,554.88B 3,393.89B
Total equity 1,783.89B 1,682.37B 1,782.05B 1,395.53B 1,430.87B
Operating cash flow 212,834M 270,002M 95,913M 405,752M 404,924M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 36,339.31M 33,699.74M 36,144.68M 36,863.57M 36,776.73M
Gross Profit 8,183.26M 7,180.07M 6,770.12M 7,265.49M 6,661.70M
Operating income 2,695.69M 2,577.41M 1,390.22M 1,565.84M 2,041.75M
Income before tax 2,118.19M 1,104.90M 1,567.29M 353.97M 1,646.82M
Net income 1,005.05M 531.57M 810.07M -66.05M 913.97M
EBITDA 5,925.70M 3,994.10M 3,138.62M 3,133.42M 3,168.10M
Diluted EPS 2.98 1.57 2.40 -0.19 2.71
Dividends Per Share 1.00 0.99 1.10 1.08 1.17
Total Assets 46,031.74M 48,940.89M 49,196.60M 49,353.59M 46,462.69M
Total liabilities 28,353.91M 31,148.82M 30,313.72M 33,426.30M 30,662.68M
Total equity 14,875.10M 14,968.43M 15,992.63M 13,122.12M 12,927.47M
Operating cash flow 1,937.38M 2,248.43M 885.72M 3,660.95M 3,651.42M

Valuation Measures

Mar 2019
PER15.22
ROA1.95%
ROE7.17%
Operating margin5.55%
Profit margin2.48%

Key executives

  • President, CEO, Director & Chief Strategy Officer: Seiji Izumisawa
  • CFO, Representative Director & Executive VP: Masanori Koguchi
  • Chief Technology Officer & Executive VP: Michisuke Nayama
  • CTO, Executive Officer & GM-ICT Solutions: Eisaku Ito
  • Executive Officer & Manager-Strategy Planning: Masayuki Suematsu

Shareholders

  • Asset Management One Co., Ltd. (3.6%)
  • Nomura Asset Management Co., Ltd. (3.2%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.1%)
  • Meiji Yasuda Life Insurance Co. (2.3%)
  • The Vanguard Group, Inc. (2.2%)
  • Bank of Tokyo Mitsubishi UFJ Pension Fund (1.9%)
  • Nikko Asset Management Co., Ltd. (1.8%)
  • BlackRock Fund Advisors (1.5%)
  • Daiwa Asset Management Co. Ltd. (1.3%)
  • Eastspring Investments (Singapore) Ltd. (1.1%)

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 Meiki Engines Co., Ltd.
  • 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 (Changshu) Machinery Co. 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.
  • Mitsubishi Heavy Industries de Mexico SA de CV
  • Mitsubishi Heavy Industries, Ltd. (Kiev Liaison Office)
  • Mitsubishi Heavy Industries, Ltd. (Moscow Liaison Office)
  • Mitsubishi Heavy Industries (Ho Chi Minh City Liaison Office)
  • Mitsubishi Heavy Industries Ltd. (Hanoi Liaison Office)
  • MHI Engine System Vietnam Co. Ltd.

Competitors

  • Siemens AG
  • Wartsila Oyj Abp
  • EMKOREA Co., Ltd.
  • Caterpillar Inc.
  • Babcock & Wilcox Enterprises Inc
  • Outotec Oyj
  • Cummins Inc.
  • Baker Hughes Company Class A
  • Embraer S.A.
  • BorgWarner Inc.
  • Bombardier Inc. Class B
  • Triumph Group, Inc.
  • China Shipbuilding Industry Group Power Co., Ltd. Class A
  • MTU Aero Engines AG
  • Cargotec Oyj Class B
  • Spirit AeroSystems Holdings, Inc. Class A
  • HSD Engine Co., Ltd
  • Ormat Technologies, Inc.
  • Climeon AB Class B
  • Fuel Tech, Inc.
  • PBG S.A.
  • Baker Hughes Company Class A
  • AeroSpace Technology of Korea, Inc.
  • Awea Mechantronic Co. Ltd.
  • Kapsch TrafficCom AG
  • Gaztransport & Technigaz SA
  • Dongkuk Structures & Construction Co., Ltd.
  • Bruker Corporation
  • BWX Technologies, Inc.
Last Updated on 18 Nov, 2019

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