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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 2020 JPYUSD
Revenue4,041.37B37,170.35M
Gross Profit672,657M6,186.72M
Operating income126,163M1,160.37M
Income before tax-32,660M-300.38M
Net income87,123M801.30M
EBITDA270,802M2,490.68M
Diluted EPS259.052.38
Dividends Per Share1501.37
Total Assets4,985.69B46,183.03M
Total liabilities3,695.61B34,232.88M
Total equity1,218.34B11,285.66M
Operating cash flow452,564M4,162.43M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 4,046.81B 3,914.01B 4,085.67B 4,078.34B 4,041.37B
Gross Profit 862,214M 733,120M 805,252M 734,150M 672,657M
Operating income 309,507M 150,544M 173,546M 230,783M 126,163M
Income before tax 132,682M 169,718M 39,232M 195,059M -32,660M
Net income 63,834M 87,721M -7,321M 110,271M 87,123M
EBITDA 479,629M 339,874M 347,285M 366,441M 270,802M
Diluted EPS 189.70 260.71 -21.75 328.00 259.05
Dividends Per Share 120 120 120 130 150
Total Assets 5,500.71B 5,481.97B 5,248.75B 5,240.35B 4,985.69B
Total liabilities 3,500.97B 3,377.85B 3,554.88B 3,511.65B 3,695.61B
Total equity 1,682.37B 1,782.05B 1,395.53B 1,411.56B 1,218.34B
Operating cash flow 270,002M 95,913M 405,752M 420,349M 452,564M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 33,699.74M 36,144.68M 36,863.57M 36,776.73M 37,170.35M
Gross Profit 7,180.07M 6,770.12M 7,265.49M 6,620.24M 6,186.72M
Operating income 2,577.41M 1,390.22M 1,565.84M 2,081.10M 1,160.37M
Income before tax 1,104.90M 1,567.29M 353.97M 1,758.95M -300.38M
Net income 531.57M 810.07M -66.05M 994.37M 801.30M
EBITDA 3,994.10M 3,138.62M 3,133.42M 3,304.40M 2,490.68M
Diluted EPS 1.57 2.40 -0.19 2.95 2.38
Dividends Per Share 0.99 1.10 1.08 1.17 1.37
Total Assets 48,940.89M 49,196.60M 49,353.59M 47,344.74M 46,183.03M
Total liabilities 31,148.82M 30,313.72M 33,426.30M 31,726.59M 34,232.88M
Total equity 14,968.43M 15,992.63M 13,122.12M 12,752.99M 11,285.66M
Operating cash flow 2,248.43M 885.72M 3,660.95M 3,790.52M 4,162.43M

Valuation Measures

Mar 2020
PER10.53
ROA1.70%
ROE6.62%
Operating margin3.12%
Profit margin2.15%

Key executives

  • President, CEO, Director & Chief Strategy Officer: Seiji Izumisawa
  • CFO, Representative Director & Executive Officer: Hisato Kozawa
  • 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. (3.9%)
  • Nomura Asset Management Co., Ltd. (3.5%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.1%)
  • The Vanguard Group, Inc. (2.3%)
  • Meiji Yasuda Life Insurance Co. (2.3%)
  • Bank of Tokyo Mitsubishi UFJ Pension Fund (1.9%)
  • Nikko Asset Management Co., Ltd. (1.8%)
  • APG Asset Management NV (1.7%)
  • BlackRock Fund Advisors (1.5%)
  • Daiwa Asset Management Co. Ltd. (1.5%)

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 Engine /Ship Sales & Services Bus/
  • 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 (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)

Competitors

  • Metso Outotec Oyj
  • Siemens AG
  • Wartsila Oyj Abp
  • Babcock & Wilcox Enterprises Inc
  • EMKOREA Co., Ltd.
  • Embraer S.A.
  • Leonardo SpA
  • Caterpillar Inc.
  • Baker Hughes Company Class A
  • Triumph Group, Inc.
  • PT Selamat Sempurna Tbk
  • Cummins Inc.
  • Spirit AeroSystems Holdings, Inc. Class A
  • Cargotec Oyj Class B
  • HSD Engine Co., Ltd
  • Latecoere SA
  • Beijer Ref AB Class B
  • BorgWarner Inc.
  • China Shipbuilding Industry Group Power Co., Ltd. Class A
  • Ormat Technologies, Inc.
  • AeroSpace Technology of Korea, Inc.
  • Awea Mechantronic Co. Ltd.
  • PBG S.A.
  • Fuel Tech, Inc.
  • Bruker Corporation
  • Climeon AB Class B
Last Updated on 4 Aug, 2020

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