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.

 

 

 

 

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