April 27, 2011 No.1425
Revision of FY2010 Consolidated Financial Results Estimates
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.
