Mitsubishi Heavy Industries, Ltd. (MHVYF) Q3 2023 Earnings Call Transcript


Mitsubishi Heavy Industries, Ltd. (OTCPK:MHVYF) Q3 2023 Earnings Conference Call February 6, 2024 1:30 AM ET

Company Participants

Takashi Inoue – Senior General Manager, Investor Relations and Shareholder Relations

Hisato Kozawa – Member of the Board, Executive Vice President and Chief Financial Officer

Conference Call Participants

Taku Ouchi – SMBC Nikko Securities

Yoshinao Ibara – Morgan Stanley MUFG Securities

Hirosuke Tai – Daiwa Securities

Graeme McDonald – Citigroup

Takashi Inoue

The time has come for us to begin the Mitsubishi Heavy Industries Limited Quarters’ 1 to 3 Fiscal Year 2023 Financial Results Briefing. My name is Takashi Inoue, Senior General Manager of the Investor Relations and Shareholder Relations Department. I’ll be your moderator today. Thank you for joining us.

First, I’d like to introduce today’s speaker Hisato Kozawa, Member of the Board, Executive Vice President and CFO. Today CFO, Kozawa will make a presentation on the quarters’ 1 to 3 fiscal year 2023 financial results after which we will have a question-and-answer session. Today’s briefing is scheduled to end at 4:30 p.m. Japan Standard Time. We appreciate your cooperation during today’s event. Our presenter will use the quarters’ 1 to 3 fiscal year 2023 financial results slide deck, which is available for download at our Investors website.

Without further ado, allow me to move on to CFO, Kozawa’s financial results presentation.

Hisato Kozawa

Hello. Good afternoon. My name is Kozawa. Allow me to summarize the quarters’ 1 to 3 financial results, using the presentation materials. Since the materials has been released in advance, the presentation materials, I will give you the overview of the financial results according to table of contents on Slide 2.

Please refer to the Slide 4, the slide show the results for several financial indicators. Slide 5 summarizes the highlights of order intake, revenue and profit, all increased year-over-year. The increase



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