- Mitsubishi Heavy Industries reported first-quarter net sales of 1.19 trillion yen, which matched market estimates.
- Business profit for the quarter was 104.16 billion yen, with a net income of 68.23 billion yen.
- The company forecasts full-year net income at 260.00 billion yen, lower than the market estimate of 299.93 billion yen.
- Projected full-year net sales remain at 5.40 trillion yen.
- Mitsubishi Heavy plans to maintain a dividend of 24.00 yen per share, slightly below the estimated 25.65 yen.
- Following the earnings announcement, shares rose by 2.5% to 3,636 yen, with 33.5 million shares traded.
- Current analyst recommendations for the stock include 16 buy ratings, 3 hold ratings, and no sell ratings.
- All figures are based on Mitsubishi Heavy’s original disclosures and past results.
Mitsubishi Heavy Industries on Smartkarma
On Smartkarma, an independent investment research network, analysts Rahul Jain and Scott Foster have shared contrasting views on Mitsubishi Heavy Industries (7011 JP). Rahul Jain‘s report titled “Mitsubishi Heavy (7011) β Strong Earnings, Β₯10.2T Backlog, Macro Tailwinds Remain Supportive” highlights MHI’s strong revenue growth, impressive order backlog, and positive long-term outlook driven by energy transition and defense spending. The report emphasizes the company’s solid performance and promising future despite recent stock price increases.
In contrast, Scott Foster‘s insights present a more cautious stance. In his report “MHI (7011 JP): Take Profits,” Foster suggests considering profit-taking due to the stock’s significant year-to-date gains and high valuation. However, in another report, “MHI (7011 JP): U.S. Presses Japan to Spend More on Defense,” Foster acknowledges the potential for further upside in MHI’s valuation if Japan’s defense spending increases as expected, indicating a reasonably optimistic scenario for the company’s future performance.
A look at Mitsubishi Heavy Industries Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, the long-term outlook for Mitsubishi Heavy Industries appears promising. With a strong score in Growth and Momentum, the company is positioned well for future expansion and market performance. The Growth score of 5 highlights the potential for Mitsubishi Heavy Industries to experience significant growth in its operations and financials over time. Additionally, a Momentum score of 5 suggests that the company is currently exhibiting a positive trend in its market performance, indicating investor interest and confidence in its prospects.
Mitsubishi Heavy Industries, Ltd. is a renowned heavy machinery manufacturer known for its comprehensive range of products including machinery, ships, turbines, engines, aircraft, and machine parts for both military and commercial applications. The company’s focus on research and development, particularly in the field of nuclear power plants, positions it as an innovative leader in the industry, further supporting its positive outlook based on the Smartkarma Smart Scores.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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