Mitsubishi Heavy Industries Ltd (TSE:7011)
円 1281 39 (3.14%) Market Cap: 4.31 Til Enterprise Value: 4.98 Til PE Ratio: 19.40 PB Ratio: 1.92 GF Score: 73/100
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Mitsubishi Heavy Industries Ltd Medium Term Business Plan Briefing Transcript

Apr 05, 2023 / NTS GMT
Release Date Price: 円505.6 (-0.12%)
Seiji Izumisawa
Mitsubishi Heavy Industries, Ltd. - President, CEO & Representative Director

This is Seiji Izumisawa, President and CEO. Thank you very much for taking your time after your busy schedule. From my side, I would like to give you a briefing about the 2021 Medium-Term Business Plan progress. So on the -- we have the slide on the screen. So this will be the table of contents for today. Next slide, please.

This will be the executive summary. First of all, with the 2021 MTBP, basically, these initiatives are progressing according to plan, and we start to see effects. For the FY '23, we will further enhance this outcome to achieve 7% business profit margin. The second point is about our growth strategy. As I've been saying before, to achieve carbon neutrality from both the energy supply and demand side, we are conducting activities. I would like to explain more in detail about this matter afterwards. The third point is new initiatives. There are geopolitical risks that are surfacing. That is -- meaning that there is increased concern for national security. So MHI as a leading company in

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