9986.T
Mitsubishi Heavy Industries (9986.T) designs, manufactures, and sells industrial machinery and equipment, including power generation systems, aerospace components, and defense equipment, primarily in Japan and internationally.
Business. Mitsubishi Heavy Industries (9986.T) designs, manufactures, and sells industrial machinery and equipment, including power generation systems, aerospace components, and defense equipment, primarily in Japan and internationally.
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- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
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Synthesis
Mitsubishi Heavy Industries (9986.T) designs, manufactures, and sells industrial machinery and equipment, including power generation systems, aerospace components, and defense equipment, primarily in Japan and internationally.
Mitsubishi Heavy Industries maintains a strong liquidity position, with a current ratio of 12.74, indicating a significant buffer of current assets relative to current liabilities. The company's cash and equivalents amount to ¥2,064,293,000, and its operating cash flow stands at ¥513,713,000, supporting its operational flexibility and capacity to fund short-term obligations.
In terms of profitability, the company's return on equity (ROE) is 4.79%, and its return on assets (ROA) is 4.18%. These figures are below the industry median for ROE and ROA, suggesting that the company is generating returns at a slower pace compared to its peers. The operating income of ¥911,595,000 and net income of ¥616,598,000 reflect a solid but not exceptional performance in converting revenue into profit.
The company's revenue is primarily concentrated in Japan, with a significant portion derived from its core industrial machinery and equipment segments. While the company operates internationally, its geographic exposure remains heavily weighted toward its domestic market, which could pose a risk in the event of economic downturns in Japan.
Looking ahead, the company is expected to maintain a stable growth trajectory, with revenue and earnings projected to remain relatively flat in the current fiscal year. The capital expenditure of -¥126,464,000 indicates a reduction in investment, which may signal a strategic shift or a focus on cost optimization. However, the company's long-term debt is minimal at ¥43,699,000, reducing the pressure of debt servicing and allowing for greater financial flexibility.
The risk assessment for Mitsubishi Heavy Industries indicates a low level of liquidity and dilution risk. The company has no immediate filing-based liquidity or dilution flags, and its debt-to-equity ratio is effectively zero, suggesting a conservative capital structure. The absence of dilution potential and the low risk of equity dilution further support the company's financial stability.
Recent events, including filings and transcripts, have not indicated any significant changes in the company's strategic direction or financial health. The company continues to focus on its core industrial machinery and equipment segments, with no major restructuring or divestiture plans disclosed in the latest filings.
- Mitsubishi Heavy Industries maintains a strong liquidity position with a current ratio of 12.74 and significant cash reserves.
- The company's ROE and ROA are below the industry median, indicating a need for improvement in profitability.
- Revenue is heavily concentrated in Japan, which could pose a risk in the event of economic downturns in the region.
- The company is expected to maintain a stable growth trajectory with minimal capital expenditure and low debt.
- The risk assessment indicates a low level of liquidity and dilution risk, with no immediate filing-based flags.
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- No immediate filing-based liquidity or dilution flags were detected.
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- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
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- Debt To Equity(short_term_debt + long_term_debt) / total_equity
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- 9986.T Market data — financials · 2026-05-27