Japanese Conglomerate Sees Strong Performance in Energy Systems and Defense Contracts
Mitsubishi Heavy Industries reported significant order intake growth in its first three quarters, driven by strong demand for energy systems and defense contracts. Revenue and business profit also increased YoY across various segments. Despite one-time expenses, the company raised full-year guidance, citing strong performance through Q3. Mitsubishi Heavy Industries reiterated its dividend forecast of 24 yen per share.