MHI Announces Outline of FY2013 First 6 Month Financial Results Ended September 30, 2013

Mitsubishi Heavy Industries, Ltd. (MHI) yesterday announced its consolidated financial results for the first six months of fiscal year (FY) 2013 ended September 30, 2013.

Estimate of Consolidated Financial Results for FY 2013

For the fiscal year 2013 ending March 31, 2014, MHI is expecting 3,150 billion yen in net sales, 190 billion yen in operating income, 160 billion yen in ordinary income, and 100 billion yen in net income. This estimate is based on the assumption of currency exchange rate of US$ 1.00 = ¥95 and €1.00 = ¥120 for the portion yet to be fixed. Please note that this estimate has been projected with currently available information and data. As such, these projections involve risks and uncertainties. For this reason, investors are recommended not to depend solely on these projections for making investment decisions. The actual results, therefore, may diverge broadly with the influence of a variety of outside factors  such as economics surrounding MHI, currency movement of the yen to the U.S. dollar and  other foreign currencies, and trends of stock ma rkets in Japan. Also, the  results projected here  should not be construed in any way  as being guaranteed by the company.
Source: Mitsubishi Heavy Industries, Ltd.