Mitsubishi Electric Announces Consolidated Financial Results for the Second Quarter (First Half) of Fiscal 2025 [Yahoo! Finance]
MITSUBISHI ELEC UNSP/ADR (MIELY)
NASDAQ:AMEX Investor Relations:
mitsubishielectric.com/company/ir/index.html
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Source: Yahoo! Finance
quarter (first half), ended September 30, 2024, of the current fiscal year ending March 31, 2025 (fiscal 2025). The full document on Mitsubishi Electric's financial results can be viewed at the following link: www.MitsubishiElectric.com/news Cons olidated Financial Results Billions of yen H1 FY24 H1 FY25 YoY Revenue Operating profit +1.3pt Profit before income taxes Net profit attributable to Mitsubishi Electric Corp. stockholders Key Points 1. H1 FY25: Revenue ¥2,643.5 bn (+¥105.1 bn YoY), Operating Profit ¥176.6 bn (+¥40.8 bn YoY) - Both revenue and operating profit achieved a new record high for H1 due primarily to the impact of the weaker yen and increases in the Infrastructure and Life segments. 2. FY25 forecast: Revenue ¥5,390.0 bn, Operating Profit ¥400.0 bn (unchanged from the previous announcement) - We will steadily implement initiatives to achieve earnings targets, including improvements in product prices to reflect the impact of rising procure
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