Mitsubishi Electric Announces Consolidated Financial Results for Fiscal 2024
The full document on Mitsubishi Electric’s financial results can be viewed at the following link:
www.MitsubishiElectric.com/news
Consolidated Financial Results
Revenue: |
5,257.9 |
billion yen |
(5% increase year-on-year) |
|||
Operating profit: |
328.5 |
billion yen |
(25% increase year-on-year) |
|||
Profit before income taxes: |
365.8 |
billion yen |
(25% increase year-on-year) |
|||
Net profit attributable to
|
284.9 |
billion yen |
(33% increase year-on-year) |
The economy in fiscal 2024 continued to see moderate recovery in
In this environment, the
Forecast for Fiscal 2025
The global economy in fiscal 2025 is expected to see a continued spending increase, but growth is anticipated to remain moderate due primarily to continued monetary tightening in various countries and regions, mainly in
Under these circumstances, the
The current financial performance forecast for fiscal 2025 follows below.
Current consolidated forecast for fiscal 2025
Revenue: |
5,300.0 |
billion yen |
(1% increase year-on-year) |
|||
Operating profit: |
400.0 |
billion yen |
(22% increase year-on-year) |
|||
Profit before income taxes: |
430.0 |
billion yen |
(18% increase year-on-year) |
|||
Net profit attributable to
|
315.0 |
billion yen |
(11% increase year-on-year) |
Exchange rates for this forecast are
Note: |
The results forecast above is based on assumptions deemed reasonable by |
View source version on businesswire.com: https://www.businesswire.com/news/home/20240425438263/en/
Investor Relations Inquiries
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