Mitsubishi Electric Announces Consolidated Financial Results for the Third Quarter (First 9 Months) of Fiscal 2025

TOKYO--( BUSINESS WIRE )-- Mitsubishi Electric Corporation (TOKYO: 6503) announced today its consolidated financial results for the third quarter (first 9 months), ended December 31, 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

Consolidated Financial Results

Key Points

1. Q3^(*1) FY25^(*2): Revenue ¥1,356.7 bn (+¥112.8 bn YoY), Operating Profit ¥126.8 bn (+¥40.3 bn YoY)

- Both revenue and operating profit achieved a new record high for Q3 due primarily to the impact of the weaker yen, increases in the Infrastructure and Life segments, and the partial share-transfer of MD LOGIS CORPORATION shares^(*3).

- Continuous efforts are being made to improve profitability in the Infrastructure segment, including improvements in contract terms for orders.

2. FY25 forecast: Revenue ¥5,400.0 bn (+¥10.0 bn compared to the previous announcement), Operating Profit ¥400.0 bn (unchanged from the previous announcement)

- Due mainly to foreign exchange rates reconsidered in line with the weaker yen, revenue is expected to exceed the previous announcement.

- Mitsubishi Electric Group will steadily implement ongoing initiatives to improve profitability and efficiency in each business.

3. Q1-Q3 FY25: Free cash flow improved by ¥174.2 bn YoY

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