6503 Mitsubishi Electric Corporation - Financial Results

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6503

TSE Prime

Mitsubishi Electric Corporation

2,660.0

JPY

+61.0

(+2.35%)

Dec 23, 3:30 pm JST

16.98

USD

Dec 23, 1:30 am EST

Result

PTS

outside of trading hours

2,647

Dec 23, 11:22 pm JST

Summary Chart Historical News Financial Result

Current Period Guidance

Annual

Result

Guidance History

Growth Rate

Profitability

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2021	4,191,433	230,195	258,754	193,132	90.0	36	Apr 28, 2021	IFRS
Mar, 2022	4,476,758	252,051	279,693	203,482	95.4	40	Apr 28, 2022	IFRS
Mar, 2023	5,003,694	262,352	292,179	213,908	101.3	40	Apr 28, 2023	IFRS
Mar, 2024	5,257,914	328,525	365,853	284,949	135.7	50	Apr 26, 2024	IFRS
Mar, 2025 Guidance	5,390,000	400,000	430,000	315,000	151.8	50	Oct 31, 2024	IFRS
YoY	+2.5%	+21.8%	+17.5%	+10.5%	+11.8%

Revision Direction	Revision Date	Revenue	Operating Profit	Ordinary Profit	Net Profit	Revised Dividend	Accounting Standards
Mar, 2020	Apr 26, 2019	4,630,000	295,000	320,000	240,000	－	IFRS
-	Oct 31, 2019	4,500,000	260,000	275,000	210,000	－	IFRS
-	Mar 25, 2020	4,500,000	260,000	275,000	210,000	40	IFRS
Results	May 11, 2020	4,462,509	259,661	281,986	221,834	40	IFRS
Mar, 2021	May 11, 2020	Available in future release
	Oct 29, 2020
	Feb 2, 2021
	Mar 24, 2021
Results	Apr 28, 2021
Mar, 2022	Apr 28, 2021
	Jul 29, 2021
	Oct 28, 2021
	Feb 2, 2022
	Mar 25, 2022
Results	Apr 28, 2022
Mar, 2023	Apr 28, 2022
	Oct 28, 2022
	Feb 2, 2023
	Mar 24, 2023
Results	Apr 28, 2023
Mar, 2024	Apr 28, 2023
	Feb 20, 2024
Results	Apr 26, 2024
Mar, 2025	Apr 26, 2024	5,300,000	400,000	430,000	315,000	－	IFRS
-	Jul 31, 2024	5,390,000	400,000	430,000	315,000	－	IFRS
-	Oct 31, 2024	5,390,000	400,000	430,000	315,000	50	IFRS

Fiscal Year	Revenue	YoY	Operating Profit	YoY	Ordinary Profit	YoY	Adj. EPS	YoY
Mar, 2000	3,774,230	-0.5	Available in future release
Mar, 2001	4,129,493	+9.4
Mar, 2002	3,648,986	-11.6
Mar, 2003	3,639,071	-0.3
Mar, 2004	3,309,651	-9.1
Mar, 2005	3,410,685	+3.1
Mar, 2006	3,604,185	+5.7
Mar, 2007	3,855,745	+7.0
Mar, 2008	4,049,818	+5.0
Mar, 2009	3,665,119	-9.5
Mar, 2010	3,353,298	-8.5
Mar, 2011	3,645,331	+8.7
Mar, 2012	3,639,468	-0.2
Mar, 2013	3,567,184	-2.0
Mar, 2014	4,054,359	+13.7
Mar, 2015	4,323,041	+6.6
Mar, 2016	4,394,353	+1.6
Mar, 2017	4,238,666	-3.5
Mar, 2018	4,444,424	+4.9
Mar, 2019	4,519,921	+1.7
Mar, 2020	4,462,509	-1.3
Mar, 2021	4,191,433	-6.1
Mar, 2022	4,476,758	+6.8
Mar, 2023	5,003,694	+11.8
Mar, 2024	5,257,914	+5.1
Mar, 2025 Guidance	5,390,000	+2.5	400,000	+21.8	430,000	+17.5	151.8	+11.9

Fiscal Year	Revenue	Operating Profit	Operating Profit Margin	ROE	ROA	Total Asset Turnover Ratio	Adj. EPS
Mar, 2023	5,003,694	262,352	5.24	6.88	4.00	0.94	101.3
Mar, 2024	5,257,914	328,525	6.25	8.17	4.85	0.89	135.7
Mar, 2025 Guidance	5,390,000	400,000	7.42	8.39	5.17	0.88	151.8

All-Time High

	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS
Record	5,257,914	328,525	365,853	284,949	135.7
Fiscal Year	Mar, 2024	Mar, 2024	Mar, 2024	Mar, 2024	Mar, 2024

Second Half

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2021	2,338,381	114,221	131,298	98,646	46.3	26	Apr 28, 2022	IFRS
Oct - Mar, 2022	2,664,127	181,849	189,068	139,083	65.9	26	Apr 28, 2023	IFRS
Oct - Mar, 2023	2,719,443	192,686	206,067	164,721	78.5	30	Apr 26, 2024	IFRS
Oct - Mar, 2024 Guidance	2,746,403	223,318	253,256	196,360	94.6	30	Oct 31, 2024	IFRS
YoY	+1.0%	+15.9%	+22.9%	+19.2%	+20.6%

Cash Flow

Annual

Fiscal Year	Operating Profit	Fee Cash Flow	Operating Cash Flow	Investing Cash Flow	Financial Cash Flow	Cash & Equivalents	Cash Ratio	Accounting Standards
Mar, 2022	252,051	167,504	282,371	-114,867	-241,319	727,179	14.24	IFRS
Mar, 2023	262,352	18,178	166,711	-148,533	-119,568	645,870	11.57	IFRS
Mar, 2024	328,525	321,360	415,479	-94,119	-240,118	765,384	12.41	IFRS

Actual Performance and Financial Trends

Accumulated Results 2nd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Apr - Sep, 2022	2,339,567	80,503	103,111	74,825	35.4	35.3	Oct 28, 2022	IFRS
Apr - Sep, 2023	2,538,471	135,839	159,786	120,228	57.1	43.7	Oct 31, 2023	IFRS
Apr - Sep, 2024	2,643,597	176,682	176,744	118,640	56.9	41.1	Oct 31, 2024	IFRS
YoY	+4.1%	+30.1%	+10.6%	-1.3%	-0.4%

Quarterly Results

Result

Growth Rate

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2022	1,225,670	82,722	85,959	64,518	30.6	6.7	Feb 2, 2023	IFRS
Jan - Mar, 2023	1,438,457	99,127	103,109	74,565	35.3	6.9	Apr 28, 2023	IFRS
Apr - Jun, 2023	1,220,300	61,005	76,884	57,834	27.4	5.0	Jul 31, 2023	IFRS
Jul - Sep, 2023	1,318,171	74,834	82,902	62,394	29.6	5.7	Oct 31, 2023	IFRS
Oct - Dec, 2023	1,243,935	86,494	89,237	65,869	31.3	7.0	Feb 5, 2024	IFRS
Jan - Mar, 2024	1,475,508	106,192	116,830	98,852	47.1	7.2	Apr 26, 2024	IFRS
Apr - Jun, 2024	1,286,484	58,659	76,125	49,138	23.5	4.6	Jul 31, 2024	IFRS
Jul - Sep, 2024	1,357,113	118,023	100,619	69,502	33.3	8.7	Oct 31, 2024	IFRS
YoY	+3.0%	+57.7%	+21.4%	+11.4%	+12.4%

Fiscal Year	Revenue	YoY	Operating Profit	YoY	Ordinary Profit	YoY	Adj. EPS	YoY
Oct - Dec, 2019	1,067,601	-2.4	Available in future release
Jan - Mar, 2020	1,212,380	-3.5
Apr - Jun, 2020	858,151	-18.3
Jul - Sep, 2020	1,043,873	-7.8
Oct - Dec, 2020	1,038,587	-2.7
Jan - Mar, 2021	1,250,822	+3.2
Apr - Jun, 2021	1,066,442	+24.3
Jul - Sep, 2021	1,071,935	+2.7
Oct - Dec, 2021	1,042,886	+0.4
Jan - Mar, 2022	1,295,495	+3.6
Apr - Jun, 2022	1,067,723	+0.1
Jul - Sep, 2022	1,271,844	+18.6
Oct - Dec, 2022	1,225,670	+17.5
Jan - Mar, 2023	1,438,457	+11.0
Apr - Jun, 2023	1,220,300	+14.3
Jul - Sep, 2023	1,318,171	+3.6
Oct - Dec, 2023	1,243,935	+1.5
Jan - Mar, 2024	1,475,508	+2.6
Apr - Jun, 2024	1,286,484	+5.4
Jul - Sep, 2024	1,357,113	+3.0	118,023	+57.7	100,619	+21.4	33.3	+12.5

All-Time High Quarterly Results

	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS
Record	1,475,508	118,023	116,830	98,852	47.1
Fiscal Year	Mar, 2024	Sep, 2024	Mar, 2024	Mar, 2024	Mar, 2024

Key Balance Sheet Figures

Fiscal Year	BPS	Equity Ratio	Total Asset	Equity	Retained Earnings	Interest-Bearing Debt Ratio	Announce	Accounting Standards
Mar, 2022	1,409.08	58.3	5,107,973	2,975,941	2,464,966	0.11	Apr 28, 2022	IFRS
Mar, 2023	1,533.98	58.0	5,582,519	3,239,027	2,636,136	0.12	Apr 28, 2023	IFRS
Mar, 2024	1,790.63	60.6	6,167,340	3,739,324	3,102,755	0.11	Apr 26, 2024	IFRS
Apr - Sep, 2024	ー	61.6	6,092,803	3,753,772	3,106,567	0.10	Oct 31, 2024	IFRS

Mitsubishi Electric Corporation(6503) Financial Results