Loss recognition from provisioning for product warranty costs for a specific project
Mitsubishi Heavy Industries,Ltd. (filing company/the company)
Nakoso and Hirono IGCC plants
Based on the status of discussions with relevant parties and the latest technical verification, the company determined that some parts would need to be replaced at regular intervals in the future to ensure stable operation of the power plants.
¥67.5 billion (product warranty costs, provision recognized, operating loss)
Second quarter of the fiscal year ending March 2027
Included in the consolidated earnings forecast for the fiscal year ending March 2027
The company has determined that some parts will need to be replaced at regular intervals in the future to ensure stable operation of the power plants.
| Item | Details |
|---|---|
| Event name | Loss recognition from provisioning for product warranty costs for a specific project |
| Subject Entity | Mitsubishi Heavy Industries,Ltd. (filing company/the company) |
| Target Locations / Products | Nakoso and Hirono IGCC plants |
| Cause | Based on the status of discussions with relevant parties and the latest technical verification, the company determined that some parts would need to be replaced at regular intervals in the future to ensure stable operation of the power plants. |
| Amount of Impact on Business Performance | ¥67.5 billion (product warranty costs, provision recognized, operating loss) |
| Accounting period in which recognized | Second quarter of the fiscal year ending March 2027 |
| Impact on Earnings Forecast | Included in the consolidated earnings forecast for the fiscal year ending March 2027 |
| Outlook | The company has determined that some parts will need to be replaced at regular intervals in the future to ensure stable operation of the power plants. |
Items this document does not state (17)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Based on the status of discussions with relevant parties and the latest technical verification, the company determined that some parts would need to be replaced at regular intervals in the future to ensure stable operation of the power plants.