7011.T - Mitsubishi Heavy Industries, Ltd.

Tokyo - Tokyo Delayed Price. Currency in JPY
5,955.00
+170.00 (+2.94%)
At close: 03:15PM JST
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Previous Close5,785.00
Open5,850.00
Bid5,950.00 x 0
Ask5,957.00 x 0
Day's Range5,835.00 - 5,993.00
52 Week Range4,340.00 - 5,993.00
Volume3,440,900
Avg. Volume2,601,608
Market Cap1.999T
Beta (5Y Monthly)0.68
PE Ratio (TTM)15.41
EPS (TTM)386.48
Earnings DateAug 03, 2023 - Aug 07, 2023
Forward Dividend & Yield160.00 (2.69%)
Ex-Dividend DateSept 28, 2023
1y Target Est6,205.60
  • Reuters

    Mitsubishi Heavy expects record defence orders as Japan pours money into military

    TOKYO (Reuters) -Mitsubishi Heavy Industries on Wednesday said it expects to book record defence equipment orders this business year as Japan embarks on its biggest military expansion since World War Two. The government plan to double defence spending to around 2% of gross domestic product within five years includes subsidies to support Japan's fractured defense industry, and a pledge to make military contracts more profitable.

  • Reuters

    Japan awards Mitsubishi Heavy $2.8 billion missile contracts

    Japan has awarded its largest defence equipment maker Mitsubishi Heavy Industries contracts worth 378 billion yen ($2.84 billion) to develop and build a new missile force aimed at deterring China from using military force in East Asia. The four contracts include land, sea and air-launched missiles as well as a hypersonic ballistic warhead that it wants to begin deploying from 2026, Japan's Ministry of Defense said in a press release. In the wake of Russia's attack on Ukraine and amid growing concern that China could launch an attack on neighbouring Taiwan, Japan in December unveiled its biggest military build-up since World War Two that will double defence spending over five years.

  • Reuters

    Japan awards Mitsubishi Heavy $2.8 bln missile contracts

    Japan has awarded its largest defence equipment maker Mitsubishi Heavy Industries contracts worth 378 billion yen ($2.84 billion) to develop and build a new missile force aimed at deterring China from using military force in East Asia. The four contracts include land, sea and air-launched missiles as well as a hypersonic ballistic warhead that it wants to begin deploying from 2026, Japan's Ministry of Defense said in a press release. In the wake of Russia's attack on Ukraine and amid growing concern that China could launch an attack on neighbouring Taiwan, Japan in December unveiled its biggest military build-up since World War Two that will double defence spending over five years.

  • Motley Fool

    Should You Buy Lockheed Martin Stock, or Its New Rivals?

    Lockheed Martin is a familiar name to defense industry investors, but one foreign rival's stock looks twice as cheap.

  • Reuters

    Exxon, Japan's Mitsubishi Heavy tie-up in carbon capture technology

    Japan's Mitsubishi Heavy Industries (MHI) is allying with ExxonMobil Corp to use MHI's carbon dioxide (CO2) capture technology for ExxonMobil's end-to-end carbon capture and storage (CCS) solution, the companies said in a statement. The venture will get support from Japan's Kansai Electric Power Co (KEPCO), they added, with the technology aiming to cut the costs of CO2 capture for heavy-emitting industrial customers.

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  • Bloomberg

    A Startup Offers Japan's Aging CEOs a Worry-Free Succession Plan

    (Bloomberg) -- Like most aging chief executives in Japan, Sadatsugu Kishida had a list of demands before handing over the reins of his company.Most Read from BloombergLukoil Chairman Ravil Maganov Dies After Falling From Hospital WindowPutin Brings China and India to Russia for War Games Defying USHong Kong Officials Target End to Hotel Quarantine in NovemberJeremy Grantham Warns ‘Super Bubble’ in Stocks Has Yet to Burst“No job cuts. No company name change. You must understand and inherit my phi

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    Raytheon (RTX) Wins Deal to Aid DDG 1000 Class Combat System

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  • Motley Fool

    Lockheed Faces New Threat: A U.K.-Japan Fighter Jet

    Two years ago, in a landmark deal, the United States announced it would sell 105 F-35 Lightning II Joint Strike Fighters to Japan. Once completed, it would make Japan the world's No. 2 user of the F-35, second only to the United States. As keen as both Japan and the U.K. are to acquire America's most advanced (and in-production) fighter jet today, it turns out they're even more interested in acquiring something better later on.

  • Bloomberg

    Japan, South Korea Tackle Wartime Labor Issue That’s Soured Ties

    (Bloomberg) -- South Korea and Japan tried to resolve a dispute over compensation on wartime conscripted labor that has sent ties to new depths, causing difficulties for the US which relies on the cooperation of its two allies for security in the region.Most Read from BloombergKissinger Warns Biden Against Endless Confrontation With ChinaS&P 500 Struts Stuff With Best Day in Three Weeks: Markets WrapChina Disputes Report Xi Invited Europe Heads to Beijing MeetingSouth Korean Foreign Minister Par

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    General Dynamics (GD) Arm Wins Deal to Support Shipbuilding

    General Dynamics Corporation's (GD) business unit clinches a $600-million modification contract to provide long-lead-time material support for building three ships for the Navy.