{
  "id": 18479789,
  "title": "Mitsubishi Heavy raises order target and announces first buyback",
  "url": "https://urgent.news/2026/11/06/mitsubishi-heavy-raises-order-target-and-announces-first-buyback",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-06T09:53:29.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/earnings/mitsubishi-heavy-raises-order-target-and-announces-first-buyback-93CH-5007066"
  },
  "original_language": "en",
  "account": "Mitsubishi Heavy Industries has boosted its full-year order target by ¥600.0 billion to ¥3.0 trillion, marking a 13% increase compared to the previous year, according to a statement released Friday. This upward revision comes following a surge in demand during the second quarter. The company secured nine substantial new gas turbine combined cycle orders, amounting to a capacity of 4 gigawatts, with seven of these orders coming from clients in the Americas.\n\nIn addition to the order target expansion, Mitsubishi Heavy Industries has also raised its nuclear order target to ¥600.0 billion, reflecting an 11% increase from earlier projections. The firm announced its inaugural share buyback program, which will see the repurchase of up to 120 million shares, representing 3.6% of its outstanding stock. The company has raised its forecast for free cash flow to ¥800.0 billion, demonstrating confidence in its financial outlook.\n\nFurthermore, Mitsubishi Heavy Industries has projected an increase in its return on equity target to 14%, up from the previously set 12% goal. The company has also provisioned an additional ¥67.5 billion to cover anticipated warranty expenses for two domestic integrated gasification combined cycle projects. This report was produced with the assistance of artificial intelligence and subsequently reviewed by a human editor. For further details, readers are directed to the Terms and Conditions outlined in the article.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}