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36	36	== Annual Financial Highlights ==
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38	38	During FY2022 ended March 31, 2023, Mitsubishi has received orders of ¥4,501.3 billion as compared to ¥4,067.7 billion a year earlier. Orders increased YoY in Energy Systems and Logistics, Thermal & Drive Systems. In terms of major businesses, orders grew YoY in Gas Turbine Combined Cycle (GTCC), Aero Engines, Logistics Systems, and HVAC. Revenue reported during the periods are ¥4,202.7 billion and ¥3,860.2 billion, respectively. Revenue exceeded FY2021 levels in all segments and hit an all-time high. In terms of major businesses, both new installations and services grew in GTCC. Aero Engines turnover expanded due to the recovery in demand.
39		-Revenue increased in Logistics Systems due to higher deliveries in the second half and service businesses expansion.  Business profit of the company is ¥193.3 billion in FY22 as compared to ¥160.2 billion in FY21, an improvement of 21% year on year. Despite downward pressure from materials and logistics cost inflation as well as one-time expenses associated with certain Japanese domestic and international projects, business profit increased by
40		-21% YoY to ¥193.3 bn due to revenue increases, stronger services business, price optimization,
41		-and sales of fixed assets. Net income is ¥130.4 billion and ¥113.5 billion for the years, respectively. Return on equity (ROE) has increased by 0.2% YoY to 7.9%, dividend per share is ¥130, an increase of ¥30 per share YoY.
	39	+Revenue increased in Logistics Systems due to higher deliveries in the second half and service businesses expansion.  Business profit of the company is ¥193.3 billion in FY22 as compared to ¥160.2 billion in FY21, an improvement of 21% year on year. Despite downward pressure from materials and logistics cost inflation as well as one-time expenses associated with certain Japanese domestic and international projects, business profit increased by 21% YoY to ¥193.3 bn due to revenue increases, stronger services business, price optimization, and sales of fixed assets. Net income is ¥130.4 billion and ¥113.5 billion for the years, respectively. Return on equity (ROE) has increased by 0.2% YoY to 7.9%, dividend per share is ¥130, an increase of ¥30 per share YoY.
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