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Mitsubishi Heavy Industries, Ltd. © Mitsubishi Heavy Industries, Ltd. All Rights Reserved. August 4, 2026 Q1 FY2026 Financial Results
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© Mitsubishi Heavy Industries, Ltd. All Rights Reserved. 2 Agenda 1. Key Takeaways 3-5 2. Q1 FY2026 Financial Results 6-14 • Financial Results Overview • Financial Position • Profit Bridge • Financial Results by Segment 3. FY2026 Earnings Forecast 15-19 • Earnings Forecast Overview • Earnings Forecast by Segment 4. Appendix 20-23 Notes: • FY2025 results related to the former Mitsubishi Logisnext Co., Ltd., its subsidiaries, and affiliates (hereafter referred to as “ML”) – which were removed from the Company’s consolidated base on May 1, 2026 – appearing on both the statement of profit or loss and the statement of financial position have been reclassified in accordance with International Financial Reporting Standards (IFRS). • As a result of organizational changes which came into effect on April 1, 2026, the Logistics, Thermal & Drive Systems segment has been renamed Industrial Solutions, and the Data Center & Energy Management Department has been moved into this segment. The figures for Q1 FY2025 have been retroactively adjusted to reflect these changes.
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© Mitsubishi Heavy Industries, Ltd. All Rights Reserved. 1. Key Takeaways
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© Mitsubishi Heavy Industries, Ltd. All Rights Reserved. 4 Q1 FY2026 Financial Results Business Profit (billion yen) Net Income Order Intake Revenue EBITDA 190.3 billion yen (+¥64.9 bn YoY) Free Cash Flow 391.5 billion yen (+¥327.1 bn YoY) EBITDA Margin 15.9% (+3.8 pts YoY) Operating Cash Flow ¥284.5 bn (+¥194.9 bn YoY) Interest-Bearing Debt 519.8 billion yen (-¥130.5 bn YoY) Net Interest-Bearing Debt -¥1,164.2 bn (-¥1,142.7 bn YoY) excl. ML 944.5 excl. ML 1,034.1 1,194.2 1,111.5 1,193.6 +16% excl. ML 1,680.4 excl. ML 1,609.2 2,022.4 1,847.5 1,768.6 +26% 62.2 68.2 134.6 excl. ML 70.8 (7.5%)* excl. ML 96.6 (9.4%)* 159.6 (13.4%)* 83.5 104.1 +97% +65% Q1 FY24 Q1 FY25 Q1 FY26 Order Backlog ¥14.1 tr D/E Ratio 0.16 (-0.10 YoY) Equity Ratio 38.9% (+3.7 pts YoY) Q1 FY24 Q1 FY25 Q1 FY26 Q1 FY24 Q1 FY25 Q1 FY26 Q1 FY24 Q1 FY25 Q1 FY26 *Business profit margin
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© Mitsubishi Heavy Industries, Ltd. All Rights Reserved. 5 Q1 FY2026 Financial Results Highlights ◼ Order Intake: ¥2,022.4 bn (+¥413.2 bn [+26%] YoY) Order intake grew YoY in Energy Systems, Plants & Infrastructure Systems, and Industrial Solutions. In terms of major businesses, order intake increased significantly in Gas Turbine Combined Cycle (GTCC). Order backlog increased by ¥865.3 bn to ¥14,103.0 bn from FY2025 year-end. ◼ Revenue: ¥1,194.2 bn (+¥160.0 bn [+16%] YoY) Revenue increased YoY in Energy Systems, Industrial Solutions, and Aircraft, Defense & Space. In terms of major businesses, revenue increased significantly in GTCC and Nuclear Power. ◼ Business Profit: ¥159.6 bn (+¥62.9 bn [+65%] YoY) Business profit increased YoY in all segments, with significant growth in GTCC and Nuclear Power ◼ Net Income: ¥134.6 bn (+¥66.4 bn [+97%] YoY) Net income increased YoY due to higher business profit, as well as recognition of foreign exchange gain arising from continued yen depreciation
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© Mitsubishi Heavy Industries, Ltd. All Rights Reserved. 2. Q1 FY2026 Financial Results
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© Mitsubishi Heavy Industries, Ltd. All Rights Reserved. 7 Financial Results Overview (billion yen) Q1 FY2025 (Profit Margin) Q1 FY2026 (B) (Profit Margin) YoY (B) – (A) (Profit Margin) (YoY%) Excl. ML* (A) Order Intake 1,768.6 1,609.2 2,022.4 +413.2 (+25.7%) Revenue 1,193.6 1,034.1 1,194.2 +160.0 (+15.5%) Profit from Business Activities 104.1 96.6 159.6 +62.9 (+65.1%) (8.7%) (9.4%) (13.4%) (+4.0 pts) Profit Attributable to Owners of Parent 68.2 68.2 134.6 +66.4 (+97.4%) (5.7%) (6.6%) (11.3%) (+4.7 pts) EBITDA 143.2 125.4 190.3 +64.9 (+51.8%) (12.0%) (12.1%) (15.9%) (+3.8 pts) Free Cash Flow 64.3 64.3 391.5 +327.1 Operating Cash Flow 89.6 89.6 284.5 +194.9 Investing Cash Flow -25.3 -25.3 106.9 +132.2 *Excl. ML: FY2025 results retroactively adjusted in accordance with methodology outlined on p.2
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© Mitsubishi Heavy Industries, Ltd. All Rights Reserved. 8 Financial Position (billion yen) FY2025 Year-End Q1 FY2026 Quarter-End Variance Trade Receivables and Contract Assets 2,127.7 1,898.3 -229.3 Inventories 1,041.8 1,154.8 +112.9 Other Current Assets 2,270.7 2,217.1 -53.6 (Cash and Cash Equivalents) (1,334.8) (1,684.0) (+349.2) (Assets Held for Sale) (548.4) - (-548.4) Fixed Assets 978.3 983.1 +4.8 Other Non-Current Assets 1,850.9 1,897.7 +46.8 Total Assets 8,269.7 8,151.3 -118.3 Trade Payables 1,000.8 913.4 -87.3 Contract Liabilities 2,161.8 2,483.2 +321.3 Other Liabilities 1,362.8 995.2 -367.6 (Liabilities Held for Sale) (281.9) - (-281.9) Interest-Bearing Debt 515.7 519.8 +4.1 Equity 3,228.4 3,239.5 +11.1 (Equity Attributable to Owners of Parent) (3,088.5) (3,171.2) (+82.6) Total Liabilities and Equity 8,269.7 8,151.3 -118.3
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© Mitsubishi Heavy Industries, Ltd. All Rights Reserved. 9 Profit Bridge Wage increases, others (billion yen) Q1 FY26 Business Profit 159.6 Q1 FY25 Business Profit 104.1 Changes in revenue, margin improvements Foreign exchange impact +9.0 +55.0 +5.0 Changes in gains on asset sales -7.5 -6.0 Deduction of ML portion Q1 FY25 Business Profit (excl. ML) 96.6 Q1 FY25: 5.0 Q1 FY26: 10.0 +62.9bn (+65%)
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© Mitsubishi Heavy Industries, Ltd. All Rights Reserved. 10 Financial Results by Segment (billion yen) Order Intake Revenue Profit from Business Activities Q1 FY25* Q1 FY26 YoY Q1 FY25* Q1 FY26 YoY Q1 FY25* Q1 FY26 YoY (%) Energy Systems 871.3 1,359.3 +488.0 423.2 536.3 +113.1 56.4 101.3 +44.9 (+80%) Plants & Infrastructure Systems 239.5 368.8 +129.2 207.9 200.0 -7.9 18.5 21.7 +3.1 (+17%) Industrial Solutions 162.7 193.0 +30.3 154.6 177.9 +23.2 4.0 9.9 +5.9 (+146%) Aircraft, Defense & Space 350.8 120.9 -229.8 260.5 286.0 +25.5 28.8 32.4 +3.6 (+13%) Others, Corporate & Eliminations -15.2 -19.7 -4.4 -12.2 -6.1 +6.0 -11.1 -5.8 +5.2 (-) Total 1,609.2 2,022.4 +413.2 1,034.1 1,194.2 +160.0 96.6 159.6 +62.9 (+65%) *FY2025 results retroactively adjusted in accordance with methodology outlined on p.2
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© Mitsubishi Heavy Industries, Ltd. All Rights Reserved. 11 RevenueOrder Intake Q1 FY25 Q1 FY26 GTCC 602.5 930.0 Steam Power 92.9 160.8 Aero Engines 62.8 98.6 Nuclear Power 101.4 155.5 Financial Results: Energy Systems Takeaways FY25 FY26 ◼ In GTCC, order intake particularly strong in North America and Asia. Business profit increased from revenue growth and improved margins. ◼ In Steam Power, order intake strong in Middle East and Asia ◼ In Aero Engines, order intake and revenue increased particularly in maintenance, repair & overhaul (MRO) ◼ In Nuclear Power, both order intake and revenue strong ◼ Raised full-year order intake forecast GTCC Steam Power Aero Engines Nuclear Power Others Increase: - GTCC - Nuclear Power YoY Changes in Business Profit Order Intake(billion yen) Revenue Business Profit Q1 FY25 Q1 FY26 196.8 274.9 96.2 86.9 59.4 76.0 53.7 80.3 Main Businesses FY25 FY26 FY25 FY26 (Q1) 423.2 (Q1) 536.3 18.9% 13.3% (Q1) 871.3 (Q1) 1,359.3 (Q1) 56.4 (Q1) 101.3 Full Year 3,936.7 3,550.0 (prev. 3,450.0) Q1 Progress 22% 38% 2,062.6 2,200.0 21% 24% 267.2 340.0 21% 30% +80%
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© Mitsubishi Heavy Industries, Ltd. All Rights Reserved. 12 RevenueOrder Intake Q1 FY25 Q1 FY26 Engineering 42.1 46.7 Metals Machinery 65.8 125.2 Machinery Systems 53.3 69.5 Financial Results: Plants & Infrastructure Systems Takeaways ◼ Order intake strong in Metals Machinery and Commercial Ships (included in Others category) ◼ Business profit increased in Engineering due to higher revenue while decreasing in Metals Machinery and Machinery Systems from decline in revenue Main Businesses Increase: - Engineering - Others Decrease: - Metals Machinery - Machinery Systems YoY Changes in Business Profit Order Intake(billion yen) Revenue Business Profit Engineering Metals Machinery Machinery Systems Others Q1 FY25 Q1 FY26 30.4 36.6 97.9 91.5 40.3 35.5 (Q1) 239.5 (Q1) 207.9 (Q1) 200.0 (Q1) 18.5 10.9%8.9% (Q1) 368.8 (Q1) 21.7 Full Year 1,158.0 1,000.0 Q1 Progress 21% 37% 880.8 950.0 24% 21% 84.1 90.0 22% 24% +17% FY25 FY26 FY25 FY26 FY25 FY26
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© Mitsubishi Heavy Industries, Ltd. All Rights Reserved. 13 RevenueOrder Intake Q1 FY25 Q1 FY26 Engines & Turbochargers 60.2 70.7 HVAC & Car A/C 86.5 99.5 Financial Results: Industrial Solutions Takeaways ◼ Order intake strong in Engines for Asian markets and in large chillers (HVAC) for Japan ◼ Business profit increased due to higher revenue in Engines and yen depreciation impact Increase: - Engines - HVAC2 YoY Changes in Business Profit Order Intake1(billion yen) Revenue1 Business Profit1 Q1 FY25 Q1 FY26 60.7 71.4 81.0 87.2 HVAC & Car A/C Engines & Turbochargers Main Businesses (Q1) 162.7 (Q1) 193.0 (Q1) 154.6 (Q1) 177.9 (Q1) 9.9 5.6% 2.6% (Q1) 4.0 Full Year 704.7 750.0 Q1 Progress 23% 26% 699.9 750.0 22% 24% -2.0 30.0 - 33% 1 FY2025 results retroactively adjusted to reflect April 1, 2026, organizational changes 2 HVAC: Heating, Ventilation & Air Conditioning +146% Others FY25 FY26 FY25 FY26 FY25 FY26
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© Mitsubishi Heavy Industries, Ltd. All Rights Reserved. 14 RevenueOrder Intake Q1 FY25 Q1 FY26 Defense & Space 291.8 51.6 Commercial Aviation 59.0 69.2 Financial Results: Aircraft, Defense & Space Takeaways ◼ In Defense & Space, order intake decreased due to high base effect from large orders booked in Q1 FY2025, while revenue and business profit increased due to steady progress in project execution ◼ In Commercial Aviation, revenue and business profit increased due to higher unit deliveries and yen depreciation impact ◼ Raised full-year order intake forecast Increase: - Defense & Space - Commercial Aviation YoY Changes in Business Profit Order Intake Revenue Business Profit Q1 FY25 Q1 FY26 202.1 216.3 58.4 69.7 Defense & Space Commercial Aviation (Q1) 350.8 (Q1) 120.9 (Q1) 286.0 11.3%11.1% (billion yen) (Q1) 32.4 (Q1) 28.8 Main Businesses (Q1) 260.5 Full Year 1,929.4 1,750.0 (prev. 1,650.0) Q1 Progress 18% 7% 1,393.8 1,500.0 19% 19% 151.5 170.0 19% 19% +13% FY25 FY26 FY25 FY26 FY25 FY26
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© Mitsubishi Heavy Industries, Ltd. All Rights Reserved. 3. FY2026 Earnings Forecast Forecasts regarding future performance in these materials are based on judgments made in accordance with information available at the time this presentation was prepared. As such, these projections involve risks and uncertainties. Investors are recommended not to depend solely on these projections when making investment decisions. Actual results may vary significantly from these projections due to a number of factors, including, but not limited to, economic trends affecting the Company’s operating environment, fluctuations in the value of the Japanese yen to the U.S. dollar and other foreign currencies, and trends in Japan’s stock markets. The earnings projected here should not be construed in any way as a guarantee by the Company. The earnings forecast provided herein excludes impact from the situation in the Middle East. While current impact is limited, the Company will continue to monitor this evolving situation.
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© Mitsubishi Heavy Industries, Ltd. All Rights Reserved. 16 ROE 12.2% 12% 12% - EBITDA 553.7 660.0 660.0 +106.2 (+19.2%) (11.1%) (12.2%) (12.2%) (+1.1 pts) Free Cash Flow 893.4 300.0 600.0 -293.4 Dividends 25 yen 29 yen 29 yen Interim: 12 yen Year-End: 13 yen Interim: 14 yen Year-End: 15 yen Interim: 14 yen Year-End: 15 yen FY2025 (Profit Margin) FY2026 (Profit Margin) YoY (Profit Margin) (YoY%) (billion yen) Previous Revised Order Intake 7,653.6 6,800.0 7,000.0 -653.6 (-8.5%) Revenue 4,974.1 5,400.0 5,400.0 +425.8 (+8.6%) Profit from Business Activities 432.2 540.0 540.0 +107.7 (+24.9%) (8.7%) (10.0%) (10.0%) (+1.3 pts) Profit Attributable to Owners of Parent 332.1 380.0 380.0 +47.8 (+14.4%) (6.7%) (7.0%) (7.0%) (+0.3 pts) *Earnings forecast excludes impact from Middle East situation Revised from forecast announced May 12, 2026 Earnings Forecast Overview Exchange rate assumptions: USD 1.00 = ¥150 EUR 1.00 = ¥180
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© Mitsubishi Heavy Industries, Ltd. All Rights Reserved. 17 Earnings Forecast by Segment (billion yen) Order Intake Revenue Profit from Business Activities FY25* FY26 Forecast YoY FY25* FY26 Forecast YoY FY25* FY26 Forecast YoY (%)Previous Revised Energy Systems 3,936.7 3,450.0 3,550.0 -386.7 2,062.6 2,200.0 +137.3 267.2 340.0 +72.7 (+27%) Plants & Infrastructure Systems 1,158.0 1,000.0 1,000.0 -158.0 880.8 950.0 +69.1 84.1 90.0 +5.8 (+7%) Industrial Solutions 704.7 750.0 750.0 +45.2 699.9 750.0 +50.0 -2.0 30.0 +32.0 (-) Aircraft, Defense & Space 1,929.4 1,650.0 1,750.0 -179.4 1,393.8 1,500.0 +106.1 151.5 170.0 +18.4 (+12%) Others, Corporate & Eliminations -75.3 -50.0 -50.0 +25.3 -63.1 0.0 +63.1 -68.5 -90.0 -21.4 (-) Total 7,653.6 6,800.0 7,000.0 -653.6 4,974.1 5,400.0 +425.8 432.2 540.0 +107.7 (+25%) Revised from forecast announced May 12, 2026 *FY2025 results retroactively adjusted to reflect April 1, 2026, organizational changes
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© Mitsubishi Heavy Industries, Ltd. All Rights Reserved. 18 ◼ Strong order intake to continue primarily in GTCC despite YoY decline. Increased full-year GTCC guidance based on progress through Q1. ◼ Revenue to grow on back of strong order intake in GTCC and Nuclear Power Earnings Forecast by Segment: Energy Systems and Plants & Infrastructure Systems GTCC Steam Power Aero Engines Nuclear Power Others FY25 FY26 3,936.7 3,550.0 (prev. 3,450.0) 2,200.0 15.5% 2,062.6 FY2026 Forecast Takeaways FY25 FY26 FY25 FY26 267.2 340.0 Order Intake Revenue Business Profit Order Intake FY25 FY26 Fcst GTCC 2,652.6 2,400.0 (prev. 2,300.0) Steam Power 413.7 330.0 Aero Engines 291.7 260.0 Nuclear Power 540.6 450.0 Revenue FY25 FY26 Fcst 992.2 1,100.0 367.5 330.0 274.1 260.0 361.1 400.0 ◼ Order intake to decrease YoY in Engineering due to high base effect from large project booked in FY25 ◼ Aiming to steadily execute backlog accumulated over past 3 years primarily in Metals Machinery FY2026 Forecast Takeaways Order Intake FY25 FY26 Fcst Engineering 381.9 180.0 Metals Machinery 307.6 350.0 Machinery Systems 195.2 180.0 Revenue FY25 FY26 Fcst 161.6 180.0 365.6 400.0 181.9 180.0 FY25 FY26 1,158.0 1,000.0 950.0 9.5% 880.8 FY25 FY26 FY25 FY26 84.1 90.0 Order Intake Revenue Business Profit 13.0% 9.5% Engineering Metals Machinery Machinery Systems Others (billion yen) (billion yen) Energy Systems Plants & Infrastructure Systems +27% +7% Unchanged from previous fcst
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© Mitsubishi Heavy Industries, Ltd. All Rights Reserved. 19 ◼ Forecasting increase in Engines and HVAC units sold Earnings Forecast by Segment: Industrial Solutions and Aircraft, Defense & Space Engines & Turbochargers HVAC & Car A/C FY25 FY26 704.7 750.0 750.0 4.0% 699.9 FY25 FY26 FY25 FY26 -2.0 30.0 Order Intake* Revenue* Business Profit* Order Intake FY25 FY26 Fcst Engines & Turbochargers 285.0 300.0 HVAC & Car A/C 361.0 370.0 Revenue FY25 FY26 Fcst 285.6 300.0 353.1 370.0 ◼ Defense & Space to maintain high order intake despite YoY decline* *Forecasting YoY increase in order intake when excluding Australian frigate program booked in FY25 ◼ Revenue expected to increase primarily in Defense Aircraft & Missile Systems Order Intake FY25 FY26 Fcst Defense & Space 1,682.6 1,500.0 (prev. 1,400.0) Commercial Aviation 246.8 250.0 Revenue FY25 FY26 Fcst 1,144.5 1,250.0 249.2 250.0 FY25 FY26 1,929.4 1,500.0 11.3% 1,393.8 FY25 FY26 FY25 FY26 151.5 170.0 Order Intake Revenue Business Profit 10.9% Defense & Space Commercial Aviation (billion yen) Industrial Solutions Aircraft, Defense & Space (billion yen) FY2026 Forecast Takeaways FY2026 Forecast Takeaways Others Return to Profitability +12% *FY25 results retroactively adjusted to reflect April 1, 2026, organizational changes 1,750.0 (prev. 1,650.0) Unchanged from previous fcst
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© Mitsubishi Heavy Industries, Ltd. All Rights Reserved. 4. Appendix
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© Mitsubishi Heavy Industries, Ltd. All Rights Reserved. 21 Appendix: Reference Data Large Frame Gas Turbine Order Intake and Contract Backlog (units) Commercial Aviation Deliveries (units) 777 Q1 Q2 Q3 Q4 Total FY25 6 8 4 5 23 FY26 7 7 777X Q1 Q2 Q3 Q4 Total FY25 0 3 5 1 9 FY26 1 1 787 Q1 Q2 Q3 Q4 Total FY25 18 17 16 22 73 FY26 21 21 (Reference) China Licensee Order Intake Q1 FY25 FY25 Q1 FY26 Order Intake 3 13 2 Q1 FY25 FY25 Q1 FY26 Americas 6 19 4 Asia 2 12 6 EMEA - 4 - Other Regions - - - Order Intake Total 8 (4 GW) 35 (16 GW) 10 (4 GW) Contract Backlog 53 (23 GW) 74 (33 GW) 80 (35 GW)
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© Mitsubishi Heavy Industries, Ltd. All Rights Reserved. 22 (billion yen) Q1 FY25 Q1 FY26 FY26 Forecast R&D Expenses3 46.1 65.4 350.0 Depreciation and Amortization 28.7 30.7 120.0 Capital Expenditures4 26.7 27.9 210.0 (billion yen) FY25 Year-End Q1 FY26 Quarter-End Energy Systems 6,983.2 7,814.6 Plants & Infrastructure Systems 2,102.8 2,286.1 Industrial Solutions2 87.5 103.2 Aircraft, Defense & Space 4,063.2 3,898.3 Others, Corporate & Eliminations2 0.8 0.6 Total 13,237.6 14,103.0 (billion, except where otherwise stated) USD EUR Amounts to Affect Business P/L 3.2 0.6 Amounts to Affect Finance Income/Costs 1.8 - Exchange Rate Assumptions ¥150.0 ¥180.0 Foreign Currency Amounts Expected to Affect P/L Q1 FY25 Q1 FY26 U.S. Dollar (JPY/USD) 145.8 157.2 Euro (JPY/EUR) 162.3 183.7 (billion yen) Q1 FY25 Q1 FY26 SG&A 144.4 152.7 Appendix: Reference Data1 R&D Expenses, Depreciation and Amortization, and Capital Expenditures Selling, General, and Administrative Expenses Foreign Exchange Rates (Average Rates Used for Revenue Recognition) Order Backlog Q1 FY25 Q1 FY26 GTCC 55% 45% Steam Power 67% 79% Aero Engines 73% 72% Nuclear Power 74% 66% Segment Total 64% 59% Energy Systems After-Sales Services Revenue Ratios (Cumulative) 1 FY25 results exclude ML 2 FY25 results retroactively adjusted to reflect April 1, 2026, organizational changes 3 R&D Expenses include R&D contracted to MHI by third parties 4 Capital expenditures include costs incurred during acquisition of fixed assets related to production preparation services rendered for consideration
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© Mitsubishi Heavy Industries, Ltd. All Rights Reserved. 23 Energy Systems Plants & Infrastructure Systems Industrial Solutions* Aircraft, Defense & Space 159.6 (30%) 68.0 (16%) 77.9 (15%) 149.2 (36%) 216.7 (40%) 64.7 (15%) 82.0 (15%) 141.1 ( 33 %) 39.0 (22%) 56.2 (37%) 63.5 (36%) 25.0 (16%) 32.7 (18%) 37.7 (24%) 42.5 (24%) 35.8 ( 23 %) 77.2 (38%) 39.4 ( 19 %) 45.2 (23%) 54.1 (26%) 35.1 (18%) 28.0 (13%) 42.4 (21%) 86.2 (42%) 209.2 (74%) 0.3 (0%) 0.7 (0%) 72.6 (25%) 1.6 (1%) 3.4 (1%) 196.1 ( 75 %) Total Q1 FY25 Q1 FY26 Japan 446.9 (43%) 478.8 (40%) Asia-Pacific (excl. Japan) 164.2 (16%) 187.5 (16%) Americas 290.8 (28%) 357.4 (30%) EMEA 132.2 (13%) 170.4 (14%) Total 1,034.1 1,194.2 446.9 478.8 187.5 290.8 357.4 132.2 170.4 164.2 ■Q1 FY25 ■Q1 FY26 (billion yen) (billion yen) (billion yen) (billion yen) (billion yen) ■ Q1 FY25 (Total: 423.2) ■ Q1 FY26 (Total: 536.3) ■ Q1 FY25 (Total: 154.6) ■ Q1 FY26 (Total: 177.9) ■ Q1 FY25 (Total: 207.9) ■ Q1 FY26 (Total: 200.0) ■ Q1 FY25 (Total: 260.5) ■ Q1 FY26 (Total: 286.0) Japan Asia-Pacific (excl. Japan) Americas EMEA Japan Asia-Pacific (excl. Japan) Americas EMEA Japan Asia-Pacific (excl. Japan) Americas EMEA Japan Asia-Pacific (excl. Japan) Americas EMEA Japan Asia-Pacific (excl. Japan) Americas EMEA Appendix: Revenue by Region *FY25 results retroactively adjusted to reflect April 1, 2026, organizational changes 62.3 (24%)