MHI wins train order and Mitsubishi Heavy Industries stock costs EUR 20.84

Published on 10/12/2026 at 09:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The contract adds 8 two-car trains and takes planned deliveries to 33. Mitsubishi Heavy Industries stock was at EUR 20.84 on October 12, 2026.

Key points in brief

MHI received an October 5, 2026 order for 8 two-car trains for Singapore's Sengkang-Punggol LRT.
Planned deliveries under the capacity project rise to 33 trainsets.
First-quarter FY2026 revenue reached JPY 1.1942 trillion, up 16.00 percent year over year.
Mitsubishi Heavy Industries stock was at EUR 20.84 at Lang & Schwarz on October 12, 2026.

Mitsubishi Chemical, JP3900000005, Illustration mit AI erstellt.

MHI received an order for 8 additional two-car trains for Singapore's Sengkang-Punggol Light Rapid Transit system on October 5, 2026, while Mitsubishi Heavy Industries stock was at EUR 20.84 at Lang & Schwarz on October 12, 2026 at 8:59 a.m. CEST. The contract expands a capacity project that is planned to deliver 33 trainsets in total, according to Mitsubishi Heavy Industries.

What does the order add?

The Singapore Land Transport Authority order covers 16 cars and follows an earlier 2023 order for 8 additional trains. MHI supplied the original vehicles and systems for the line, and the latest award takes planned deliveries under the capacity upgrade to 33 trainsets, the company said on October 5, 2026.

First-quarter figures set the scale

The latest reported operating figures came from the first quarter of FY2026. According to Quartr, revenue increased 16.00 percent year over year to JPY 1.1942 trillion, while business profit rose 65.00 percent to JPY 159.6 billion. Order intake reached JPY 2.0224 trillion, up 26.00 percent, and the backlog stood at JPY 14.1 trillion.

The company maintained FY2026 revenue guidance of JPY 5.4 trillion and business profit guidance of JPY 540.0 billion. It also raised order intake guidance to JPY 7.0 trillion and lifted free cash flow guidance by JPY 300.0 billion to JPY 600.0 billion, according to the same October 5, 2026 summary.

Analyst target moved lower

A separate counterpoint came on October 1, 2026. According to Yahoo Finance, a Japanese brokerage kept a bullish rating but cut its target from JPY 5,600 to JPY 5,000. The target change puts greater weight on execution and valuation even as MHI's order intake and backlog provide operating visibility.

Stock price and company profile

Mitsubishi Heavy Industries had a market capitalization of JPY 12.3 trillion and a 52-week range of JPY 3,404.00 to JPY 5,208.00 as of October 9, 2026. The company is listed on the Tokyo Stock Exchange under ticker 7011 and operates across energy, infrastructure, industrial machinery, aviation, defense and space.

The further course of trading is shown by the continuously updated real-time quote of Mitsubishi Heavy Industries stock.