Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek".
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An employee stands next to heliostats at Mitsubishi Hitachi Power Systems Ltd.'s (MHPS) solar thermal power system verification testing facility at the MHPS Yokohama Works in Yokohama, Japan.
Mitsubishi Heavy Industries Ltd. returned to profitability in the latest fiscal year, buoyed by its first revenue growth in four years, as the Japanese industrial conglomerate seeks to recover from pandemic-fueled disruptions, parts shortages and a costly foray into regional aircraft.
Shares in Mitsubishi Heavy rose as much as 5% after the company reported operating profit of 28.3 billion yen ($218 million) for the fiscal period through March. Revenue rose 4.3% to 3.86 trillion yen.