Thedivision posted an operating loss of JPY 5.5bn ($54m) versus an operatingprofit of JPY 11.5bn for FY2012.
MHIsaid shipbuilding net sales declined 42% year-on-year to JPY 183.8bn, whileorders received fell 118.5% to JPY 136.9bn.
InFY2013 the shipbuilder won orders for only eight ships with four of thosecoming in the fourth quarter.
The previous year saw the company bag 29newbuilding orders with 24 of them coming in the fourth quarter.
Mitsubishi has anorder backlog of 41 ships comprising eight LNG carriers, seven ferries, sevenpatrol vessels plus other undisclosed ship types.
The company has seenthe size of its workforce at its shipbuilding arm decline by 25% since FY2009 from4,969 to 3,708 at the end of FY2012.
OnThursday MHI disclosed that it had secured a newbuilding contract from NYK fora 155,300-cbm LNG carrier.
Thegas carrier was ordered on the back of a long-term charter from domesticutility giant Tokyo Electric Power Co (TEPCO).
The vessel, which is due for delivery in 2017,will be used to import LNG into Japan from the Wheatstone LNG project inAustralia.
