Mitsubishi Corp

8058: XTKS (JPN)
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Mitsubishi Earnings: Interim Profit Tracking Guidance; Valuation Unchanged

Mitsubishi's September-quarter net profit dropped 42% year over year to JPY 153 billion due to seasonal factors, continued weakness in steel and coal prices, and the absence of one-off gains. The company is keeping its fiscal-year (ending March 2026) net profit guidance at JPY 700 billion.

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