Mitsubishi Electric Announces Consolidated Financial Results for the First Quarter of Fiscal 2027
Mitsubishi Electric Announces Consolidated Financial Results for the First Quarter of Fiscal 2027
Mitsubishi Electric Corporation (TOKYO: 6503) announced today its consolidated financial results for the first quarter, ended June 30, 2026, of the current fiscal year ending March 31, 2027 (fiscal 2027).
The full document on Mitsubishi Electric’s financial results can be viewed at the following link:
www.MitsubishiElectric.com/en/pr
Consolidated Financial Results
| Billions of yen | Q1 FY26 |
Q1 FY27 |
YoY |
|
Revenue |
1,312.8 |
1,497.1 |
+184.2 |
114% |
Adjusted operating profit |
93.8 |
144.3 |
+50.4 |
154% |
% |
7.1% |
9.6% |
+2.5pt |
- |
Profit before income taxes |
124.0 |
157.0 |
+33.0 |
127% |
Net profit attributable to Mitsubishi Electric Corp. stockholders |
90.9 |
109.8 |
+18.8 |
121% |
Note: |
Adjusted operating profit is calculated by deducting other profit (loss), including gains (losses) on the sale of businesses and assets as well as impairment losses, from operating profit. |
Key Points
1. Q1FY27: Revenue ¥1,497.1 bn (+¥184.2 bn YoY), Adjusted Operating Profit ¥144.3 bn (+¥50.4 bn YoY)
- Revenue increased YoY across all segments, led mainly by increases in the Industry & Mobility and Life segments.
- Adjusted operating profit increased YoY due primarily to growth in the business scale mainly in factory automation systems, defense & space systems, and air conditioning systems & home products and price improvements in mass production businesses, as well as the impact of the weaker yen.
- Both revenue and adjusted operating profit reached record highs for Q1.
2. FY27 Forecast: Revenue ¥6,270.0 bn (+¥70.0 bn from the previous forecast), Adjusted Operating Profit ¥620.0 bn (+¥30.0 bn from the previous forecast)
- Both revenue and profit is expected to exceed the previous forecast mainly due to an increase in business volume expected in factory automation systems due to growing demand related to artificial intelligence (AI) and semiconductors, as well as the impact of a weaker-than-expected yen in Q1.
- The Mitsubishi Electric Group will steadily promote initiatives to strengthen the resilience of its management structure, including improvements in product prices, cost reductions, and the optimization of indirect costs.
Note: |
The results forecast above is based on assumptions deemed reasonable by Mitsubishi Electric at the present time, and actual results may differ significantly from forecasts. Please refer to the cautionary statement in the full document. |
Investor Relations Inquiries
Corporate IR and SR Division
Mitsubishi Electric Corporation
www.MitsubishiElectric.com/en/contact/
Media Inquiries
Hiroto Shibata
Public Relations Division
Mitsubishi Electric Corporation
Tel: +81-3-3218-2332
prd.gnews@nk.MitsubishiElectric.co.jp
www.MitsubishiElectric.com/en/pr/
View source version on businesswire.com: https://www.businesswire.com/news/home/20260730240773/en/
The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
4 Stocks to Buy Before They Rise Further
2 Undervalued Stocks to Buy Before They Rebound
The 10 Best Companies to Invest in Now
The 10 Best Dividend Stocks
United States