Mitsubishi Earnings: LNG and Commodity Price Drive Strong Earnings Beat; Raising Fair Value Estimate
Mitsubishi's first-half fiscal 2026 (ending March 2027) net profit was JPY 620 billion, up 71% year-over-year on an adjusted basis, on strong volume growth from energy, higher commodity prices, and a weaker JPY. Guidance was raised by 9%, and a new JPY 1 trillion share buyback was announced.