Mitsubishi Earnings: Energy and Capital Recycling Pushes Net Profit Higher; Fair Value Raised by 7%
Mitsubishi's first-quarter fiscal 2026 (ending March 2027) net income was JPY 298.5 billion, up 47% year over year, driven by higher Energy profits, stronger mineral prices, one-off gains from capital recycling, and a weaker yen. Underlying operating cash flow rose 36%.