Mitsubishi Corp. first-quarter profit climbs 47 percent, backs full-year outlook

Earnings

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Summary · why it matters

Mitsubishi Corp. reported a 47 percent rise in first-quarter profit attributable to owners of the parent to 298.52 billion yen, up from 203.12 billion yen a year earlier, while revenues climbed 22.8 percent to 5.18 trillion yen. The Japanese conglomerate maintained its forecast for the fiscal year ending March 31, 2027, projecting profit attributable to owners of the parent of 1.10 trillion yen, a 37.4 percent increase from the prior year. Despite the results, shares in Tokyo fell around 2.9 percent to 4,639.00 yen.

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