Mitsubishi Electric (MIELY) Projects Lower Revenue but Higher Profits for FY26

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  • Mitsubishi Electric's fiscal year net profit stands at ¥324 billion.
  • Revenue sees a 4.9% growth, reaching ¥5.52 trillion.
  • FY26 forecast predicts a decline in revenue but a rise in operating profits.

Mitsubishi Electric's Financial Performance Overview

Mitsubishi Electric (MIELY) has reported impressive financial results for the fiscal year, achieving a net profit of ¥324 billion. The company's revenue has surged to ¥5.52 trillion, reflecting a 4.9% increase over the prior year. This uptick in revenue showcases Mitsubishi Electric's robust performance across its various sectors.

Future Projections: FY26 Revenue and Profit Insights

Looking towards the future, Mitsubishi Electric anticipates a shift in its financial landscape by FY26. The company forecasts a slight decline in revenue to ¥5.4 trillion. However, it's not all downside, as operating profits are projected to increase significantly by ¥38.1 billion, culminating in a total of ¥430 billion. This expected growth in operating profits demonstrates Mitsubishi Electric's strategic focus on operational efficiency and profitability improvement.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.