Mitsubishi Corporation stock reports 46.97 percent profit growth

Published on 10/05/2026 at 20:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mitsubishi Corporation stock was last at JPY 4,709 on October 5, while June-quarter net profit rose 46.97 percent year over year. SBI Securities kept a Buy rating with a JPY 5,900 target.

Mitsubishi Corp, JP3898400001, Illustration mit AI erstellt.

Mitsubishi Corporation stock (ISIN JP3898400001) was last at JPY 4,709 on the Tokyo Stock Exchange on October 5, 2026, up 0.32 percent from the previous close. The company reported June-quarter net profit of JPY 298.52 billion, compared with JPY 203.12 billion a year earlier, according to Markets Insider on September 18, 2026.

Profit growth reaches 46.97 percent

The June quarter ended June 30, 2026, with revenue of JPY 5,180,999 million, versus JPY 4,218,706 million in the comparable period. That represents a 22.81 percent increase, while net profit climbed 46.97 percent year over year, based on the figures published by Markets Insider.

The result gives the stock a stronger earnings anchor than the daily move alone suggests. Mitsubishi Corporation operates across natural gas, industrial materials, mineral resources, infrastructure, automotive and mobility, food, power solutions and urban development, leaving quarterly performance exposed to multiple commodity and operating cycles.

Analyst target stands above JPY 5,744

SBI Securities maintained a Buy rating and set a JPY 5,900 price target in its September 18, 2026 report, while the published consensus was Moderate Buy with a JPY 5,744.38 target, according to Markets Insider. The consensus target lies 21.98 percent above the JPY 4,709 reference price, making the gap a measurable test of whether the recent earnings improvement can broaden investor support.

The company also reached a final investment decision on an LNG Canada expansion project on September 29, 2026, with planned production capacity doubling, as Reuters reported. That project adds a long-term resource-growth element, while the diversified portfolio keeps commodity prices and capital allocation central to the investment case.

Stock remains below yearly high

Mitsubishi Corporation was last at JPY 4,709 on the Tokyo Stock Exchange at 3:30 p.m. JST on October 5, 2026. The 52-week range was JPY 3,482 to JPY 6,012, and market capitalization stood at JPY 17.2 trillion, with volume of 6,952,500 shares.