Mitsubishi Electric stock: H1 profit jumps as outlook rises

Published on 11/04/2026 at 15:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mitsubishi Electric stock follows stronger first-half results and a higher full-year outlook. A buyback adds a capital-return focus.

Stronger Results Raise The Stakes

First-half revenue and operating income increased sharply year over year.
Mitsubishi Electric lifted its fiscal 2027 revenue and adjusted operating-profit forecasts.
The planned buyback and higher dividend forecast strengthen the capital-return focus.

Mitsubishi Electric, JP3902400005, Illustration mit AI erstellt.

Mitsubishi Electric reported stronger first-half fiscal 2027 results on Friday, October 30, and raised its full-year outlook. The figures, summarized by JapanIR, give investors a new benchmark for the second half.

Revenue for the six months to September reached JPY 3,125.147 billion, up 14.4% year over year. Operating income rose 59.6% to JPY 358.112 billion, while net income attributable to owners of the parent increased 56.8% to JPY 297.025 billion.

Guidance And Capital Returns Move Higher

Mitsubishi Electric lifted its fiscal 2027 revenue forecast to JPY 6.55 trillion and its adjusted operating-profit forecast to JPY 710 billion. The company also raised its annual dividend forecast to JPY 60 per share and approved a share buyback of up to JPY 200 billion through March 2027.

The stronger result was broad-based, with factory automation, air conditioning, infrastructure, and defense and space among the reported growth drivers. Investors must also separate operating momentum from a weaker yen and a change in depreciation method, which supported the reported profit increase.

The company is reshaping its portfolio at the same time. It plans to transfer a 50% stake in its automotive equipment business to a Hon Hai-affiliated company, while a separate transaction would create a power distribution and control equipment joint venture with ABB. The automotive transaction is expected to create a fiscal 2027 impairment charge, adding an execution issue to the improved outlook.

The real-time quote of Mitsubishi Electric stock was 27.25 euros on Lang & Schwarz at 15:04 CET on Wednesday, November 4, 2026.