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Mitsubishi Electric plans 17% rise in net profit for March 2027, expanding defense and FA systems

Tue Apr 28, 2026 4:29 pm JST Catalyst

Mitsubishi Electric <6503> released its earnings forecast for the fiscal year ending March 2027 following the market close on the 28th, alongside results for the year ended March 2026. The company projects revenue of 6.2 trillion yen (up 5.2% year-on-year) and net profit of 475 billion yen (up 16.5%). Despite accounting for higher logistics and raw material costs linked to Middle East tensions, Mitsubishi Electric expects robust growth driven by defense systems, factory automation (FA), and sustained demand for air conditioning and building systems.

For the fiscal year ended March 2026, revenue rose 6.8% to approximately 5.89 trillion yen, while net profit jumped 25.8% to 407.76 billion yen. The company saw gains across all divisions. The Infrastructure segment was bolstered by domestic transportation projects and overseas uninterruptible power supply (UPS) systems, while the Industry & Mobility segment benefited from a surge in AI-related capital investment and machine tool demand.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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