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Mitsubishi Heavy subsidiary cuts forecast on US tariffs

August 5, 2025 at 04:40 AM UTCBy FilingReader AI

Mitsubishi Logisnext revised its fiscal 2026 forecast, cutting net sales from 675bn yen to 650bn yen and operating profit from 33bn yen to 24bn yen due to US tariff policy and increased sales costs.

The subsidiary's downgrade will not materially impact parent Mitsubishi Heavy Industries' unchanged forecast of 5.4tn yen revenue and 260bn yen profit.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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