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Mitsubishi Logisnext cuts fiscal 2026 earnings forecast

August 5, 2025 at 04:41 AM UTCBy FilingReader AI

Mitsubishi Logisnext revised its fiscal 2026 forecast, cutting net sales to 650bn yen from 675bn yen and slashing net income to 11bn yen from 17bn yen.

The company blamed decreased demand and higher sales costs in the Americas, worsened by tariffs and competition. First-quarter net income plunged 77% to 1.8bn yen.

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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