Mitsubishi Corporation Q1 profit falls ¥2.5bn

Mitsubishi Corporation reported a significant decline in first quarter results for fiscal year 2026. Profit before tax decreased by ¥2.5 billion, while net profit attributable to owners fell ¥1.5 billion compared to the previous year.

Revenues dropped ¥4.7 billion, primarily due to applying the equity method to Lawson. Basic earnings per share fell to ¥51.59 from ¥86.93 in the prior year.

The company maintained its full-year earnings forecast unchanged.