Mitsubishi Electric stock posts sharp profit growth, starts buyback
Published on 10/30/2026 at 15:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSResults strengthen Mitsubishi Electric outlook
- First-half revenue and adjusted operating profit rose strongly through September.
- Management raised its fiscal-year earnings outlook and kept the dividend forecast unchanged.
- The company plans a large share buyback and a treasury-share cancellation.
Mitsubishi Electric reported a stronger first half of fiscal 2027 on Friday, October 30, after the period ended September 30. The company’s financial results release shows broad earnings growth and a new share-repurchase program.
Profit growth outpaced revenue
Revenue increased 14.4 percent year over year to JPY 3,125.147 billion in the first half. Operating profit climbed 59.6 percent to JPY 358.112 billion, while adjusted operating profit rose 68.5 percent to JPY 344.778 billion.
Net profit attributable to Mitsubishi Electric shareholders reached JPY 297.025 billion, up 56.8 percent. Basic earnings per share increased to JPY 145.12 from JPY 91.74 a year earlier.
The company said a change to straight-line depreciation increased operating profit and profit before income taxes by JPY 19.650 billion compared with the previous method. Adjusted operating profit excludes other profit and loss items such as gains on business sales and impairment losses.
Guidance and capital returns move into focus
Mitsubishi Electric forecasts fiscal 2027 revenue of JPY 6,550.000 billion, adjusted operating profit of JPY 710.000 billion and net profit attributable to shareholders of JPY 465.000 billion. The full-year basic earnings-per-share forecast is JPY 227.20, while the annual dividend forecast remains JPY 60.
The board also approved a buyback of up to JPY 200 billion covering a maximum of 80 million shares. Purchases are scheduled on the Tokyo Stock Exchange from November 1, 2026, through March 31, 2027. In a separate decision, the company plans to cancel 23 million treasury shares on November 30.
The real-time quote of Mitsubishi Electric stock was 26.66 euros on Lang & Schwarz at 3:08 p.m. CEST on Friday, October 30, 2026.
Mitsubishi Electric stock facts
- Company: Mitsubishi Electric Corporation
- ISIN: JP3902400005
- Tokyo ticker: 6503
- Lang & Schwarz quote: 26.66 euros on October 30, 2026, at 3:08 p.m. CEST
- Reporting period: First half of fiscal 2027, ended September 30, 2026
Investors will also weigh the broader Japanese market through the Nikkei 225 as the earnings outlook and capital-return measures enter the next trading phase.
