Mitsubishi Electric Reports Fiscal 2026 Financial Performance and Outlook

Mitsubishi Electric

Japan: Mitsubishi Electric Corporation reported consolidated revenue of 5,894.7 billion yen (approximately US$36.71 billion) for fiscal year 2026, marking a 7% year-on-year increase supported by currency impact and pricing improvements. Operating profit reached 433.0 billion yen (approximately US$2.6 billion), while net profit attributable to shareholders rose to 407.7 billion yen (approximately US$2.53 billion), reflecting stronger profitability across major business segments. Growth was primarily supported by infrastructure systems, including energy and transportation, along with increased demand for air conditioning systems and factory automation driven by investments in industrial digitalisation and AI-related applications.

Across segments, infrastructure, digital solutions, and building systems recorded solid performance, while automotive equipment experienced a decline due to weaker demand in China. Profitability improved through cost control measures and better pricing strategies despite ongoing cost pressures. For fiscal year 2027, the company expects revenue to reach 6,200 billion yen (approximately US$38.6 billion), with continued profit growth supported by business portfolio optimisation and steady demand in key industrial and building-related sectors.

Source: Mitsubishi Electric Media