Mitsubishi Electric announced its first-half 2026 results. Revenue increased year on year, while the company also conducted a share buyback and cancelled treasury shares. It was reported that the change to the straight-line depreciation method had boosted profit levels.
According to the earnings report released on 2026/10/30, first-half revenue increased 14.4% year on year to ¥3.125 trillion, operating profit rose 59.6% to ¥358.1 billion, interim profit before tax increased 58.9% to ¥403.5 billion, and interim profit attributable to owners of the parent rose 56.8% to ¥297.0 billion. The company also disclosed a change to the straight-line depreciation method.
As part of its capital policy, the company reportedly established a large share buyback limit and resolved to cancel treasury shares. Following the earnings announcement, it was noted that cash generation had expanded and financial flexibility had improved.
In recent trading, the share price fell from ¥4,841 at the close on 10/29 to ¥4,640 on 10/30, temporarily reversing the subsequent recovery trend. Expansion in orders related to infrastructure and factory automation, along with expanded maintenance and services, have been identified as key points to monitor in the company’s future performance.