Mitsubishi Corporation's April–June net profit rises 47% on higher coking coal and copper prices

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Mitsubishi Corporation reported a 47% year-on-year increase in consolidated net profit to 298.5 billion yen for the April–June quarter of fiscal 2026. Higher market prices for its Australian coking coal and copper operations, along with the ramp-up of its Canadian liquefied natural gas business, contributed to earnings. The company maintained its full-year forecast of 1.1 trillion yen, which exceeds the average estimate of 1.074 trillion yen from 14 analysts polled by IBES.

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