Mitsubishi Electric Announces Consolidated Financial Results for the Third Quarter (First 9 Months) of Fiscal 2026

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today its consolidated financial results for the third quarter (first 9 months), ended December 31, 2025, of the current fiscal year ending March 31, 2026 (fiscal 2026).

The full document on Mitsubishi Electric’s financial results can be viewed at the following link:
www.MitsubishiElectric.com/en/pr

Consolidated Financial Results

Billions of yen	Q3 FY25	Q3 FY26	YoY
Revenue	1,356.7	1,423.5	+66.7	105%
Operating profit excluding Next-Stage	126.8	144.7	+17.8	114%
%	9.4%	10.2%	+0.8pt	-
Amount of Next-Stage	-	-74.3	-74.3	-
Operating profit	126.8	70.3	-56.4	55%
%	9.4%	4.9%	-4.5pt	-
Profit before income taxes	167.8	125.4	-42.4	75%
Net profit attributable to Mitsubishi Electric Corp. stockholders	129.4	108.8	-20.5	84%

Key Points

1. Q3¹ FY’26: Revenue ¥1,423.5 bn (+¥66.7 bn YoY, record high), Operating Profit excluding Next-Stage ¥144.7 bn (+¥17.8 bn YoY, record high)

- Excluding the impact of the Next-Stage Support Program², both revenue and operating profit increased YoY, each reaching record highs, due primarily to increases in sales in the Infrastructure segment and the Factory Automation Systems business, the impact of the weaker yen, and the progress in initiatives for improving profitability such as improvements in product prices.

2. FY’26 forecast: Revenue ¥5,760.0 bn (+¥90.0 bn from the previous forecast), Operating Profit excluding Next-Stage ¥500.0 bn (+¥30.0 bn from the previous forecast)

- Mainly due to increased sales in the Infrastructure segment and foreign exchange rates reconsidered in line with the weaker yen, both revenue and profit, excluding the impact of the Next-Stage Support Program, are expected to exceed the previous forecast.

- Mitsubishi Electric Group will steadily promote initiatives to strengthen the resilience of its management structure, including improvements in profitability and efficiency as well as investments for growth.

^1	Q3: Third quarter of the fiscal year (October–December)
^2	“Mitsubishi Electric Announces Outcome of Next-Stage Support Program”
	https://www.MitsubishiElectric.com/en/pr/2026/pdf/0203-b.pdf

Note:

The results forecast above is based on assumptions deemed reasonable by Mitsubishi Electric at the present time, and actual results may differ significantly from forecasts. Please refer to the cautionary statement at the end.