Mitsubishi Heavy Industries announces ¥300 billion buyback and raises profit forecast
Mitsubishi Heavy Industries announced a share buyback of up to ¥300 billion, covering as many as 120 million shares, or 3.6% of outstanding shares excluding treasury stock. Purchases will run from November 9, 2026, through November 8, 2027. The company also raised its consolidated earnings forecast for the year ending March 2027, projecting net profit of ¥440 billion, up 32% from the previous year.