2024-07-11 12:33:04 ET
Summary
- Mitsubishi Corporation remains a Buy, considering its portfolio restructuring potential and energy transition growth driver.
- MSBHF aims to divest underperforming assets and improve the financial performance of specific group companies as part of its portfolio optimization plans.
- The newly created Environmental Energy Group is expected to contribute significantly to long-term earnings growth, by exploiting synergies between the natural gas and next-generation energy businesses.
Elevator Pitch
My rating for Mitsubishi Corporation ( MSBHF ) ( MTSUY ) [8058:JP] is a Buy.
With my earlier April 25, 2024 write-up , I highlighted the company's "corporate governance reforms and energy transition investments." This latest article provides an update on Mitsubishi Corporation's portfolio restructuring efforts and its energy transition-related business operations....
Read the full article on Seeking Alpha
For further details see:
Mitsubishi Corporation: A Play On Portfolio Restructuring And Energy Transition