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Mitsubishi Electric: Bullish About Q3 Outperformance And ROE Improvement Potential

Source: SeekingAlpha

2026-02-05 03:31:40 ET

I'm still rating Mitsubishi Electric Corporation ( MIELY ) (6503.T) as 'Buy.'

MIELY's 3QFY26 (YE March 31, 2026) "Operating Profit/OP" was a substantial beat. Its full-year guidance was also revised upwards. This gives me the confidence that the firm's "Return On Equity/ROE" can improve to justify a more demanding multiple....

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Mitsubishi Electric: Bullish About Q3 Outperformance And ROE Improvement Potential
Mitsubishi Electric Corp. ADR

NASDAQ: MIELY

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