Mitsubishi Corporation Just Beat EPS By 25%: Here's What Analysts Think Will Happen Next

The quarterly results for Mitsubishi Corporation (TSE:8058) were released last week, making it a good time to revisit its performance. It looks to have been a decent result overall - while revenue fell marginally short of analyst estimates at JP¥4.6t, statutory earnings beat expectations by a notable 25%, coming in at JP¥52.93 per share. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

Check out our latest analysis for Mitsubishi

Following last week's earnings report, Mitsubishi's ten analysts are forecasting 2026 revenues to be JP¥19t, approximately in line with the last 12 months. Statutory earnings per share are expected to plummet 27% to JP¥202 in the same period. Before this earnings report, the analysts had been forecasting revenues of JP¥19t and earnings per share (EPS) of JP¥202 in 2026. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

There were no changes to revenue or earnings estimates or the price target of JP¥3,052, suggesting that the company has met expectations in its recent result. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on Mitsubishi, with the most bullish analyst valuing it at JP¥4,200 and the most bearish at JP¥2,480 per share. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.

Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that revenue is expected to reverse, with a forecast 1.0% annualised decline to the end of 2026. That is a notable change from historical growth of 9.4% over the last five years. Compare this with our data, which suggests that other companies in the same industry are, in aggregate, expected to see their revenue grow 1.2% per year. It's pretty clear that Mitsubishi's revenues are expected to perform substantially worse than the wider industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Mitsubishi's revenue is expected to perform worse than the wider industry. The consensus price target held steady at JP¥3,052, with the latest estimates not enough to have an impact on their price targets.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple Mitsubishi analysts - going out to 2027, and you can see them free on our platform here.

It is also worth noting that we have found 3 warning signs for Mitsubishi (1 doesn't sit too well with us!) that you need to take into consideration.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.