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Mitsubishi Corp. and Sumitomo Corp.s quarterly profit more than doubled after prices of coal, for steelmaking and power generation climbed on demand growth from China and India.
Mitsubishi Corp. s first-quarter profit more than doubled after prices for coking coal, the steelmaking ingredient, climbed on demand growth from China and India, the worlds most populous nations.
Mitsubishi Logistics Corp. is poised to begin a tender offer for a stake of more than 50 percent in Fuji Logistics Co. in a transaction that may total 10 billion yen ($115 million), Nikkei English News reported, without citing anyone.
Mitsubishi Motor Sales of Canada has confirmed it will expand its line-up with the Mitsubishi RVR, an all-new, compact crossover utility vehicle that features modern design, up-to-date technology and environmental responsibility.
TOKYO----Mitsubishi Electric Corporation announced today its financial results for the first quarter ending June 30, 2010, of the current fiscal year ending March 31, 2011 . Consolidated Financial Results Net sales: 778.9 billion yen Operating income: 51.5 billion yen Income before income taxes: 46.7 billion yen Net income attributable to Mitsubishi Electric Corp.: 26.2 billion yen
TOKYO----Mitsubishi Electric Corporation announced today it has revised its consolidated earnings forecast for the current fiscal year ending March 31, 2011 from its previous forecast announced April 30, 2010.