Mitsui E&S raises profit outlook as port equipment earnings improve

Mitsui E&S has raised its full-year earnings forecast following stronger performance in its logistics systems and industrial businesses during the first half of fiscal 2026.

The Japanese engineering group reported net sales of ¥175 billion ($1.15 billion) for the six months ended 30 September 2026, an increase of 5.7% year on year. Operating income rose 4.8% to ¥20.7 billion, while new orders increased 8.2% to approximately ¥158 billion.

However, profit attributable to owners of the parent company edged down 0.6% to ¥17.4 billion.

The company now expects full-year operating income of ¥40 billion, up from its previous forecast of ¥34 billion. Its revenue outlook remains unchanged at ¥370 billion for the fiscal year ending 31 March 2027.

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