Mitsubishi Plans $27 Billion Investment to Fuel Growth

Reported about 23 hours ago

Mitsubishi Corp is exploring potential investments in an Alaskan LNG project, with CEO Katsuya Nakanishi emphasizing the need for thorough due diligence. Alongside this, the company announced plans to invest 4 trillion yen ($27 billion) over the next three years to drive growth, aiming for a net profit of 1.2 trillion yen by 2027/2028. Mitsubishi will focus on sustainable capital expenditure and growth investments, while also maintaining a progressive dividend policy and share buybacks.

Source: YAHOO

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