Mitsubishi Corp

8058: XTKS (JPN)
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Mitsubishi Earnings: Improved Cash Flow Outlook Restores Confidence; Shares Fairly Valued

Mitsubishi's December-quarter net profit of JPY 252 billion was a marked improvement from the September quarter's JPY 153 billion. The group has raised its operating cash flow guidance. On the news, Mitsubishi's share price added to its five-day 15% advance.

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