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Mitsubishi's Global Vehicle Output Drops 13% in Q1
After the buying phase, individual stock selection will be guided by the financial results.
The Nikkei average has risen for four consecutive trading days. It ended trading at 35,839.99 yen, up 134.25 yen (with an estimated Volume of 2 billion 10 million shares). Following the purchase of tech stocks in the US market last weekend and favorable movements from major companies' earnings reports, the Nikkei average started with a buying lead, shortly rising to 36,075.26 yen after the trading began, recovering to the 36,000 yen level for the first time in about four weeks since April 1. Additionally, due to the yen depreciating to around 143 yen per dollar, export-related stocks were repurchased.
Mitsubishi Electric to Repurchase Company Shares
Press Release: Mitsubishi Electric Announces Consolidated Financial Results for Fiscal 2025
Mitsubishi Electric Expects FY Utility Systems Op Profit Y39.0B Vs Y33.5B
Mitsubishi Electric 4Q Net Y75.9B Vs. Net Y98.8B >6503.TO
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