Mitsubishi Heavy Industries shares decline on ex-dividend date

Mitsubishi Heavy Industries shares experienced a decline on the Tokyo Stock Exchange following its ex-dividend date. On September 29, 2026, the stock closed at 3,793.00 JPY, down 2.04 percent from the previous day's close of 3,872.00 JPY. The price adjustment is attributed to an interim dividend of 14.00 JPY per share.

Despite the recent price dip, the company reported strong financial performance for fiscal year 2025, with revenue increasing 14.1 percent to 4.9741 trillion JPY and net profit rising 35.0 percent to 332.1 billion JPY. For fiscal year 2026, the company projects revenue of 5.4 trillion JPY and an operating profit of 540 billion JPY, representing a planned 25.0 percent increase in operating profit over the previous year.

Analyst sentiment remains generally positive. While the current TSE price sits below the 52-week high of 5,208.00 JPY, a market consensus of 16 analysts suggests an average target price of 5,450.58 JPY, maintaining a 'Buy' rating.