Mitsubishi Corp CFO: expecting a recovery in production volumes in our Australian coking coal business by fiscal 2027, supported by productivity improvement measures implemented to date

Mitsubishi Corp's CFO announced expectations for a recovery in production volumes in their Australian coking coal business by fiscal 2027, aided by productivity improvements. The company is currently discussing LNG Canada's production capacity expansion, though the timing for a final investment decision is still uncertain. Heavy rainfall and other factors are expected to significantly impact coking coal production in Q4. Additionally, no decisions have been made regarding the sale of their stake in LNG Canada shares, and a review of asset composition is planned under the latest mid-term business plan.