---
title: "Weekly Recap: Mitsubishi Corporation gains and NYK to buy DGMO, form JV"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294743604.md"
description: "Mitsubishi Corporation reported a 47% YoY increase in Q1 net income, driven by rising revenue and profit across segments. Consequently, the company raised its full-year profit outlook and plans higher dividends. Additionally, Mitsubishi is forming a joint venture with NYK after Nippon Yusen acquires an 87.4% stake in DGMO for $221 million, linking the entity to MidOcean Energy."
datetime: "2026-08-03T22:15:39.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294743604.md)
  - [en](https://longbridge.com/en/news/294743604.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294743604.md)
generator: "portal-rs"
---

# Weekly Recap: Mitsubishi Corporation gains and NYK to buy DGMO, form JV

Mitsubishi Corporation (TSE:8058) reported Q1 net income up 47% as revenue, profit and cash flow rose across segments, prompting a raised full‑year profit outlook and higher dividends, while a planned JV with NYK via Nippon Yusen’s purchase of DGMO shares ties it to MidOcean Energy.

**Previous Week Recap**

-   **Mitsubishi Corporation Revenue Rise, Profit Rise**: Mitsubishi Corporation (8058): Q1 net income +47% YoY; revenue and profit up on prices and FX; strong cash flow and across-segment growth; raised full‑year profit outlook and plans higher dividends. Quartr
-   **Mitsubishi Corporation NYK JV Formed**: Nippon Yusen will buy 211.9M DGMO shares for $221M, taking an 87.4% stake in DGMO, creating a Mitsubishi Corporation (8058)–NYK JV tied to MidOcean Energy; closing Aug–Sep, pending approvals. Reuters

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**