This report does not constitute a rating action. TOKYO (S&P Global Ratings) April 7, 2025--Mitsubishi Corp. will maintain sufficient financial capacity even after massive investments and share buybacks. The company has financial leeway and is expected to continue disciplined management, even though capacity will decline relative to our credit rating. Mitsubishi Corp. (A/Stable/A-1) announced new management strategies on April 3, 2025, including a fund allocation plan through fiscal 2027, and a share buyback of ¥1 trillion by March 2026. The general trading and investment company's adjusted capital (risk buffer) was about ¥10 trillion on Dec. 31, 2024, a high level in the industry. Even as investments and shareholder returns increase, the company's ability to absorb unexpected business conditions and large
