Mitsubishi Headquarters

Mitsubishi Headquarters

Kiyoshi Ota/Bloomberg

A pedestrian walks past the Mitsubishi Corp. headquarters in Tokyo. Mitsubishi advanced its full-year profit target to 420 billion yen from 400 billion yen, basing the increase in part on a revised forecast for the yen to average 99.5 against the dollar, compared with the company’s May 8 forecast of 95 yen.