Investor Presentaiton
Mitsubishi Corporation
Summary of Net Income
Chemicals Solution Group
November 2, 2023
Mitsubishi Corporation
(Billions of Yen)
■10■2Q 3Q 4Q H2 forecast (revised)
35.0
FY2022
H1
FY2023
H1
29.5
Change
Remarks
30.0
5.7
25.0
One-off
4.9
Net Income
excl. One-off
18.0
9.4
(8.6)
Total
Forecast
Revised
Forecast for
Change
for FY2023
FY2023
22.9
9.4
(4.9) Deduction of deferred tax liabilities in the
Chemical manufacturing business in the
previous year and decreased earnings in the
(13.5) Petrochemical business.
0.9
20.0
20.0
6.9
15.0
10.6
10.0
16.0
3.1
5.0
6.3
0.0
Remarks
Progress
Remarks
FY2022
FY2023
25.0
20.0
(5.0)
Decreased earnings in the
Petrochemical business.
FY2022 End
FY2023 H1
Change
47%
Total Assets
691.5
731.0
39.5
(FY2022 figures reflect reclassification due to reorganization on Apr. 1)
Earnings of Major Subsidiaries and Affiliates
Progress of FY2023 H1 results against the Revised Forecast
One-off Gains/Losses
Subsidiary/
Company Name (Country)
Business Description
Affiliate
Equity
Holding
(%)
Equity in Earnings
FY2022
FY2023
1Q
2Q 3Q 4Q
Total
H1
FY2023
H1
Change
One-off Gains
Total
One-off Losses
Affiliate
SPDC Ltd. (Japan)
Investment and petroleum and petrochemicals-related
businesses
33.34
2.0
0.2
(1.8)
Total
Subsidiary
Subsidiary
Mitsubishi Shoji Chemical Corporation (Japan)
Mitsubishi Corporation Plastics Ltd. (Japan)
Marketing of solvents, coating resins, silicones, fumed
silica
100.00
1.6
1.4
(0.2)
Marketing of synthetic raw materials and plastics
100.00
1.7
1.5
(0.2)
FY2022
Total of One-off Gains
Affiliate (listed) Meiwa Corporation (Japan)
Domestic sales and import-export business of chemical
and other products
33.05
0.4
0.3
(0.1)
Total of One-off Losses
1Q
2Q
3Q
4Q
Total
4.5
0.4
0.2
0.1
5.2
(3.2)
(3.2)
Overseas chemical trading business
2.0
1.5.
(0.5)
Basic chemicals related business companies
6.6
0.5
(6.1)
Copyright © 2023 Mitsubishi Corporation
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