Investor Presentaiton
Mitsubishi Corporation
Cash Flow Allocation of FY2022
May 9, 2023
Mitsubishi Corporation
Cash in
Cash Flow
Underlying
operating CF *1
CF from
divestments
Cash out
Investments
Adjusted FCF
Shareholder
returns
FY2022
¥1.3 Trillion
(¥1,284.7 bn)
¥0.7 Trillion
(\704.4 bn)
¥0.9 Trillion
(\881.9 bn)
¥1.1 Trillion
(\1,107.2 bn)
¥0.7 Trillion
<Released>
(\685.6 bn)
Post-Returns FCF
¥0.4 Trillion
Remarks
Underlying operating CF is making solid progress with the
growth of consolidated net income.
CF from divestments is also making solid progress with the promotion of
Asset Replacement Plans including sale of a real estate management
company and a part of the Overseas power generating business.
Maintain/Expand Earnings Base ¥0.5 Trillion Australian metallurgical coal business (Approx. ¥70.0 bn), etc.
EX-related
¥0.3 Trillion *2
DX/Growth-related Investment ¥0.1 Trillion North American real estate business (Approx.¥60.0 bn), etc.
Total of Underlying operating cash flows and investing cash flows
Per-share dividend: \180; Share buybacks: ¥370.0 bn (including
¥200.0 bn as additional returns); Cash dividends paid to non-
controlling interests: ¥56.3 bn.
Additional allocation to Investments or Shareholder
returns will be decided in accordance with future CF
fluctuations.
*1 Operating cash flows excluding changes in working capital whilst including repayments of lease liabilities (For details, please refer to P24.)
*2 Details of EX-related investment
■ Eneco (European integrated energy business)
Quellaveco copper mine
North American power business
Copyright © 2023 Mitsubishi Corporation
Approx. ¥80.0 bn
Approx. ¥65.0 bn
Approx. ¥60.0 bn
Steady investments have been made mainly in Copper and Renewable
Energy business. In addition to committed investment plans of approximately
¥0.5 trillion, potential investment plans have also accumulated, and we
intend to accelerate our investment in carefully selected projects.
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