Investor Presentaiton
Mitsubishi Corporation
Consumer Industry Group
May 9, 2023
Mitsubishi Corporation
(Billions of Yen)
Summary of Net Income
■10
■ 2Q
■ 3Q
■4Q
21.0
23.0
30.0
FY2021
FY2022
Change
Remarks
10.2
6.6
20.0
One-off
Net Income
excl. One-off
(3.1)
(5.7)
(2.6)
24.1
28.7
4.6
Increased earnings in the Convenience store
business.
8.3
9.7
10.0
9.0
8.8
Total
21.0
23.0
2.0
0.0
(2.1)
(6.5)
FY2022*
Forecast
for FY2023
Change
Remarks
(10.0)
FY2021
FY2022
18.9
29.0
Increased earnings in the Convenience store business and
10.1 impairment losses on investment in overseas business in the
previous year.
* Reflecting reclassification due to reorganization
Equity in Earnings of Subsidiaries and Affiliates
FY2021
FY2022
Change
Total Assets
3,930.3
3,988.6
58.3
One-off Gains/Losses
Subsidiary/
Company Name (Country)
Business Description
Equity
Holding
Equity in Earnings
FY2022
1Q
2Q
3Q
4Q
Total
Change
Affiliate
Subsidiary
FY2021
FY2022
One-off Gains
(%)
Total
(listed)
Lawson, Inc. (Japan) *1
Franchise chain of LAWSON convenience stores
50.12
9.0
12.4
3.4
One-off Losses
Affiliate (listed) Life Corporation (Japan)
Supermarket chain stores
23.05
3.5
3.1
(0.4)
Impairment losses on investment in overseas business
(2.9)
(2.9)
Subsidiary
Subsidiary
MC Healthcare Holdings (Japan)
Mitsubishi Corporation Fashion Co., Ltd.
(Japan)
Hospital management solutions, medication & medical
equipment distribution
80.00
2.6
2.1
(0.5)
Losses related to the beginning of consolidation of an investee
(1.4)
(1.4)
OEM business for apparel goods
100.00
1.7
2.4
0.7
Impairment losses on investment in domestic business.
(1.4)
(1.4)
Total
(2.9)
(1.4) (1.4)
(5.7)
Subsidiary
Mitsubishi Corporation LT, Inc. (Japan)
Warehousing and general logistics services
100.00
1.9
2.0
0.1
Subsidiary
Subsidiary
(listed)
Mitsubishi Corporation Packaging Ltd. (Japan)
Mitsubishi Shokuhin Co., Ltd (Japan)
Sales and marketing of packaging products/systems &
paper products
100.00
2.5
3.2
0.7
Wholesale and logistics of processed foods, frozen and
chilled foods etc.
50.11
7.4
8.6
1.2
Affiliate (listed) Nippon Care Supply Co., Ltd. (Japan)
Nursing care equipment rental
40.26
0.7
0.6
(0.1)
FY2021
1Q
2Q
3Q
4Q
Total
Total of One-off Gains
1.3
1.3
Affiliate (listed) Toyo Tire Corporation (Japan) *2
Tire business and automotive parts business
20.02
8.3
9.6
1.3
Total of One-off Losses
-
(4.4)
(4.4)
*1 In addition to the figures above, there are consolidation adjustments (FY2021: -3.3 billion yen, FY2022: -5.6 billion yen) to equity in earnings, such as adjustments
due to accounting-policy differences and so on.
*2 In addition to the figures above, there are consolidation adjustments (FY2021: -1.4 billion yen, FY2022: -3.9 billion yen) to equity in earnings, such as adjustments
due to accounting-policy differences and so on.
Copyright © 2023 Mitsubishi Corporation
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