Investor Presentaiton
Mitsubishi Corporation
Petroleum & Chemicals Solution Group
May 9, 2023
Mitsubishi Corporation
(Billions of Yen)
Summary of Net Income
■ 1Q
■ 2Q
■ 3Q
■4Q
50.0
45.0
FY2021
FY2022
Change
Remarks
40.3
40.0
7.6
3.3
One-off
(9.3)
2.0
11.3
1.7
Net Income
49.6
43.0
excl. One-off
(6.6)
Deduction of deferred tax liabilities in the
Chemical manufacturing business.
30.0
16.4
13.3
20.0
Total
40.3
45.0
4.7
10.7
10.0
22.4
9.9
Forecast
FY2022*
Change
Remarks
0.0
for FY2023
FY2021
FY2022
29.5
25.0
(4.5)
Deduction of deferred tax liabilities in the Chemical manufacturing
business in the previous year.
FY2021
FY2022
Change
Total Assets
1,243.0
1,160.7
(82.3)
* Reflecting reclassification due to reorganization
Equity in Earnings of Subsidiaries and Affiliates
One-off Gains/Losses
Subsidiary/
Affiliate
Company Name (Country)
Business Description
Equity
Holding
(%)
Equity in Earnings
FY2022
1Q
2Q
3Q
4Q
Total
Change
FY2021
FY2022
One-off Gains
Deduction of deferred tax liabilities in the Chemical
manufacturing business
Affiliate
Subsidiary
Astomos Energy Corporation (Japan)
Affiliate (listed) Meiwa Corporation (Japan)
Mitsubishi Corporation Energy Co., Ltd.
(Japan)
Import, trading, domestic distribution and sales of LPG
Domestic sales and import-export business of chemical
and other products
49.00
9.3
8.0
(1.3)
4.5
0.4
0.2
0.1
5.2
Total
4.5
0.4
0.2
0.1
5.2
33.05
0.8
0.6
(0.2)
One-off Losses
Domestic sales and trade (export/import) of petroleum
products
100.00
6.8
8.9
2.1
Losses related to divestiture of CHUO KAGAKU
Subsidiary
Mitsubishi Corporation Plastics Ltd. (Japan)
Marketing of synthetic raw materials and plastics
100.00
3.1
3.0
(0.1)
Total
(3.2)
(3.2)
(3.2)
(3.2)
Subsidiary
silica
Mitsubishi Shoji Chemical Corporation (Japan) Marketing of solvents, coating resins, silicones, fumed
100.00
2.8
3.1
0.3
Affiliate
SPDC Ltd. (Japan)
Investment and petroleum and petrochemicals-related
businesses
33.34
3.4
(1.2)
(4.6)
Overseas chemical trading business
4.3
3.6
(0.7)
FY2021
1Q
2Q
3Q
4Q
Total
Basic chemicals related business companies*
(0.4)
10.3
10.7
Total of One-off Gains
1.6
1.2
2.8
Total profits from basic chemicals business (Salt and Methanol).
Total of One-off Losses
(3.1)
(0.1) (8.9)
(12.1)
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