Mitsubishi : Monetary Outcomes for the 9 Months Ended December 2021

FINANCIAL RESULTS FOR

THE NINE MONTHS ENDED DECEMBER 2021

Mitsubishi Company

2-3-1 Marunouchi, Chiyoda-ku, Tokyo, JAPAN 100-8086

https://www.mitsubishicorp.com/

Disclosure Concerning Quarterly Evaluation Procedures

This earnings launch just isn’t topic to unbiased Auditor’s assessment procedures.

Ahead-looking Statements

Earnings forecasts and different forward-looking statements on this launch are primarily based on information at present out there to administration and sure assumptions that administration believes are affordable. The achievement of mentioned forecasts can’t be promised. Precise outcomes might due to this fact differ materially from these statements for varied causes. For cautionary notes regarding assumptions for earnings forecasts, please seek advice from “1. (4) Forecasts for the 12 months Ending March 2022” on web page 5.

Contents

1. Qualitative Info …………………………………………………………………………2

1. Outcomes of Operations ……………………………………………………………………………2
2. Monetary Place ………………………………………………………………………………3
3. Money Flows ……………………………………………………………………………………… 3
4. Forecasts for the 12 months Ending March 2022 …………………………………………………….5

2. Condensed Consolidated Monetary Statements …………………………………………………6

1. Condensed Consolidated Assertion of Monetary Place ………………………………………6
2. Condensed Consolidated Assertion of Earnings …………………………………………………8

(5) Condensed Consolidated Assertion of Money Flows ……………………………………………11

1. Modifications in Accounting Insurance policies and Accounting Estimates …………………………………12
2. Notes Regarding Going Concern Assumption ………………………………………………12

• Mitsubishi Company will maintain an earnings convention name for the 9 months ended December 2021, inviting institutional traders and analysts to hitch.

The convention materials will be accessed stay in Japanese from our web site (Investor Relations part) on the following URL:

https://www.mitsubishicorp.com/jp/ja/ir/index.htmlTime and date of the earnings convention name:

From 17:45 to 18:45 on Thursday, February 3, 2022 (JST)

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1. Qualitative Info

(Revenue for the interval, as used hereinafter, refers to revenue for the interval attributable to house owners of the Mother or father.)

(1) Outcomes of Operations

Revenues was ¥12,371.1 billion, a rise of ¥3,260.6 billion, or 36% yr over yr. This was primarily as a consequence of rising costs and elevated transaction volumes owing to improved market circumstances.

Gross revenue was ¥1,467.9 billion, a rise of ¥300.5 billion, or 26% yr over yr, primarily as a consequence of improved market circumstances within the Australian metallurgical coal enterprise and Salmon farming enterprise, in addition to elevated gross sales costs within the Metal enterprise.

Promoting, common and administrative bills remained practically the identical yr over yr at ¥1,043.9 billion.

Good points on investments elevated ¥1.9 billion, or 6% yr over yr, to ¥31.7 billion, primarily as a consequence of improved fund-related earnings, regardless of impairment losses on the sale of an plane leasing firm.

Impairment losses on property, plant and tools and others remained practically the identical yr over yr at ¥8.6 billion.

Different earnings (expense)-net elevated ¥17.7 billion, or 184% yr over yr, to an earnings quantity of ¥27.3 billion, primarily as a consequence of fluctuations in analysis revenue on organic belongings.

Finance earnings elevated ¥58.3 billion, or 71% yr over yr, to ¥140.6 billion, primarily as a consequence of elevated dividend earnings from resource-related investments.

Finance prices remained practically the identical yr over yr at ¥34.9 billion.

Share of revenue of investments accounted for utilizing the fairness technique elevated ¥246.2 billion, or 342% yr over yr, to ¥318.2 billion, reflecting impairment losses within the earlier yr and improved profitability at Mitsubishi Motors Company in addition to elevated fairness earnings throughout a variety of companies as a consequence of improved market circumstances.

Because of this, revenue earlier than tax elevated ¥613.3 billion, or 209% yr over yr, to ¥906.6 billion.

Accordingly, revenue for the interval elevated ¥475.7 billion, or 281% yr over yr, to ¥644.8 billion.

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