REG - Mitsubishi Corp. - Differences between Result for FY2018 and FY2019

MitsubishiAnnouncement

11/05/2020 08:05

RNS Number : 3480M
  
Mitsubishi Corporation
  
08 May 2020
  
 

Translation of report filed with the Tokyo Stock Exchange on May 8, 2020
 
Notice Concerning Differences between Non-Consolidated Actual Results 
for the Fiscal Years Ended March 31, 2019 and 2020
 
This notice serves to provide information on differences between non-consolidated actual results for the fiscal year ended March 31, 2019 and the fiscal year ended March 31, 2020.
 
Details are as follows.
 
1.    Differences between Non-Consolidated Actual Results for the fiscal year ended March 31, 2019 and the fiscal year ended March 31, 2020.
 







Revenues


Ordinary
Income


Net Income




Actual Results for fiscal year 
ended March 31, 2019 (A)


Millions of Yen
 
2,497,837


Millions of Yen
 
386,152


Millions of Yen
 
396,117




Actual Results for fiscal year 
ended March 31, 2020 (B)


1,737,893


300,203


364,663




Difference (B-A)


(759,944)


(85,949)


(31,454)




Difference (%)


(30.42%)


(22.26%)


(7.94%)



 
2.    Reasons for Differences
Revenues for the fiscal year ended March 31, 2020 were lower than those of the prior year mainly due to a decrease in transaction volumes and lower market prices in the Petrochemicals business.


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