Mitsubishi Electric Corporation (MIELF)

Mitsubishi Electric Income Statement

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Operating Revenue	5,475,859	5,257,914	5,003,694	4,476,758	4,191,433	4,462,509
Revenue	5,475,859	5,257,914	5,003,694	4,476,758	4,191,433	4,462,509
Revenue Growth (YoY)	4.88%	5.08%	11.77%	6.81%	-6.08%	-1.27%
Cost of Revenue	3,815,147	3,712,065	3,596,781	3,212,216	3,017,059	3,200,170
Gross Profit	1,660,712	1,545,849	1,406,913	1,264,542	1,174,374	1,262,339
Selling, General & Admin	1,296,553	1,237,201	1,147,981	1,013,674	953,602	1,017,075
Other Operating Expenses	-45,588	-19,877	-3,420	-1,183	-9,423	-14,397
Operating Expenses	1,250,965	1,217,324	1,144,561	1,012,491	944,179	1,002,678
Operating Income	409,747	328,525	262,352	252,051	230,195	259,661
Interest Expense	-3,542	-7,672	-3,913	-2,671	-2,828	-2,320
Interest & Investment Income	22,874	21,197	12,302	8,714	8,790	10,285
Earnings From Equity Investments	36,396	27,815	21,821	18,434	19,251	19,048
Currency Exchange Gain (Loss)	-3,996	-3,996	-374	3,196	3,346	-4,688
Other Non Operating Income (Expenses)	-16	-16	-9	-31	-	-
EBT Excluding Unusual Items	461,463	365,853	292,179	279,693	258,754	281,986
Pretax Income	461,463	365,853	292,179	279,693	258,754	281,986
Income Tax Expense	93,111	68,908	67,235	61,808	57,071	48,474
Earnings From Continuing Operations	368,352	296,945	224,944	217,885	201,683	233,512
Minority Interest in Earnings	-21,406	-11,996	-11,036	-14,403	-8,551	-11,678
Net Income	346,946	284,949	213,908	203,482	193,132	221,834
Net Income to Common	346,946	284,949	213,908	203,482	193,132	221,834
Net Income Growth	33.10%	33.21%	5.12%	5.36%	-12.94%	-2.12%
Shares Outstanding (Basic)	2,085	2,099	2,112	2,133	2,145	2,145
Shares Outstanding (Diluted)	2,085	2,099	2,112	2,133	2,145	2,145
Shares Change (YoY)	-0.94%	-0.59%	-0.99%	-0.58%	0.01%	-0.01%
EPS (Basic)	166.40	135.74	101.30	95.41	90.03	103.41
EPS (Diluted)	166.40	135.74	101.30	95.41	90.03	103.41
EPS Growth	34.36%	34.00%	6.17%	5.98%	-12.94%	-2.12%
Free Cash Flow	335,513	239,723	15,594	148,034	373,199	203,001
Free Cash Flow Per Share	160.92	114.19	7.38	69.41	173.97	94.64
Dividend Per Share	30.000	50.000	40.000	40.000	36.000	40.000
Dividend Growth	-34.78%	25.00%	-	11.11%	-10.00%	-
Gross Margin	30.33%	29.40%	28.12%	28.25%	28.02%	28.29%
Operating Margin	7.48%	6.25%	5.24%	5.63%	5.49%	5.82%
Profit Margin	6.34%	5.42%	4.28%	4.54%	4.61%	4.97%
Free Cash Flow Margin	6.13%	4.56%	0.31%	3.31%	8.90%	4.55%
EBITDA	621,630	529,354	476,195	458,864	443,515	470,347
EBITDA Margin	11.35%	10.07%	9.52%	10.25%	10.58%	10.54%
D&A For EBITDA	211,883	200,829	213,843	206,813	213,320	210,686
EBIT	409,747	328,525	262,352	252,051	230,195	259,661
EBIT Margin	7.48%	6.25%	5.24%	5.63%	5.49%	5.82%
Effective Tax Rate	20.18%	18.83%	23.01%	22.10%	22.06%	17.19%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.