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	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Operating Revenue	5,363,040	5,257,914	5,003,694	4,476,758	4,191,433	4,462,509
Revenue	5,363,040	5,257,914	5,003,694	4,476,758	4,191,433	4,462,509
Revenue Growth (YoY)	3.08%	5.08%	11.77%	6.81%	-6.07%	-1.27%
Cost of Revenue	3,743,472	3,712,065	3,596,781	3,212,216	3,017,059	3,200,170
Gross Profit	1,619,568	1,545,849	1,406,913	1,264,542	1,174,374	1,262,339
Selling, General & Admin	1,272,531	1,237,201	1,147,981	1,013,674	953,602	1,017,075
Other Operating Expenses	-22,331	-19,877	-3,420	-1,183	-9,423	-14,397
Operating Expenses	1,250,200	1,217,324	1,144,561	1,012,491	944,179	1,002,678
Operating Income	369,368	328,525	262,352	252,051	230,195	259,661
Interest Expense	-30,513	-7,672	-3,913	-2,671	-2,828	-2,320
Interest & Investment Income	20,121	21,197	12,302	8,714	8,790	10,285
Earnings From Equity Investments	27,847	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	382,811	365,853	292,179	279,693	258,754	281,986
Pretax Income	382,811	365,853	292,179	279,693	258,754	281,986
Income Tax Expense	82,075	68,908	67,235	61,808	57,071	48,474
Earnings From Continuing Operations	300,736	296,945	224,944	217,885	201,683	233,512
Minority Interest in Earnings	-17,375	-11,996	-11,036	-14,403	-8,551	-11,678
Net Income	283,361	284,949	213,908	203,482	193,132	221,834
Net Income to Common	283,361	284,949	213,908	203,482	193,132	221,834
Net Income Growth	9.27%	33.21%	5.12%	5.36%	-12.94%	-2.12%
Shares Outstanding (Basic)	2,090	2,099	2,112	2,133	2,145	2,145
Shares Outstanding (Diluted)	2,090	2,099	2,112	2,133	2,145	2,145
Shares Change (YoY)	-0.92%	-0.59%	-0.99%	-0.58%	0.01%	-0.00%
EPS (Basic)	135.61	135.74	101.30	95.41	90.03	103.41
EPS (Diluted)	135.61	135.74	101.30	95.41	90.03	103.41
EPS Growth	10.29%	34.00%	6.17%	5.98%	-12.94%	-2.12%
Free Cash Flow	316,898	239,723	15,594	148,034	373,199	203,001
Free Cash Flow Per Share	151.66	114.19	7.38	69.41	173.97	94.64
Dividend Per Share	50.000	50.000	40.000	40.000	36.000	40.000
Dividend Growth	-16.67%	25.00%	0%	11.11%	-10.00%	0%
Gross Margin	30.20%	29.40%	28.12%	28.25%	28.02%	28.29%
Operating Margin	6.89%	6.25%	5.24%	5.63%	5.49%	5.82%
Profit Margin	5.28%	5.42%	4.28%	4.55%	4.61%	4.97%
Free Cash Flow Margin	5.91%	4.56%	0.31%	3.31%	8.90%	4.55%
EBITDA	576,877	529,354	476,195	458,864	443,515	470,347
EBITDA Margin	10.76%	10.07%	9.52%	10.25%	10.58%	10.54%
D&A For EBITDA	207,509	200,829	213,843	206,813	213,320	210,686
EBIT	369,368	328,525	262,352	252,051	230,195	259,661
EBIT Margin	6.89%	6.25%	5.24%	5.63%	5.49%	5.82%
Effective Tax Rate	21.44%	18.83%	23.01%	22.10%	22.06%	17.19%

Source: S&P Capital IQ. Standard template. Financial Sources.