Mitsubishi Corporation (MSBHF)

Mitsubishi 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
Revenue	19,361,341	19,567,601	21,571,973	17,264,828	12,884,521	14,779,734
Revenue Growth (YoY)	-5.14%	-9.29%	24.95%	34.00%	-12.82%	-8.22%
Cost of Revenue	17,101,441	17,212,990	19,022,501	15,105,849	11,277,629	12,992,916
Gross Profit	2,259,900	2,354,611	2,549,472	2,158,979	1,606,892	1,786,818
Selling, General & Admin	1,743,772	1,692,282	1,607,518	1,432,039	1,397,707	1,431,232
Other Operating Expenses	-41,750	9,818	-3,074	-14,585	-12,866	-10,896
Operating Expenses	1,702,022	1,702,100	1,608,118	1,418,934	1,385,312	1,421,219
Operating Income	557,878	652,511	941,354	740,045	221,580	365,599
Interest Expense	-187,913	-191,141	-115,377	-31,388	-46,300	-70,038
Interest & Investment Income	335,515	305,374	203,642	186,532	117,826	173,278
Earnings From Equity Investments	446,776	444,385	500,180	393,803	97,086	179,325
Currency Exchange Gain (Loss)	-27,763	-27,763	26,009	-35,151	-9,482	-34,188
Other Non Operating Income (Expenses)	-71,256	-71,256	-40,872	-	-	-13,571
EBT Excluding Unusual Items	1,053,237	1,112,110	1,514,936	1,253,841	380,710	600,405
Impairment of Goodwill	-7,172	-7,172	-8,652	-216	-145,624	-257
Gain (Loss) on Sale of Investments	404,642	233,007	197,005	75,254	62,082	66,929
Gain (Loss) on Sale of Assets	150,329	37,215	-272	6,712	1,530	-62
Asset Writedown	-9,114	-12,566	-22,386	-42,475	-45,171	-18,151
Pretax Income	1,591,922	1,362,594	1,680,631	1,293,116	253,527	648,864
Income Tax Expense	391,011	337,736	409,132	288,657	121,286	56,713
Earnings From Continuing Operations	1,200,911	1,024,858	1,271,499	1,004,459	132,241	592,151
Minority Interest in Earnings	-84,898	-60,824	-90,805	-66,930	40,309	-56,798
Net Income	1,116,013	964,034	1,180,694	937,529	172,550	535,353
Net Income to Common	1,116,013	964,034	1,180,694	937,529	172,550	535,353
Net Income Growth	20.42%	-18.35%	25.94%	443.34%	-67.77%	-9.38%
Shares Outstanding (Basic)	4,095	4,190	4,377	4,429	4,430	4,608
Shares Outstanding (Diluted)	4,115	4,209	4,396	4,446	4,441	4,619
Shares Change (YoY)	-4.60%	-4.26%	-1.11%	0.11%	-3.86%	-3.16%
EPS (Basic)	272.52	230.10	269.76	211.69	38.95	116.17
EPS (Diluted)	264.41	222.37	268.56	208.58	38.86	115.90
EPS Growth	23.06%	-17.20%	28.76%	436.78%	-66.47%	-6.42%
Free Cash Flow	1,102,426	826,838	1,475,184	662,011	628,569	523,714
Free Cash Flow Per Share	267.93	196.44	335.55	148.91	141.54	113.38
Dividend Per Share	85.000	70.000	60.000	50.000	44.667	44.000
Dividend Growth	22.60%	16.67%	20.00%	11.94%	1.52%	5.60%
Gross Margin	11.67%	12.03%	11.82%	12.50%	12.47%	12.09%
Operating Margin	2.88%	3.33%	4.36%	4.29%	1.72%	2.47%
Profit Margin	5.76%	4.93%	5.47%	5.43%	1.34%	3.62%
Free Cash Flow Margin	5.69%	4.23%	6.84%	3.83%	4.88%	3.54%
EBITDA	842,249	935,958	1,218,161	993,931	455,933	544,495
EBITDA Margin	4.35%	4.78%	5.65%	5.76%	3.54%	3.68%
D&A For EBITDA	284,371	283,447	276,807	253,886	234,353	178,896
EBIT	557,878	652,511	941,354	740,045	221,580	365,599
EBIT Margin	2.88%	3.33%	4.36%	4.29%	1.72%	2.47%
Effective Tax Rate	24.56%	24.79%	24.34%	22.32%	47.84%	8.74%
Advertising Expenses	-	80,462	72,959	78,057	74,435	86,511

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