Q2 2023 Mitsubishi Corp Earnings Presentation Transcript

Nov 10, 2022 / 04:00AM GMT
Presentation
Nov 10, 2022 / 04:00AM GMT

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Corporate Participants
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* Katsuya Nakanishi
Mitsubishi Corporation - President, CEO & Director
* Yuzo Nouchi
Mitsubishi Corporation - Executive VP, Corporate Functional Officer, CFO & Representative Director

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Katsuya Nakanishi - Mitsubishi Corporation - President, CEO & Director

Thank you. This is Nakanishi, the President. Thank you very much indeed for coming to the announcement of the results for the 6 months ended September 2022. First, I'd like to talk about the overall business results and ask our CFO, Mr. Nouchi, to give you some details.

What I would like to explain to you, there are 4 points as follows. The first is that 6-month consolidated net income doubled year-over-year -- almost doubled to reach JPY 720 billion. The second point is that we made the upward revision to the forecast for the year from the initial forecast in May of JPY 850 billion to the JPY 1.03 trillion, which is the highest record.

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