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Distribution Services

Mitsubishi Corp.

Business Summary

Mitsubishi Corp. engages in the provision of services utilizing the function of general trading. It operates through the following segments: Global Environmental and Infrastructure, Industrial Finance, Logistics and Development, Energy Business, Metals, Machinery, Chemicals, Living Essentials, and Others. The Global Environmental and Infrastructure segment handles trading and related business operations in power generation, water, transportation, and other necessary infrastructure. The Industrial Finance, Logistics and Development segment deals with asset management, infrastructure financing, corporate financing, and leasing. It also provides solutions in construction and real estate development focusing on commercial facilities and urban development, condominium development, and logistics. The Energy Business segment explores, develops and produces natural gas, crude oil, petroleum products, petroleum coke, coal coke, carbon products, and liquefied petroleum gas. The Metals segment supplies steel products, non-ferrous metals, and ferrous raw materials. The Machinery segment handles industrial machinery, shipping, defense and aerospace, motor vehicles and Isuzu business. The Chemicals segment supplies chemical products that include raw materials for synthetic resins and fibers, chemical fertilizers, inorganic raw materials, industrial salts, plastics, electronic materials, and life science products. The Living Essentials segment provides consumer necessities connected with clothing, food and housing, which includes food, textile, daily necessities, healthcare, distribution and retail services. The Others segment represents services and operational support of corporate staff departments to the company and its affiliates; income and expenses from financial and personnel-related activities; and cash and securities for financial and investment activities. The company was founded by Yataro Iwasaki on July 1, 1954 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2021 JPYUSD
Revenue12,884.52B121,486.28M
Gross Profit1,605.10B15,134.31M
Operating income207,399M1,955.53M
Income before tax102,955M970.74M
Net income172,550M1,626.94M
EBITDA731,229M6,894.65M
Diluted EPS116.561.09
Dividends Per Share1341.26
Total Assets18,634.97B168,642.27M
Total liabilities12,096.58B109,471.32M
Total equity5,613.64B50,802.23M
Operating cash flow1,017.55B9,594.33M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 6,425.76B 7,567.26B 16,103.76B 14,779.73B 12,884.52B
Gross Profit 1,328.63B 1,886.50B 1,989.34B 1,789.13B 1,605.10B
Operating income 396,031M 499,241M 586,019M 357,899M 207,399M
Income before tax 601,440M 812,722M 851,813M 406,909M 102,955M
Net income 440,293M 560,173M 590,737M 535,353M 172,550M
EBITDA 597,222M 753,429M 836,524M 881,729M 731,229M
Diluted EPS 277.16 352.44 371.54 347.71 116.56
Dividends Per Share 80 110 125 132 134
Total Assets 15,753.55B 16,036.98B 16,532.80B 18,033.42B 18,634.97B
Total liabilities 9,964.54B 9,771.77B 9,895.88B 11,816.53B 12,096.58B
Total equity 4,917.24B 5,332.42B 5,696.24B 5,227.35B 5,613.64B
Operating cash flow 583,004M 742,482M 652,681M 849,728M 1,017.55B
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 59,339.82M 68,276.60M 145,216.74M 135,935.88M 121,486.28M
Gross Profit 12,269.54M 17,021.25M 17,939.01M 16,455.44M 15,134.31M
Operating income 3,657.21M 4,504.46M 5,284.46M 3,291.75M 1,955.53M
Income before tax 5,554.10M 7,332.89M 7,681.28M 3,742.52M 970.74M
Net income 4,065.96M 5,054.23M 5,327.01M 4,923.88M 1,626.94M
EBITDA 5,515.15M 6,797.91M 7,543.41M 8,109.65M 6,894.65M
Diluted EPS 2.55 3.17 3.35 3.19 1.09
Dividends Per Share 0.73 0.99 1.12 1.21 1.26
Total Assets 141,376.26M 150,794.41M 149,368.03M 167,045.74M 168,642.27M
Total liabilities 89,424.26M 91,883.17M 89,405.79M 109,457.92M 109,471.32M
Total equity 44,128.57M 50,140.34M 51,463.58M 48,421.64M 50,802.23M
Operating cash flow 5,383.85M 6,699.14M 5,885.59M 7,815.33M 9,594.33M

Valuation Measures

Mar 2021
PER26.78
ROA0.94%
ROE3.18%
Operating margin1.60%
Profit margin1.33%

Key executives

  • President & Representative Director: Takehiko Kakiuchi
  • CFO, Representative Director & Head-Corporate: Kazuyuki Masu
  • Executive Officer & General Manager-Healthcare: Nodoka Yamasaki
  • Executive Officer: Osami Takeuchi
  • Executive Officer & GM-Fresh Food Products: Yasumasa Kashiwagi

Shareholders

  • Berkshire Hathaway, Inc. (Investment Management) (5.0%)
  • Meiji Yasuda Life Insurance Co. (4.3%)
  • Tokio Marine Holdings, Inc. (3.7%)
  • Nomura Asset Management Co., Ltd. (3.5%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.2%)
  • Mitsubishi Heavy Industries Pension Fund (2.1%)
  • The Vanguard Group, Inc. (1.9%)
  • Nikko Asset Management Co., Ltd. (1.8%)
  • Daiwa Asset Management Co. Ltd. (1.5%)
  • BlackRock Fund Advisors (1.3%)

Contact Details

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Competitors

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  • Ivanhoe Mines Ltd. Class A
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Last Updated on 21 Jul, 2021

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