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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 2022 JPYUSD
Revenue17,264.82B153,639.02M
Gross Profit2,150.76B19,139.56M
Operating income718,725M6,395.90M
Income before tax860,932M7,661.39M
Net income937,529M8,343.03M
EBITDA1,263.76B11,246.22M
Diluted EPS625.725.56
Dividends Per Share1501.33
Total Assets21,912.01B180,531.51M
Total liabilities14,054.84B115,796.83M
Total equity6,880.23B56,685.74M
Operating cash flow1,055.84B9,395.91M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 7,567.26B 16,103.76B 14,779.73B 12,884.52B 17,264.82B
Gross Profit 1,886.50B 1,989.34B 1,789.13B 1,605.10B 2,150.76B
Operating income 499,241M 586,019M 357,899M 207,399M 718,725M
Income before tax 812,722M 851,813M 406,909M 102,955M 860,932M
Net income 560,173M 590,737M 535,353M 172,550M 937,529M
EBITDA 753,429M 836,524M 881,729M 731,229M 1,263.76B
Diluted EPS 352.44 371.54 347.71 116.56 625.72
Dividends Per Share 110 125 132 134 150
Total Assets 16,036.98B 16,532.80B 18,033.42B 18,634.97B 21,912.01B
Total liabilities 9,771.77B 9,895.88B 11,816.53B 12,096.58B 14,054.84B
Total equity 5,332.42B 5,696.24B 5,227.35B 5,613.64B 6,880.23B
Operating cash flow 742,482M 652,681M 849,728M 1,017.55B 1,055.84B
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 68,276.60M 145,216.74M 135,935.88M 121,486.28M 153,639.02M
Gross Profit 17,021.25M 17,939.01M 16,455.44M 15,134.31M 19,139.56M
Operating income 4,504.46M 5,284.46M 3,291.75M 1,955.53M 6,395.90M
Income before tax 7,332.89M 7,681.28M 3,742.52M 970.74M 7,661.39M
Net income 5,054.23M 5,327.01M 4,923.88M 1,626.94M 8,343.03M
EBITDA 6,797.91M 7,543.41M 8,109.65M 6,894.65M 11,246.22M
Diluted EPS 3.17 3.35 3.19 1.09 5.56
Dividends Per Share 0.99 1.12 1.21 1.26 1.33
Total Assets 150,794.41M 149,368.03M 167,045.74M 168,642.27M 180,531.51M
Total liabilities 91,883.17M 89,405.79M 109,457.92M 109,471.32M 115,796.83M
Total equity 50,140.34M 51,463.58M 48,421.64M 50,802.23M 56,685.74M
Operating cash flow 6,699.14M 5,885.59M 7,815.33M 9,594.33M 9,395.91M

Valuation Measures

Mar 2022
PER7.24
ROA4.62%
ROE15.00%
Operating margin4.16%
Profit margin5.43%

Key executives

  • President & Chief Executive Officer: Katsuya Nakanishi
  • Group CEO-Food Industry Group & Executive VP: Norio Saigusa
  • Representative Director & Executive Vice President: Yuzo Nouchi
  • Senior Vice President: Hideyuki Hori
  • Senior Vice President: Hiroshi Kuwata

Shareholders

  • Berkshire Hathaway, Inc. (Investment Management) (6.5%)
  • Nomura Asset Management Co., Ltd. (4.0%)
  • Meiji Yasuda Life Insurance Co. (3.9%)
  • Tokio Marine Holdings, Inc. (3.1%)
  • Mitsubishi Heavy Industries Pension Fund (2.1%)
  • The Vanguard Group, Inc. (2.1%)
  • Daiwa Asset Management Co. Ltd. (1.7%)
  • Nikko Asset Management Co., Ltd. (1.6%)
  • BlackRock Fund Advisors (1.6%)
  • Mitsubishi Electric Pension Fund (1.2%)

Contact Details

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Last Updated on 30 Nov, 2022

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