Mitsubishi
The Japanese conglomerate, which has businesses ranging from automotive to energy to electronics, saw global revenues skid 6.4% and profits fall 7.6%. The company said its profits took a hit primarily due to issues with its carmaking division, its liquified natural gas business, and its petrochemical operations. Mitsubishi also said its mining business was impacted by a slump in demand for Australian metallurgical coal, but that this was offset by a rebound in its Chilean copper mining business. The Covid-19 pandemic, meanwhile, made predicting the quarters ahead too difficult. Like many of its peers, it has declined to provide forecasts for the coming year.
Sergei Bobylev—TASS/Getty Images
Company Information
As of 8/3/2022
Country
Japan
Headquarters
Tokyo
Industry
Trading
CEO
Katsuya Nakanishi
Website
Company Type
Public
Ticker
MSBHF
Revenues ($M)
$153,690
Profits ($M)
$8,345.8
Market Value ($M)
$42,212
Employees
80,728
Figures prepared in accordance with International Accounting Standards. Figures are for fiscal year ended March 31, 2022. Market value as of July 19, 2022.
Key Financials (Last Fiscal Year)
($ Millions)
% change
Revenues ($M)
$153,690
26.4%
Profits ($M)
$8,345.8
412.7%
Assets ($M)
$180,479.5
-
Total Stockholder Equity ($M)
$56,669.4
-
Profit Ratios
Profit as % of Revenues
5.4%
Profits as % of Assets
4.6%
Profits as % of Stockholder Equity
14.7%
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