Q2 2020 Mitsubishi Corp Earnings Presentation Transcript

Nov 08, 2019 / 05:30AM GMT
Presentation
Nov 08, 2019 / 05:30AM GMT

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Corporate Participants
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* Kazuyuki Masu
Mitsubishi Corporation - Executive VP, Corporate Functional Officer, CFO & Director
* Takehiko Kakiuchi
Mitsubishi Corporation - CEO, President & Representative Director

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Kazuyuki Masu - Mitsubishi Corporation - Executive VP, Corporate Functional Officer, CFO & Director

Hello. I am Masu, CFO. Based off the presentation that has been handed out, I would like you to refer to Page 1 in the presentation materials. There are 3 main points I'd like to highlight today: first, consolidated net income for the first 2 quarters declined by JPY 66.9 billion year-over-year to JPY 242.4 billion; second, we have revised the full year consolidated net income forecast of JPY 600 billion, announced in May, downwards to JPY 520 billion; lastly, we have revised the full year dividends per share forecast of JPY 125, announced in May, upwards by JPY 7 to JPY 132.

First, I'll explain the financial

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