Q1 2021 Mitsubishi Corp Earnings Presentation Transcript

Aug 13, 2020 / 08:00AM GMT
Presentation
Aug 13, 2020 / 08:00AM GMT

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Corporate Participants
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* Kazuyuki Masu
Mitsubishi Corporation - Executive VP, Corporate Functional Officer, CFO & Director
* Yuzo Nouchi
Mitsubishi Corporation - Senior VP & GM of Corporate Accounting Department

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

Hello. This is Kazuyuki Masu, CFO. Thank you for participating in our financial results call today, despite your busy schedules. First, I will walk you through the overview and then Mr. Nouchi, General Manager of the Corporate Accounting Department, will provide details.

There are 3 key points that I would like to explain: first, consolidated net income for the first quarter decreased by JPY 124.5 billion year-on-year to JPY 36.7 billion; second, the consolidated net income forecast for fiscal 2020 has been set at JPY 200 billion, which includes the impact of COVID-19; the third point is that there will be

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