Full Year 2023 Mitsubishi Corp Earnings Presentation Transcript

May 11, 2023 / 06:30AM GMT
Presentation
May 11, 2023 / 06:30AM GMT

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Corporate Participants
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* Katsuya Nakanishi
Mitsubishi Corporation - President, CEO & Director

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Katsuya Nakanishi - Mitsubishi Corporation - President, CEO & Director

This is Nakanishi, President and CEO. Thank you very much for taking time out of your busy schedule to attend our financial results briefing today. I would like to explain the progress of the first year of Midterm Corporate Strategy 2024, including an overview of the financial results for the fiscal year 2022 and our future initiatives. Please refer to the lower right-hand side of page 3 of the presentation materials.

Consolidated net income for FY 2022 was JPY 1.1807 trillion, an increase of JPY 243.2 billion from the previous year. As in previous years, we appropriately address potential losses through a review of asset valuations. But we still managed to significantly surpass the previous year's record high earnings to reach the JPY 1 trillion level for the very first

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