Q2 2024 Mitsubishi Corp Earnings Presentation Transcript

Nov 02, 2023 / NTS GMT
Presentation
Nov 02, 2023 / NTS GMT

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Corporate Participants
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* Katsuya Nakanishi
Mitsubishi Corporation - President, CEO & Director
* Yuzo Nouchi
Mitsubishi Corporation - Executive VP, Corporate Functional Officer, CFO & Representative Director

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Katsuya Nakanishi - Mitsubishi Corporation - President, CEO & Director

I am Nakanishi, President and CEO. Thank you very much for taking time out of your busy schedule today to join our company's fiscal '23 Q2 results meeting. First, I'll give you an overview of the financial results and also an update on Midterm Corporate Strategy 2024. Then our CFO, Mr. Nouchi will explain the detailed FY '23 Q2 results and the outlook for fiscal year 2023.

Now please refer to presentation material Page 3. First, consolidated net income for fiscal year '23 Q2 was JPY 466.1 billion, the second highest ever first half results following the previous fiscal year. Although net income decreased by JPY 253.9 billion year-on-year, mainly

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