Notice concerning differences between Non-Consolidated Actual Results for the fiscal years ended March 31, 2019 and 2020
This notice serves to provide information on differences between non-consolidated actual results for the fiscal year ended March 31, 2019 and the fiscal year ended March 31, 2020.
Details are as follows.
- Differences between Non-Consolidated Actual Results for the fiscal year ended March 31, 2019 and the fiscal year ended March 31, 2020.
| Revenues | Ordinary Income | Net Income | |
| Actual Results for fiscal year ended March 31, 2019 (A) | Millions of Yen 2,497,837 | Millions of Yen 386,152 | Millions of Yen 396,117 |
| Actual Results for fiscal year | |||
| ended March 31, 2020 (B) | 1,737,893 | 300,203 | 364,663 |
| Difference (B-A) | (759,944) | (85,949) | 31,454) |
| Difference (%) | (30.42%) | (22.26%) | (7.94%) |
- Reasons for Differences
Revenues for the fiscal year ended March 31, 2020 were lower than those of the prior year mainly due to a decrease in transaction volumes and lower market prices in the Petrochemicals business.
SOURCE: Mitsubishi Corporation
