Source - RNS
RNS Number : 5088Y
Mitsubishi Corporation
09 May 2019
 

Translation of report filed with the Tokyo Stock Exchange on May 9, 2019

 

Notice Concerning Differences between Consolidated Actual Results

for the Fiscal Years Ended March 31, 2018 and 2019

 

This notice serves to provide information on differences between consolidated actual results for the fiscal year ended March 31, 2018 and the fiscal year ended March 31, 2019.

 

Details are as follows.

 

1.    Differences between Consolidated Actual Results for the fiscal year ended March 31, 2018 and the fiscal year ended March 31, 2019.

 


Revenues

Profit

before tax

Profit

for the year

Profit for the year

attributable to

Owners of the Parent

Profit for the year

attributable to

Owners of the Parent

per share (basic)

Actual Results for fiscal year ended March 31, 2018 (A)

Millions of Yen

 

7,567,394

Millions of Yen

 

812,722

Millions of Yen

 

610,416

Millions of Yen

 

560,173

Yen

 

353.27

Actual Results for fiscal year ended March 31, 2019 (B)

16,103,763

851,813

645,784

590,737

372.39

Difference (B-A)

8,536,369

39,091

35,368

30,564

19.12

Difference (%)

112.80%

4.81%

5.79%

5.46%

5.41%

 

2.    Reasons for Differences

Differences between Consolidated Actual Results for the fiscal year ended March 31, 2018 and the fiscal year ended March 31, 2019

Revenues for the fiscal year ended March 31, 2019 were higher than those of the prior year due to the application of IFRS15 "Revenue from Contracts with Customers" and the resulting increase in transactions in which identified performance obligations are transfer of goods or services as principal and therefore revenue is recognized in the gross amount of consideration. The application of IFRS15 has no significant impact on Profit before tax and Profit for the year.

 

 


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