Mitsubishi : Notice Concerning Differences between Consolidated Actual Results For the Fiscal Years Ended March 31, 2020 and 2021 and Differences between Non-Conso

Translation of report filed with the Tokyo Stock Exchange on May 7, 2021

Notice Concerning Differences between Consolidated Actual Results

For the Fiscal Years Ended March 31, 2020 and 2021 and Differences between

Non-Consolidated Actual Results for the Fiscal Years Ended March 31, 2020 and 2021

This notice serves to provide information on differences between consolidated actual results for the fiscal year ended March 31, 2020 and the fiscal year ended March 31, 2021, as well as differences between non- consolidated actual results for the fiscal year ended March 31, 2020 and the fiscal year ended March 31, 2021.

Details are as follows.

1. Differences between Consolidated Actual Results for the fiscal year ended March 31, 2020 and the fiscal year ended March 31, 2021.

					Profit for the	Profit for the year
		Profit	Profit		year	attributable to
	Revenues		attributable to	owners of the
	before tax	for the year
			owners of the	Parent
					Parent	per share (basic)
Actual Results for	Millions of Yen	Millions of Yen	Millions of Yen	Millions of Yen		Yen
fiscal year
ended March 31,	14,779,734	648,864	592,151	535,353	348.50
2020 (A)
Actual Results for
fiscal year	12,884,521	253,527	132,241	172,550	116.86
ended March 31,
2021 (B)			(459,910			(2
Difference (B-A)	(1,895,213)	(395,337)	)	(362,803)	31.64)
Difference (%)	(12.82%)	(60.93%)	(77.67%)	(67.77%)	(66.47%)

2. Differences between Non-Consolidated Actual Results for the fiscal year ended March 31, 2020 and the fiscal year ended March 31, 2021.

		Revenues	Ordinary Income	Net Income
Actual Results for fiscal year	Millions of Yen	Millions of Yen	Millions of Yen
ended March 31, 2020	(A)	1,737,893	300,203	364,663
Actual Results for fiscal year	1,437,004	417,871	393,351
ended March 31, 2021	(B)
Difference (B-A)		(300,889)	117,668	28,688
Difference (%)		(17.31%)	39.20%	7.87%

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3. Reasons for Differences

Differences between Consolidated Actual Results for the fiscal year ended March 31, 2020 and the fiscal year ended March 31, 2021

Revenues for the fiscal year ended March 31, 2021 were lower than those of the previous year mainly due to a decrease in transaction volumes in the Petroleum business. Profit before tax, profit for the year and profit for the year attributable to owners of the Parent for the fiscal year ended March 31, 2021 were lower than those of the previous year mainly due to impairment losses of goodwill and intangible assets to Lawson.

Differences between Non-Consolidated Actual Results for the fiscal year ended March 31, 2020 and the fiscal year ended March 31, 2021

Revenues for the fiscal year ended March 31, 2021 were lower than those of the previous year mainly due to a decrease in transaction volumes in the Petrochemicals business. Ordinary income and net income for the fiscal year ended March 31, 2021 were higher than those of the previous year due to a rebound from that year's loss on the write-down of investment securities.

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