May 9, 2017
Subsidiary Chuo Kagaku Co., Ltd. Reverses Deferred Tax Assets and Revises its Earnings Forecasts for Fiscal Year Ending March 31, 2017
Mitsubishi Corporation (MC) today announced that consolidated subsidiary Chuo Kagaku Co., Ltd. has recorded a reversal of deferred tax assets and revised its earnings forecasts for the fiscal year ending March 31, 2017 that were announced on February 9, 2017.
This has minimal effect on MC’s consolidated and non-consolidated earnings for the fiscal year ending March 31, 2017.
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