Subsidiary Chuo Kagaku Co., Ltd. Reports Extraordinary Profit and Loss; and Revises its Earnings Forecasts for Fiscal Year Ending March 31, 2018

Mitsubishi Corporation (MC) today announced that consolidated subsidiary Chuo Kagaku Co., Ltd. has recorded an extraordinary profit and extraordinary loss, and has revised its earnings forecasts for the fiscal year ending March 31, 2018 that were announced on November 8, 2017.  In addition, Chuo Kagaku has reported that it has reached resolutions on a change of its representative director, company reorganizations, and changes in duties and responsibilities of its officers.

 

This has minimal effect on MC’s consolidated and non-consolidated earnings for the fiscal year ending March 31, 2018.