Mitsui Matsushima : Presentation of Financial Results for the Fiscal Year Ended March 2023

Presentation of Financial Results for

the Fiscal Year Ended March 2023

Mitsui Matsushima Holdings Co., Ltd.

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Contents

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10P

19P

23P

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FY2022 Financial Results

FY2023 Consolidated Earnings Forecast and Shareholder Returns

Progress of the Medium-term Management Plan

Businesses of the Mitsui Matsushima Group

Reference Materials

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FY2022 Financial Results

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Consolidated Income Statement

Income Statement

• Profit significantly exceeded the previous all-time record profit recorded in FY2021.

				(Million yen)
	FY2021	FY2022	Y-o-y	Main factor behind changes
	Change
				・Conversion of Nippon Katan into a subsidiary
Net sales	46,592	80,015	+33,422	(Power-Related Materials Business)
・Rise in coal prices in the Coal Production
				Business
Operating profit	8,417	35,789	+27,372 ・Rise in coal prices in the Coal Production
[before amortization of
[9,091]	[36,553]	[+27,461]	Business
goodwill]*
Ordinary profit	8,595	35,933	+27,337

Net profit attributable to	5,396	22,977	+17,580
owners of parent

* Operating profit before amortization of goodwill is operating profit excluding the amortization of goodwill that arises from business acquisitions.

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Consolidated Segment Information

• The Consumer Goods and Services Business segment comprises Beverage and Food Packages, Apparel, Electronic Parts, Office Equipment, Pets, Housing-Related Materials, and Power-Related Materials.
• • Nippon Katan Co., Ltd. (Power-Related Materials Business) was consolidated (1Q FY2022).
• The Energy Business segment comprises the Coal Production Business (Note), the Coal Sales Business, and the

Renewable Energy Business.

(Note) The fiscal year end of the Coal Production Business is December 31, and the financial figures for January to December are used.

Net sales

Business	FY2021	FY2022	Year-on-year
change
Consumer Goods and	26,972	29,504	+2,532
Services
Energy	18,282	49,068	+30,785

Segment profit			(Million yen)
Business	FY2021	FY2022	Year-on-year
change
Consumer Goods and
Services	2,959	3,718	+759
[before amortization of	[3,633]	[4,482]	[+848]
goodwill]
Energy	6,333	33,922	+27,589

Other	1,421	1,561	+139
	Other	171	148	(23)
Adjustments	(83)	(118)	(35)		Adjustments	(1,047)	(2,000)	(953)
					Total	8,417	35,789	+27,372
Total	46,592	80,015	+33,422		[before amortization
	[9,091]	[36,553]	[+27,461]
	of goodwill]

• "Other" represents business segments not included in reporting segments and includes the Real Estate Business, the Stevedore and Warehouse Business, etc.
• Adjustments in segment profit include companywide expenses not allocated to each reporting segment.
• • FY2021: Expenses decreased temporarily as the Company received a size-based business tax refund.
  • FY2022: Expenses increased temporarily mainly due to the payment of special grants from the Company to the employees of subsidiaries and special sponsorship

of a ladies professional golf tournament.	5