Mitsubishi Corporation Supplementary Information to the Financial Results for the Nine Months December 2011 Based on US GAAP (page) Supplementary Information to the Consolidated Balance Sheets ****** 2 Supplementary Information to the Consolidated Statements of Income ****** 3 Supplementary Information to the Consolidated Statements of Cash Flows ****** 4 Operating Segment Information (Nine Months December 2011) ****** 5-6 Performance at Consolidated Subsidiaries and s ****** 7-9 Financial Indicators ****** 10 Forward-Looking Statements This release contains forward-looking statements about Mitsubishi Corporation s future plans, strategies, beliefs and performance that are not historical facts. Such statements are based on the company s assumptions and beliefs in light of competitive, financial and economic data currently available and are subject to a number of risks, uncertainties and assumptions that, without limitation, relate to world economic conditions, exchange rates and commodity prices. Accordingly, Mitsubishi Corporation wishes to caution readers that actual results may differ materially from those projected in this release and that Mitsubishi Corporation bears no responsibility for any negative impact caused by the use of this release. 1
Please refer to pages 9 and 10 of the earnings release. Supplementary Information for Consolidated Balance Sheets [Assets] Main items 2011/3 2011/12 Current assets 5,993.4 6,199.7 206.3 Sheet Accounts receivable-trade 2,133.4 2,409.6 276.2 Reflects higher transaction volumes and sales prices. Inventories 970.7 960.0 (10.7) Decrease in inventory levels commensurate with operating leases, etc. Other current assets 326.5 272.5 (54.0) Reflects in derivative assets due to changes in market prices, etc. Investments and non-current receivables 5,279.4 5,846.2 566.8 Investments in and advances to affiliated companies 1,336.3 1,513.7 177.4 Increase due to new investments, etc. Other investments 1,431.4 1,648.6 217.2 Increase due to new investments, etc. Property and equipment-net 1,735.8 1,882.9 147.1 Increase due to asset acquisitions such as real estate and aircraft. [Liabilities] Main items 2011/3 2011/12 Current liabilities 3,981.3 4,380.7 399.4 Short-term debt 656.9 750.7 93.8 Increase due to increased working capital and other demand for funds at subsidiaries, etc. Accounts payable-trade 1,880.0 2,191.7 311.7 Reflects higher transaction volumes and sales prices. Long-term liabilities 3,741.5 4,136.6 395.1 Long-term debt 3,188.7 3,708.3 519.6 Increase due to borrowing and corporate bond issuance, etc. Deferred income taxes 191.9 114.2 (77.7) Reflects drop in share prices of listed shares. Other long-term liabilities 312.2 266.5 (45.7) Reflects in advances from customers on long-term transactions, etc. [Shareholders' Equity] Main items 2011/3 2011/12 Total shareholders' equity 3,233.3 3,219.0 (14.3) Retained earnings 3,139.0 3,263.1 124.1 Reflects net income (+370.2 billion yen), and due to payment of dividends (-116.8 billion yen) and due to treasury stock retirement (-128.6 billion yen), etc. Net unrealized gains on securities available for sale 236.8 150.7 (86.1) Reflects drop in share prices of listed shares. Foreign currency translation adjustments (395.7) (556.1) (160.4) Less treasury stock (151.7) (21.4) 130.3 Reflects treasury stock retirement. Decrease in Australian dollar-denominated investments due to the yen s appreciation, etc. US$ 2011/3 83.15 2011/12 77.74 (5.41 yen appreciation) AUS$ 2011/3 86.08 2011/12 79.12 (6.96 yen appreciation) Euro 2011/3 117.57 2011/12 100.71 (16.86 yen appreciation) Major indices 2011/3 2011/12 2010/12 2011/12 Current ratio 150.5% 141.5% (9.0%) ROE (* 2 ) 12.0% 11.5% (0.5%) Total shareholders' equity ratio (* 1 ) 28.7% 26.7% (2.0%) ROA (* 2 ) 3.8% 3.2% (0.6%) Total assets 11,272.8 12,045.8 773.0. Interest-bearing liabilities (* 3 ) 2011/3 2011/12 (*1) Total shareholders' equity shows the amount of total shareholders' equity attributable to Mitsubishi Corporation, excluding noncontrolling interests. (*2) ROE=Calculated with net income attributable to Mitsubishi Corporation as the numerator, ROA=Calculated with income before income taxes as the numerator. Interest-bearing debt (Gross) 4,257.6 4,831.5 573.9 Interest-bearing debt (Net) 2,947.3 3,479.6 532.3 Total shareholders' equity (* 1 ) 3,233.3 3,219.0 (14.3) Interest-bearing debt to equity ratio (Gross) 1.3 1.5 0.2 Interest-bearing debt to equity ratio (Net) 0.9 1.1 0.2 2011/3 2011/12 Short-term borrowings 542.0 600.9 58.9 CP 114.9 149.8 34.9 Current maturities of long-term borrowings & andbonds 465.4 443.8 (21.6) Long-term borrowings 2,328.8 2,663.2 334.4 Bonds 806.5 973.8 167.3 Interest-bearing debt (Gross) 4,257.6 4,831.5 573.9 (*3) Interest-bearing liabilities do not include the impact of adopting ASC Codification Topic 815, "Derivatives and Hedging." 2
Please refer to page 11 of the earnings release. Supplementary Information to the Consolidated Statements of Income 1 Revenues (271.9 billion yen increase) Revenues from trading, manufacturing and other activities Trading margins and commissions on trading transactions Total 3,387.6 3,658.4 270.8 464.3 465.4 1.1 3,851.9 4,123.8 271.9 2 Gross profit (24.8 billion yen ) (Reference: Operating income (loss)) Industrial Finance, Logistics & Development 36.3 35.2 (1.1) Industrial Finance, Logistics & Development 7.9 7.3 (0.6) Energy Business 35.8 51.1 15.3 Energy Business 5.9 20.3 14.4 Metals 275.2 225.6 (49.6) Metals 168.2 120.5 (47.7) Machinery 133.4 127.9 (5.5) Machinery 49.8 41.3 (8.5) Chemicals 62.3 63.4 1.1 Chemicals 21.8 22.6 0.8 Living Essentials 337.8 350.4 12.6 Living Essentials 50.3 57.0 6.7 Others 13.3 15.7 2.4 Others (32.9) (36.0) (3.1) Total 894.1 869.3 (24.8) Total 271.0 233.0 (38.0) 3 SG&A expenses (16.3 billion yen increase) Parent company (157.1) (159.7) (2.6) Regional subsidiaries (28.8) (28.7) 0.1 Subsidiaries and affiliates (429.8) (443.6) (13.8) Total (615.7) (632.0) (16.3) 4 Provision for doubtful receivables (3.1 billion yen ) Reflects absence of provisions in previous fiscal year. 5 Net interest expense (4.2 billion yen ) Decrease due to lower interest rates. 6 Dividend income (5.0 billion yen increase) (Reference: Net financial income) Resource related 64.9 71.0 6.1 Interest income 24.4 28.5 4.1 Production, sales and others 17.6 16.5 (1.1) Interest expense (30.1) (30.0) 0.1 Total 82.5 87.5 5.0 Net interest expense (5.7) (1.5) 4.2 Dividends 82.5 87.5 5.0 Net financial income 76.8 86.0 9.2 7 Gain on marketable securities and investments-net (38.4 billion yen deterioration) Write-down of marketable securities (available for sale) : +4.2 ( Dec. 2010: -13.5 Dec. 2011: -9.3) Impairment losses on non-performing assets : -5.0 ( Dec. 2010: -6.3 Dec. 2011: -11.3) Includes investment write-downs on listed affiliated companies. Absence of a gain on a share transfer at a Other realized gains and unrealized gains on shares, etc. : -37.6 ( Dec. 2010: +61.1 Dec. 2011: +23.5) Chilean iron ore business (-36.6 billion yen). 8 Gain (loss) on property and equipment-net (1.5 billion yen deterioration) Gains on sale : -1.0 ( Dec. 2010: +3.9 Dec. 2011: +2.9) Retirement and disposal losses : +0.5 ( Dec. 2010: -2.7 Dec. 2011: -2.2) Impairment losses : -1.0 ( Dec. 2010: -1.1 Dec. 2011: -2.1) 9 Other income-net (16.4 billion yen improvement) Improvement in foreign exchange gains and losses, etc. 10 of affiliated companies-net (19.7 billion yen increase) Reflects higher earnings of overseas resource-related business investees, etc. 3
I. Cash Flows From Operating Activities [Nine Months December 31, 2011] Net cash provided by operating activities: 362.6 billion yen Please refer to page 13 of the earnings release. Supplementary Information to the Consolidated Statements of Cash Flows Net cash provided by operating activities was 362.6 billion yen, despite an increase in working capital requirements. Operating activities provided net cash due to strong cash flows from operating transactions primarily at resource-related subsidiaries and firm growth in dividend income from investees, mainly resource-related business investees. [Comparison With the Nine Months December 31, 2010] Increased 91.9 billion yen Net cash provided by operating activities increased 91.9 billion yen year on year, as a result mainly of an improvement in working capital requirements. (*) Breakdown of depreciation and amortization Dec. 2010 Dec. 2011 Tangible fixed assets 89.5 90.8 Intangible fixed assets 15.1 14.4 Total 104.6 105.2 II. Cash Flows From Investing Activities [Nine Months December 31, 2011] Net cash used in investing activities: 817.9 billion yen Investing activities used net cash of 817.9 billion yen, with the main outflows being an investment in a Chilean copper asset rights holding company, investments to acquire working interests in resource-related subsidiaries, and capital expenditures at resource-related subsidiaries. [Comparison With the Nine Months December 31, 2010] Increased 671.2 billion yen Investing activities used 671.2 billion yen more net cash in the first nine months of the year ending than the corresponding period of the previous fiscal year. This was due to an investment in a Chilean copper asset rights holding company, investments to acquire working interests in resource-related subsidiaries, and capital expenditures at resource-related subsidiaries. III. Cash Flows From Financing Activities [Nine Months December 31, 2011] Net cash provided by financing activities: 494.4 billion yen Net cash provided by financing activities was 494.4 billion yen, despite the payment of dividends at the Parent. Cash was mainly provided by fund procurement for new investments. [Comparison With the Nine Months December 31, 2010] Increased 588.1 billion yen There was a 588.1 billion yen year-on-year change in net cash provided by financing activities from the corresponding period of the previous fiscal year. Cash was mainly provided by fund procurement for new investments. Note: Reconciliation With the Balance Sheet Movements in cash flows are generally consistent with changes on the balance sheet. However, due to new consolidations and exclusions as well as eliminating the effect of mark-tomarket valuations and foreign exchange rate fluctuations, some cash flow movements may be inconsistent with balance sheet changes. 4
Please refer to page 15 of the earnings release. Operating Segment Information (Nine Months Dec. 2011) [Gross Profit] Exchange rate for U.S. currency: Average for nine months ended Dec. 2010: 86.84 yen Average for nine months ended Dec. 2011: 78.96 yen (7.88 yen (9.07%) appreciation) Crude oil: Average for nine months ended Dec. 2010: US$78.77/BBL Average for nine months ended Dec. 2011: US$108.09/BBL (US$29.32/BBL (37.22%) up) ended Dec. 2010 ended Dec. 2011 Industrial Finance, Logistics & Development 36.3 35.2 (1.1) Reflects in earnings in real estate finance businesses. Energy Business 35.8 51.1 15.3 Increase due to higher earnings on transactions because of higher crude oil prices and sales volumes. Metals 275.2 225.6 (49.6) Decrease due to lower sales volumes at an Australian resource-related subsidiary (coking coal), lower sales prices at a ferrochrome production and sales subsidiary, and lower transaction volumes at a steel products-related subsidiary. Decrease due mainly to lower sales in overseas automobile operations and foreign currency fluctuations, despite higher Machinery 133.4 127.9 (5.5) earnings in the construction machinery and other businesses. Chemicals 62.3 63.4 1.1 Reflects higher earnings on strong transactions at the Parent. Living Essentials 337.8 350.4 12.6 Reflects higher earnings on transactions at food-related subsidiaries. Total 880.8 853.6 (27.2) Adjustments and Eliminations 13.3 15.7 2.4 Consolidated 894.1 869.3 (24.8) [Equity in Earnings of d Companies] ended Dec. 2010 ended Dec. 2011 Although lease-related business earnings improved, the decline reflected the absence of gains on the sale of overseas real Industrial Finance, Logistics & Development 7.4 5.5 (1.9) estate recorded in the previous fiscal year. Energy Business 45.0 55.5 10.5 Reflects increase in equity in earnings of overseas resource-related companies due to higher crude oil prices. Metals 28.9 30.4 1.5 Reflects increase in equity in earnings of a resource-related business investee. Machinery 14.7 18.4 3.7 Chemicals 9.7 15.2 5.5 Reflects higher equity in earnings at overseas automobile-related operations, as well as special factors related to a business withdrawal. Reflects higher equity in earnings due to strong transactions at a petrochemical business-related company and certain other entities. Reflects lower equity-method earnings due to natural disaster-related losses at affiliated companies in Japan, despite higher Living Essentials 19.5 19.3 (0.2) earnings on transactions at food-related companies. Total 125.2 144.3 19.1 Adjustments and Eliminations 4.6 5.2 0.6 Consolidated 129.8 149.5 19.7 5
Please refer to page 15 of the earnings release. [Net Income (Loss)] ended Dec. 2010 ended Dec. 2011 Decrease due to the absence of gains on the sale of overseas real estate recorded in the previous fiscal year, despite improved Industrial Finance, Logistics & Development 9.0 8.1 (0.9) lease-related business earnings. Energy Business 73.2 99.2 26.0 Despite the absence of gains recognized on the sale of shares in the previous fiscal year, the Energy Business Group recorded higher earnings due to increased equity-method earnings from overseas resource-related companies in line with higher crude oil prices, along with increased dividend income from overseas resource-related business investees. Metals 189.7 145.4 (44.3) Decrease reflects mainly the absence of gains on a share transfer at a Chilean iron-ore related subsidiary recorded in the previous fiscal year and lower sales volume at an Australian resource-related subsidiary (coking coal). Machinery 44.4 38.3 Despite higher transactions mainly in the construction machinery business, segment net income declined, mainly due to lower (6.1) sales in overseas automobile operations, foreign currency effects, a loss stemming from the withdrawal from a business, and the absence of gains recognized on the sales of shares in the previous fiscal year. Chemicals 21.4 31.4 10.0 Increased mainly due to higher earnings on strong transactions at the Parent, higher equity-method earnings from strong transactions, primarily at a petrochemical business-related company, and bargain purchase gains from the acquisition of a plastic business subsidiary. Living Essentials 37.9 42.3 4.4 Despite lower equity-method earnings, mainly due to natural disaster-related losses at affiliated companies in Japan and the recording of a write-down of shares (The Nisshin OilliO Group, Ltd.), this segment posted higher earnings on increased earnings on transactions at food-related subsidiaries and gains on share sales. Total 375.6 364.7 (10.9) Adjustments and Eliminations (13.4) 5.5 18.9 Consolidated 362.2 370.2 8.0 6
Performance at Consolidated Subsidiaries and s Number of Consolidated Subsidiaries and s (No. of companies) / Total December 2010 December 2011 Increase / Profit Loss Total Profit Loss Total Profit Loss Total Subsidiaries 122 28 150 116 24 140 (6) (4) (10) s 68 15 83 62 18 80 (6) 3 (3) Total 190 43 233 178 42 220 (12) (1) (13) Subsidiaries 156 49 205 161 66 227 5 17 22 s 88 30 118 99 31 130 11 1 12 Total 244 79 323 260 97 357 16 18 34 Subsidiaries 278 77 355 277 90 367 (1) 13 12 s 156 45 201 161 49 210 5 4 9 Total 434 122 556 438 139 577 4 17 21 Profit/Loss of Consolidated Subsidiaries and s (based on MC's equity earnings) / Total December 2010 December 2011 Total (1.8) 56.3 36.1 92.4 178.7 Profit Loss Total Profit Loss Subsidiaries 57.9 (4.7) 53.2 58.1 s 31.2 (0.8) 30.4 40.1 (4.0) Total 89.1 (5.5) 83.6 98.2 (5.8) Subsidiaries 239.6 (10.2) 229.4 191.0 (12.3) s 75.6 (6.0) 69.6 82.6 (5.4) 77.2 Total 315.2 (16.2) 299.0 273.6 (17.7) 255.9 Subsidiaries s Total 297.5 106.8 404.3 (14.9) (6.8) (21.7) 282.6 100.0 382.6 249.1 122.7 371.8 (14.1) (9.4) (23.5) 235.0 113.3 348.3 Profit 0.2 8.9 9.1 (48.6) 7.0 (41.6) (48.4) 15.9 (32.5) Increase / Loss 2.9 (3.2) (0.3) (2.1) 0.6 (1.5) 0.8 (2.6) (1.8) Total 3.1 5.7 8.8 (50.7) 7.6 (43.1) (47.6) 13.3 (34.3) * The Parent has retrospectively adjusted the profit/loss information for the nine months ended December 2010, since a domestic subsidiary changed its fiscal year ending date and a company newly became an equity-method affiliate due to the additional purchase of shares. 7
Performance at Principal Subsidiaries and s * "" represents the share of voting rights held. * Hyphens appear in the equity in earnings columns for subsidiaries and affiliates that do not disclose earnings due to reasons such as, but not limited to, nondisclosure agreements with partners or being a listed company that has not yet announced earnings. < Industrial Finance, Logistics & Development Group > / Increase or Subsidiary Bow Bells House Investment L-1 (U.K.) Financial investment company 100.00 2.5 0.0-2.5 0.0 Subsidiary MC Aviation Partners Inc. Aircraft leasing and management services 100.00 1.4 1.0-0.4 2.0 Subsidiary Mitsubishi Corporation LT, Inc. Warehousing and total logistics services 100.00 1.4 1.4 0.0 2.0 Nine Months Nine Months Dec. 2010 Dec. 2011 Mitsubishi UFJ Lease & Finance Company Ltd. Leasing, installment sales, other financing 20.00 3.4 4.3 0.9 4.8 < Energy Business Group > / or Dec. 2010 Dec. 2011 Astomos Energy Corporation Import, trading, domestic distribution and sales of LPG 49.00 1.7 4.0 2.3 4.4 Brunei LNG Sendirian Berhad (Brunei) Manufacturing and sales of LNG 25.00 - - - - Subsidiary Diamond Gas Holdings Sdn. Bhd. (Malaysia) Stockholding company for GTL (Gas to liquid) project in Malaysia 100.00 - - - - Subsidiary Diamond Gas Netherlands B.V. (The Netherlands) Stockholding company for Malaysia Ⅲ project 80.00 - - - - Subsidiary Diamond Gas Resources Pty. Ltd. (Australia) Sales agent of JALP crude oil and condensate 100.00 0.9 0.4-0.5 0.7 Subsidiary Diamond Gas Sakhalin B.V. (The Netherlands) Stockholding company for Sakhalin Ⅱ project in Russia 100.00 - - - - Subsidiary Diamond Tanker Pte. Ltd. (Singapore) Marine transportation, etc. 100.00-0.5-0.3 0.2 0.2 Encore Energy Pte. Ltd. (Singapore) Energi Mega Pratama Inc. (Indonesia) Japan Australia LNG (MIMI) Pty. Ltd. (Australia) Subsidiary MCX Exploration (USA) Ltd. (U.S.A.) Stockholding company for P.T. Medco Energi Internasional (Indonesia) Exploration, development, and production of oil and natural gas in Indonesia Development and sales of resources (LNG, LPG, condensate and crude oil) Exploration, development and production of oil and natural gas 39.40-0.3-0.2 0.1-1.2 25.00-1.0-1.4-0.4-1.8 50.00 - - - - 100.00 1.4 1.5 0.1-0.6 Subsidiary Mitsubishi Shoji Sekiyu Co., Ltd. Marketing and sales of petroleum products 100.00 4.1 3.0-1.1 2.0 < Metals Group > / or Dec. 2010 Dec. 2011 Iron Ore Company of Canada (Canada) Iron ore production and sales 26.18 13.4 13.7 0.3 - JECO 2 Ltd. (U.K.) Subsidiary JECO Corporation Investment company for Minera Escondida Ltda. copper mines in Chile Investment company for Minera Escondida Ltda. copper mines in Chile 50.00 2.3 0.9-1.4-70.00 12.1 4.6-7.5 - Subsidiary M.C. Inversiones Limitada (Chile) Investment company for iron ore mine in Chile 100.00 37.7 10.6-27.1 - Subsidiary MC Copper Holdings B.V. (The Netherlands) Investment company for Los Pelambres copper mine in Chile 100.00 3.1 3.7 0.6 - Subsidiary Metal One Corporation Steel products operations 60.00 8.1 6.6-1.5 - Subsidiary Mitsubishi Corporation Unimetals Ltd. Metal trading company 100.00 2.1 2.5 0.4 - Subsidiary Mitsubishi Development Pty Ltd (Australia) Investment, production and sales of coal and other metals resources 100.00 120.5 104.9-15.6 - Strand Minerals (Indonesia) Pte. Ltd. (Singapore) Investment company for nickel mine in Indonesia 30.00-1.2-1.3-0.1 - Subsidiary Triland Metals Limited (U.K.) < Machinery Group > / Commodity broker and market maker on the London Metal Exchange (LME) 100.00 1.0 0.6-0.4 - Chiyoda Corporation Plant engineering business 33.74 - - - - Subsidiary Diamond Cammellia S.A. (Panama) Ship owning and chartering 100.00 - - - - FF Sheffe B.V. (The Netherlands) Holding company of automobiles 40.00 - - - - Isuzu Motors Co., (Thailand) Ltd. (Thailand) Manufacturing of automobiles 27.50 2.2 1.6-0.6 2.2 Isuzu Motors International Operations (Thailand) Co., Ltd. (Thailand) Distribution of automobiles 49.00 3.7 1.4-2.3 0.9 Subsidiary MCE Bank GmbH (Germany) Automobile finance 100.00 0.8 2.0 1.2 1.2 Subsidiary Mitsubishi Corporation Machinery, Inc. Export, import and domestic trading of machine parts 100.00 0.6 0.6 0.0 0.8 Subsidiary Mitsubishi Corporation Power Systems, Inc. Supply, installation work, maintenance, inspection of power generating systems and related equipment; in-plant transportation services or Dec. 2010 Dec. 2011 100.00 0.9 0.8-0.1 1.1 Subsidiary Mitsubishi Motors Malaysia Sdn. Bhd. (Malaysia) Distribution of automobiles 52.00 - - - - 8
Subsidiary MSK FARM MACHINERY CORPORATION Sales and service of agricultural machinery and facilities 100.00 0.3 0.4 0.1 0.4 Subsidiary Nikken Corporation Rental and sales of construction machinery and other equipment 96.83 0.8 2.8 2.0 1.9 Subsidiary P.T. Dipo Star Finance (Indonesia) Automobile finance 85.00 - - - - P.T. Krama Yudha Tiga Berlian Motors (Indonesia) Distribution of automobiles 40.00 5.3 4.0-1.3 4.9 Subsidiary The Colt Car Company Ltd. (U.K.) Distribution of automobiles 100.00 - - - - Subsidiary Tri Petch Isuzu Leasing Co., Ltd. (Thailand) Automobile finance 93.50 1.4 1.1-0.3 1.6 Subsidiary Tri Petch Isuzu Sales Co., Ltd. (Thailand) Distribution of automobiles 88.73 10.0 8.3-1.7 11.3 Note: Isuzu Operations (Thailand) Co., Ltd. was renamed Isuzu Motors International Operations (Thailand) Co., Ltd. on July 1, 2011. < Chemicals Group > / Subsidiary Kohjin Co., Ltd. Manufacturing of plastic films, biochemicals and fine chemicals or Dec. 2010 Dec. 2011 100.00 2.0 1.6-0.4 1.8 Metanol de Oriente, METOR, S.A. (Venezuela) Manufacturing and marketing of methanol 25.00 0.7 1.7 1.0 1.3 Subsidiary Mitsubishi Shoji Plastics Corp. Marketing of synthetic raw materials and plastics 100.00 1.1 1.2 0.1 1.5 SPDC Ltd. Investment and petroleum and petrochemicals-related businesses 30.39 7.1 11.2 4.1 - < Living Essentials Group > / Dec. 2010 Dec. 2011 or Subsidiary AGREX Inc. (U.S.A.) Storage and marketing of grain 100.00 1.6 0.7-0.9 - Subsidiary Alpac Forest Products Inc. (Canada) Manufacturing and sales of wood pulp 70.00 2.4 0.8-1.6 - Subsidiary California Oils Corporation (U.S.A.) Manufacturing and sales of processed vegetable oils and fats 100.00 1.0 0.6-0.4 - Subsidiary Dai-Nippon Meiji Sugar Co., Ltd. Manufacturing and wholesale of sugar products 100.00 1.5 1.2-0.3 - Hokuetsu Kishu Paper, Co., Ltd. Manufacturing, processing, and sales of paper and pulp 25.61 1.4 - - - Subsidiary Indiana Packers Corporation (U.S.A.) Processing and sales of pork 80.00 2.3 1.4-0.9 - Subsidiary Kentucky Fried Chicken Japan Ltd. Fast-food restaurant chain and home-delivery pizza stores 66.51 1.1 - - - LAWSON, INC. Franchise chain of LAWSON convenience stores 32.51 6.7 6.7 0.0 - Subsidiary Loyalty Marketing, Inc. Managing the operations of Multi-Partner Loyalty Program "Ponta" 90.00-1.3-0.5 0.8 - Subsidiary Mitsubishi Shoji Packaging Corporation Sales and marketing of packaging materials, paper, paperboard and corrugated containerboard, as well as export 92.15 0.7 0.5-0.2 - of paper and paperboard Subsidiary Mitsubishi Shokuhin Co., Ltd Wholesale of food products 61.62 3.9 - - - Subsidiary Nosan Corporation Manufacturing and marketing of livestock feed 100.00 0.1 0.3 0.2 - Subsidiary Princes Limited (U.K.) Manufacturing of food products and soft drinks 100.00 2.5 2.8 0.3 - Note: T-Gaia Corporation Handling of subscriber contracts for various communication services, sales of handsets and equipment RYOSHOKU LIMITED was renamed Mitsubishi Shokuhin Co., Ltd. on July 1, 2011 and San-Esu Inc., Food Service Network Co., Ltd. and Meidi-ya Corporation were made its wholly owned subsidiaries. 27.70 1.1 - - - Meidi-ya Corporation was merged with Mitsubishi Shokuhin Co., Ltd. on October 1, 2011. < Global Environment Business Development Group > / Dec. 2010 Dec. 2011 or Subsidiary Diamond Generating Asia, Limited (Hong Kong) Independent Power Producer 100.00 3.6 2.9-0.7 2.3 Subsidiary Diamond Generating Corporation (U.S.A.) Independent Power Producer 100.00 0.7 1.7 1.0 1.7 9
Financial Indicators (U.S. GAAP) (Reference) Nine Months December 2010 Nine Months December 2011 Change (Forecast) 1. Earnings Per Share (yen) (1) Basic EPS 220.34 225.01 4.7 273.41 (2) Diluted EPS 219.76 224.50 4.7-2. ROE 12.0 11.5-0.5 13.8 3. ROA 3.8 3.2-0.6-4. Debt-to-equity ratio (times) March 2011 December 2011 Change (Reference) (Forecast) (1)Gross 1.3 1.5 0.2 1.5 (2)Net (after subtracting cash and deposits) 0.9 1.1 0.2 1.2 5. Current Ratio 6. Ratio of Shareholders' Equity to Total Assets 7. Book Value per Share (yen) 150.5 141.5-9.0-28.7 26.7-2.0-1,966.66 1,955.81-10.9-10