Mitsubishi Research Institute, Inc. announced consolidated earnings results for the second quarter of the fiscal year ending September 2021. Consolidated net sales increased JPY 4 billion YoY to JPY 52.3 billion. Net income is JPY 4.14 billion. Likewise, compared to the same period of the previous fiscal year, net sales were down JPY 2.32 billion, but on a merit basis, excluding the 1-time factor of the previous fiscal year, the extraordinary gain of JPY 2.7 billion from the sale of shares, net sales increased by JPY 270 million.