Mitsubishi Research Institute, Inc. Announces Consolidated Earnings Results for the Second Quarter of the Fiscal Year Ending September 2021
April 30, 2021 at 12:00 am
Share
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.
Mitsubishi Research Institute Inc is a Japan-based company mainly engaged in the provision of think tank consulting service and information technology (IT) service. The Company operates through two segments. The Think Tank Consulting Service segment is engaged in the provision of research and consulting, management consulting, IT consulting and solution service related to policy and general business. The IT Service segment is engaged in the development, operation and maintenance of software, the provision of information processing service and outsourcing service, as well as the sales of system equipment.