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Consumer Durables

Mitsubishi Motors Corp.

Business Summary

Mitsubishi Motors Corp. engages in the development, design, manufacture, assembly, sales, purchase, and import of automobiles and its related parts. It operates through the following segments: Automobile and Financial Services. The Automobile segment manufactures and sells general and small-sized passenger vehicles, mini vehicles, sports utility vehicles, as well as the inspection and maintenance of new vehicles in domestic market. The Financial Services segment includes automobile leasing and sales finance business. The company was founded on April 22, 1970 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2021 JPYUSD
Revenue1,455.47B13,723.47M
Gross Profit186,932M1,762.55M
Operating income-95,321M-898.76M
Income before tax-298,289M-2,812.52M
Net income-312,316M-2,944.78M
EBITDA-29,404M-277.24M
Diluted EPS-209.88-1.97
Dividends Per Share00
Total Assets1,856.27B16,798.90M
Total liabilities1,331.02B12,045.47M
Total equity508,258M4,599.62M
Operating cash flow-41,537M-391.64M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 1,906.63B 2,192.38B 2,514.59B 2,270.27B 1,455.47B
Gross Profit 315,039M 496,027M 501,689M 376,061M 186,932M
Operating income 5,119M 98,202M 111,815M 12,788M -95,321M
Income before tax -158,738M 103,049M 118,352M 3,801M -298,289M
Net income -198,524M 107,619M 132,872M -25,778M -312,316M
EBITDA 51,934M 150,753M 173,994M 87,577M -29,404M
Diluted EPS -164.11 72.19 89.17 -17.32 -209.88
Dividends Per Share 10 17 20 10 0
Total Assets 1,484.41B 1,646.24B 2,010.30B 1,938.12B 1,856.27B
Total liabilities 780,946M 849,676M 1,129.10B 1,149.75B 1,331.02B
Total equity 690,455M 781,075M 872,141M 773,009M 508,258M
Operating cash flow -45,829M 119,624M 146,053M 18,786M -41,537M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 17,607.12M 19,781.11M 22,675.51M 20,880.75M 13,723.47M
Gross Profit 2,909.28M 4,475.46M 4,524.01M 3,458.80M 1,762.55M
Operating income 47.27M 886.04M 1,008.29M 117.61M -898.76M
Income before tax -1,465.89M 929.77M 1,067.24M 34.95M -2,812.52M
Net income -1,833.30M 971.00M 1,198.18M -237.09M -2,944.78M
EBITDA 479.59M 1,360.18M 1,569.00M 805.48M -277.24M
Diluted EPS -1.51 0.65 0.80 -0.15 -1.97
Dividends Per Share 0.09 0.15 0.18 0.09 0
Total Assets 13,321.48M 15,479.45M 18,162.43M 17,953.06M 16,798.90M
Total liabilities 7,008.39M 7,989.42M 10,201.04M 10,650.34M 12,045.47M
Total equity 6,196.31M 7,344.38M 7,879.48M 7,160.47M 4,599.62M
Operating cash flow -423.21M 1,079.32M 1,317.04M 172.78M -391.64M

Valuation Measures

Mar 2021
PER--
ROA-16.46%
ROE-48.75%
Operating margin-6.54%
Profit margin-21.45%

Key executives

  • President, Chief Executive Officer & Director: Takao Kato
  • CFO, Executive VP, Head-Finance & Accounting: Koji Ikeya
  • Chief Information Officer & Executive Officer: Masao Kuruma
  • Executive Vice President & Head-Production: Takeshi Ando
  • Executive Officer & General Manager-Personnel: Tetsuya Hashimoto

Shareholders

  • Nissan Motor Co., Ltd. (33.9%)
  • Mitsubishi Corp. (19.9%)
  • Nomura Asset Management Co., Ltd. (1.6%)
  • Mitsubishi Heavy Industries, Ltd. (1.4%)
  • Mitsubishi UFJ Financial Group, Inc. (0.9%)
  • The Vanguard Group, Inc. (0.9%)
  • Nikko Asset Management Co., Ltd. (0.7%)
  • Daiwa Asset Management Co. Ltd. (0.7%)
  • Eastspring Investments (Singapore) Ltd. (0.7%)
  • Norges Bank Investment Management (0.7%)

Contact Details

Related Companies

  • Mitsubishi Motors Board Incentive Plan
  • Mitsubishi Motor Sales Netherlands BV
  • Mitsubishi Motors de Mexico SA de CV
  • Chubu Mitsubishi Motor Sales Co., Ltd.
  • Higashi Nihon Mitsubishi Motor Sales Co., Ltd.
  • Miyazaki Mitsubishi Motor Sales Co., Ltd.
  • Karasia, Inc.
  • Nara Chuo Mitsubisi Motors Corp.
  • Urawa Red Diamonds Co., Ltd.
  • Temsa Motorlu Araclar Pazarlama ve Dagitim AS
  • Mitsubishi Corp. (Manila Branch)
  • Mitsubishi Corp. (Kuala Lumpur Branch)
  • Mitsubishi Peru SA
  • Mitsubishi Motors Rus LLC
  • MC Autos del Peru SA
  • Mitsubishi Motors (China) Co. Ltd.
  • Mitsubishi Motors Middle East & Africa FZE
  • Mitsubishi Motors East Rand
  • MMC Chile SA
  • MMCA Auto Owner Trust 2009-A
  • Mitsubishi Motor Sales of Canada, Inc.
  • Mitsubishi Motors New Zealand Ltd.
  • Mitsubishi Motor Sales (China) Co., Ltd.
  • MM Automobile Schweiz AG
  • MMC Malmo AB
  • Equus Leasing BV
  • Mitsubishi Motor Sales Nederland BV
  • Muroran Mitsubishi Motors Sales Co. Ltd.
  • Nishi Nihon Mitsubishi Motor Sales Co., Ltd.
  • Niigata Mitsubishi Motor Sales Co. Ltd.

Competitors

  • Yulon Nissan Motor Co., Ltd.
  • Auto Hall SA
  • Garrett Motion Inc
  • Suzhou Veichi Electric Co. Ltd. Class A
Last Updated on 28 Jul, 2021

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