Consumer Durables

Mitsubishi Motors Corp.

In the news

Mitsubishi Motors Chairman Masuko steps down Aug 7, 2020
Mitsubishi eyes car production in Myanmar Aug 4, 2020
Mazda slams brakes on 1.8m auto sales goal after less than a year Jul 31, 2020
Twin storms batter struggling Nissan-Renault-Mitsubishi alliance Jul 30, 2020
Nissan expects another net loss of over $6bn in FY2020 Jul 28, 2020

See more articles on 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	JPY	USD
Revenue	1,455.47B	13,723.47M
Gross Profit	186,932M	1,762.55M
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 Share	0	0
Total Assets	1,856.27B	16,798.90M
Total liabilities	1,331.02B	12,045.47M
Total equity	508,258M	4,599.62M
Operating cash flow	-41,537M	-391.64M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 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 2017	Mar 2018	Mar 2019	Mar 2020	Mar 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%)
The Vanguard Group, Inc. (1.0%)
Mitsubishi UFJ Financial Group, Inc. (0.9%)
Eastspring Investments (Singapore) Ltd. (0.8%)
Nikko Asset Management Co., Ltd. (0.7%)
Daiwa Asset Management Co. Ltd. (0.7%)
BlackRock Fund Advisors (0.5%)

Contact Details

Website:http://www.mitsubishi-motors.co.jp
Address: msb Tamachi Station Tower S, 3-1-21 Shibaura, Tokyo, 108-8410, Japan
Phone: +81.3.3456.1111

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Competitors

Yulon Nissan Motor Co., Ltd.
Ford Otomotiv Sanayi A.S.
Auto Hall SA
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Suzhou Veichi Electric Co. Ltd. Class A

Last Updated on 19 May, 2022