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 2020 | JPY | USD |
| Revenue | 2,270.27B | 20,880.75M |
| Gross Profit | 376,061M | 3,458.80M |
| Operating income | 12,788M | 117.61M |
| Income before tax | 3,801M | 34.95M |
| Net income | -25,778M | -237.09M |
| EBITDA | 87,577M | 805.48M |
| Diluted EPS | -17.32 | -0.15 |
| Dividends Per Share | 20 | 0.18 |
| Total Assets | 1,938.12B | 17,953.06M |
| Total liabilities | 1,149.75B | 10,650.34M |
| Total equity | 773,009M | 7,160.47M |
| Operating cash flow | 18,786M | 172.78M |
| Currency in JPY | Currency in USD |
Historical Data
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
| Revenue | 2,267.84B | 1,906.63B | 2,192.38B | 2,514.59B | 2,270.27B |
| Gross Profit | 460,703M | 315,039M | 496,027M | 501,689M | 376,061M |
| Operating income | 138,377M | 5,119M | 98,202M | 111,815M | 12,788M |
| Income before tax | 108,827M | -158,738M | 103,049M | 118,352M | 3,801M |
| Net income | 72,575M | -198,524M | 107,619M | 132,872M | -25,778M |
| EBITDA | 197,094M | 51,934M | 150,753M | 173,994M | 87,577M |
| Diluted EPS | 73.80 | -164.11 | 72.19 | 89.17 | -17.32 |
| Dividends Per Share | 16 | 10 | 17 | 20 | 20 |
| Total Assets | 1,433.72B | 1,484.41B | 1,646.24B | 2,010.30B | 1,938.12B |
| Total liabilities | 748,388M | 780,946M | 849,676M | 1,129.10B | 1,149.75B |
| Total equity | 671,148M | 690,455M | 781,075M | 872,141M | 773,009M |
| Operating cash flow | 197,691M | -45,829M | 119,624M | 146,053M | 18,786M |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
| Revenue | 18,885.47M | 17,607.12M | 19,781.11M | 22,675.51M | 20,880.75M |
| Gross Profit | 3,836.49M | 2,909.28M | 4,475.46M | 4,524.01M | 3,458.80M |
| Operating income | 1,152.33M | 47.27M | 886.04M | 1,008.29M | 117.61M |
| Income before tax | 906.25M | -1,465.89M | 929.77M | 1,067.24M | 34.95M |
| Net income | 604.36M | -1,833.30M | 971.00M | 1,198.18M | -237.09M |
| EBITDA | 1,641.29M | 479.59M | 1,360.18M | 1,569.00M | 805.48M |
| Diluted EPS | 0.61 | -1.51 | 0.65 | 0.80 | -0.15 |
| Dividends Per Share | 0.13 | 0.09 | 0.15 | 0.18 | 0.18 |
| Total Assets | 12,756.12M | 13,321.48M | 15,479.45M | 18,162.43M | 17,953.06M |
| Total liabilities | 6,658.55M | 7,008.39M | 7,989.42M | 10,201.04M | 10,650.34M |
| Total equity | 5,971.33M | 6,196.31M | 7,344.38M | 7,879.48M | 7,160.47M |
| Operating cash flow | 1,646.26M | -423.21M | 1,079.32M | 1,317.04M | 172.78M |
Valuation Measures
| Mar 2020 | |
| PER | -- |
| ROA | -1.30% |
| ROE | -3.13% |
| Operating margin | 0.56% |
| Profit margin | -1.13% |
Key executives
- 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%)
- Norges Bank Investment Management (0.7%)
- Daiwa Asset Management Co. Ltd. (0.7%)
- Nikko Asset Management Co., Ltd. (0.7%)
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
Related Companies
- 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 Motor R&D Europe GmbH
- 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.
- Navistar International Corporation
- PT Selamat Sempurna Tbk
- Suzhou Veichi Electric Co. Ltd. Class A
Copyright © 2021 FactSet Research Systems Inc. All rights reserved.
Last Updated on 26 Feb, 2021
Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.