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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 2020 JPYUSD
Revenue2,270.27B20,880.75M
Gross Profit376,061M3,458.80M
Operating income12,788M117.61M
Income before tax3,801M34.95M
Net income-25,778M-237.09M
EBITDA87,577M805.48M
Diluted EPS-17.32-0.15
Dividends Per Share200.18
Total Assets1,938.12B17,953.06M
Total liabilities1,149.75B10,650.34M
Total equity773,009M7,160.47M
Operating cash flow18,786M172.78M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 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 2016Mar 2017Mar 2018Mar 2019Mar 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 margin0.56%
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. (1.2%)
  • Eastspring Investments (Singapore) Ltd. (1.0%)
  • Mitsubishi UFJ Financial Group, Inc. (0.9%)
  • T. Rowe Price International Ltd. (0.8%)
  • Daiwa Asset Management Co. Ltd. (0.7%)
  • Norges Bank Investment Management (0.7%)

Contact Details

Related Companies

  • 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 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.
  • Nishinihon Mitsubishi Motor Sales Co. Ltd.
  • Niigata Mitsubishi Motor Sales Co. Ltd.
  • Chubu Mitsubishi Motors Corp.
  • Mitsubishi Automotive Engineering Co. Ltd.
  • Mitsubishi Automotive Accessories & Products Co. Ltd.
  • Mitsubishi Motor R & D Europe GmbH

Competitors

  • Yulon Nissan Motor Co., Ltd.
  • Garrett Motion, Inc.
Last Updated on 3 Jul, 2020

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