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 2023	JPY	USD
Revenue	2,458.14B	18,138.92M
Gross Profit	508,284M	3,750.69M
Operating income	190,496M	1,405.69M
Income before tax	168,129M	1,240.64M
Net income	168,731M	1,245.08M
EBITDA	250,628M	1,849.41M
Diluted EPS	113.35	0.83
Dividends Per Share	5	0.03
Total Assets	2,201.52B	16,541.61M
Total liabilities	1,371.14B	10,302.38M
Total equity	801,168M	6,019.74M
Operating cash flow	173,576M	1,280.83M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	2,514.59B	2,270.27B	1,455.47B	2,038.90B	2,458.14B
Gross Profit	501,689M	376,061M	186,932M	382,942M	508,284M
Operating income	111,815M	12,788M	-95,321M	87,332M	190,496M
Income before tax	118,352M	3,801M	-298,289M	94,689M	168,129M
Net income	132,872M	-25,778M	-312,316M	74,037M	168,731M
EBITDA	173,994M	87,577M	-29,404M	140,962M	250,628M
Diluted EPS	89.17	-17.32	-209.88	49.74	113.35
Dividends Per Share	20	10	0	0	5
Total Assets	2,010.30B	1,938.12B	1,856.27B	1,928.44B	2,201.52B
Total liabilities	1,129.10B	1,149.75B	1,331.02B	1,298.14B	1,371.14B
Total equity	872,141M	773,009M	508,258M	606,967M	801,168M
Operating cash flow	146,053M	18,786M	-41,537M	118,114M	173,576M

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	22,675.51M	20,880.75M	13,723.47M	18,144.17M	18,138.92M
Gross Profit	4,524.01M	3,458.80M	1,762.55M	3,407.78M	3,750.69M
Operating income	1,008.29M	117.61M	-898.76M	777.16M	1,405.69M
Income before tax	1,067.24M	34.95M	-2,812.52M	842.63M	1,240.64M
Net income	1,198.18M	-237.09M	-2,944.78M	658.85M	1,245.08M
EBITDA	1,569.00M	805.48M	-277.24M	1,254.41M	1,849.41M
Diluted EPS	0.80	-0.15	-1.97	0.44	0.83
Dividends Per Share	0.18	0.09	0	0	0.03
Total Assets	18,162.43M	17,953.06M	16,798.90M	15,888.30M	16,541.61M
Total liabilities	10,201.04M	10,650.34M	12,045.47M	10,695.28M	10,302.38M
Total equity	7,879.48M	7,160.47M	4,599.62M	5,000.75M	6,019.74M
Operating cash flow	1,317.04M	172.78M	-391.64M	1,051.09M	1,280.83M

Valuation Measures

Mar 2023
PER	4.60
ROA	8.17%
ROE	23.96%
Operating margin	7.74%
Profit margin	6.86%

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%)
Nikko Asset Management Co., Ltd. (0.7%)
Daiwa Asset Management Co. Ltd. (0.7%)
BlackRock Fund Advisors (0.5%)
Dimensional Fund Advisors LP (0.3%)

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.
Auto Hall SA
Infineon Technologies AG
Power Integrations, Inc.
Suzhou Veichi Electric Co. Ltd. Class A

Last Updated on 7 Jun, 2023