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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 2022 JPYUSD
Revenue2,038.90B18,144.17M
Gross Profit349,735M3,112.27M
Operating income87,332M777.16M
Income before tax94,689M842.63M
Net income74,037M658.85M
EBITDA140,962M1,254.41M
Diluted EPS49.740.44
Dividends Per Share----
Total Assets1,928.44B15,888.30M
Total liabilities1,298.14B10,695.28M
Total equity606,967M5,000.75M
Operating cash flow118,114M1,051.09M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 2,192.38B 2,514.59B 2,270.27B 1,455.47B 2,038.90B
Gross Profit 496,027M 501,689M 376,061M 186,932M 349,735M
Operating income 98,202M 111,815M 12,788M -95,321M 87,332M
Income before tax 103,049M 118,352M 3,801M -298,289M 94,689M
Net income 107,619M 132,872M -25,778M -312,316M 74,037M
EBITDA 150,753M 173,994M 87,577M -29,404M 140,962M
Diluted EPS 72.19 89.17 -17.32 -209.88 49.74
Dividends Per Share 17 20 10 0 --
Total Assets 1,646.24B 2,010.30B 1,938.12B 1,856.27B 1,928.44B
Total liabilities 849,676M 1,129.10B 1,149.75B 1,331.02B 1,298.14B
Total equity 781,075M 872,141M 773,009M 508,258M 606,967M
Operating cash flow 119,624M 146,053M 18,786M -41,537M 118,114M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 19,781.11M 22,675.51M 20,880.75M 13,723.47M 18,144.17M
Gross Profit 4,475.46M 4,524.01M 3,458.80M 1,762.55M 3,112.27M
Operating income 886.04M 1,008.29M 117.61M -898.76M 777.16M
Income before tax 929.77M 1,067.24M 34.95M -2,812.52M 842.63M
Net income 971.00M 1,198.18M -237.09M -2,944.78M 658.85M
EBITDA 1,360.18M 1,569.00M 805.48M -277.24M 1,254.41M
Diluted EPS 0.65 0.80 -0.15 -1.97 0.44
Dividends Per Share 0.15 0.18 0.09 0 --
Total Assets 15,479.45M 18,162.43M 17,953.06M 16,798.90M 15,888.30M
Total liabilities 7,989.42M 10,201.04M 10,650.34M 12,045.47M 10,695.28M
Total equity 7,344.38M 7,879.48M 7,160.47M 4,599.62M 5,000.75M
Operating cash flow 1,079.32M 1,317.04M 172.78M -391.64M 1,051.09M

Valuation Measures

Mar 2022
PER6.65
ROA3.91%
ROE13.27%
Operating margin4.28%
Profit margin3.63%

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

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  • MM Automobile Schweiz AG
  • MMC Malmo AB
  • Equus Leasing BV
  • Mitsubishi Motor Sales Nederland BV
  • Nishi Nihon Mitsubishi Motor Sales Co., Ltd.
  • Niigata Mitsubishi Motor Sales Co. Ltd.
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Competitors

  • Yulon Nissan Motor Co., Ltd.
  • Ford Otomotiv Sanayi A.S.
  • Auto Hall SA
  • Jiangsu Sidike New Materials Science & Technology Co., Ltd. Class A
  • Suzhou Veichi Electric Co. Ltd. Class A
Last Updated on 25 May, 2022

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