Mitsubishi Motors Corp ( (MMTOF) ) has released its Q4 earnings. Here is a breakdown of the information Mitsubishi Motors Corp presented to its investors.
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Mitsubishi Motors Corporation, a prominent player in the automotive industry, specializes in the design, manufacturing, and sales of automobiles and component parts, with additional operations in financial services.
In its latest earnings report for the fiscal year ended March 31, 2025, Mitsubishi Motors reported a slight decline in net sales to 2,788.2 billion yen, with significant decreases in operating and ordinary profits, attributed to challenging market conditions and currency fluctuations.
Key financial metrics revealed a 52.2 billion yen decrease in operating profit to 138.8 billion yen and a 110.4 billion yen drop in ordinary profit to 98.6 billion yen. The net income attributable to owners of the parent company fell sharply by 113.7 billion yen to 41.0 billion yen. Despite these declines, the company managed to increase its global vehicle sales by 3% to 842,000 units, driven by new model launches and cost reduction strategies.
The company’s financial position showed a reduction in total assets to 2,245.9 billion yen and a decrease in cash and cash equivalents by 224.1 billion yen to 450.1 billion yen. Mitsubishi Motors also faced increased cash outflows from financing activities, primarily due to repayments of long-term borrowings.
Looking ahead, Mitsubishi Motors anticipates a challenging fiscal year 2025, with plans to maintain performance by responding swiftly to market changes, maximizing new vehicle launches, and managing costs effectively.