Komori
Results7211MITSUBISHI MOTORS CORPORATIONAutomobiles and transportation equipment

Financial Results Summary for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated)

Revenue increased and operating profit rose in the interim period, but ordinary profit declined and the interim net loss attributable to owners of the parent remained. Due to higher fuel costs, the shift toward electrification and soaring material costs, full-year revenue and profit forecasts were revised downward.

Worth reading
52Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-20000
¥ million
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 April 2026 to 30 September 2026ConsolidatedJapanese GAAP
Net Sales1,308,821¥ millionYear on year +3.8%Progress 44.2%
Operating profit30,638¥ millionYear on year +77.6%Progress 43.8%
Ordinary income13,750¥ millionYear on year -13.1%Progress 28.6%
Net income attributable to owners of the parent-2,961¥ million

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share-¥2.21
Financial position at period-end
Total assets2,336,522¥ million
of which net assets 943,945 ¥ millionEquity ratio 38.7%vs. prior year-end +0.7pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Cash inflows and outflows
Operating-115,117
Investment-50,232
Financials+34,464
Net change-130,885

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥300,439 million
Segment revenue
Automotive12,87097.6%
Financial services3112.4%
Segment profit
Automotive29797.1%
Financial services92.9%
Regional sales
Japan329,74325.2%
North America335,14525.6%
Europe73,2245.6%
Asia250,31419.1%
Oceania115,8208.8%
Other204,57215.6%
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥2,960,000 million (YoY +2.2%)
Operating profit¥70,000 million (YoY -7.3%)
Ordinary income¥48,000 million (YoY -39.2%)
Profit attributable to owners of the parent¥10,000 million (YoY -0.2%)
Revision to Earnings ForecastNet Sales 3,260,000 / Operating profit 90,000 / Ordinary income 80,000 / Profit attributable to owners of the parent 25,000 / Net income per share 18.68 → Net Sales 2,960,000 / Operating profit 70,000 / Ordinary income 48,000 / Profit attributable to owners of the parent 10,000 / Net income per share 7.47(Net Sales -9.2 / Operating profit -22.2 / Ordinary income -40 / Profit attributable to owners of the parent -60 / Net income per share Not disclosed)
Annual Dividend Forecast10 Yen → 10 Yen(0.0%)
Factors Behind Changes in Business Performance

Unit sales fell below the same period of the previous year due to rising fuel prices triggered by the conflict in the Middle East, an accelerating shift toward electrification and intensifying price competition. However, revenue increased due to solid sales in Japan and the Middle East and foreign exchange effects, among other factors, while improvements in various expenses narrowed the interim net loss.

Disclosure regarding the going concern assumption

No applicable matters

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsOn 6 October 2026, a US product liability lawsuit concerning subsidiary Mitsubishi Motors North America, Inc. ended through a settlement with the plaintiff. The costs associated with the conclusion of the lawsuit were recognized in the interim consolidated accounting period.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of property, plant and equipment 152 / Other 137 / Extraordinary loss Loss on disposal of fixed assets 1,169 / Other 568
Depreciation and amortization¥43,859 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Not disclosed
Issued Shares at Period-End1,460,476,846
Treasury Shares at Period-End121,641,224
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 April 2026 to 30 September 2026
Net Sales¥1,308,821 million (YoY +3.8%)
Operating profit¥30,638 million (YoY +77.6%)
Ordinary income¥13,750 million (YoY -13.1%)
Profit attributable to owners of the parent¥-2,961 million
Net income per share-¥2.21
Equity ratioEnd of the current fiscal period 38.7 / End of previous period 38
Total assets¥2,336,522 million
Net assets¥943,945 million
Cash flows from operating activities¥-115,117 million
Cash flows from investing activities¥-50,232 million
Cash flows from financing activities¥34,464 million
Cash and cash equivalents at end of period¥300,439 million
Full-year earnings forecastNet Sales ¥2,960,000 million (YoY +2.2%) / Operating profit ¥70,000 million (YoY -7.3%) / Ordinary income ¥48,000 million (YoY -39.2%) / Profit attributable to owners of the parent ¥10,000 million (YoY -0.2%)
Revision to Earnings ForecastNet Sales 3,260,000 / Operating profit 90,000 / Ordinary income 80,000 / Profit attributable to owners of the parent 25,000 / Net income per share 18.68 → Net Sales 2,960,000 / Operating profit 70,000 / Ordinary income 48,000 / Profit attributable to owners of the parent 10,000 / Net income per share 7.47(Net Sales -9.2 / Operating profit -22.2 / Ordinary income -40 / Profit attributable to owners of the parent -60 / Net income per share Not disclosed)
Annual Dividend Forecast10 Yen → 10 Yen(0.0%)
Segment revenueAutomotive ¥12,870 100 million / Financial services ¥311 100 million
Segment profitAutomotive ¥297 100 million / Financial services ¥9 100 million
Regional salesJapan ¥329,743 million / North America ¥335,145 million / Europe ¥73,224 million / Asia ¥250,314 million / Oceania ¥115,820 million / Other ¥204,572 million
Depreciation and amortization¥43,859 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of property, plant and equipment 152 / Other 137 / Extraordinary loss Loss on disposal of fixed assets 1,169 / Other 568
Disclosure regarding the going concern assumptionNo applicable matters
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew Number of companies 0 / Company name Not disclosed / Excluded Number of companies 0 / Company name Not disclosed
Material subsequent eventsOn 6 October 2026, a US product liability lawsuit concerning subsidiary Mitsubishi Motors North America, Inc. ended through a settlement with the plaintiff. The costs associated with the conclusion of the lawsuit were recognized in the interim consolidated accounting period.
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingWhether applicable Yes / Subject person Not disclosed
Issued Shares at Period-End1,460,476,846
Treasury Shares at Period-End121,641,224
Factors Behind Changes in Business PerformanceUnit sales fell below the same period of the previous year due to rising fuel prices triggered by the conflict in the Middle East, an accelerating shift toward electrification and intensifying price competition. However, revenue increased due to solid sales in Japan and the Middle East and foreign exchange effects, among other factors, while improvements in various expenses narrowed the interim net loss.
Items this document does not state (5)
Operating MarginPayout ratioShareholder Return PolicyOrders received and order backlogImpairment loss

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The earnings forecast was revised due to rising fuel prices triggered by the conflict in the Middle East, an accelerating shift toward electrification, intensifying price competition, a reassessment of the outlook for unit sales, and worsening costs resulting from continued high fuel prices and the shift toward electrification, as well as soaring material costs. In the interim period, revenue increased due to sales in Japan and the Middle East and foreign exchange effects, while improvements in various expenses narrowed the interim net loss attributable to owners of the parent.

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Financial Results Summary for the Second Quarter (Interim Period) of the Fiscal Year Ending March 2027 [Japanese GAAP] (Consolidated) | MITSUBISHI MOTORS CORPORATION (7211) timely disclosure | Komori