Transition to a single automotive business segment following the downsizing of the financial business
First written in FY2017-Q1. 13 of 15 entries say "Restated". Latest entry: FY2025-H1.
2 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「For the interim consolidated accounting period, revenue attributable to the Financial Services business was ¥22.4 billion, up ¥4.8 billion year on year, and operating profit was ¥2.2 billion, up ¥100 million year on year.」
Reporting continued under two segments, Automotive and Financial Services, and interim results for the Financial Services business were disclosed as revenue of ¥22.4 billion and operating profit of ¥2.2 billion. - FY2024RestatedAnnual report
「(ii) Financial Services: For the current consolidated fiscal year, revenue attributable to the Financial Services business was ¥38.0 billion, up ¥2.9 billion year on year, and operating profit was ¥4.4 billion, down ¥500 million year on year.」
Reporting continued under two segments, Automotive and Financial Services, and full-year results for the Financial Services business were disclosed as revenue of ¥38.0 billion and operating profit of ¥4.4 billion. - FY2023-Q3RestatedAnnual report
「(ii) Financial Services For the nine months ended the third quarter, revenue attributable to the Financial Services business was ¥26.0 billion, down ¥3.1 billion year on year, and operating profit was ¥3.7 billion, down ¥100 million year on year.」
Reporting continued under two segments, Automotive and Financial Services, and nine-month results for the Financial Services business were disclosed as revenue of ¥26.0 billion and operating profit of ¥3.7 billion. - FY2023-Q1RestatedAnnual report
「(ii) Financial Services: For the three months ended the first quarter, revenue attributable to the Financial Services business was ¥8.7 billion, down ¥1.2 billion year on year, and operating profit was ¥1.2 billion, unchanged year on year.」
Reporting continued under two segments, Automotive and Financial Services, and first-quarter results for the Financial Services business were disclosed as revenue of ¥8.7 billion and operating profit of ¥1.2 billion. - FY2022-Q3RestatedAnnual report
「For the nine months ended the third quarter, revenue attributable to the Financial Services business was ¥29.1 billion, up ¥4.5 billion year on year, and operating profit was ¥3.8 billion, compared with ¥3.9 billion in the same period of the previous year.」
Reporting continued under two segments, Automotive and Financial Services, and nine-month results for the Financial Services business were disclosed as revenue of ¥29.1 billion and operating profit of ¥3.8 billion. - FY2021-Q2RestatedAnnual report
「For the six months ended the second quarter, revenue attributable to the Financial Services business was ¥15.6 billion, and operating profit was ¥2.5 billion.」
Following the consolidation of the sales finance subsidiary, reporting continued under two segments, Automotive and Financial Services, and six-month results for the Financial Services business were disclosed. - FY2020-Q3RestatedAnnual report
「For the nine months ended the third quarter, revenue attributable to the Automotive business was ¥1,655.1 billion, and operating profit was a loss of ¥200 million. For the same period, revenue attributable to the Financial Services business was ¥27.8 billion, and operating profit was ¥4.3 billion.」
Reporting continued under two segments, Automotive and Financial Services, and nine-month results for the Financial Services business were revenue of ¥27.8 billion and operating profit of ¥4.3 billion. - FY2020-Q2RestatedAnnual report
「For the six months ended the second quarter, revenue attributable to the Financial Services business was ¥15.9 billion, and operating profit was ¥2.5 billion.」
Reporting continued under two segments, Automotive and Financial Services, and six-month results for the Financial Services business were disclosed as revenue of ¥15.9 billion and operating profit of ¥2.5 billion. - FY2020-Q1RestatedAnnual report
「For the three months ended the first quarter, revenue attributable to the Financial Services business was ¥6.5 billion, and operating profit was ¥1.3 billion.」
Reporting continued under two segments, Automotive and Financial Services, and first-quarter results for the Financial Services business were disclosed as revenue of ¥6.5 billion and operating profit of ¥1.3 billion. - FY2019RestatedAnnual report
「For the current consolidated fiscal year, revenue attributable to the Financial Services business was ¥24.1 billion, and operating profit was ¥4.1 billion.」
Following the consolidation of the sales finance subsidiary, reporting continued under two segments, Automotive and Financial Services, and full-year results for the Financial Services business were disclosed. - FY2019-Q3RestatedAnnual report
「For the nine months ended the third quarter, revenue attributable to the Financial Services business was ¥17.5 billion, and operating profit was ¥2.9 billion.」
Following the consolidation of the sales finance subsidiary, reporting continued under two segments, Automotive and Financial Services, and nine-month results for the Financial Services business were disclosed as revenue of ¥17.5 billion and operating profit of ¥2.9 billion. - FY2019-Q2RestatedAnnual report
「The reporting segments were changed from the former single Automotive segment to two segments, Automotive and Financial Services.」
Following the consolidation of MMC Diamond Finance Co., Ltd. as a subsidiary, the two reporting segments, Automotive and Financial Services, were reaffirmed. The Financial Services business recorded revenue of ¥11.625 billion and operating profit of ¥1.758 billion. - FY2019-Q1ReframedAnnual report
「Following this change, we reviewed the method of segment classification and changed the reporting segments from the former single Automotive segment to two segments, Automotive and Financial Services.」
Following the consolidation of MMC Diamond Finance Co., Ltd. as a subsidiary, the reporting segments were changed from the previous single Automotive segment to two segments, Automotive and Financial Services. The Financial Services business recorded revenue of ¥5.511 billion and operating profit of ¥787 million in the current quarter. - FY2017RestatedAnnual report
「The reporting segments of our group had previously been reported as two businesses, Automotive and Financial Services, but were changed to a single Automotive segment from the current consolidated fiscal year.」
The company continues to report a single Automotive segment in its full-year reporting because of the relative contraction of the financial business. - FY2017-Q1First statedAnnual report
「The reporting segments of our group had previously been reported as two businesses, Automotive and Financial Services, but were changed to a single Automotive segment from the first quarter of the current consolidated fiscal year. This change was made because, following the transfer of the sales finance receivables and leased vehicles of our US subsidiary Mitsubishi Motors Credit of America, Inc. in the second quarter of the previous consolidated fiscal year, the Financial Services business became relatively small in terms of its scale and performance within our group.」
The relative scale of the financial business decreased following the transfer of the US subsidiary's sales finance receivables and leased vehicles, and the reporting segments were changed to a single Automotive segment.