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mitsubishi motors corp (7211) Snapshot

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mitsubishi motors corp (7211) Details

Mitsubishi Motors Corporation designs, develops, manufactures, assembles, markets, imports, and sells automobiles, and related component and replacement parts in Asia, Africa, Europe, Latin America, the Middle East, North America, and the Oceania. Its products include cars and motors vehicles; and automobile engines, transmissions, and parts. The company is involved in the purchase and sale of used automobiles, as well as component and replacement parts, and accessories of used automobiles; sale of measuring equipment; and insurance agency and financing businesses. Mitsubishi Motors Corporation was founded in 1970 and is headquartered in Tokyo, Japan.

29,555 Employees
Last Reported Date: 06/24/16
Founded in 1970

mitsubishi motors corp (7211) Top Compensated Officers

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mitsubishi motors corp (7211) Key Developments

Mitsubishi Motor Corporation Plans to Launch Compact Electric Vehicle with 250 Mile Range by 2020

Mitsubishi Motor Corporation is planning to launch its compact electric vehicle with a 250 mile range by 2020.

Mitsubishi Motors Corporation Reports Earnings Results for the First Quarter Ended June 30, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017

Mitsubishi Motors Corporation reported earnings results for the first quarter ended June 30, 2016. The company reported net loss attributable to owners of the parent for the first quarter ended June 30, 2016 was JPY 129.72 billion, or JPY 131.91 loss per share, compared to a net income attributable to owners of the parent of JPY 23.99 billion, or JPY 24.39 per share, for the same quarter ended June 30, 2015. Net sales for the first quarter ended June 30, 2016 were JPY 428.73 billion, compared to JPY 500.52 billion for the same quarter ended June 30, 2015. Operating income for the first quarter ended June 30, 2016 was JPY 4.62 billion, compared to JPY 18.63 billion for the same quarter ended June 30, 2015. Ordinary income for the first quarter ended June 30, 2016 was JPY 4.37 billion, compared to JPY 24.14 billion for the same quarter ended June 30, 2015. For the year ending March 31, 2017, the company expects net loss attributable to owners of the parent to be JPY 145 billion and net income per share of JPY 147.44. For the year ending March 31, 2017, the company expects net sales to be JPY 1.91 trillion and operating income to be JPY 25 billion.

Mitsubishi to Launch New XM Concept Crossover at 2016 Gaikindo Indonesia International Auto Show

Mitsubishi Motors Corporation announced the launching its new XM Concept crossover at the 2016 Gaikindo Indonesia International Auto Show. The XM Concept denotes X for crossover and M for multipurpose vehicle. The vehicle is to enter production at the company's new plant in Indonesia in 2017.

 

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