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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, sells, and imports automobiles. It operates through two segments, Automobile Business and Financial Service Business. The company also manufactures, imports, and sells automobile parts. It offers minicars and motors vehicles; and automobile engines, transmissions, and press parts. In addition, the company is involved in the product development, design, testing, and certification operations; and automobile inspection, maintenance, transport, storage, and packaging activities. Further, it is engaged in automobile financing and leasing business. The company sells its products in Japan, Asia, North America, Europe, and internationally. Mitsubishi Motors Corporation was founded in 1970 and is headquartered in Tokyo, Japan.

30,498 Employees
Last Reported Date: 06/24/15
Founded in 1970

mitsubishi motors corp (7211) Top Compensated Officers

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mitsubishi motors corp (7211) Key Developments

Mitsubishi Motors Prepares To Close Illinois Plant If It Will Not Find Buyer By November

Mitsubishi Motors Corporation (TSE:7211) will shelve its plans and negotiate a sale if it finds a potential buyer by November, 2015.

Mitsubishi Motors Reportedly Preparing U.S. Plant Closure

Mitsubishi Motors Corporation (TSE:7211) reportedly seeks to sell U.S. factory. Mitsubishi Motors Corp has started preparing for the closure of its sole U.S. factory after failing to find a buyer for the high-cost auto plant, the Nikkei business daily reported on September 19, 2015. The Nikkei reported on September 19, 2015. that if a potential buyer emerges by November, Mitsubishi Motors would drop plans for the job cuts and negotiate a sale. Mitsubishi Motors could not immediately be reached for comment.

Mitsubishi Motors Corporation Reports Sales and Earnings Results for the First Quarter Ended June 30, 2015

Mitsubishi Motors Corporation reported earnings results for the first quarter ended June 30, 2015. For the quarter, the company reported consolidated net sales of JPY 500.5 billion over first quarter of 2015 (April 1 through June 30, 2015), a 3% or JPY 13.3 billion decrease over the same period last fiscal year. The company posted an operating income of JPY 18.6 billion, a decrease of 40% or JPY 12.4 billion over the same period last fiscal year. The company posted other items including an ordinary income of JPY 24.1 billion, a 26% or JPY 8.5 billion decrease, and a net income attributable to owners of the parent of JPY 24 billion, a 15% or JPY 4.2 billion decrease year-on-year. Global retail sales volume for the first quarter ended June 30, 2015 totaled 262,000 units, a 1% or 4,000-unit increase over the same period last fiscal year.


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7211 Competitors

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Daihatsu Motor Co Ltd ¥1,446 JPY +22.00
Genuine Parts Co $83.20 USD -0.63
Remy International Inc $29.49 USD -0.04
Valeo SA €125.40 EUR +0.35
Visteon Corp $104.00 USD +0.15
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Valuation 7211 Industry Range
Price/Earnings 8.4x
Price/Sales 0.4x
Price/Book 1.4x
Price/Cash Flow 7.8x
TEV/Sales 0.2x

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