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Mitsubishi Motors (7211) investor relations material
Mitsubishi Motors Q1 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved year-over-year increases in net sales and operating profit in Q1 FY2026, progressing in line with plan despite challenging market conditions and geopolitical impacts, including the Middle East situation.
Net sales rose by 2% year-over-year to ¥619.9 billion, with operating profit up 80% to ¥10.1 billion.
Net income attributable to owners was ¥1.4 billion, up 100% year-over-year, supported by profit improvement initiatives.
Shipments to the Middle East resumed in June after securing alternative transportation routes.
Global vehicle sales declined 8% year-over-year to 179,000 units due to weaker demand and competition.
Financial highlights
Net sales: ¥619.9 billion (up 2% year-over-year); operating profit: ¥10.1 billion (up 80%); ordinary profit: ¥9.7 billion; net income: ¥1.4 billion.
Retail sales volume: 179,000 units, down 8% year-over-year.
Operating profit margin improved to 1.6% (up 0.7pp year-over-year).
Forex gains from a weaker yen contributed ¥11.3 billion positively.
Basic earnings per share: ¥1.05 (up from ¥0.55 year-over-year).
Outlook and guidance
Full-year FY2026 forecast maintained: net sales ¥3,260.0 billion (+13%), operating profit ¥90.0 billion (+19%), net income ¥25.0 billion (+150%), EPS ¥18.68.
Retail sales volume forecast: 857,000 units (+8%).
Dividend per share forecast: ¥10.00.
Plans to expand destination markets and launch new models, including the all-new Pajero in H2 FY2026.
Focus on increasing sales mix of higher-margin ASEAN strategic models and improving profit per unit.
- Net sales rose 4% but profits fell; FY2026 targets strong recovery with new models and expansion.7211
Q4 2026 - Sales and profit fell, but new models in ASEAN and Japan spurred a gradual recovery.7211
Q3 2026 - Sharp profit and sales declines, net loss, and cautious outlook despite new model launches.7211
Q2 2026 - Operating profit fell 84% in 1Q FY2025 amid tariffs, but full-year guidance is unchanged.7211
Q1 2026 - Nissan, Honda, and Mitsubishi Motors advance integration talks to lead in mobility innovation.7211
Investor Update - Profits fell despite higher vehicle sales, but guidance and dividend forecasts remain unchanged.7211
Q2 2025 - Profits fell in Q1 FY2024, but full-year guidance and dividend were maintained.7211
Q1 2025 - Profits declined sharply despite stable sales; FY2025 faces cost, tariff, and market headwinds.7211
Q4 2025 - Profits fell sharply despite higher sales volume, leading to a downward revision of guidance.7211
Q3 2025
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