Mitsubishi Motors
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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.
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Q1 2027 earnings summary3 Aug, 2026

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.

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Frequently asked questions

Mitsubishi Motors Corporation is a Japanese multinational automobile manufacturer. The company is part of the Renault–Nissan–Mitsubishi Alliance. Mitsubishi Motors Corporation was founded in 1970, and is headquartered in Minato, Tokyo, Japan.