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mitsubishi motors corp (MMTOF) Snapshot

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10/30/13 - $11.67
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mitsubishi motors corp (MMTOF) 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, sells, and imports automobile parts. It primarily offers passenger cars and commercial vehicles; and automobile engines, transmissions, and air conditioners, as well as 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, Oceania, and internationally. Mitsubishi Motors Corporation was founded in 1970 and is headquartered in Tokyo, Japan.

Founded in 1970

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mitsubishi motors corp (MMTOF) Key Developments

Mitsubishi Motors Corporation Announces Financial Results for the First Quarter Ended June 30, 2014; Reiterates Earnings Guidance for the First Half and Fiscal Year 2015

Mitsubishi Motors Corporation announced financial results for the first quarter ended June 30, 2014. For the quarter, the company posted consolidated net sales of ¥513.8 billion over first quarter of fiscal year 2014, a 25% or ¥104.4 billion increase over the same period last fiscal year. The company posted an operating income of ¥31.0 billion, an increase of 93% or ¥15.0 billion over the same period last fiscal year. Ordinary income at ¥32.6 billion, a 46% or ¥10.3 billion increase, and a net income of ¥28.2 billion, a 71% or ¥11.8 billion increase, both year-on-year. The company has decided to leave its consolidated forecasts announced on April 24, 2014 unchanged for both the first half of fiscal year 2015 as well as for the full-year of fiscal year 2015.

Mitsubishi Motors Corporation Lunches Facelift Version of the Pajero in Japan

Mitsubishi Motors Corporation has launched its facelift version of the Pajero in Japan. The model features a redesigned grille flanked by a new fog light design that attaches LED running lights, and improved sound insulation in the cabin, including behind the instrument and door panels. New trim colours and textures, including piano black, are avaialable for the console and dashboard. It is available with a choice of two engines, a 3.0-litre, 24-valve V6 capable of 176hp, and 193lb-ft of torque and a 3.2-litre intercooled turbodiesel inline-four cylinder engine that produces 188hp and 325lb-ft of torque.

Mitsubishi Motors Corporation to Report Q1, 2015 Results on Jul 30, 2014

Mitsubishi Motors Corporation announced that they will report Q1, 2015 results on Jul 30, 2014


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