MITSUBISHI MOTORS CORPORATION is a Japan-based automobile manufacturer. The Company, along with its subsidiaries and associated companies, is engaged in the development, production, purchase, sale, import and export of general and small-sized passenger vehicles, mini-vehicles, sport utility vehicles (SUVs), vans, trucks and automobile parts, as well as industrial machines. It is also engaged in the checking and maintenance of new vehicles, as well as the provision of automobile sales financing and leasing services.
Quick Financial Synopsis
BRIEF: For the six months ended 30 September 2009, MITSUBISHI MOTORS CORPORATION's revenues decreased 53% to Y573.03B. The Company's net loss totaled Y36.40B, vs. an income of Y12.77B. Revenues reflect lower sales of the Company's products & services due to the unfavorable economic environment. Net loss also suffers from higher percentage of sales cost and SG&A expenses, as well as decreased interest income.