trending Market Intelligence /marketintelligence/en/news-insights/trending/XEjvn1ujepWZVwzLyPocHg2 content esgSubNav
In This List

Mitsubishi Motors fiscal Q2 profit climbs 6.2% YOY

Blog

Europe: 5 key OTT trends to watch in 2022

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud


Mitsubishi Motors fiscal Q2 profit climbs 6.2% YOY

Mitsubishi Motors Corp. said its normalized net income for the fiscal second quarter ended Sept. 30 amounted to ¥25.48 per share, an increase of 6.4% from ¥23.96 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥25.06 billion, a gain of 6.2% from ¥23.59 billion in the year-earlier period.

The normalized profit margin climbed to 4.8% from 4.5% in the year-earlier period.

Total revenue came to ¥521.31 billion, compared with ¥519.58 billion in the prior-year period, and total operating expenses came to ¥489.60 billion, compared with ¥484.79 billion in the prior-year period.

Reported net income grew 8.0% on an annual basis to ¥32.73 billion, or ¥33.28 per share, from ¥30.30 billion, or ¥30.76 per share.

As of Nov. 13, US$1 was equivalent to ¥115.76.