Mitsubishi is the most profitable Japanese automaker
Mitsubishi is known for its weak earnings in recent years but this isn’t the case anymore according to the latest quarterly reports. While its rivals struggled due to the impact of the... Read more
Mitsubishi lowered its second-half net income forecast by 17 percent
Because of the strong yen, Mitsubishi Motors Corp. lowered its second-half net income forecast by 17%. Based on the company's first-half earnings statement, Bloomberg determined that... Read more
Mitsubishi posts its first fiscal half operating loss of JPY32.5bn
Mitsubishi Motors' operating loss for the first fiscal half amounted to JPY32.5bn, about JPY57.9bn lower from a year ago. Mitsubishi explained that a drop in sales volume and the strong... Read more
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