Mitsubishi Motors

OverviewSuggest Edit

Mitsubishi Motors is a company that designs, manufactures, and sells passenger vehicles, related components, and replacement parts. It operates through two segments: Automobiles and Financial Services. The company develops automobiles and component parts and engages in sales finance and leasing services for group products.

TypePublic
Founded1970
HQTokyo, JP
Websitemitsubishi-motors.com
Overall CultureC-

Latest Updates

Employees (est.) (Apr 2022)30,091
Job Openings24
Revenue (FY, 2021)¥1.5 T(-35%)
Share Price (May 2022)¥378
Cybersecurity ratingBMore
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Key People/Management at Mitsubishi Motors

Takao Kato

Takao Kato

Member of the Board, Representative Executive Officer, President & CEO
Hiroshi Nagaoka

Hiroshi Nagaoka

Representative Executive Officer, Executive Vice President (Responsible for Monozukuri)
Kozo Shiraji

Kozo Shiraji

Director, Audit Committee Member
Tomofumi Hiraku

Tomofumi Hiraku

Chairman of the Board, Outside Director, Nomination Committee Member
Yoichiro Yatabe

Yoichiro Yatabe

Representative Executive Officer, Executive Vice President (Responsible for Sales)
Ken Kobayashi

Ken Kobayashi

Outside Director, Nomination Committee Member
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Mitsubishi Motors Office Locations

Mitsubishi Motors has offices in Tokyo, Aichi, Konan, Kurashiki and in 17 other locations
Tokyo, JP (HQ)
1-21, Shibaura 3-chome, Minato-ku
Aichi, JP
1-1, Aza-Kawagoe, Niki-cho
Konan, JP
2-1, Kosuna-cho
Kurashiki, JP
1, Kaigan-dori 1-chome, Mizushima
Kyoto, JP
1, Tatsumi-cho, Uzumasa, Ukyo-ku
Kyoto, JP
1, Uzumasatatsumi-cho
Show all (24)

Mitsubishi Motors Financials and Metrics

Mitsubishi Motors Revenue

Mitsubishi Motors's revenue was reported to be ¥1.46 t in FY, 2021
JPY

Revenue (Q3, 2022)

525.6b

Gross profit (Q3, 2022)

111.8b

Net income (Q3, 2022)

24.3b

EBITDA (Q3, 2022)

46.4b

EBIT (Q3, 2022)

31.6b

Market capitalization (26-May-2022)

565.3b

Closing stock price (26-May-2022)

378.0

Cash (31-Dec-2021)

441.8b

EV

601.8b
Mitsubishi Motors's current market capitalization is ¥565.3 b.
Annual
JPYFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

2.2t2.5t2.3t1.5t

Cost of goods sold

(1.7t)(2.0t)(1.9t)(1.2t)

Gross profit

502.2b563.9b393.8b252.8b

R&D expense

(56.1b)(124.3b)(73.8b)(101.4b)
Quarterly
JPYQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022

Revenue

560.0b609.3b624.8b536.2b591.8b539.0b229.5b345.3b377.9b431.9b458.6b525.6b

Cost of goods sold

(430.8b)(496.6b)(492.4b)(428.7b)(501.3b)(447.7b)(213.8b)(307.9b)(306.4b)(350.1b)(372.0b)(413.8b)

Gross profit

129.3b112.7b132.4b107.5b90.5b91.3b15.7b37.4b71.5b81.9b86.6b111.8b

R&D expense

(26.6b)(2.3b)(21.1b)(30.5b)(6.0b)(21.8b)(14.6b)(11.2b)(12.2b)(13.9b)(12.7b)(13.5b)
Annual
JPYFY, 2018FY, 2019FY, 2020FY, 2021

Cash

571.9b500.9b399.6b455.7b

Accounts Receivable

174.8b124.6b135.7b152.3b

Inventories

203.8b234.4b273.4b250.0b
Quarterly
JPYQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022

Cash

444.3b458.6b417.4b404.4b409.5b370.1b432.3b487.7b502.6b389.3b372.3b441.8b

Accounts Receivable

388.8b132.1b102.7b111.9b153.6b112.8b92.2b112.8b103.0b80.9b102.7b106.9b

Inventories

232.1b242.3b296.4b226.4b234.3b294.4b226.6b175.4b209.4b274.9b289.3b325.8b
Annual
JPYFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

103.0b118.4b3.8b(298.3b)

Depreciation and Amortization

52.6b62.2b74.8b65.9b

Inventories

(37.5b)(20.4b)(34.3b)44.2b

Accounts Payable

47.5b(9.5b)(49.8b)(20.4b)
Quarterly
JPYQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022

Net Income

67.1b8.1b(210.3b)32.0b

Depreciation and Amortization

28.9b35.8b31.5b26.4b

Inventories

(32.4b)(2.9b)104.4b(22.9b)

Accounts Payable

(26.9b)(7.2b)(191.7b)(62.4b)
Show all financial metrics

Mitsubishi Motors Operating Metrics

FY, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019FY, 2019Q1, 2020

Vehicles Produced (MMPC, Philippines)

37 k9 k5 k5 k4 k23 k5 k6 k8 k7 k26 k1 k

Vehicles Produced (PMC, Japan)

74 k19 k19 k23 k24 k85 k13 k16 k18 k16 k63 k2 k

Vehicles Sold (China, China and Others, Asia, Wholesale)

134 k47 k41 k57 k34 k179 k34 k33 k25 k21 k113 k13 k

Vehicles Sold (Western Europe, Europe, Retail)

160 k45 k45 k41 k56 k187 k48 k44 k38 k43 k173 k27 k

Mitsubishi Motors Acquisitions / Subsidiaries

Company NameDateDeal Size
Cermaq ASASeptember 22, 2014
Asian Transmission Corp.
Higashi Nihon Mitsubishi Motor Sales Co., Ltd.
Mitsubishi Automotive Engineering Co., Ltd.
Mitsubishi Automotive Logistics Technology Co., Ltd.
Mitsubishi Motor R&D Europe GmbH
Mitsubishi Motor Sales Nederland B.V.
Mitsubishi Motor Sales of Canada, Inc.
Mitsubishi Motor Sales of Caribbean, Inc.
Mitsubishi Motors Australia, Ltd.
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Mitsubishi Motors Revenue Breakdown

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Mitsubishi Motors revenue breakdown by business segment: 98.7% from AUTOMOBILE MFG DIVERSIFIED and 1.3% from Other

Human Capital Metrics

Mitsubishi Motors's employees are reported to be approximately 10% female and 90% male.
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Mitsubishi Motors Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Mitsubishi Motors Online and Social Media Presence

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Mitsubishi Motors Company Culture

  • Overall Culture

    C-

    62/100

  • CEO Rating

    C

    65/100

  • Compensation

    A+

    81/100

  • Diversity

    C-

    62/100

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Mitsubishi Motors News and Updates

Mitsubishi Colt to return in 2023

Like the fifth-generation Renault Clio it’s based on, the upcoming 2023 Mitsubishi Colt is unlikely...

Mitsubishi Motors North America Names Mark Chaffin President and CEO

FRANKLIN, Tenn., March 9, 2022 /PRNewswire/ -- Mitsubishi Motors North America, Inc. (MMNA) today announced the appointment of Mark Chaffin as president and CEO, replacing Yoichi Yokozawa. Yokozawa, appointed to the role in March 2020, will return to Mitsubishi Motors Corporation in Tokyo...

Mitsubishi Motors offers service discount for flood victim owners

Mitsubishi Motors Malaysia (MMM) is offering discounts on parts and labour from now until Jan 20 next year to Mitsubishi owners in Kuala Lumpur, Selangor, and Pahang who were affected by the recent floods.

Personnel changes

Mitsubishi PH receives Safety Seal from DOLE

Mitsubishi Motors Philippines (MMPC) has ramped up its health and safety protocols throughout this pandemic, and now it has received a Safety Seal from the Department of Labor and Employment (DOLE).
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Mitsubishi Motors Frequently Asked Questions

  • When was Mitsubishi Motors founded?

    Mitsubishi Motors was founded in 1970.

  • Who are Mitsubishi Motors key executives?

    Mitsubishi Motors's key executives are Takao Kato, Hiroshi Nagaoka and Kozo Shiraji.

  • How many employees does Mitsubishi Motors have?

    Mitsubishi Motors has 30,091 employees.

  • What is Mitsubishi Motors revenue?

    Latest Mitsubishi Motors annual revenue is ¥1.5 t.

  • What is Mitsubishi Motors revenue per employee?

    Latest Mitsubishi Motors revenue per employee is ¥48.4 m.

  • Who are Mitsubishi Motors competitors?

    Competitors of Mitsubishi Motors include Toyoda Gosei, Hyundai Motor and Tata Motors.

  • Where is Mitsubishi Motors headquarters?

    Mitsubishi Motors headquarters is located at 1-21, Shibaura 3-chome, Minato-ku, Tokyo.

  • Where are Mitsubishi Motors offices?

    Mitsubishi Motors has offices in Tokyo, Aichi, Konan, Kurashiki and in 17 other locations.

  • How many offices does Mitsubishi Motors have?

    Mitsubishi Motors has 24 offices.