Mitsubishi Motors Corporation (MMC) has recently announced a slight decline in global revenues for the first nine months of the current fiscal year (FY26), spanning from April to December 2025. Despite this decrease, the Japanese automaker remains optimistic about its future outlook.
In the aforementioned period, MMC reported global revenues of JPY 1,976.5 billion (US$ 12.7 billion), representing a marginal drop compared to the previous fiscal year. However, the company experienced a significant decline in operating profit, which decreased by over 30% to JPY 31.6 billion (US$ 204 million). Additionally, MMC incurred a net loss of JPY 4.49 billion (US$ 28.9 million), contrasting with a net profit of JPY 33.2 billion in the same period of the previous fiscal year.
MMC attributed the deterioration in its financial performance to the impact of the US’ import tariff policy, which presented significant challenges earlier in the fiscal year. The company highlighted the ongoing uncertainty in the global business environment, with Chinese manufacturers’ aggressive export strategies intensifying price competition in key markets.
During the nine-month period, MMC’s global vehicle sales declined by 6% to 589,000 units, with sales in Southeast Asia dropping by 4%. Sales also decreased in North America and Europe, while Japan experienced a slight increase with 84,700 units sold. The company’s global vehicle production totaled 656,075 units, reflecting a year-on-year decrease of almost 4%.
Despite the challenges faced, Mitsubishi Motors has raised its global revenue forecast for the full fiscal year (FY26) to JPY 2.90 trillion, up from the previous projection of JPY 2.82 trillion. The operating profit forecast remains unchanged at JPY 60 billion, with a net profit forecast of JPY 10 billion.
In a statement, MMC acknowledged the difficult external environment but expressed confidence in its strategic initiatives, such as the introduction of new models, which have contributed to a gradual recovery trend in earnings. The company remains focused on navigating the evolving market dynamics and enhancing its competitive position.
For more information on Mitsubishi Motors Corporation’s financial performance and industry insights, you can visit the original article “Mitsubishi Motors reports net loss in Q3 FY26” published by Just Auto. Please note that the information provided is for general informational purposes only and should not be considered as professional advice. It is recommended to seek specialized guidance before making any significant decisions based on the content.
