Mitsubishi’s net income fell to $64 million in FY2025
Mitsubishi Motors Corporation reported a 76% plunge in net income to JPY 10 billion in the fiscal year ending in March 2026, due mainly to the introduction of import tariffs in the US.
The company’s operating profit fell by 63% to JPY 75.5 billion during the year, while global revenues rose by 8.3% to JPY 2,896.5 billion.
Mitsubishi is forecasting global revenues to rise by 13% to JPY 3,260.0 billion in the current fiscal year, helped by the recent launch of new models.
The company expects its operating profit to grow by 19% to JPY 90 billion, while net income is expected to rebound by 150% to JPY 25 billion.