Vizora日本語

Mitsubishi MotorsMITSUBISHI MOTORS CORPORATION7211東証プライム輸送用機器FY ending Mar 2026, consolidated, J-GAAP

Mitsubishi Motors revenue and profit

Out of every ¥100 of sales, about ¥3 is left as operating profit. Revenue changed +3.9% from the prior year, operating profit -45.6%.

Five-year trend

Revenue¥2.9T
FY ending Mar 2022: ¥2.04T¥2.04TFY ending Mar 2023: ¥2.46T¥2.46TFY ending Mar 2024: ¥2.79T¥2.79TFY ending Mar 2025: ¥2.79T¥2.79TFY ending Mar 2026: ¥2.9T¥2.9TFY22FY23FY24FY25FY26
Operating income¥75.5B
FY ending Mar 2022: ¥87.3B¥87.3BFY ending Mar 2023: ¥190.5B¥190.5BFY ending Mar 2024: ¥191B¥191BFY ending Mar 2025: ¥138.8B¥138.8BFY ending Mar 2026: ¥75.5B¥75.5BFY22FY23FY24FY25FY26
Operating margin2.6%
FY ending Mar 2022: 4.3%4.3%FY ending Mar 2023: 7.7%7.7%FY ending Mar 2024: 6.8%6.8%FY ending Mar 2025: 5.0%5.0%FY ending Mar 2026: 2.6%2.6%FY22FY23FY24FY25FY26

What drives ROE

Net margin × asset turnover = ROA; ROA × financial leverage = ROE

Net margin0.3%
Asset turnover1.24×
ROA0.4%
ROA0.4%
Financial leverage2.62×
ROE1.1%

Denominators: average assets and average equity. Derived from reported values; ROE is shown only for positive profit and equity.

Net margin0.3%
2022: 3.6%3.6%2023: 6.9%6.9%2024: 5.5%5.5%2025: 1.5%1.5%2026: 0.3%0.3%2223242526
Asset turnover1.24×
2022: 1.06×1.06×2023: 1.19×1.19×2024: 1.20×1.20×2025: 1.19×1.19×2026: 1.24×1.24×2223242526
ROA0.4%
2022: 3.8%3.8%2023: 8.2%8.2%2024: 6.6%6.6%2025: 1.7%1.7%2026: 0.4%0.4%2223242526
Financial leverage2.62×
2022: 2.96×2.96×2023: 2.80×2.80×2024: 2.61×2.61×2025: 2.51×2.51×2026: 2.62×2.62×2223242526
ROE1.1%
2022: 11.3%11.3%2023: 22.9%22.9%2024: 17.4%17.4%2025: 4.4%4.4%2026: 1.1%1.1%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
20223.6%1.06×3.8%2.96×11.3%
20236.9%1.19×8.2%2.80×22.9%
20245.5%1.20×6.6%2.61×17.4%
20251.5%1.19×1.7%2.51×4.4%
20260.3%1.24×0.4%2.62×1.1%

Financial leverage can raise ROE; a higher value alone does not describe a company's overall condition.

Asset intensity and goodwill

Annual trends in tangible-asset ratios and goodwill balance.

PPE ÷ revenue19.0%
2021: 28.2%28.2%2022: 21.1%21.1%2023: 18.5%18.5%2024: 17.9%17.9%2025: 18.8%18.8%2026: 19.0%19.0%212223242526
PPE ÷ total assets22.8%
2021: 22.1%22.1%2022: 22.3%22.3%2023: 20.6%20.6%2024: 20.3%20.3%2025: 23.3%23.3%2026: 22.8%22.8%212223242526

Ratios are derived from reported values. Goodwill is shown only when separately reported; it is not inferred from combined intangible assets. Definition

Investment and working-capital efficiency

Track R&D investment and how long operating capital remains tied up before sales turn into cash.

R&D spending¥116.8B
2021: ¥101.4B¥101.4B2022: ¥90.7B¥90.7B2023: ¥107.2B¥107.2B2024: ¥114.6B¥114.6B2025: ¥126.7B¥126.7B2026: ¥116.8B¥116.8B212223242526
R&D / revenue4.0%
2021: 7.0%7.0%2022: 4.4%4.4%2023: 4.4%4.4%2024: 4.1%4.1%2025: 4.5%4.5%2026: 4.0%4.0%212223242526
Receivable days—
2021: 39d39d212223242526
Payable days67d
2021: 86d86d2022: 71d71d2023: 70d70d2024: 55d55d2025: 57d57d2026: 67d67d212223242526

R&D is shown only for years with machine-readable disclosure. Days are estimates using year-end receivables, inventory and payables divided by annual revenue or cost of sales; financial companies are excluded.

Income statement (JPY millions)

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Revenue2,038,9092,458,1412,789,5892,788,2322,896,536
Cost of revenue1,676,4591,935,3412,220,7432,251,5282,447,418
Gross profit362,450522,799568,846536,703449,117
SG&A275,118332,304377,874397,876373,600
Operating income87,331190,495190,971138,82675,517
Pretax income94,689168,129180,83287,26557,331
Income tax15,539-8,23220,27036,61636,173
Net income attributable to owners74,037168,730154,70940,98710,015
Operating margin4.3%7.7%6.8%5.0%2.6%

Balance sheet (reported items)

Year-end figures from filings. Unreported items are omitted. Interest-bearing debt excludes lease liabilities.

Assets

Cash 18%
Property, plant and equipment 23%
2%
2%
Other assets 55%

Funding

Trade payables 18%
Other liabilities 42%
Equity 40%

Each bar totals 100% of assets; other is the residual.

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Cash and equivalents¥511.5B¥595.9B¥674.2B¥450.1B¥438.9B
Total assets¥1.93T¥2.2T¥2.45T¥2.25T¥2.42T
Net assets¥630.3B¥830.4B¥1.04T¥973.6B¥963.3B
Share capital¥284.4B¥284.4B¥284.4B¥284.4B¥284.4B
Property, plant and equipment¥429.5B¥454.6B¥498.1B¥524.4B¥551.2B
Intangible assets excluding goodwill¥38.3B¥40B¥44.9B¥51.2B¥49.4B
Investment securities¥98.4B¥95.4B¥104.1B¥102.7B¥52.2B
Current assets¥1.26T¥1.47T¥1.63T¥1.39T¥1.61T
Current liabilities¥1.08T¥1.01T¥1.18T¥1T¥1.17T
Trade payables¥324.1B¥369.5B¥337.4B¥351B¥447.1B
Short-term borrowings¥21.8B¥31.3B¥68.1B¥22.7B¥69.9B
Long-term borrowings¥95.8B¥248B¥127.8B¥130.5B¥140.7B
Total liabilities¥1.3T¥1.37T¥1.41T¥1.27T¥1.45T
Non-controlling interests¥23.3B¥29.2B¥34.2B¥39.2B¥43.8B
Equity attributable to owners of parent¥652.5B¥821.4B¥960.5B¥914.4B¥864.9B
Retained earnings¥169.7B¥338.4B¥478.2B¥500.6B¥451B
Treasury stock-¥1.38B-¥989M-¥1.69B-¥56.4B-¥56.3B

Sources

Show source documents (10)

  • EDINET (FSA Japan)

    有価証券報告書

    ID S100YCMC2026-06-16Open

  • EDINET (FSA Japan)

    有価証券報告書

    ID S100VZMJ2025-06-18Open

  • EDINET (FSA Japan)

    訂正有価証券報告書

    ID S100U4FH2024-07-29Open

  • EDINET (FSA Japan)

    有価証券報告書

    ID S100R3AQ2023-06-23Open

  • EDINET (FSA Japan)

    有価証券報告書

    ID S100OG4J2022-06-24Open

  • EDINET (FSA Japan)

    有価証券報告書

    ID S100LPLR2021-06-24Open

  • EDINET (FSA Japan)

    有価証券報告書

    ID S100J0NG2020-06-25Open

  • EDINET (FSA Japan)

    有価証券報告書

    ID S100G4HC2019-06-21Open

  • EDINET (FSA Japan)

    有価証券報告書

    ID S100DA0S2018-06-22Open

  • EDINET (FSA Japan)

    有価証券報告書

    ID S100AJQ92017-06-23Open

Extracted from XBRL: 54 / Derived from other figures: 1

Spotted an error? Report it (corrections keep the original record)

Analyze this page with AI

Markdown with figures, units, periods and sources, ready to paste into ChatGPT or Claude.

Open MarkdownShare on XSave image