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

Mitsubishi Motors FY ending Mar 2026 results

About 99% of Mitsubishi Motors's sales come from Car business, with Financial business making up much of the rest.

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%.

Revenue and profit pattern

Revenue up, profit downRevenue grew faster

Revenue +3.9% · profit -45.6%, calculated from disclosed figures.

Operating leverage: -11.74× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue
+3.9%¥2.79T → ¥2.9T
Gross profit
-16.3%¥536.7B → ¥449.1B
Operating income
-45.6%¥138.8B → ¥75.5B
Net income attributable to owners
-75.6%¥41B → ¥10B
Operating cash flow
-79.5%¥174.7B → ¥35.8B
Free cash flow
-237.1%¥63.6B → -¥87.1B

Results at a glance

  • Revenue for FY ending Mar 2026 was ¥2.9T, up +3.9% from ¥2.79T.
  • Profit went the other way: operating income dropped from ¥138.8B to ¥75.5B (-45.6%), and net income from ¥41B to ¥10B (-75.6%).
  • Operating cash flow shrank from ¥174.7B to ¥35.8B, and free cash flow swung to -¥87.1B.

What drove the change

  • US tariffs, more exports from Chinese automakers and changing emissions rules cut into profit.
  • New models such as the Destinator got off to a solid start, lifting second-half operating income above the prior year.
  • Cash from operations fell because pretax profit dropped while receivables and dealer/customer finance loans grew.

Things to watch

  • Tension in the Middle East is pushing up energy and shipping costs and hurting demand there and in Southeast Asia; a long conflict could disrupt parts supply and production.
  • Most sales are made outside Japan, so big currency swings change profit once converted to yen.
  • Tougher competition, including Chinese brands expanding abroad, could slow new model launches and efforts to earn more per car.

Annual Securities Report / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual Securities Report / 事業等のリスク

Where the money goes

FY ending Mar 2025 → FY ending Mar 2026

Where ¥100 of sales goes

For every ¥100 Mitsubishi Motors sells, how much goes where, and how much is kept.

FY ending Mar 2026
Cost of sales
¥84
SG&A
¥13
Operating profit
¥3
Net profit kept
¥0

Annual margin trends

Gross margin15.5%
FY ending Mar 2021: 10.7%10.7%FY ending Mar 2022: 17.8%17.8%FY ending Mar 2023: 21.3%21.3%FY ending Mar 2024: 20.4%20.4%FY ending Mar 2025: 19.2%19.2%FY ending Mar 2026: 15.5%15.5%FY21FY22FY23FY24FY25FY26
Operating margin2.6%
FY ending Mar 2021: -6.5%-6.5%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%FY21FY22FY23FY24FY25FY26
Net margin0.3%
FY ending Mar 2021: -21.5%-21.5%FY ending Mar 2022: 3.6%3.6%FY ending Mar 2023: 6.9%6.9%FY ending Mar 2024: 5.5%5.5%FY ending Mar 2025: 1.5%1.5%FY ending Mar 2026: 0.3%0.3%FY21FY22FY23FY24FY25FY26

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Which businesses earn the money

Revenue by business segment, and the profit each one keeps.

FY ending Mar 2026

Profit by segment

※ Segment figures include inter-segment sales and do not sum to the company total

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

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