Mitsubishi Motors reported consolidated net profit for the April–June quarter of 2026 rose 91.2% year-on-year to 1.4 billion yen. Despite ongoing headwinds such as heightened tensions in the Middle East, flexible sales activities and profit improvement measures paid off, securing a profit. Global sales volume fell 8% to 179,000 units, with the Middle East situation accounting for a 15,000-unit impact, but this remained within the range assumed at the start of the period. President Keisuke Kishiu said the impact on operating profit was about 10 billion yen, and the impact centered on logistics costs exceeded roughly 2 billion yen. The company left its full-year consolidated earnings forecast for the fiscal year ending March 2027 unchanged, with a net profit forecast of 25 billion yen, below the average analyst estimate of 30.1 billion yen.
Mitsubishi Motors CorporationNet profit jumped 91% year-on-year, beating expectations despite Middle East headwinds.