Mitsubishi Motors has reported a group net loss for April-December 2025 mainly due to U.S. tariff policy while maintaining its profit estimate for the year ending next month.
According to its business results released Thursday, the company posted a net loss of ?4.49 billion ($28.7 million) for the nine-month period, against the year-before profit of ?33.2 billion.
¡°We¡¯re coming out of the bottom of our business performance,¡± as the launches of new models are starting to pay off, President Takao Kato told a news conference.
Mitsubishi Motors is confident that it can secure a net profit on a full-year basis, he added. The company kept unchanged its net profit estimate of ?10 billion for the year.
In the nine-month period, the company¡¯s U.S. tariff payments reached ?37.3 billion. Another negative factor was the yen¡¯s rise against the dollar from a year before.
Consolidated sales fell 0.6% to ?1,976.5 billion. Operating profit sank 69.8% to ?31,627 million.
The company¡¯s global vehicle sales decreased 6% to 589,000 units. Sales fell 4% in Southeast Asia, its major market, and also decreased in North America and Europe. Domestic sales edged up.
Mitsubishi Motors expects full-year global vehicle sales to fall 1%.
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