JP-listed companies
MITSUBISHI MOTORS CORPORATION

MITSUBISHI MOTORS CORPORATIONJP:7211

Market cap

¥586B

P/E ratio

3.6x

Income statement Balance sheet Cash flow

	Mar 31, 2013	Mar 31, 2014	Mar 31, 2015	Mar 31, 2016	Mar 31, 2017	Mar 31, 2018	Mar 31, 2019	Mar 31, 2020	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024
Net sales	1,815,113	2,093,409	2,180,728	2,267,849	1,906,632	2,192,389	2,514,594	2,270,276	1,455,476	2,038,909	2,458,141	2,789,589
Cost of sales	1,475,141	1,643,176	1,707,091	1,797,659	1,581,273	1,730,278	2,057,340	1,932,762	1,299,021	1,676,459	1,935,341	2,220,743
Gross profit (loss)	339,971	450,232	473,637	470,190	325,359	462,111	457,254	337,514	156,454	362,450	522,799	568,846
Advertising and promotion expenses	75,225	106,143	101,206	90,976	83,014	110,047	72,971	48,407	34,891	39,147	51,535	63,009
Transportation costs	-	-	-	-	-	-	-	-	-	-	64,131	83,577
Freight costs	43,252	56,595	59,517	56,194	45,817	42,316	53,900	51,058	29,112	49,849	72,747	93,593
Provision of allowance for doubtful accounts	232	-1,144	-367	207	-330	33	395	484	624	1,834	-605	-159
Remuneration, salaries and allowances for directors (and other officers)	60,761	64,515	67,539	68,542	66,097	71,758	74,157	76,886	68,387	66,875	74,711	81,438
Retirement benefit expenses	5,080	5,155	3,926	4,604	3,783	3,509	4,071	3,987	4,959	3,781	3,982	4,444
Provision for retirement benefits	-	-	-	-	-	-	-	-	-	-	1,762	1,828
Depreciation	8,795	9,129	9,131	9,487	10,320	12,506	13,963	18,505	14,898	12,715	14,516	16,690
Research and development expenses	34,817	36,714	45,057	45,012	57,679	56,066	65,920	73,826	55,990	57,507	61,025	57,642
Other	44,422	49,687	51,712	56,787	53,858	67,671	60,058	51,570	42,912	43,405	54,390	61,215
Selling, general and administrative expenses	272,589	326,797	337,724	331,812	320,240	363,909	345,439	324,726	251,776	275,118	332,304	377,874
Operating profit (loss)	67,382	123,434	135,913	138,377	5,118	98,201	111,815	12,788	-95,321	87,331	190,495	190,971
Interest income	3,746	5,325	5,507	4,966	3,530	3,464	5,045	5,351	1,846	1,942	7,623	13,412
Interest and dividend income	-	-	-	-	-	-	-	-	-	-	88,637	82,326
Dividend income	1,144	1,031	1,740	1,557	1,607	2,090	1,647	536	596	567	677	580
Foreign exchange gains	30,395	16,674	4,119	-	-	-	-	-	3,784	9,241	5,421	12,888
Foreign exchange gains	30,395	16,674	4,119	-	-	-	-	-	3,784	9,241	5,421	12,888
Other	2,012	929	1,066	820	502	949	2,996	1,821	2,178	4,183	2,603	2,268
Share of profit of entities accounted for using equity method	4,853	7,373	10,613	10,993	10,969	20,579	17,005	-	-	8,527	-	5,259
Non-operating income	42,152	31,333	23,046	18,337	16,609	27,084	26,694	7,709	14,454	24,462	16,326	34,409
Other	2,012	929	1,066	820	502	949	2,996	1,821	2,178	4,183	2,603	2,268
Non-operating income	42,152	31,333	23,046	18,337	16,609	27,084	26,694	7,709	14,454	24,462	16,326	34,409
Interest expenses	10,624	9,345	4,305	1,587	1,208	3,499	3,709	3,889	5,375	5,085	3,559	6,054
Litigation expenses	1,538	1,031	1,356	967	1,205	1,564	1,996	1,632	2,581	1,586	4,306	5,422
Other	3,469	2,279	1,682	1,830	3,540	1,723	6,043	3,276	7,255	2,675	4,017	4,171
Financing expenses	-	-	-	-	-	-	-	-	1,603	1,476	706	692
Non-operating expenses	15,631	25,295	7,343	15,687	12,783	15,158	18,659	24,341	24,335	10,824	24,799	16,340
Share of loss of entities accounted for using equity method	-	-	-	-	-	-	-	4,263	9,122	-	12,209	-
Other	3,469	2,279	1,682	1,830	3,540	1,723	6,043	3,276	7,255	2,675	4,017	4,171
Non-operating expenses	15,631	25,295	7,343	15,687	12,783	15,158	18,659	24,341	24,335	10,824	24,799	16,340
Ordinary profit (loss)	93,903	129,472	151,616	141,027	8,944	110,127	119,850	-3,843	-105,203	100,969	182,022	209,040
Gain on sale of non-current assets	332	1,198	408	10,848	952	306	656	8,704	1,548	2,858	27,271	481
Gain on sale of investment securities	11,533	205	12	97	1,863	328	1	199	41	99	24	97
Gain on liquidation of subsidiaries	-	-	-	-	-	-	-	-	-	-	-	824
Gain on liquidation of subsidiaries	-	-	-	-	-	-	-	-	-	-	-	824
Other	155	85	517	1,570	432	217	216	98	488	548	398	103
Other	155	85	517	1,570	432	217	216	98	488	548	398	103
Extraordinary income	12,022	2,291	4,091	12,419	5,538	2,287	4,877	18,793	3,621	7,131	27,693	1,506
Extraordinary income	12,022	2,291	4,091	12,419	5,538	2,287	4,877	18,793	3,621	7,131	27,693	1,506
Loss on retirement of non-current assets	5,328	4,572	2,569	3,247	2,073	2,418	2,508	4,097	3,167	2,887	1,941	3,348
Loss on sale of non-current assets	36	664	461	385	277	139	195	252	104	23	1,713	119
Loss related to the Russian business	-	-	-	-	-	-	-	-	-	8,220	19,928	1,313
Impairment losses	-	-	-	-	-	-	-	2,292	107,747	1,451	5,015	1,294
Loss related to the China business	-	-	-	-	-	-	-	-	-	-	10,504	23,002
Loss related to the Russian business	-	-	-	-	-	-	-	-	-	8,220	19,928	1,313
Other	182	2,243	2,508	610	3,608	924	600	250	4,306	827	2,483	635
Loss related to the China business	-	-	-	-	-	-	-	-	-	-	10,504	23,002
Extraordinary losses	36,529	14,568	26,203	44,619	173,221	9,365	6,376	11,147	196,707	13,411	41,586	29,714
Other	182	2,243	2,508	610	3,608	924	600	250	4,306	827	2,483	635
Extraordinary losses	36,529	14,568	26,203	44,619	173,221	9,365	6,376	11,147	196,707	13,411	41,586	29,714
Profit (loss) before income taxes	69,396	117,194	129,504	108,827	-158,738	103,049	118,352	3,801	-298,289	94,689	168,129	180,832
Income taxes - current	17,383	24,693	17,179	23,070	20,986	11,675	22,576	19,790	7,599	13,362	36,410	27,577
Income taxes - deferred	10,385	-14,629	-7,698	7,949	4,782	-6,261	-38,458	6,067	10,215	2,177	-44,642	-7,307
Income taxes	27,769	10,063	9,481	31,019	38,051	-3,203	-16,644	25,857	11,139	15,539	-8,232	20,270
Profit (loss)	-	-	120,023	77,807	-196,789	106,253	134,996	-22,055	-309,428	79,149	176,361	160,562
Profit (loss) attributable to non-controlling interests	-	-	1,853	5,232	1,735	-1,366	2,124	3,723	2,888	5,112	7,630	5,852
Profit (loss) attributable to owners of parent	-	-	118,170	72,575	-198,524	107,619	132,871	-25,779	-312,317	74,037	168,730	154,709