#MitsubishiMotors

As of April 1, 2026, the Representative Executive Officer and Vice President (in charge of Sales) will change from Tatsuo Nakamura to Kyo Igarashi. This change aims to rejuvenate and strengthen the management team upon the expiration of the term.

Director candidates to be proposed at the Annual General Meeting scheduled for June 2026 have been decided. Several reappointments including two newly appointed outside directors, and two planned retirements have been announced.

For the third quarter of the fiscal year ending March 2026, consolidated net sales were ¥1,976.5 billion (0.6% decrease YoY), operating income was ¥31.6 billion (69.8% decrease YoY), and net loss attributable to owners of parent was ¥4.5 billion.

Effective April 1, 2026, Mr. Takao Kato will assume the position of Representative Executive Officer CEO, and Mr. Keisuke Kishiura will be newly appointed as Representative Executive Officer President and COO. Three director candidates have also been decided.

In the appeal trial of the product liability lawsuit against our subsidiary MMNA, the Superior Court of Pennsylvania, USA, overturned and remanded the first-instance judgment.

Our consolidated subsidiary, Mitsubishi Motors (Thailand) Co., Ltd., has decided on a special dividend of 5,000 million Thai Baht, and we plan to record 24.3 billion yen in non-operating income in the standalone earnings for the fiscal year ending March 2026.