[Mitsubishi Motors] Notice of Full-Year Business Results Forecast and Actual Results Discrepancy | May 2026

Performance Overview

Mitsubishi Motors' full-year consolidated earnings forecast for March 2026 and actual results showed a slight shortfall in net sales, approximately 2.8965 trillion yen, but operating income exceeded the forecast at 75,517 million yen, increasing by 7.9% YoY. Ordinary income also significantly increased to 78,908 million yen, supported by revisions in environmental regulation compliance costs and improved foreign exchange gains and losses. Net income remained flat at 10,015 million yen.

Reasons for the Discrepancy and Future Outlook

The upward revision in ordinary income was driven by the revisiting of environmental regulation compliance costs in the U.S. and improvements in foreign exchange gains and losses, with non-operating gains exceeding expectations. Going forward, we will continue to monitor exchange rate trends and environmental regulation progress, aiming for stable earnings. The slight decline in net sales was caused by foreign exchange fluctuations and changes in sales volume; future movements depend on currency trends and sales strategies.