Mitsubishi Motors Corporation (MMC) has revised down its full fiscal year (to 31 March 2009) forecasts for sales, operating income and ordinary income but left its net income prediction unchanged.
Mitsubishi Motors Corporation (MMC) has revised down its full fiscal year (to 31 March 2009) forecasts for sales, operating income and ordinary income but left its net income prediction unchanged.
The sales forecast has been lowered JPY290bn to JPY2,360bn, operating income is seen JPY10bn lower at JPY50bn and ordinary income down JPY5bn to JPY43bn.
The net income prediction remains JPY20bn.
The change from the original forecast announced on 25 April, 2008 was due mainly to slow unit sales stemming from the economic downturn and the stronger yen exchange rate, MMC said.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Continental has secured the Window Displays Innovation Awardin the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.
