Mitsubishi Motors Corporation (MMC) has revised its consolidated forecasts for the first half of fiscal 2014 (to 30 September, 2014) from the previous forecasts announced on 24 April, 2014.

Though it now expects net sales to drop 5%, it has boosted its profit outlooks by up to almost 42%.

The new forecast has boosted operating income 14%, ordinary income 31.4% and net income 41.6%.

(All data: MMC)
 
Net Sales
 
(millions of yen)
Operating Income
(millions of yen)
Ordinary Income
(millions of yen)
Net Income
 
(millions of yen)
Net Income   Per Share
(yen)
Previous forecast (A)
1,090,000
55,000
56,000
43,000
43.72
Revised forecast (B)
1,035,100
62,700
73,600
60,900
61.93
Change in amount (B-A)
-54,900
+7,700
+17,600
+17,900
 
Change as percentage
-5.0%
+14.0%
+31.4%
+41.6%
 
H1 precious fiscal year (ending 31 March 2014)
929,004
50,820
60,973
46,730
75.44