Finance
Japan's Mitsubishi Motors cuts full-year operating profit forecast by 30%
Published by Global Banking & Finance Review®
Posted on August 27, 2025
1 min readLast updated: January 22, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on August 27, 2025
1 min readLast updated: January 22, 2026
Mitsubishi Motors lowers its fiscal year profit forecast by 30% due to US tariffs, reduced sales, and increased expenses, causing a 2% share drop.
TOKYO (Reuters) -Japanese automaker Mitsubishi Motors cut on Wednesday its forecast for the current fiscal year's operating profit by 30% due to the negative impact from U.S. tariffs, lower expected sales volume and higher selling expenses.
The company said it expected to book an operating profit of 70 billion yen ($475.12 million) for the fiscal year through next March, 30 billion yen lower than its previous forecast.
Its shares sold off on the news and were last trading down 2% at around 401 yen.
($1 = 147.3300 yen)
(Reporting by Daniel Leussink; Editing by Himani Sarkar)
Mitsubishi Motors expects to book an operating profit of 70 billion yen ($475.12 million) for the fiscal year through next March.
The company cut its forecast by 30 billion yen, which is a 30% reduction from its previous estimate.
Following the announcement, Mitsubishi Motors' shares sold off and were last trading down 2% at around 401 yen.
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