Date: Nov. 13, 2000

Mitsubishi Motors reports consolidated results
for
half year ending 30 September 2000


Tokyo, November 13 - Mitsubishi Motors Corporation today announced its consolidated business results for the half year ending 30 September 2000 (1 April 2000 - 30 September 2000).

  • Sales for the half year ended 30 September 2000 were 1,542,513 million yen, a decrease of 1.5% on the 1,565,505 million yen for the same period last year.
  • Ordinary loss was 29,471 million yen.
  • Net loss was 75,629 million yen.

For the full 2000 fiscal year (1 April 2000 - 31 March 2001), Mitsubishi Motors forecasts an ordinary loss of 45 billion yen and net loss of 140 billion yen on sales of 3,400,000 million yen.


Consolidated financial highlights
(1 April - 30 September 2000)

Millions of Yen
2000FY 1999FY % change
(4/00 - 9/00) (4/99 - 9/99)
Sales 1,542,513 1,565,505 -1.5
Operating income -23,222 -1,583 -
Ordinary income -29,471 -27,241 -
Net income -75,629 -38,534 -
Earnings per share, basic -77.94 yen -41.80 yen -
Shareholders' equity 258,844 315,038
Total assets 2,914,368 2,938,469
Shareholders' equity ratio 8.9% 10.7%
Shareholders' equity per share 266.77 yen 341.77 yen



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