Mitsubishi Motors cuts FY26 net profit forecast 60% to JPY 10 billion

• Mitsubishi Motors’ net loss attributable to owners of parent narrowed 68% year-on-year to JPY 2.96 billion for the six months ended September 30, 2026.
• Operating profit jumped 78% to JPY 30.64 billion, while net sales rose to JPY 1.31 trillion.
• Global vehicle sales fell 7% year-on-year to 358,000 units, with intensified price competition affecting ASEAN and Australia.
• For FY26, forecast profit attributable to owners of parent was cut 60% to JPY 10 billion, citing intensified competition and rising costs.

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