Mitsubishi Motors Corporation · TSE:7211

Mitsubishi Motors — FY2024 Earnings Presentation

33 slides from Mitsubishi Motors's earnings presentation, May 8, 2025

  1. Slide 1: FY2024 Financial Results

    MITSUBISHI MOTORS 2024FE RRS 202545588

  2. Slide 2: MITSUBISHI

    MITSUBISHI 1.202448 Ris 2.20254 sete i L 3.20257 Brix) the 4.PERR=S StH "Challenge 2025,

  3. Slide 3: FY2024 results summary

    27,896 27,882 -14 0% 6,275 6,799 6,819 7,989 1,910 1,388 -522 355 552 139 342 -27% (5.7%) (8.1%) (2.0%) (4.3%) (6.8%) (5.0%) (-1.8pp) 2,090 986 -1,104 -53% 424 268 93 201 1,547 410 -1,137 -73% 295 85 -48 78 815 842 +27 +3% 194 214 216 218

  4. Slide 4: Operating profit variance FY2023 vs FY2024

    +37 USD 144 153 +254 EUR 156 163 -2 THB 4.10 4.37 -294 1,910 AUD 95 100 +115 -93 +130 PHP 2.60 2.66 +38 +62 -453 - - +18 -38 -26 -121 1,388 -62 +275 -88 +129 +91 +100 -213 -47 -33 -113 -1 -55 -3 -23 -17

  5. Slide 5: Operating profit variance Q4

    +187 +21 +57 -71 -6 +29 -72 +130 +44 -44 -11 342 309 +89 +4 -157 -18 -5 +1 USD 148 154 +60 +66 EUR 161 160 0 +25 THB 4.17 4.52 -83 +88 AUD 97 96 -5 +22 PHP 2.65 2.67 +3 ±0 - - -19

  6. Slide 6: Sales volume by region

    +27 (+3%) +11 (+5%) 239 250 NZ +2 (+2%) 84 86 +1 (+1%) 138 139 +7 (+6%) 111 118 +23 (+14%) -6 (-11%) 163 186 57 -11 (-48%) 23 12 51

  7. Slide 7: MITSUBISHI

    MITSUBISHI 1.20244 Ris 2.20254 seis iH L 3.20257 2 ma te 4.PERR=S StH "Challenge 2025,

  8. Slide 8: FY2025 forecast

    27,882 29,500 +1,618 +6% 1,388 1,000 -388 -28% (5.0%) (3.4%) (-1.6pp) 986 900 -86 -9% 410 400 -10 -2% ¥15 ¥10 842 878 +36 +4%

  9. Slide 9: FY2025 operating profit forecast variance

    +735 -145 +84 -130 +266 -33 +11 -61 +290 -300 +469 -510 -346 -100 1,388 1,400 +15 +376 +8 -400 +104 1,000 USD 153 145 -217 +17 EUR 163 162 -11 +40 THB 4.37 4.30 +72 -7 AUD 100 92 -163 +201 PHP 2.66 2.56 -60 +4 - - -131

  10. Slide 10: FY2025 sales volume forecast by region

    +36 (+4%) +37 (+15%) 250 287 NZ -4 (-5%) 82 +14 (+10%) 86 139 153 +12 (+10%) 118 -33 (-18%) 130 +9 (+18%) 186 153 +1 (+8%) 12 51 13 60

  11. Slide 11: 1.20244 Ris

    1.20244 Ris 2.20254 sete i L MITSUBISHI 3.20257 Bmax te 4.PERR=S StH "Challenge 2025, 11

  12. Slide 12: FY2025 business plan overview

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  13. Slide 13: FY2025 business plan by region

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  14. Slide 14: FY2025 business plan by region

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  15. Slide 15: Bm 7Ity Zz.

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  16. Slide 16: 1.20244 Ris

    1.20244 Ris 2.20254 sete i L 3.20257 2 ma te 4.pRag = MITSUBISHI 16

  17. Slide 17: Challenge 2025 targets

    2,500 2,711 2,901 2,927 1,100 815 842 878 2,200 1,910 1,388 1,000 (7 ) (6.8 ) (5.0 ) (3.4 ) 1.0 1.0 0.9 0.95 (45 ) (41 ) (42 ) (40 ) 1,500 1,146 1,267 1,260 1,300 936 1,006 1,000

  18. Slide 18: Operating profit plan

    -500 USD 127 145 +460 -200 2,200 EUR 138 162 +130 THB 3.88 4.30 -400 AUD 90 92 +50 -700 PHP 2.33 2.56 +140 - - +220 1,400 -300 -400 +600 1,000 -100 -400 -200

  19. Slide 19: Powertrain mix outlook

    • • • • 100,000 45% 90,000 40% 80,000 35% 70,000 30% 60,000 25% 50,000 20% 40,000 30,000 15% 20,000 10% 10,000 5% - 0% CY2019 CY2020 CY2021 CY2022 CY2023 CY2024 CY2025 ICE BEV HEVs PHEV FCEV BEV

  20. Slide 20: Challenge 2025 progress

    • • • • FY22 FY23 FY24 FY22 FY23 FY24 FY22 FY23 FY24 835 723 562 374 439 470 357 284 324 1,000 6.0% 500 25.0% 400 15.0% 5.0% 350 800 400 20.0% 300 4.0% 250 10.0% 600 300 15.0% 3.0% 200 400 200 10.0% 150 2.0% 5.0% 100 200 1.0% 100 5.0% 50 0 0.0% 0 0.0% 0 0.0% FY22 FY23 FY24 FY22 FY23 FY24 FY22 FY23 F

  21. Slide 21: Challenge 2025 progress

    • • 3.0% 2.5% 2.0% 1.5% 1.0% 0.5% 0.0% FY19 FY20 FY21 FY22 FY23 FY24

  22. Slide 22: Services and partnerships

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  23. Slide 23: Challenge2025 model lineup

    Challenge2025 2024 2025 XFORCE XFORCE HEV DST XPANDER TRITON XPANDER HEV PAJERO SPORT DELICA MINI Outlander PHEV GLOBAL MODEL ASX GRANDIS Compact SUV BEV BEV MODEL

  24. Slide 24: Alliance partnerships

    an = a, se Otesee & HEE ra FAIL Ni NISSAN NISSAN HONDA MOTOR CORPORATION ai AEM Y Ica Te REREY 77 y PORE alae An acie BUSHROM/ RMA Key FU et AA BR bla NISSAN Renault MOTOR CORPORATION N I i= SA N roup ! MOTOR CORPORATION HADELENR- +E 2025 : SUV HEV/ICE-OEMESI+ (ICE/BEV) 2025 : Rogue PHEV-OEMI4 L 202

  25. Slide 25: Drive your Ambition

    ae MITSUBISHI MOTORS Drive your Ambition

  26. Slide 26: APPENDIX

    APPENDIX MITSUBISHI 26

  27. Slide 27: 24,545 22,459 -2,086 6,742 4,525 -2,217 14,100 12,723 -1,377 4,924 3,148 -1,776 10,445 9,736

    24,545 22,459 -2,086 6,742 4,525 -2,217 14,100 12,723 -1,377 4,924 3,148 -1,776 10,445 9,736 -709 10,102 9,344 -758 (41.2%) (41.6%) 4,535 3,945 -590 310 450 +140

  28. Slide 28: +7% (YoY) +11% (YoY) +9% (YoY)

    1,267 +7% (YoY) +11% (YoY) +9% (YoY) 6% 5% 4% 3% 2% 1% 0% 1 2 3 4 5 6 7 8

  29. Slide 29: FY2024 results by region

    27,896 27,882 -14 1,910 1,388 -522 5,310 5,664 +354 203 198 -5 3,190 3,211 +21 240 252 +12 4,016 4,043 +27 384 172 -212 6,091 6,316 +225 -131 -74 +57 7,111 7,342 +231 1,119 769 -350 2,118 1,271 -847 82 65 -17 60 35 -25 13 6 -7

  30. Slide 30: FY2025 forecast by region

    27,882 29,500 +1,618 5,664 6,650 +986 3,211 3,300 +89 4,043 4,200 +157 6,316 6,600 +284 7,342 6,450 -892 1,271 2,250 +979 35 50 +15

  31. Slide 31: -1% (YoY) -1% (YoY) +11% (YoY)

    1,000 1,260 820 -1% (YoY) -1% (YoY) +11% (YoY) 6% 5% 4% 3% 2% 1% 0% 1 2 3 4 5 6 7 8

  32. Slide 32: Dividends

    2025 thbsa7t Rial ete OBE: 10F (FL) FY2021 FY2022 FY2023 FY2024 FY2025 (P48)

  33. Slide 33: MITSUBISHI

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