Mitsubishi Motors Corporation · TSE:7211
Mitsubishi Motors — FY2024 Q3 Earnings Presentation
28 slides from Mitsubishi Motors's earnings presentation, Feb 3, 2025
Slide 1: Mitsubishi Motors FY2024 Q3 Financial Results
MITSUBISHI MOTORS 2024 23 0+H8 RERA 20252738
Slide 2: Agenda
MirsuBIsHI MOTORS. 1.20247 ES 300-488 Ris 2.202448 sie 5K L B3.EYRANTITb
Slide 3: FY2024 Q3 consolidated results summary
20,639 19,893 -746 -4% 6,275 6,799 6,819 1,601 1,046 -555 -35% 355 552 139 (7.8%) (5.3%) (-2.5pp) (5.7%) (8.1%) (2.0%) 1,660 785 -875 -53% 424 268 93 1,028 332 -696 -68% 295 85 -48 585 624 +39 +7% 194 214 216
Slide 4: Operating profit variance, nine months
-150 USD 143 153 +194 1,601 +186 EUR 155 165 -2 -223 -56 THB 4.08 4.32 -211 +73 -28 AUD 94 100 +120 -382 -56 PHP 2.58 2.65 +35 +58 - - +37 -20 +46 -110 1,046 -128 -132 +173 +66 +12 -22 -135 -49 -3 -61
Slide 5: Operating profit variance, Q3
-71 559 USD 149 149 +7 +32 EUR 159 161 +3 -109 -84 THB 4.15 4.44 -97 +38 +13 AUD 96 99 +17 -105 -19 PHP 2.66 2.59 -16 +65 -47 - - -68 -58 -56 -25 +41 -7 -34 +65 -38 -154 -14 -2 -58 139
Slide 6: Operating profit variance, Q3 vs Q2
USD 154 149 -35 -64 EUR 166 161 0 THB 4.30 4.44 -39 552 AUD 101 99 -16 -59 +10 PHP 2.65 2.59 -10 -82 - - -85 -8 -7 +6 +40 -85 -77 -6 -33 -69 +3 -12 -65 -16 -185 +6 ±0 139
Slide 7: Results by region
+39 (+7%) +9 (+5%) 190 181 NZ +5 (+9%) 63 +3 (+3%) 58 102 +9 (+12%) 99 75 84 +20 (+17%) +5 (+15%) 117 137 21 34 9 39 -12 (-57%)
Slide 8: Regional sales and market overview
2OZAE REST SHE O LR 2. PREY *ALPAPY PRR: VO-Ty bY ry (4ttH~) FY2023/30Rst FY2024/308st Perv 181¢4 > 190+ a4 2274 (3.7%) > 204 (4.8%) TYRRYP = 58 +4 (8.0%) > 54s (8.2x) 7rUevV 614 (18.4%) > 684 (19.3%) AbFL 24+4 (10.2%) > 354 (13.3%) YL-yP 16+4 (2.6%) > = 128 (1.9%) ARPA, 5858 > 6374 LIAZKYY- Bury :
Slide 9: Regional overview
20242 ESTER SOLER es. PRA PR? 7UA RR: VT bh YP uitH) FY2023/30t FY2024/30R8t ARIK ¢ cae? th 99+e > 1024 PRK 3948 + 4448 aR ttt 60+4 > 5834 L200/K34 kY BPE ¢ HU bICH 3 RRB RLS—RASHICAD, MLBMRCHMMMER BR P7VUA MA RAKIOFORBREE-MRORSMLOBAE 3 ITSd SUVE RoR CHE =HS =» SUVEEBICEALTIIYRENU 1 -MLeNScelc, MH M
Slide 10: Regional overview
20242 ESTER SOLER es. FAR + IEA > BR Poe BX FY2023/30t FY2024/30R8t BAA 758 > 8444 Ab 1174 > 137#4 BRM 3444 > 39+e PIRBYI— BAA: MEROMEENin< H. PACH TS "TUADS, TFUASIs Rv mE MPIKGYI—PHEV, DMPO, BRM: ey cr MA MILK : HERA BLOBBS ISH. AFI WP OKIYI—y PHEVA SACHS MR : ORR RRA kCERE COMM MARRIAESH, RT EXVI
Slide 11: Agenda
MirsuBIsHI MOTORS. 1.20247 56 S2U-FHA is 2.20244 seis iH L B3.EYRANTITb
Slide 12: FY2024 full-year forecast
27,896 27,600 -296 -1% -1,200 1,910 1,250 -660 -35% -650 (6.8%) (4.5%) (-2.3pp) 2,090 900 -1,190 -57% -1,000 1,547 350 -1,197 -77% -1,090 ¥10 ¥15 815 848 +33 +4% -47
Slide 13: Forecast operating profit variance
+28 USD 144 151 +189 EUR 156 164 +13 1,910 THB 4.10 4.35 -274 -92 +120 AUD 95 100 +124 +54 -479 PHP 2.60 2.66 +36 -25 - - +38 -53 -70 -104 1,250 +79 +269 -161 +126 +93 -233 -89 -114 -54 -6 -52 -49 -23
Slide 14: Forecast operating profit variance versus prior forecast
-252 USD 142 151 +259 EUR 159 164 +8 THB 4.14 4.35 -228 1,900 AUD 96 100 +102 -249 PHP 2.61 2.66 +31 -3 -199 - - -36 -86 -120 1,250 -30 -215 -127 +136 -67 +17 -104 +33 -10 -40 -40 -61 -21 -1 -50
Slide 15: Forecast sales volume by region
+33 (+4%) -47 +10 (+4%) -28 249 239 NZ +3 (+4%) +1 84 87 +4 (+3%) -12 138 142 +5 (+5%) +4 111 116 +24 (+15%) +2 -4 (-7%) -15 163 187 57 -9 (-39%) +1 23 14 53
Slide 16: Agenda
MirsuBIsHI MOTORS. 1.20247 56 S2U-FHA is 2.202448 sie 5K L B.EYRANTITh
Slide 17: Topics
25H (POKFYI—s eo Rizg\O—-5* Bans AAD SHRA
Slide 18: Pickup market share
10.0% 9.0% 8.0% 7.0% 6.0% 5.0% 4.0% 3.0% 2.0% 1.0% 0.0% Pickup Total Passenger T&B, van, small pickup Market Share
Slide 19: Sales trend FY2020-FY2024
20244 thse Riel as" te te OBE: 15 (FL) Hil 7.5 FY2020 FY2021 FY2022 FY2023 FY2024
Slide 20: Alliance partners Nissan and Honda
See Re O teat ic BLT re NISSAN HONDA Je tiioa™ MOTOR CORPORATION
Slide 21: Drive your Ambition
ae MITSUBISHI MOTORS Drive your Ambition
Slide 22: Appendix
APPENDIX 22
Slide 23: Financial summary tables
24,545 22,897 -1,648 6,742 4,002 -2,740 14,100 12,763 -1,337 4,924 3,476 -1,448 10,445 10,134 -311 10,102 9,717 -385 (41.2%) (42.4%) 4,535 3,327 -1,208
Slide 24: Market growth chart
-0% (YoY) +13% (YoY) +11% (YoY) 6% 5% 4% 3% 2% 1% 0% 1 2 3 4 5 6 7 8
Slide 25: Results by region, nine months
20,639 19,893 -746 1,601 1,046 -555 3,958 4,192 +234 220 240 +20 2,248 2,350 +102 179 191 +12 3,115 2,847 -268 322 141 -181 4,372 4,422 +50 -88 -86 +2 5,149 5,299 +150 864 502 -362 1,756 758 -998 98 55 -43 41 25 -16 6 3 -3
Slide 26: Forecast by region
27,600 -296 5,310 5,570 +260 3,190 3,280 +90 4,016 3,980 -36 6,091 6,130 +39 7,111 7,270 +159 2,118 1,330 -788 60 40 -20
Slide 27: Growth trend chart
1,000 1,250 730 +7% (YoY) +9% (YoY) +8% (YoY) 6% 5% 4% 3% 2% 1% 0% 1 2 3 4 5 6 7 8
Slide 28: Cautionary notes
MiTsuBisHi MOTORS. AAR CMAN TISERICMS SicMld, Hm CAF MRC RICBOWTEHO. UAZDEME REZBATHI ET. HWKLT. SROMHTIL—FORRAREMOS< RAS. THROM, £4 - ASOLH, AAD - MUORBATRESICKO, RRORBM CNS ORMRCKS< REST RED HSC Ce CHMMBE CES BB. BENUATPPEEBRISTHSICRSENSbODCTKAIECAODT CHESS. Eley Metld, HRECEBRERRIS Sole. AABCHRAN