Mitsubishi Motors Corp (MMTOF) Q1 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.827 -- 00:00:03.647 Good afternoon, everyone. 00:00:03.808 -- 00:00:08.169 Thank you very much for taking time out of your busy schedule to join our results meeting 00:00:08.169 -- 00:00:10.169 today. 00:00:10.850 -- 00:00:16.052 Before I begin, I would like to express my heartfelt sympathy 00:00:16.052 -- 00:00:20.433 to everyone affected by the recent earthquake in Kumamoto 00:00:20.433 -- 00:00:26.135 and pray for the region's earliest possible recovery and 00:00:26.135 -- 00:00:28.935 for everyone's safety. 00:00:29.886 -- 00:00:34.848 First, let me briefly explain the key points of our results for the first quarter of 00:00:34.848 -- 00:00:36.489 FY2026 00:00:36.489 -- 00:00:40.610 and our initiatives to achieve the four-year outlook. 00:00:44.753 -- 00:00:49.435 In the first quarter, despite the impact of the Middle East situations and changes in 00:00:49.435 -- 00:00:54.798 the market environment, stronger sales measures and various profit improvement 00:00:54.798 -- 00:01:00.011 initiatives delivered increases in both revenue and profit. 00:01:00.011 -- 00:01:04.613 Net income also was positive. 00:01:09.940 -- 00:01:14.944 Net sales increased by 10.8 billion yen year on year, and operating profit improved 00:01:14.944 -- 00:01:19.708 by 4.5 billion yen. I will explain the impact of the situation in the Middle East on 00:01:19.708 -- 00:01:24.733 the next page. Toward the four-year outlook, we will respond nimbly to market 00:01:24.733 -- 00:01:30.225 changes. to steadily capture sales opportunities and expand destination markets for the 00:01:30.225 -- 00:01:34.547 models launched in the second half of last year and successfully launched the all-new 00:01:34.547 -- 00:01:40.009 Peugeot to achieve our sales plan. Next, an update on the impact ...