The group expects an annual net profit of 75 billion yen (545 million euros), almost unchanged compared to the 2021/22 financial year (74 billion yen), where it returned to the green after a heavy loss a year earlier because of the Covid-19 pandemic.
It expects a 3% increase in its annual operating profit, to 90 billion yen against 87.3 billion yen over the past financial year.
The growth of its sales in most of its markets (except in Europe and China) and a largely positive currency effect thanks to the fall of the yen should allow it to offset negative factors such as the increase in the cost of raw materials, detailed the group. in an online presentation.
In volume, Mitsubishi Motors expects to sell 938,000 vehicles in 2022/23, a stable level over one year, but its sales in value should improve by managing to increase its prices.
Its annual turnover should thus rise to 2,290 billion yen (16.6 billion euros, +12.3% over one year), driven in particular by its main markets, Japan and South Asia. East, as well as North America.
Its sales last year totaled 2,038.9 billion yen, a rebound of 40% year on year thanks mainly to North America and Southeast Asia.
The group has, however, remained cautious regarding its dividend policy: it has not yet announced any for 2022/23, although it had already paid none for the past financial year.