04.05.2016, 10:45
MMC Announces Full-year Fiscal 2015 Financial Results
OREANDA-NEWS. Mitsubishi Motors Corporation (MMC) announced its financial results for the full 2015 fiscal year (FY2015) ending March 31, 2016.
MMC posted consolidated net sales of 2,267.8 billion yen over the full term of FY2015 (April 1, 2015 through March 31, 2016), a 4% or 87.1 billion yen increase over the same period last fiscal year.
MMC posted an operating income of 138.4 billion yen, a 2% or 2.5 billion yen increase year-on-year. Despite negative factors such as worsening in foreign exchange rate and increase in costs on quality measures in the market, positive factors such as cost reductions and improvements in volume/model mix, among others contributed to the increase.
MMC posted an ordinary income of 141.0 billion yen, a 7% or 10.6 billion yen decrease year-on-year. Net income attributable to owners of the parent came to 89.1 billion yen, a 25% or 29.1 billion yen decrease year-on-year.
MMC posted consolidated net sales of 2,267.8 billion yen over the full term of FY2015 (April 1, 2015 through March 31, 2016), a 4% or 87.1 billion yen increase over the same period last fiscal year.
MMC posted an operating income of 138.4 billion yen, a 2% or 2.5 billion yen increase year-on-year. Despite negative factors such as worsening in foreign exchange rate and increase in costs on quality measures in the market, positive factors such as cost reductions and improvements in volume/model mix, among others contributed to the increase.
MMC posted an ordinary income of 141.0 billion yen, a 7% or 10.6 billion yen decrease year-on-year. Net income attributable to owners of the parent came to 89.1 billion yen, a 25% or 29.1 billion yen decrease year-on-year.
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