Jan 31, 2020 / NTS GMT
Presentation
Jan 31, 2020 / NTS GMT
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Corporate Participants
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* Koji Ikeya
Mitsubishi Motors Corporation - Representative Executive Officer, CFO and EVP of Finance, Controlling & Accounting
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Koji Ikeya - Mitsubishi Motors Corporation - Representative Executive Officer, CFO and EVP of Finance, Controlling & Accounting
And this is Ikeya speaking. Would you please refer to -- take a look at Slide 3? First of all, in the third quarter of fiscal year 2019 on a year-to-date basis, the net sales decreased by 7% year-on-year to 1,616 -- JPY 1,666.9 billion, mainly due to decline in automotive demand worldwide. Operating profit declined sharply to JPY 3.6 billion from JPY 85 billion year-on-year, mainly due to the decreased unit sales and the impact of currency fluctuations. The OP margin decreased from 4.7% to 0.2%.
Ordinary profit was negative JPY 2.7 billion, mainly due to the impact of foreign exchange losses as nonoperating expenses. And net income amounted to negative JPY 11.8
Q3 2020 Mitsubishi Motors Corp Earnings Presentation Transcript
Feb 14, 2024
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