Q2 2023 Mitsubishi Motors Corp Earnings Presentation Transcript

Nov 02, 2022 / NTS GMT

Transcript

Koji Ikeya

Mitsubishi Motors Corporation - Representative Executive Officer, Executive VP & CFO

Good evening. I'm Ikeya, Executive Vice President and CFO. Thank you very much for joining our first half 2022 financial results briefing. The business environment surrounding us, such as worldwide shortages of parts supply, logistics disruption and Russia's military invasion in Ukraine continues to be uncertain. Even in such a business environment, we achieved a significant year-on-year improvement, thanks to our focus on improving the quality of sales and net revenue and favorable currency exchange rates.

Net sales for the first half increased 30% year-on-year to JPY 1,158.2 trillion. Operating

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