08 03-13 mm rd-q1-3

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08 03-13 mm rd-q1-3

  1. 1. 0 FY2013 First Quarter Financial Results Mitsubishi Motors Corporation July 30, 2013
  2. 2. 1 Although Net Sales Decreased, Operating Income Increased Operating Results Trending Along the Lines of April 25 Forecast FY2013 1Q Results Summary (vs. FY2012 1Q Actual) FY12 1Q Actual FY13 1Q Actual Change Apr 25 FY13 1H Forecast Net Sales 4,193 4,094 - 99 10,000 Operating Income 149 160 +11 360 Ordinary Income 142 223 +81 340 Net Income 200 164 - 36 190 Sales Volume (retail) 239 249 +10 544 Sales Volume (wholesale) 258 250 - 8 597 (OEM and joint development models, etc.) (22) (31) (+9) (85) (100 million yen/000 units) Note: Sales volume of FY2013 1Q refers to preliminary results.
  3. 3. 2 FY2013 1Q Regional Sales Volume (vs. FY2012 1Q Actual) 10 20 30 9 19 28 23 16 7 9 14 23 46 21 4 21 22 4 21 47 140 16 23 17 62 22 23 58 23 26 21 151 239 44 18 195 82 202 81 47 19 249 - 2 + 10 +11 (- 6%) (+1%)( 0%) (+4%)(+9%) +10 Japan North America Europe Asia & others Total FY13 1Q Actual vs. FY12 1Q Actual (000 units, Retail base) Registered Vehicles Minicars Canada & Mexico U.S. Russia & others Central Europe Western Europe Middle East & Africa ASEAN North Asia Latin America Australia & NZ Built-up Vehicles KD & PPC FY12 1Q Actual FY13 1Q Actual FY12 1Q Actual FY13 1Q Actual FY12 1Q Actual FY13 1Q Actual FY12 1Q Actual FY13 1Q Actual FY12 1Q Actual FY13 1Q Actual Note: Sales volume of FY2013 1Q refers to preliminary results.
  4. 4. 3 149 - 66 160 +104+104 +12+12 11 - 99- 99 +60+60 Analysis of Operating Income (vs. FY2012 1Q Actual) FY12 1Q Actual FY13 1Q Actual Vol/Mix Sales Expenses Forex Combined impact of raw material price / cost reduction Others By region: Japan North America Europe Asia & Others + 4 + 1 - 17 - 87 Forex booking rate, in yen USD EUR AUD THB FY12 FY13 80 98 106 127 82 99 2.56 3.31 (100 million yen)
  5. 5. 4 FY2013 1Q Ordinary and Net Income (vs. FY2012 1Q Actual) FY12 1Q FY13 1Q Change Actual Actual Operating Income 149 160 +11 Non-operating Income - 7 +63 +70 Ordinary Income 142 223 +81 Extraordinary Income & Tax +58 - 59 - 117 Net Income 200 164 - 36 Profit on sales of GAC Changfeng Motors stocks :+114 (100 million yen)
  6. 6. 5 Balance Sheet (vs. end of FY2012) Mar. 31, 2013 Jun. 30, 2013 Change Total Assets 14,528 13,991 - 537 Cash & cash deposits 4,095 3,493 - 602 Accounts receivable 1,496 1,203 - 293 Inventory 2,023 2,315 +292 Total Liabilities 11,016 10,300 - 716 Accounts payable 3,138 2,970 - 168 Interest-bearing debt 3,644 3,143 - 501 Net Assets 3,512 3,691 +179 (100 million yen)
  7. 7. 6 FY2013 1Q Results: Although Net Sales Decreased, Operating Income Increased Operating Results Trending Along the Lines of April 25 Forecast FY2013 First-Half and Full-Year Forecasts: No changes Retail Volume 249,000 units, 4% up YoY Wholesale Volume 250,000 units, 3% down YoY Net Sales 409.4 billion yen, 2% down YoY Operating Income 16.0 billion yen, 7% up YoY Increased income from favorable exchange rates and increased reduction in material costs which offset negative factors such as worsening in sales volume/model mix and increase in selling costs. Ordinary Income 22.3 billion yen, 57% up YoY Net Income 16.4 billion yen, 18% down YoY Full-Year Forecast Retail Volume 1,169,000 units, 18% up YoY Wholesale Volume 1,363,000 units, 22% up YoY Net Sales 2,270.0 billion yen, 25% up YoY Operating Income 100.0 billion yen, 48% up YoY Ordinary Income 90.0 billion yen, 4% down YoY Net Income 50.0 billion yen, 32% up YoY
  8. 8. 7 Additional Information eK Wagon
  9. 9. 8 FY2013 1Q Regional Sales Volume (vs. FY2013 Forecast) 103 109 331 249 212 63 28 85 47 53 23 378 100 148 544 625 1H 2H 47 709 1,169 151 (000 units, Retail base) Japan North America Europe Asia & others Total Apr. 25 FY13 Forecast FY13 1Q Actual FY13 1Q Actual FY13 1Q Actual FY13 1Q Actual FY13 1Q Actual Note: Sales volume of FY2013 1Q refers to preliminary results. Apr. 25 FY13 Forecast Apr. 25 FY13 Forecast Apr. 25 FY13 Forecast Apr. 25 FY13 Forecast
  10. 10. 9 FY2013 1Q Regional Results (vs. FY2012 1Q Actual) FY12 1Q FY13 1Q Apr. 25 Apr. 25 Actual Actual Change FY13 1H Forecast FY13 Full-year Forecast 4,193 4,094 -99 10,000 22,700 745 842 +97 1,900 4,700 430 443 +13 1,000 2,100 981 849 -132 2,200 5,100 2,037 1,960 -77 4,900 10,800 149 160 +11 360 1,000 -28 -58 -30 -140 -150 -74 -23 +51 -30 -40 -41 47 +88 70 200 292 194 -98 460 990 (100 million yen)
  11. 11. 10 Nissan, Mitsubishi Motors and NMKV Commemorated New Jointly-developed Minicar Off-line Ceremony May 20, 2013
  12. 12. 11 Attrage Sales of Attrage Next-generation Global Compact Sedan Started from July in Thailand Achieved top-of-class levels of fuel efficiency at 22km/L, qualifies for Thai government’s Eco Car program
  13. 13. 12 New Outlander Received JNCAP Five Star Award, achieving top safety rating (five stars) Also awarded JNCAP First Prize, given to an automobile that achieves the highest ever score Outside of Japan In Europe, awarded Euro NCAP Advanced for Forward Collision Mitigation (FCM) system used in European version Outlander Recognized as Fiscal Year 2012’s Top Safety Performer Among New Passenger Vehicles in Japan
  14. 14. 13 MiEV Evolution II Finishes 2nd and 3rd in the Electric Division at the 2013 Pikes Peak International Hill Climb MiEV Evolution II
  15. 15. 14 All statements herein, other than historical facts, contain forward- looking statements and are based on MMC’s current forecasts, expectations, targets, plans, and evaluations. Any forecasted value is calculated or obtained based on certain assumptions. Forward-looking statements involve inherent risks and uncertainties. A number of significant factors could therefore cause actual results to differ from those contained in any forward-looking statement. Significant risk factors include: •Feasibility of each target and initiative as laid out in this presentation; •Fluctuations in interest rates, exchange rates and oil prices; •Changes in laws, regulations and government policies; and •Regional and/or global socioeconomic changes. Potential risks and uncertainties are not limited to the above and MMC is not under any obligation to update the information in this presentation to reflect any developments or events in the future. If you are interested in investing in Mitsubishi Motors, you are requested to make a final investment decision at your own risk, taking the foregoing into consideration. Please note that neither Mitsubishi Motors nor any third party providing information shall be responsible for any damage you may suffer due to investment in Mitsubishi Motors based on the information shown in this presentation.

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