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Mitsubishi Motors Cuts Full-Year Earnings Forecasts

Mitsubishi Motors Cuts Full-Year Earnings Forecasts

   Tokyo, Aug. 28 (Jiji Press)--Mitsubishi Motors Corp. said Wednesday that it has reduced its sales and profit forecasts for the fiscal year ending March 2026 because of the impact of steep U.S. tariffs and stiff competition.
   The Japanese automaker lowered its consolidated net profit estimate from 40 billion yen to 10 billion yen, which is about 80 pct lower than the previous year.

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AFP-JIJI PRESS NEWS JOURNAL


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