BRIEF-Mitsubishi Motors: To Enter New Segments In USA Through Collaboration Projects With Nissan

May 29 (Reuters) - Nissan Motor Co., Ltd 7201.T:

  • MITSUBISHI MOTORS: TO ENTER NEW SEGMENTS THROUGH COLLABORATION PROJECTS WITH NISSAN IN USA

  • MITSUBISHI MOTORS: TARGETS OPERATING PROFIT OF 160 BILLION YEN, OPERATING MARGIN OF 4.5%, AND ROE OF 10% IN FISCAL YEAR 2029

  • MITSUBISHI MOTORS: FROM FISCAL YEAR 2030 ONWARD, AIMS TO ACHIEVE OPERATING PROFIT OF 200–250 BILLION YEN, OPERATING MARGIN OF 5.5% OR HIGHER, AND ROE OF 12% OR HIGHER

  • MITSUBISHI MOTORS: PLANS TO INVEST APPROXIMATELY 1 TRILLION YEN IN GROWTH INITIATIVES OVER THE FOUR-YEAR PERIOD THROUGH FISCAL YEAR 2029, WHILE IMPLEMENTING SHAREHOLDER RETURNS TOTALING AROUND 100 BILLION YEN

Source text: https://www.release.tdnet.info/inbs/ek/140120260529554634.pdf

Further company coverage: 7201.T


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