Profits (operating profit) Mitsubishi Motors is expected to fall by more than 70 in fiscal year 2016 for the Japanese market. This happened in the middle of the domestic sales of compact cars in free fall, because fuel consumption scandal disaster that happened in the first quarter (April-June 2016).
Monday (07/25/2016) Japanese manufacturer can only hope to get profit in April-June, 2016 amounted to 4 billion yen, or USD 497 billion. Boost sales outside Japan so one way by Mitsubishi, in order to save themselves from the drop in performance at home sendri Mitsubishi (Japan).
Because of the scandal that experienced in Japan, Mitsubishi Motors stopped selling mini car, where it covers about 60 percent of total domestic sales. Although it was not fared well in Japan, but in Thailand and other Asian markets, sales are still good.
With sales in the US and Europe are growing, Mitsubishi Motors ended the period April to June 2016, with only a slight decrease in global sales volume. The consensus forecast in the Nikkei Group QUICK, Mitsubisi will lose 5.1 billion yen, or USD 634 billion during the period from April to June 2016. The official announcement of the financial statements of the new Mitsubishi will be announced on Wednesday (27/07/2016).
QUICK Nikkei Group analyst adds, most suck more money Mitsubishi is compensation given to consumers, is 100,000 yen or USD 12.8 million. Mitsubishi's net profit tercata t72,5 billion yen for the fiscal year 2015, and is expected to further fall this year.
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