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Mitsubishi Motors' Q1 Profit Plummets as Trump Tariffs Bite

Summary by Nikkei
TOKYO -- Mitsubishi Motors on Thursday announced an 84% year-on-year decline in its first-quarter operating profit, a sign of the "unprecedentedly cha

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Japanese manufacturer Mitsubishi Motors has concluded the 15% tariff agreement that the United States will apply to Japanese exports, after a first quarter of its fiscal year 2025 (April-June) very discouraging in which its net profit plummeted by 97%, up to 738 million yen (4.28 million euros at the current exchange rate), according to data published by the Japanese brand on Thursday.

Mitsubishi Motors announced on the 24th that its consolidated financial results for the April-June 2025 period showed net profit of 700 million yen, down 97.5% from the same period last year.

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熊本日日新聞社 broke the news in on Thursday, July 24, 2025.
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