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Mitsubishi Motors Corporation

Japan ยท Tokyo:ย 7211.T ยท Market cap: $3.03B ยท P/E: 27.2 ยท P/S: 0.2

Mitsubishi Motors designs, builds, and sells cars and car parts to customers around the world.

Mitsubishi Motors is a carmaker. It builds vehicles people actually buy and drive โ€” small cars, SUVs, and pickup trucks โ€” and sells them through dealers in Japan, Asia, Europe, North America, and beyond. It also sells parts and provides financing support, but the heart of the business is simple: make cars people want, sell them at a profit, and keep them coming back for service.

Mitsubishi Motors Corporation (7211.T) Automobiles: line art illustration of A boxy compact SUV similar to an Outlander with three diamond Mitsubishi badge
Cars
Cars make up nearly all of Mitsubishi Motors' revenue.

The company is part of the giant Mitsubishi keiretsu, a web of Japanese businesses that share a name and history but operate separately. Mitsubishi Motors is the smallest of Japan's big automakers, which shapes everything about how it competes. It can't outspend Toyota or Honda on new technology, so it picks its spots carefully. Its strength is in affordable, practical vehicles โ€” especially SUVs and plug-in hybrids โ€” and in markets where rugged, value-priced cars sell well, like Southeast Asia and Australia. The Outlander SUV and its plug-in hybrid version are the clearest examples of where the company places its bets. The last few years have been messy. Mitsubishi Motors was caught in a fuel-economy cheating scandal in 2016 that nearly sank it, and it survived by joining the alliance led by Nissan and Renault. That alliance gives it shared platforms, shared factories, and shared costs โ€” real help for a small player. But the alliance itself has been rocky, and the company's global sales are modest compared with the giants. It sells somewhere around a million vehicles a year, a fraction of what Toyota does.


What makes Mitsubishi Motors interesting is its position as a scrappy survivor. It doesn't try to be everything to everyone. It leans on plug-in hybrid technology it helped pioneer, on trucks and SUVs for emerging markets, and on the alliance to keep costs down. The risk is that being small in a capital-hungry industry is dangerous โ€” electric cars and software are expensive, and the company has less room to absorb mistakes than its bigger rivals. It's a carmaker that has to be smart about every bet because it can't afford many wrong ones.

Saved answer ยท last researched 15 Nov 2026