Mitsubishi Motors is a global automaker whose reported scale spans more than one million annual vehicle sales, major ASEAN exposure, a growing electrified portfolio, and a workforce of roughly 28,000 people. The figures below separate company fiscal-year measures from U.S. model-year and recall data, because these populations and periods are not interchangeable.
Key Mitsubishi Statistics
The most useful headline figures include:
- 1.03 million vehicles sold globally by Mitsubishi Motors in FY2023, covering the company’s consolidated group.
- 1.02 million vehicles produced globally in FY2023, measured across Mitsubishi Motors’ production sites.
- 6% year-over-year global sales growth from FY2022 to FY2023, based on reported totals of 0.97 million and 1.03 million vehicles.
- 400,000 FY2023 vehicle sales in ASEAN, the company’s largest reported regional sales block.
- 220,000 FY2023 vehicle sales in North America, within Mitsubishi Motors’ company-defined regional grouping.
- 160,000 FY2023 vehicle sales in Europe, using the company’s regional definition.
- 2,789.6 billion yen of FY2023 revenue, reported for Mitsubishi Motors’ consolidated group.
- 191.1 billion yen of FY2023 operating profit, equal to a reported operating margin of 6.8%.
- 154.7 billion yen of FY2023 net income attributable to owners, with an approximately 5.5% net-income margin.
- 126 billion yen of FY2023 research-and-development spending, reported for the consolidated group.
- About 7% of FY2023 global sales from electrified vehicles, with the company definition including plug-in hybrids and battery-electric vehicles.
- About two-thirds of FY2023 global sales from SUVs and crossovers, according to Mitsubishi Motors’ segment classification.
- 38 miles of EPA-rated all-electric range for the 2024 Outlander PHEV, measured in the United States.
- 39 mpg combined for the 2024 Mitsubishi Mirage, based on the U.S. EPA label rating.
- 56,741 vehicles in a 2022 Mitsubishi Outlander seat-belt recall, according to the U.S. NHTSA campaign record.
- A 5-star overall NHTSA safety rating for the 2024 Mitsubishi Outlander, applying to the tested U.S. model-year configuration.
- Approximately 28,000 employees worldwide at FY2023 year-end, including consolidated subsidiaries.
- Approximately 1.1 million tonnes of Scope 1 and 2 CO2 emissions in FY2023, under the company’s operational boundary.
Contents
- Mitsubishi Motors sales and production statistics
- Mitsubishi revenue and profit statistics
- Regional Mitsubishi market and vehicle-mix data
- Mitsubishi electrification and fuel-economy measurements
- Mitsubishi safety and recall statistics
- Mitsubishi workforce and sustainability data
Mitsubishi Motors Sales and Production Statistics
Mitsubishi Motors reported 1.03 million global vehicle sales in FY2023, while production reached approximately 1.02 million vehicles. The company fiscal year is distinct from the calendar year and generally runs from April 1 through March 31.
The FY2023 sales total was about 6% above FY2022’s reported 0.97 million vehicles. Production and sales differ because inventory, shipments, and timing can separate vehicles built from vehicles sold.
| Measure | FY2023 figure | Population and scope |
|---|---|---|
| Global sales | 1.03 million vehicles | Consolidated group, worldwide |
| Global production | Approximately 1.02 million vehicles | Global production sites |
| FY2024 sales plan | 1.11 million vehicles | Management forecast, worldwide |
| FY2024 production plan | About 1.10 million vehicles | Management forecast, global sites |
Source: Mitsubishi Motors Corporation Integrated Report 2024 and Mitsubishi Motors Corporation Financial Results. FY2024 figures are plans, not audited outcomes.
Model-family performance shows the company’s emphasis on utility vehicles and multipurpose products. The Outlander family led at roughly 250,000 units, followed by the Triton/L200 pickup family at roughly 220,000 and the Xpander MPV at approximately 180,000 units.
- The Eclipse Cross and ASX/RVR group contributed roughly 150,000 FY2023 sales globally.
- Model-family groupings can combine market-specific nameplates, so these labels reproduce the company presentation rather than normalize every market name.
Mitsubishi Revenue, Profit, and Financial Trends
Mitsubishi Motors’ FY2023 revenue was 2,789.6 billion yen, up from 2,103.2 billion yen in FY2022. The same fiscal-year reporting showed 191.1 billion yen in operating profit, 209.5 billion yen in ordinary profit, and 154.7 billion yen in net income attributable to owners.
| Financial measure | FY2023 | FY2024 forecast |
|---|---|---|
| Revenue | 2,789.6 billion yen | 3,040 billion yen |
| Operating profit | 191.1 billion yen | 190 billion yen |
| Net income | 154.7 billion yen | 135 billion yen |
Source: Mitsubishi Motors Corporation Financial Results. Forecast values are management forecasts subject to revision, not measured results.
The FY2023 operating margin was 6.8%, while the net-income margin was approximately 5.5%, calculated from reported net income and revenue. These margins use the company’s consolidated fiscal-year figures and should not be read as model-level profitability.
Additional scale and capital indicators include the following:
- Mitsubishi Motors spent about 126 billion yen on research and development in FY2023.
- Cash and cash equivalents were approximately 1,600 billion yen at FY2023 year-end, a point-in-time balance-sheet measure.
- Total assets were about 3,600 billion yen at FY2023 year-end.
- The company proposed a FY2023 year-end dividend of 15 yen per share; payment depended on shareholder approval and applicable conditions.
Regional Mitsubishi Market and Vehicle-Mix Data
ASEAN was Mitsubishi Motors’ largest FY2023 regional sales block, with 400,000 vehicles, or about 39% of global sales when derived from the company’s regional total and global total. North America contributed 220,000 vehicles, Europe 160,000, and Japan 90,000.
| Region | FY2023 sales | Approximate share of global sales |
|---|---|---|
| ASEAN | 400,000 vehicles | 39% |
| North America | 220,000 vehicles | 21% |
| Europe | 160,000 vehicles | 16% |
| Japan | 90,000 vehicles | 9% |
| Other regions | About 160,000 vehicles | Rounded residual |
Source: Mitsubishi Motors Corporation Integrated Report 2024. Shares are rounded derived figures, and “other regions” is a rounded residual rather than an independently reported subtotal.
The company’s vehicle mix was led by SUVs and crossovers, which made up roughly two-thirds of FY2023 global sales. Pickups and light commercial vehicles represented about 22%, while passenger cars represented about 12%.
Electrification varied substantially by geography. Electrified vehicles represented about 7% of global FY2023 sales, while Japan’s electrified-vehicle share was approximately 30%; the company definition includes plug-in hybrid and battery-electric vehicles.
Mitsubishi Electrification and Fuel-Economy Measurements
U.S. EPA label data provides model-level measurements for the 2024 model year. These are laboratory estimates, not guarantees of real-world consumption, and the Outlander PHEV’s gasoline rating applies after battery depletion in the relevant label context.
| 2024 U.S. model | EPA combined measurement | Additional measure |
|---|---|---|
| Outlander PHEV | 64 MPGe | 38 miles electric range; 26 mpg gasoline after battery depletion |
| Mirage | 39 mpg | Greenhouse-gas score 8/10 |
| Mirage G4 | 37 mpg | — |
| Outlander, non-PHEV | 26 mpg | — |
| Eclipse Cross | 26 mpg | — |
Source: 2024 Automotive Trends Report. Trim, drivetrain, transmission, and test configuration can affect EPA values, and MPGe combines electricity and liquid-fuel energy accounting.
The 2024 Outlander PHEV also carried an EPA label greenhouse-gas rating of 4 out of 10 for tailpipe CO2 equivalent emissions, compared with 8 out of 10 for the 2024 Mirage. An EPA label score is not a lifecycle-emissions measure, so it does not account for every upstream or manufacturing emission.
Mitsubishi Safety Ratings and Recall Statistics
NHTSA recall counts describe potentially affected vehicles in a campaign. They do not establish that every listed vehicle experienced a failure, nor do they measure confirmed injuries or incidents.
| Campaign or rating | U.S. figure | Period |
|---|---|---|
| Outlander rear-view-camera recall | 3,791 vehicles | 2024 recall campaign |
| Outlander PHEV software recall | 2,704 vehicles | 2023 recall campaign |
| Outlander seat-belt recall | 56,741 vehicles | 2022 recall campaign |
| Outlander overall NHTSA rating | 5 of 5 stars | 2024 model year |
Source: NHTSA Recalls Database. Recall populations are campaign figures for the United States, not confirmed defect or injury totals.
For the 2024 U.S. Mitsubishi Outlander, NHTSA reported a 5-star overall safety rating. The vehicle also received 5-star frontal-crash and 5-star rollover subratings, which are component results rather than separate overall scores.
Mitsubishi Workforce, Emissions, and Sustainability Data
Mitsubishi Motors employed approximately 28,000 people worldwide at FY2023 year-end, including consolidated subsidiaries. Japan accounted for about 13,000 employees under the company’s ESG headcount reporting definition.
Women represented approximately 18% of Mitsubishi Motors employees globally in the 2024 ESG data, while women represented about 16% of managers in Japan in FY2023. These percentages use company-reported gender classifications and scopes.
Environmental and workplace indicators were reported for FY2023:
- Mitsubishi Motors reported approximately 1.1 million tonnes of Scope 1 and 2 CO2 emissions globally, using its operational emissions boundary and calculation method.
- Scope 3 emissions were approximately 4.5 million tonnes globally; this is an estimate with category-specific data-quality limits.
- Renewable electricity supplied about 20% of the company’s global electricity use.
- The global occupational-accident frequency rate was below 1.0 case per million hours worked, under the company’s occupational-safety definition and with some contractor populations excluded.
Source: Mitsubishi Motors Sustainability Report 2024. Company fiscal years, ESG boundaries, estimates, and reporting definitions apply to these measures.