Streetbeat News

MMTOF

Mitsubishi Motors Corporation

https://www.mitsubishi-motors.com/

CEO

Takao Kato

Industry

Automobile Manufacturing

Open

3.00

Mkt cap

3.6B

Volume

High

3.00

P/E Ratio

4.55

52-wk high

3.38

Low

2.50

Div yield

0.03

52-wk low

2.36

Mitsubishi UFJ Financial Group (MUFG) plans to acquire WealthNavi to enhance its FinTech capabilities.

Portfolio Pulse from

December 02, 2024 | 5:30 pm

Mitsubishi Electric's ME Innovation Fund has invested in Zenno Astronautics Ltd., a New Zealand startup focused on superconducting technology for space applications. This marks the fund's ninth investment, highlighting the growing importance of satellite attitude control technology.

Portfolio Pulse from

November 29, 2024 | 2:30 am

Mitsubishi Electric Corporation is investing 10 billion yen to build a new facility for power semiconductor modules in Fukuoka, Japan, set to begin operations in October 2026.

Portfolio Pulse from

November 20, 2024 | 12:30 am

The India 2-Ethyl Hexanol (2-EH) market is experiencing significant growth, with a projected CAGR of 3.94% from 2024 to 2030. The market is driven by demand in construction, automotive, and packaging industries, and is adapting to environmental regulations by exploring bio-based production. Key players include India Glycols, OXEA, and KH Neochem.

Portfolio Pulse from

November 14, 2024 | 11:00 am

Mitsubishi Heavy Industries has demonstrated significant growth, with a 150% year-to-date performance and a 78.05% compound growth from March 2022 to November 2024. The company has achieved record-breaking orders and profits, particularly in its Energy Systems unit and renewable energy projects. However, there are valuation concerns due to a high P/E ratio of 31.11, indicating high market expectations amidst cyclical industry risks.

Portfolio Pulse from

November 11, 2024 | 8:30 pm

Mitsubishi Heavy Industries is focusing on providing technical solutions to aid Indonesia's energy transition, as the country heavily relies on coal.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

Volkswagen has exited discussions with Renault on a joint affordable EV project. Renault will continue developing the electric Twingo independently, while Volkswagen plans its own low-cost EV strategy. This development highlights the competitive pressure from Chinese automakers in the European market.

Portfolio Pulse from Shivani Kumaresan

May 17, 2024 | 3:52 pm

Nissan Motor Co Ltd (OTC:NSANY) is considering moving the production of its ultra-compact electric vehicles, currently manufactured by Mitsubishi Motors Corp (OTC:MMTOF), in-house to its Kyushu factory starting April 2028. This strategic shift aims to improve production efficiency, reduce costs, and enhance profit margins in the kei electric vehicle segment, where Nissan lags behind Toyota Motor Corp (NYSE:TM) and Honda Motor Company, Ltd. (NYSE:HMC). The Nissan Sakura, a kei car, was the best-selling passenger EV in Japan in 2023 with a 42% market share.

Portfolio Pulse from Shivani Kumaresan

March 08, 2024 | 4:56 pm

Tesla Inc (NASDAQ:TSLA) saw the largest increase in new vehicle registrations in the EU in October, with a 148% jump from the previous year. Other automakers also experienced growth, but Ford Motor Co (NYSE:F) and Mitsubishi Motors Corp (OTCPK: MMTOF) saw declines. Volkswagen AG (OTCPK: VWAGY) remains the top brand, followed by Stellantis NV (NYSE:STLA). The EU car market is growing, with a rise in EV registrations, although gas remains the most popular fuel.

Portfolio Pulse from Anan Ashraf

November 21, 2023 | 8:48 am

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