Mitsubishi Motors Corporation to Increase Net Income 28%.
Earnings Forecast Announcement
June 13, 2011, Tokyo, Japan - President Osamu Mashiko of Japan's Mitsubishi Motors Corp. announces the automaker's Mashiko forecast its full-year profit may rise 28 percent on higher overseas sales.
Mashiko forecast its full-year profit may rise 28 percent on higher overseas sales. The maker of the i-MiEV electric car postponed its profit forecast from April 27 as it assessed the impact of the March 11 earthquake and tsunami that devastated Japan's northeastern region. down production amid a shortage of parts, but the automaker said it hopes to increase sales in the current year in North America, Asia and Europe. AFLO) [3609] -mis-