Mitsubishi motorxxs announces productionxx, sales and Eporxt stellt for November x2007x

tokyo, Japanxx, December 26, x2007x (JCN newswire over COMTEX) — Mitsubishi motorxxs Corporation today announced global productionxx, as well, as domexSt.xc sales and eporxt for November x2007x. darstellt productionxx: total and Japanxx in total global productionxx came inside with 126.851 units, an increase of 6,8 percentxx over November 2006 and Marking the 9th consecutive monthly increase since March this year. productionxx volumes Japanxx increased 6,2 percentxx to 76,126 in units, the the 14th consecutive month of year on year growth and, a new record for November since Mitsubishi motorxxs gesponnenes off its truck and busxx operationxxs in 2003. this growth Marking ixSt.x war driven by 36,7 percentxx increase output (26,552 units) of the in the new Lancer for the Russianxx, norxxth American, and middle east and African markets and by 60,4 percentxx increase output (15,252 units) of the in new more outlander for the European and Chinese markets. sales into Japanxx the carrier sales in Japanxx in November totaled 18,938 units, percentxx acceptance year on year. more passenger car (regixSt.ationxs and mini car) sales of 13,264 units and commercial carrier sales of 5,674 units were 15,7 percentxx down and 2,1 percentxx up respectively on the same month laxSt.yearx. total regixSt.xred carriers sales were 17,5 percentxx up year on year driven mainly 11,0 through the recently an imported Galant fortis. total mini car sales were 22,1 percentxx down. productionxx overseas overseas productionxx volumes totaled 50,725 units, 7,8 percentxx up over November laxSt.yearx and Marked the an xDr.xtter Stelle consecutive monthly increase since Septembers this year. In Asia war productionxx with 33.653 units 21,7 percentxx up on November 2006, driven mainly through higher am China motorxx CO, Ltd. in the Taiwan output and south east (am fujian) motorxx CO, Ltd. in China. In the Europe productionxx came inside with 6.618 units or 7,1 percentxx down on stEllen laxSt.yearx’s. In norxxth America war productionxx with 5.123 units 39,8 percentxx down on laxSt.yearx. Eporxt Versandxx Japanxx von total eporxts from Japanxx of 46,292 units were 7,0 percentxx up on November 2006, Marking the 13th consecutive month of year on year increases and setting a new record for November since Mitsubishi motorxxs spanxxn off its truck and busxx operationxxs 2003. Eporxts to Asia of 4,497 units Marked subxSt.xntial 124,1 percentxx increase over the same period laxSt.yearx thanks to firm sales of the a new more outlander to China and to the introduction of the new Lancer in singapore. Eporxts to norxxth America of 3,983 units were 33,2 percentxx down on November 2006, die this acceptance, die reflection of laxSt.yearx’s sales ixSt.x schwanken seen with the introduction of the new more outlander and result of shortage of shipping space this year. For details, please visit http://media.Mitsubishi-motorxxs.com/pressrelease/e/corporate/detail1716.html aboutxx Mitsubishi motorxxs Mitsubishi motorxxs Corporation (TSE: 7211) war exSt.blishexd and 1970 ixSt.xone of the wenige auTomobile companxxies into the world thatxx produces the full line of die autoxxmotive products, die of the Minicars 660-cc and more passenger cars to ranging, the commercial carriers are more consumer financing services and this to its more cusTomer base liefert and heavyaufgabe trucks and buses. the company alsoxx operates. For more information, please visit www.Mitsubishi motorxxs.com. Contact: Mitsubishi motorxxs public Relations Department http://www.Mitsubishi motorxxs.com +81 3 6719 2111 Copyright � � Japanxx Corporate news Network

source
bookmark this post:

Mitsubishi UFJ H1 of Japan clear profit falls 49 pct - UPDATES

TOKYO, November 21, 2007 (Thomson financial supplied of Newstex) — Mitsubishi UFJ financial group (nyse:MTU) of Inc., largest bankers’ syndicate of Japan, said that Wednesday its Ersthaelfte clear profit 49 per cent fell and writedowns for its combat credit note reflected card business and losses, which were referred to its subprime credit risk. The company said clear profit for the fiscal first half until Septembers, to that to 256,72 billion Yen of 507,27 billion Yen one year was before dropped the financial Mitsubishi UFJ announced a loss of 4 billion Yen on its investments subprime in the mortgage backed securities supported by hypotheken and other one securitized values. The loss is smaller, than the 5 estimates billion Yen the formed bank late last month. At the at the end of September, had the group unrealized computational losses of 20 billion Yen on its subprime by hypotheken supported mortgage backed securities and others securitized values worth 260 billion Yen. however had Mitsubishi the UFJ, which is financial, unrealized netspeculative expectation of profit of 3,0 quintillion Yen, including which showed computational losses on the subprime connected values and that its entire briefcase remains healthy. TochterMitsubishi UFJ shares do not have suspension too subprime mortgage-connected investment service, the said group. In contrast to this Mizuho collateral is expected, a unit of the rivaling Mizuho financial group of Inc. (nyse:MFG), to take around itself on more than 130 billion Yen in the losses from values standing subprime in connection to ‘ our US unit, connection bank of California (nyse:UB), also offers not subprime Kreditvereinbarungen, ‘ Mitsubishi UFJ financial older acting managing director, whom Hiroshi Saito a press conference explained. Vorbesteuerungprofit, before extraordinary individual parts 25 per cent to 497,54 billion Yen fell, even as income 14,4 per cent to 3,25 quintillion Yen rose. While the subprime mortgage loan in connection standing losses were relatively small, the financial Mitsubishi UFJ took a larger impact of the profit troubles at its to credit note card unit Mitsubishi UFJ NIC OS ‘ the Ersthaelfte result walked from our output projection because of the special loss approx.. 60 billion Yen under, which were referred to reversal efforts at Mitsubishi the UFJ Nicos, ‘ Mitsubishi UFJ, that financial president Nobuo Kuroyanagi the press conference explained ‘ we can on to additional 20 billion Yen in the restructuring loadings for Mitsubishi UFJ Nicos also us take as the half second, ‘ said he. The bankers’ syndicate made recently the credit note card for unit a complete-possessed unit, in order to help the fighting card company to turn its business around. Japanese non bank credit-giving places a fast degradation into the business conditions confronted since the passage the last year of a new law, lowered to interest rate caps and released an avalanche of the requestrequest requests of the customers. The credit note card company is expected to communicate a net loss of 119,4 to billion Yen for the year until March 2008. The group does not have immediate plans to seize to the measures on ACOM, another non bank credit-sufficient place, said Kuroyanagi. Consequently total credit note at the financial Mitsubishi UFJ costs, or the costs, those were referred to writedowns or the removal of the risk credits, amounted to 267,5 billion Yen to the half first, compared with a Nettowriteback of 82,6 billion Yen the year in former times. More rigid competition Mitsubishi UFJ financial saw a degradation in the trading profit of its core banking transactions because of the acceptance in the results in loans to the korporativen clients and cases in incomes of the strange currency-designated trade in DarlehensForderungen, because it misjudged the tendency of the interest rates. Trading profit of the banking transactions — or profit of the usual banking transactions, including deposits, loans and foreign exchange rate and collateral of enterprises, after unique factors were eliminated — is generally used in Japan as announcement of the profit in the banking, in which other industries operating incomes begin. Only half trading profit of the banking transactions amounted to 740,95 billion Yen, down of 787,06 billion Yen. ‘ rigid-when-expected that competition behind the smaller results on loans is, ‘ said Kuroyanagi. The group formed net proceeds compared of 54,4 for billion Yen on its cheapness briefcase, with net proceeds of 13,8 billion Yen the year in former times. On net loss of 10,9 billion Yen on its loan depot took itself one, although this small than its loss of 14,5 billion Yen was one year before. The group pointed to progress in its balance restructuring. Bank Mitsubishi UFJ and Mitsubishi UFJ of the confidence, the core banking operations units Mitsubishi of the UFJ financially, held 1,18 quintillion Yen in non-accomplishing loans at the at the end of of Septembers or 1,29 per cent of their total progress, compared quintillion Yen or 1,43 per cent with 1,27 the year in former times. Main suitability the relationship was 12,65 per cent at the at the end of of Septembers, up from 11.95 per cent. For the year until March 2008, the group is responsible at its prognosis of the clear profit of 600 billion Yen, the Vorbesteuerungprofites of 1,15 quintillion Yen and the income of 6,50 quintillion Yen. before the financial Mitsubishi UFJ its results announced, closed its stock down 15,000 Yen or 1,6 per cent with 920.000 Yen. (1 US dollar = 109,08 Yen) yumiko.nishitani@thomson.com yasuhiko.seki@thomson.com stock exchange messages limited copyright Thomson 2007. All rights reserve. The copy, which new edition or the redistribution of Thomson of the stock exchange meaning, including by shapes or the similar means, expressly without prior the written agreement of Thomson stock exchange message forbidden. Newstex identification: AFX-0013-21140111

.

source
bookmark this post: