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This section contains a message from the President to our shareholders and investors.
To Our Shareholders and Investors
Osamu Masuko, President
I would like to thank all of our shareholders and investors for your invaluable support.
In the first half of fiscal year 2011 (April 1st 2011 to September 30th 2011), although our domestic production was affected by the Great East Japan Earthquake in April and May, great efforts by our suppliers and all others involved led to early resumption of our production. Year-on-year volume increased, driven by strong sales in overseas markets. Revenue, as well as other financial results including profit increased over the same period last year.
As we continue to face a difficult business environment due to the historically strong yen, the recent flooding in Thailand, delayed economic recovery in the United States, and concerns of financial instability in Eurozone countries, Mitsubishi Motors Corporation as a whole will put all of its efforts to achieve its full-year profit targets for fiscal year 2011.
Moving forward, I would like to ask for your kind and ongoing support.
December, 2011
President
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