Mitsubishi Motors Corporation announced earnings results for the first quarter of 2021. Net sales for the first quarter increased 88% year-over-year to JPY 431.9 billion. Operating profit improved significantly year-over-year to JPY 10.6 billion due to an increase in unit sales resulting from the effect of the new vehicles, an improvement in the country product mix, the effects of curbing sales expenses and the effects of cost reductions implemented since the previous fiscal year.