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MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  Mitsubishi Motors Corporation    7211   JP3899800001

MITSUBISHI MOTORS CORPORATION

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Ex-Nissan boss Ghosn says helping everyone who stood by him

07/11/2020 | 06:44pm EST
FILE PHOTO: Former Nissan chairman Carlos Ghosn talks during an exclusive interview with Reuters in Beirut

Former Nissan Motor chairman Carlos Ghosn is helping everyone who stood by him, he said in an interview broadcast on Saturday, though he declined to comment on cases of people accused of helping him flee to Lebanon from Japan.

Ghosn, the ex-chairman of an automaking alliance of Renault, Nissan Motor Co and Mitsubishi Motors Corp was arrested in Japan in late 2018 on charges of underreporting his salary and using company funds for personal purpose - charges he denies.

In late December, he made a dramatic escape from house arrest in Japan, where he was awaiting trial, and fled to Beirut, his childhood home.

Japan has asked the United States to extradite U.S. Army Special Forces veteran Michael Taylor and his son Peter Taylor, who are accused of helping Ghosn flee and were arrested in May.

Asked in an interview with Al Arabiya TV if he was trying to help the Taylors and others involved in his escape, Ghosn said: "You are talking about specific people, and I will not comment on those people who you are singling out.

"What I'm saying is that I am helping everyone who helped me; I'm helping them with my means, with my thinking, and in any way I can," he said. "I am not talking about those people you mentioned specifically," he said, adding that he was talking about people who helped him "in general".

Ghosn has refused to discuss details of his escape from Japan, saying it would put in danger those who helped him.

A U.S. judge said on Friday that Michael and Peter Taylor posed too great of a flight risk to be released on bail given the "spectacular" allegations against them.

Ghosn told Al Arabiya he made "the entire plan" for his escape but he had needed information and assistance from people whom he was not ready to endanger by talking about the matter.

Earlier this month, an executive from a Turkish private jet operator, four pilots and two flight attendants appeared in court on charges of helping to smuggle Ghosn via Istanbul.

Ghosn also said Japan had yet to send his case file to Lebanon as requested by the Lebanese government. "It has been six months and they haven't sent the file. Why haven't they sent the file?"

(Writing by Tom Perry; Editing by Daniel Wallis)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
MITSUBISHI MOTORS CORPORATION -0.87% 228 End-of-day quote.5.07%
NISSAN MOTOR CO., LTD. -1.13% 532.7 End-of-day quote.-4.87%
RENAULT -3.84% 34.07 Real-time Quote.-4.73%
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Financials
Sales 2021 1 490 B 14 345 M 14 345 M
Net income 2021 -298 185 M -2 870 M -2 870 M
Net Debt 2021 60 030 M 578 M 578 M
P/E ratio 2021 -1,12x
Yield 2021 -
Capitalization 339 B 3 269 M 3 266 M
EV / Sales 2021 0,27x
EV / Sales 2022 0,24x
Nbr of Employees 32 171
Free-Float 44,3%
Chart MITSUBISHI MOTORS CORPORATION
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Mitsubishi Motors Corporation Technical Analysis Chart | 7211 | JP3899800001 | MarketScreener
Technical analysis trends MITSUBISHI MOTORS CORPORATION
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TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
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Mean consensus HOLD
Number of Analysts 14
Average target price 210,36 JPY
Last Close Price 228,00 JPY
Spread / Highest target 40,4%
Spread / Average Target -7,74%
Spread / Lowest Target -43,0%
EPS Revisions
Managers and Directors
NameTitle
Takao Kato Chief Executive Officer & Director
Osamu Masuko Chairman & Representative Executive Officer
Koji Ikeya CFO, Executive VP, Head-Finance & Accounting
Masao Kuruma Chief Information Officer & Executive Officer
Shunichi Miyanaga Outside Director
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