How to buy Mitsubishi shares (2023)? – invest in Mitsubishi
Mitsubishi is a company with a rich history. During World War II, the company produced very fast planes that were used for kamikaze attacks by the Japanese. Nowadays, the company mainly focuses on producing new cars. Do you want to invest in Mitsubishi stocks? Read on to learn how to buy Mitsubishi shares and examine the latest stock price!
Do you want to invest in Mitsubishi stocks? You can do this by buying the shares from a reliable broker! Below, you can see which brokers you can use to invest in Mitsubishi shares:
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What is the current stock price of Mitsubishi?
For investors, the stock price of a company is of course very important! Below you can see the current stock price of the company Mitsubishi. You can also open an investment directly by using the buttons next to the graph.
Company information of Mitsubishi
Below, you can see the most essential company information of Mitsubishi.
Stock prices of Mitsubishi of the last 5 days
In the table below, you can see the stock prices of Mitsubishi of the last 5 days:
- Diversification: Mitsubishi is active in different industries. For example, Mitsubishi produces cars and electronics, but is also active in the financial sector. This reduces the risk of investing in Mitsubishi shares.
- Strong brand: Mitsubishi is a strong car brand known for its reliable, high-quality vehicles. As a result, Mitsubishi has one of the most loyal customer bases.
- Innovation: Mitsubishi is known for its R&D. For example, the company is involved in the production of electric vehicles, robotics, and new sustainable technologies.
- Global presence: Mitsubishi is active in more than 30 countries, which means that poor results in one region can be offset by good results in another region.
The risks of investing in Mitsubishi stocks
- Dependence on the Japanese market: Mitsubishi is heavily dependent on the Japanese market for its revenue.
- Dependence on the car market: Despite selling various products, Mitsubishi is still heavily dependent on car sales.
- Reputation risk: In 2016, Mitsubishi came under fire for the emissions’ scandal. Such events can damage the brand’s reputation, which can cause the stock price to drop.
- Competition: Mitsubishi must constantly compete for market share with other car manufacturers.
Who are the competitors of Mitsubishi?
- Step 1: First, open an account with a reliable stockbroker
- Step 2: Go through the steps to activate your investment account
- Step 3: Navigate within the platform to the company Mitsubishi
- Step 4: Enter the amount you want to invest in Mitsubishi shares
- Step 5: Click on buy to buy Mitsubishi shares directly
- Step 6: Don’t forget to evaluate your investment regularly in Mitsubishi.
The history of the Japanese car brand Mitsubishi begins in 1917. In 1917, the model A was introduced, which was the first Japanese passenger car. Only 22 units of this handmade car were produced until 1921.
In the following decades, the company developed various innovative products. For example, the company developed the first Japanese diesel engine and the first prototype with four-wheel drive. Mitsubishi wanted to promote exports, for which the company looked for cooperation partners.
In 1967, the company Chrysler bought 15% of the Mitsubishi company. Under the Chrysler brand name, the company sold Mitsubishi cars in the United States. In Europe, Mitsubishi built a distribution network under the name Colt.
Mitsubishi during World War II
As World War II approached, Mitsubishi also began producing trucks, buses, and airplanes. Mitsubishi created the agile and fast Zero fighter aircraft, which was used in kamikaze missions towards the end of the war.
The 1970s were a successful period for Mitsubishi: in 1973, Mitsubishi produced 500,000 cars, and by 1979, that number had increased to 1,000,000.
Pioneer in four-wheel drive cars
In 1933, the four-wheel drive RX-33 was introduced to the market. It was the first Japanese car with four-wheel drive. In 1982, Mitsubishi resumed production of four-wheel drive cars, and the 4×4 Pajero became a formidable competitor to the Range Rover.
If you think that Mitsubishi will continue to achieve strong results in the future, investing in Mitsubishi stocks might be worth considering. It is wise to keep an eye on how Mitsubishi performs relative to its competitors. If Mitsubishi’s new car models are well-received, this could have a positive impact on the stock price.
Collaborations in various countries
From the 1970s onward, Mitsubishi entered into various collaborations with different countries. For example, Mitsubishi and Volvo decided to jointly develop a midsized car: the Mitsubishi Lancer and the Volvo S40/V40. Collaborations were also established with Hyundai in South Korea and Proton in Malaysia. The Mitsubishi Lancer was also produced under licence in China.
Scandal and aftermath
Like many other car manufacturers, Mitsubishi falsified fuel consumption data. Investors feared mass claims and sold their shares. This had a significant impact on both the profitability and stock price of the company.
Nissan came to the rescue by purchasing 22.4% of Mitsubishi’s shares. Nissan is currently the largest shareholder of Mitsubishi and therefore wields considerable power within the company.
Should you buy Mitsubishi stocks?
Whether it is wise to buy Mitsubishi stocks depends on your personal situation. Mitsubishi is a strong car brand with a good reputation. The company is primarily active in Japan, so investing in Mitsubishi stocks allows you to invest in this market.
However, it is important to compare Mitsubishi with its competitors before purchasing its stocks. This allows you to determine if Mitsubishi can keep up with the competition and if investing in the company is attractive.
When I was 16, I secretly bought my first stock. Since that ‘proud moment’ I have been managing trading.info for over 10 years. It is my goal to educate people about financial freedom. After my studies business administration and psychology, I decided to put all my time in developing this website. Since I love to travel, I work from all over the world. Click here to read more about trading.info! Don’t hesitate to leave a comment under this article.