On 2nd December 1994, the Japanese Car of the Year Executive Committee announced the selection of Mitsubishi Motors Corporation’s sports car ‘FTO’ as the ‘1994-1995 Japanese Car of the Year.’ The reasons cited for this selection were that apart from its superior performance as a sports car, the FTO had a good chassis function and used an advanced INVECS-2 Sports model automatic transmission. In recent years award winners have all been sedans. The FTO is the first sports car to win this award since Toyota’s MR2 in 1984.
To celebrate this award, Mitsubishi produced a Limited Edition version.
This is easily indentified as it is painted Dandelion Yellow and sports the emblems shown above, it also has a rear wash wiper and LSD as standard. Indications are that less than 500 of these were produced.
A few publications have stated that this Limited Edition had a body kit : That is not true...

The NAKAYA-TUNE FTO was a limited car in early ‘97 (still pre face-lift). 300 cars were sold.
The car is tuned by Akihiko Nakaya, Driver of the TAEIVON FTO (below) in the Japanese GT300 series in ‘98-’99
The main differences are Nakaya-Tune Sports Muffler (Made by Prof), Nakaya-Tune Brake Pad (Made by AP), Nakaya-Tune Carbon Fibre Lip Spoiler, Nakaya-Tune Suspension, Nakaya-Tune Shock Absorber (Made by OHLINS),
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