Results for April-
Although production constraints continued due to the global shortage of semiconductors, global production increased 24.5% to 425,000 units as production plans were flexibly adjusted. Production in
As a result of the increase in production, global vehicle sales increased 6.2% to 399,000 units, led especially by
Due to the effects of foreign exchange rates, the growth in vehicle sales, and other factors, consolidated revenue rose 30.5% to
Results for April-
As positive factors such as the effects of foreign exchange rates and the growth in unit sales more than offset a steep rise in raw material prices and an increase in SG&A expenses, operating profit rose
Forecasts for FYE 2023
With the pricing policy and the improvements in sales mix expected to offset the steep rise in raw material prices to a certain degree and incorporating the positive effects of foreign exchange rates, the Company revises its previous forecasts for FYE 2023 (announced on
- Revenue:
- Operating profit:
- Profit for the period attributable to owners of parent:
Reflecting the results for the first half period and the upward revision of the full year forecasts, the Company has determined to increase its interim dividend by
The forecasts for FYE 2023 are based on exchange rate assumptions of
Notes on results:
Vehicle volume figures are rounded off to the nearest thousand. Yen figures are rounded off to the nearest hundred million.
Forward-looking statements in this document including financial and other forecasts are based on the information available at the time of announcement and are subject to various risks and uncertainties that could cause actual results to vary materially.
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