/PRNewswire/ Despite certain unfavorable factors such as the resurgence of COVID-19, a decrease in automobile unit sales due to the semiconductor supply.
/PRNewswire/ Despite some unfavorable factors such as the supply shortage of certain parts including semiconductors and an increase in raw material costs,.
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TOKYO, Aug. 4, 2021 /PRNewswire/
Despite some unfavorable factors such as the semiconductor supply shortage and an increase in raw material costs, consolidated operating profit for the fiscal first quarter ended June 30, 2021 amounted to 243.2 billion yen, a year-on-year increase by 356.9 billion yen. This was due primarily to a positive effect of the company s ongoing initiatives to solidify its existing businesses as well as an increase in unit sales compared to the same period last year which was heavily impacted by the COVID-19 pandemic.
Consolidated profit for the fiscal first quarter attributable to owners of the parent amounted to 222.5 billion yen, a year-on-year increase by 303.3 billion yen, due also to an increase in the share of profit of investments accounted for using the equity method.
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TOKYO, May 14, 2021 /PRNewswire/
Despite some unfavorable factors such as a decrease in demand due to the impact of the COVID-19 pandemic and the impact of semiconductor supply shortages, consolidated operating profit for the fiscal year ended March 31, 2021 (FY21) amounted to 660.2 billion yen due primarily to control of selling, general and administrative (SG&A) expenses and cost reduction efforts based on a review of business activities, as well as an increase in profit due to a year-on-year difference in the amount of the provision for credit losses recorded for financial services business.
Consolidated profit for the year attributable to owners of the parent experienced a year-on-year increase and amounted to 657.4 billion yen, due also to an increase in the share of profit of investments accounted for using the equity method.
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TOKYO, Feb. 9, 2021 /PRNewswire/
Despite a decrease in demand due to the impact of the COVID-19 pandemic, consolidated operating profit for the fiscal nine months amounted to 447.0 billion yen due primarily to control of selling, general and administrative (SG&A) expenses and cost reduction efforts resulting from a fundamental review of business activities conducted throughout the entire company.
The previously announced forecast for consolidated operating profit for the current fiscal year (April 1, 2020 through March 31, 2021) was revised upward by 100.0 billion yen to 520.0 billion yen. This was despite the impact of both the COVID-19 pandemic and the shortage of semiconductor supply.