Impact on earnings from yen appreciation and slowing overseas demand

「In the automotive industry, regional differences were evident: production volumes increased in China and remained firm in Japan, while growth showed signs of stagnating in some parts of Southeast Asia.」

「Segment profit increased 15.3% year on year to ¥4.999 billion, as higher raw material, labor and other costs were absorbed through rationalization and the reflection of cost increases in selling prices.」

「Revenue increased 5.9% year on year to ¥19.511 billion, due to higher demand in India and the United States and the impact of currency translation. Hose business: Revenue decreased 8.7% year on year to ¥2.404 billion due to lower demand in Southeast Asia and other regions.」

「Our Group has been affected by the economic slowdown in China and persistently high raw material costs resulting from soaring commodity prices, but the weaker yen has increased revenue on a yen-translated basis, and the impact of production adjustments by automakers due to the semiconductor shortage has eased, creating conditions for a positive impact on profit and loss.」

「Under these economic conditions, our Group has been affected by the economic slowdown in China and persistently high raw material costs resulting from soaring commodity prices, but the weaker yen has increased revenue on a yen-translated basis, and the impact of production adjustments by automakers due to the semiconductor shortage has eased, creating conditions for a positive impact on profit and loss.」

「Under these economic conditions, the weaker yen increased revenue for our Group when translated into yen, but lower operating rates due to production adjustments by automakers, the economic slowdown in China, and higher raw material and other costs resulting from soaring commodity prices are affecting profit and loss.」

「The weaker yen increased revenue when translated into yen, but」

「Under these economic conditions, the weaker yen increased revenue for our Group when translated into yen, but」

「The weaker yen increased revenue when translated into yen, but」

「Against this operating environment, orders received by our Group were also showing signs of recovery, and consolidated revenue increased 13.1% year on year to ¥71.504 billion.」

「Against this backdrop, the momentum in orders received by our Group weakened from the level through the second quarter, but consolidated revenue increased 20.6% year on year to ¥54.149 billion.」

「In the automotive industry, a major customer market for our Group, the recovery in orders that had been under way since the second half of last year accelerated, supported by the recovery in automotive sales in the United States and China and other factors.」

「Orders received by our Group are showing signs of recovery, but the decline in orders caused by the COVID-19 pandemic through the first half of 2020 was substantial, and consolidated revenue was ¥63.214 billion, down 15.5% year on year.」

「In the automotive industry, a major customer market for our Group, orders are recovering, supported by strong automotive sales in the United States and China, although conditions differ by region.」

「Against this backdrop, orders received by our Group also declined substantially, and consolidated revenue was ¥28.408 billion, down 25.3% year on year.」

「Mainly due to lower orders for domestic trucks and compact construction equipment, revenue was ¥1.636 billion, down 9.2% year on year.」

「Orders received by our Group also showed a declining trend across all regions and segments, and consolidated revenue was ¥74.839 billion, down 4.0% year on year.」

「Against this backdrop, orders received by our Group also showed a declining trend across all regions and segments, and consolidated revenue was ¥56.288 billion, down 3.8% year on year.」

「Against this backdrop, orders received by our Group also showed a declining trend, particularly in the Functional Products segment and China, and consolidated revenue was ¥38.008 billion, down 2.4% year on year.」

「Orders received by our Group also showed a declining trend, particularly in the Functional Products segment and China, and consolidated revenue was ¥19.117 billion, down 1.6% year on year.」

「Although regional differences were evident, including lower revenue in China and higher revenue in ASEAN and other regions, each of our Group's business segments generally increased sales steadily.」

「In the automotive industry, a major customer market for our Group, production worldwide has remained firm amid accelerating shifts toward EVs and other developments, although sales trends have varied by region. The construction equipment markets in Japan and overseas have also generally remained strong.」

「Under these conditions, the group’s orders also remained firm, and sales in each region reached levels comparable to or above the previous fiscal year. Domestic and overseas construction machinery markets also remained generally solid.」

「Domestic and overseas construction machinery markets also remained generally solid.」

「In the automotive industry, a major customer industry for our group, sales trends varied by region, but production continued to expand globally.」

「Although sales trends varied by region, production continued to expand globally.」

「Although sales trends varied by region, production continued to expand globally.」

「The group’s orders also remained generally strong, and consolidated net sales were ¥18,475 million, up 5.0% year on year」

「Although orders related to automobiles remained solid, the group’s orders were affected by sluggish demand for construction machinery and other applications and the impact of translation due to the trend toward a stronger yen, resulting in consolidated net sales of ¥70,663 million, down 2.2% year on year.」

「Although orders related to automobiles remained solid, the group’s orders were affected by sluggish demand for construction machinery and other applications and the impact of translation due to the trend toward a stronger yen, resulting in consolidated net sales of ¥52,075 million, down 4.8% year on year.」

「Affected by sluggish demand for construction machinery and other applications and the impact of translation due to the trend toward a stronger yen, consolidated net sales were ¥35,073 million, down 4.8% year on year.」

「Orders overall remained solid against a backdrop of strong automotive industry demand, despite sluggish demand for construction machinery and other applications, but the impact of translation due to the trend toward a stronger yen contributed to consolidated net sales of ¥17,587 million, down 4.3% year on year.」