Higher Automotive Sales and Profit Contribution from China's Small-Vehicle Tax Cuts
First written in FY2017-Q3. 1 of 4 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2018: 1 of 6 companies on the "Worse" side.
1 other company's latest entry also says "Other".
- FY2026-H1Chinese demand remains firm, supported by vehicle replacement incentivesAnnual report
「In China, demand remained firm against a backdrop of continued replacement-vehicle support measures and increased exports to markets outside the United States.」
It explains that, changing from the previous small-car tax cut, continued replacement-vehicle support measures and increased exports supported automobile demand in China. - FY2018-Q2RestatedAnnual report
「Although China’s tax rate on small cars was halved, the increase in vehicle production contributed to our Group’s performance.」
It reiterates the explanation that, although the small-car tax rate was halved, the increase in vehicle production contributed to performance. - FY2018-Q1Vehicle production increased despite the halving of the tax rateAnnual report
「Although China’s tax rate on small cars was halved, the increase in vehicle production contributed to our Group’s performance.」
It states that, although the small-car tax rate was halved, the increase in vehicle production contributed to performance. - FY2017-Q3First statedAnnual report
「In the Asian market, the increase in automotive sales volumes resulting from China's tax cuts for small vehicles contributed to higher Group profit.」
States that higher automotive sales volumes resulting from China's tax cuts for small vehicles contributed to higher Group profit.