Rising demand for low-priced, fuel-efficient vehicles following tax cuts in Indonesia
First written in FY2017-Q2. 2 of 4 entries say "Restated". Latest entry: FY2018-Q2.
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- FY2018-Q2DroppedAnnual report
「Higher production volumes at Japanese-affiliated manufacturers contributed to higher sales at subsidiaries in Thailand and India. Revenue was ¥992.0 million, up 7.5% year on year, and operating profit was ¥103.2 million, up 19.7%, representing higher revenue and profit.」
Higher production volumes in Thailand and India were identified as factors behind higher revenue and profit in Asia, while the tax cuts for low-priced, fuel-efficient vehicles in Indonesia were no longer mentioned in this filing. - FY2017RestatedAnnual report
「Increased customer production and sales volumes resulting from tax cuts for low-priced, fuel-efficient vehicles in Indonesia led to higher revenue and profit, with revenue of ¥18,059 million, up 6.8% year on year, and operating income of ¥1,482 million, up 30.2%.」
The increase in customer production and sales volumes driven by tax cuts for low-priced, fuel-efficient vehicles in Indonesia was cited as a factor behind higher revenue and profit in the Asia business for the full year. - FY2017-Q3RestatedAnnual report
「In Thailand, production and sales of newly won products launched in the previous fiscal year increased steadily. In Indonesia, customer production and sales volumes increased following tax reductions for low-priced, fuel-efficient vehicles. As a result, revenue was ¥1,339.5 million, up 5.2% year on year, and operating profit was ¥108.8 million, up 7.8%, representing higher revenue and profit.」
Customer production and sales volumes have continued to increase, driven by tax cuts for low-priced, fuel-efficient vehicles in Indonesia. - FY2017-Q2First statedAnnual report
「Increased customer production and sales volumes resulting from tax cuts for low-priced, fuel-efficient vehicles in Indonesia led to higher revenue and profit, with revenue of ¥9,228 million, up 9.6% year on year, and operating income of ¥862 million, up 27.9%.」
The tax cuts for low-priced, fuel-efficient vehicles in Indonesia are cited as a factor behind the increase in customer production and sales volumes.