Soaring prices and shortages of raw materials and components, supply stoppages

「Although operating profit benefited from the depreciation of the yen, it was ¥84.2 billion, down ¥23.0 billion, or 21.5%, from the same quarter of the previous year, owing to higher material costs and other factors and increased investment for future growth.」

「There is no assurance that shortages of raw materials or parts will not arise due to changes in market conditions, price increases or product shortages resulting from trade issues, unforeseen accidents at suppliers, or geopolitical factors.」

「Despite an operating-volume variance loss and soaring component costs, operating profit increased to ¥519.0 billion, up ¥138.4 billion, or 36.4%, year on year, due to the weakening yen and rationalization efforts.」

「Operating profit declined to ¥238.6 billion, down ¥29.4 billion, or 11.0%, year on year, as continued increases in material costs, particularly for electronic components, and provisions for quality-related costs outweighed operating-rate gains, the trend toward yen depreciation and streamlining efforts.」

「Operating profit increased to ¥211.8 billion, up ¥56.4 billion, or 36.3%, year on year, as operating-rate gains, yen depreciation and streamlining efforts more than offset continued increases in material costs, particularly for electronic components, and accelerated investment for the future, including research and development.」

「Operating profit was ¥94.4 billion, up ¥30.7 billion, or 48.3%, year on year, as operating-rate gains, yen depreciation and streamlining efforts more than offset continued increases in material costs, particularly for electronic components.」

「Prolonged Russian aggression against Ukraine and other factors have led to global shortages of energy and semiconductors for automotive applications, driving up transaction prices, particularly for these items.」

「Revenue in North America increased to ¥1,082.2 billion, up ¥239.6 billion, or 28.4%, year on year. However, due to the significant impact of higher logistics and material costs, operating loss was ¥15.0 billion, despite streamlining efforts, compared with an operating loss of ¥1.9 billion in the same quarter of the previous year.」

「Operating profit was ¥155.4 billion, down ¥3.9 billion, or 2.5%, year on year, as the positive effects of recovering vehicle production, expanded sales, yen depreciation and efforts to improve profitability were outweighed by external factors, including higher material costs, particularly for electronic components, and logistics costs.」

「Operating profit was ¥63.6 billion, down ¥43.5 billion, or 40.6%, year on year, as efforts to improve profitability were offset by the negative impact of lower operating rates due to reduced vehicle production and external factors, including higher parts and material, energy and logistics costs.」

「From the second quarter onward, shortages of semiconductors and raw materials became more severe, forcing vehicle production cuts and temporary shutdowns.」

「However, due to the impact of vehicle production cuts caused by the semiconductor shortage and soaring logistics and material costs, the company reported an operating loss of ¥1.9 billion, despite rationalization efforts, compared with operating profit of ¥1.5 billion in the same quarter of the previous year.」

「Although vehicle production cuts by automakers due to the semiconductor shortage and other factors had an impact, although the external environment deteriorated due to higher material and logistics costs,」

「Meanwhile, although the semiconductor shortage affected automakers' vehicle production,」

「Vehicle production declined year on year both globally and in Japan due to the impact of shortages of semiconductors and materials.」

「No new business or other risks arose during the cumulative third quarter, and there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

「The consolidated companies have entered into basic transaction agreements with these suppliers outside the group and conduct stable business with them. However, there is no guarantee that shortages of raw materials or components will not occur due to soaring prices or shortages caused by market changes, or unforeseen accidents at suppliers.」

「There is no guarantee that shortages of raw materials or components will not occur due to soaring prices or shortages caused by market changes, or unforeseen accidents at suppliers.」

「No new business or other risks arose during the cumulative third quarter, and there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

「No new business or other risks arose during the six-month cumulative period under review. There were also no material changes to the business and other risks described in the annual securities report for the previous consolidated fiscal year.」

「There is no guarantee that shortages of raw materials or components will not occur due to soaring prices or shortages caused by market changes, or unforeseen accidents at suppliers.」

「No new business or other risks arose during the cumulative third quarter, and there were no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」

「There is no guarantee that shortages of raw materials or components will not occur due to soaring prices or shortages caused by market changes, or unforeseen accidents at suppliers. Such shortages could increase the manufacturing costs of the consolidated companies' products, cause production stoppages and otherwise adversely affect their operating results and financial condition.」