Exchange-rate fluctuations, including yen appreciation

「Despite the impact of the strengthening yen, revenue increased to ¥3.5905 trillion, up ¥115.6 billion, or 3.3%, year on year, due to higher vehicle sales, particularly in North America and Asia, and expanded sales of products in focus areas and other products.」

「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.」

「Despite an operating-volume variance loss, operating profit increased to ¥251.2 billion, up ¥39.4 billion, or 18.6%, year on year, due to the weakening yen, rationalization efforts and other factors.」

「During the nine-month period ended [this quarter], revenue increased to ¥5.3549 trillion, up ¥719.2 billion, or 15.5%, year on year, due to strong vehicle sales centered on Japan and North America, the weakening yen, and expanded sales, particularly in focus areas such as electrification, comfort and safety products.」

「Although weak sales of Japanese and Western vehicles in China continued, revenue increased to ¥3.5135 trillion, up ¥493.4 billion, or 16.3%, year on year, due to strong vehicle sales centered on Japan and North America, the weakening yen, and expanded sales, particularly in focus areas such as electrification, comfort and safety products.」

「During the three-month period ended [this quarter], as the semiconductor shortage began to ease, revenue increased to ¥1.7129 trillion, up ¥297.9 billion, or 21.0%, year on year, due to the recovery in vehicle production, the weakening yen, and expanded sales, particularly in focus areas such as electrification, comfort and safety products.」

「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.」

「Although revenue on a volume basis remained flat year on year through the third quarter, the impact of foreign exchange rates and a substantial market slowdown caused by the spread of COVID-19 in the fourth quarter caused revenue to decline to ¥5.1535 trillion, down ¥209.3 billion, or 3.9%, year on year.」

「Although volumes increased through efforts to expand sales and other measures amid signs of an overall slowdown in the automotive market, revenue decreased to ¥3,895.0 billion, down ¥84.6 billion, or 2.1%, from the same quarter of the previous year, due to foreign exchange effects.」

「Although volumes increased, particularly in Japan and North America, amid signs of market slowdowns in China, India and other parts of Asia, the impact of foreign exchange rates caused revenue during the six-month period ended [this quarter] to decline to ¥2.6184 trillion, down ¥6.6 billion, or 0.2%, year on year. Despite operating-volume variance gains and rationalization efforts, operating profit declined to ¥134.0 billion, down ¥18.4 billion, or 12.0%, due to investment in future growth areas, the impact of foreign exchange rates and other factors.」

「Although performance during the three-month period ended [this quarter] was affected by market slowdowns in Europe and China, volumes increased, supported by higher unit sales to TOYOTA MOTOR CORPORATION. However, the impact of foreign exchange rates caused revenue to decline to ¥1.3241 trillion, down ¥7.0 billion, or 0.5%, year on year.」

「The consolidated companies conduct currency hedging transactions and work to minimize the adverse effects of short-term fluctuations in exchange rates among major currencies, including the US dollar, euro and yen. However, medium- to long-term exchange rate fluctuations may prevent them from reliably carrying out planned procurement, manufacturing, distribution and sales activities, and may adversely affect their operating results and financial condition.」

「In general, a stronger yen against other currencies, particularly the US dollar and euro, which account for a significant portion of the consolidated companies' sales, has an adverse effect on the consolidated companies' businesses, while a weaker yen has a favorable effect. The consolidated companies conduct currency hedging transactions and work to minimize the adverse effects of short-term fluctuations in exchange rates among major currencies, including the US dollar, euro and yen.」

「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.」

「The average yen exchange rates against the US dollar and euro were ¥108 and ¥119, respectively, representing yen appreciation of ¥12 and ¥14, respectively, from the previous fiscal year. Despite the impact of the stronger yen, revenue increased to ¥4.5271 trillion, up ¥2.6 billion, or 0.1%, year on year, due to higher production and expanded sales.」

「Although production increased and sales expanded during the nine-month period ended [this quarter], the impact of the stronger yen caused revenue to decline to ¥3.3115 trillion, down ¥59.4 billion, or 1.8%, year on year. Operating profit increased to ¥247.5 billion, up ¥4.4 billion, or 1.8%, due to operating-volume variance gains, rationalization efforts and improved other income and expenses.」

「Although production increased and sales expanded during the six-month period ended [this quarter], the impact of the stronger yen caused revenue to decline to ¥2.1769 trillion, down ¥51.5 billion, or 2.3%, year on year. Operating profit declined to ¥142.7 billion, down ¥5.3 billion, or 3.6%; profit before tax declined to ¥150.6 billion, down ¥16.3 billion, or 9.8%; and profit for the period attributable to owners of the parent declined to ¥97.5 billion, down ¥15.6 billion, or 13.8%.」

「Although production increased and sales expanded during the three-month period ended [this quarter], the impact of the stronger yen caused revenue to decline to ¥1.0928 trillion, down ¥13.2 billion, or 1.2%, year on year. Operating profit declined to ¥67.2 billion, down ¥19.5 billion, or 22.5%; profit before tax declined to ¥75.0 billion, down ¥32.0 billion, or 29.9%; and profit for the quarter attributable to owners of the parent declined to ¥46.1 billion, down ¥27.8 billion, or 37.6%.」

「In general, a stronger yen against other currencies, particularly the US dollar and euro, which account for a significant portion of the consolidated companies' sales, has an adverse effect on the consolidated companies' businesses, while a weaker yen has a favorable effect.」