Earnings improvement driven by increased production and orders from major customers from the second quarter onward

「Despite the impact of lower revenue, segment profit was ¥1,791 million, up 15.2% from the previous consolidated fiscal year, mainly due to the promotion of cost-reduction initiatives.」

「Segment profit was ¥227 million, up 25.3% year on year, due to the promotion of cost-reduction activities and other factors, despite the impact of lower sales.」

「In Japan, net sales, excluding intersegment sales, were ¥61,618 million, down 1.9% from the previous consolidated fiscal year due to lower customer production and sales volumes. Segment profit was ¥1,554 million, down 24.7% from the previous consolidated fiscal year due to the impact of lower sales.」

「Japan segment profit was ¥2,065 million, up 217.1% from the previous consolidated fiscal year, due to higher sales and the effects of structural reforms, among other factors.」

「In Japan, net sales, excluding intersegment sales, were ¥45,505 million, up 17.1% year on year, as customer production and sales volumes recovered. Segment profit was ¥834 million, compared with a segment loss of ¥404 million in the same period of the previous year, returning to profitability due to higher sales and the effects of cost-reduction activities, among other factors.」

「In Japan, net sales, excluding intersegment sales, were ¥29,645 million, up 19.9% year on year, as customer production and sales volumes recovered. Segment profit was ¥441 million, compared with a segment loss of ¥272 million in the same period of the previous year, returning to profitability due to higher sales and the effects of cost-reduction activities, among other factors.」

「In Japan, net sales, excluding intersegment sales, were ¥13,705 million, up 26.7% year on year, as customer production and sales volumes recovered. Despite higher raw material and energy costs and a lower sales mix of high-value-added products, the segment reduced its loss through the effects of higher sales and other factors, recording a loss of ¥169 million compared with a segment loss of ¥480 million in the same period of the previous year.」

「Segment profit was ¥651 million, down 69.4% from the previous consolidated fiscal year, due to higher raw material and energy market prices, higher temporary labor costs, losses associated with launching new vehicles, and inefficiencies caused by certain lines operating at high capacity as the sales mix became concentrated, among other factors. Segment profit for the fourth-quarter accounting period was ¥1,055 million, improving from the segment loss of ¥131 million in the third-quarter accounting period, due to the effects of optimizing production sequences and improving process defects at domestic plants.」

「In Japan, net sales, excluding intersegment sales, were ¥38,854 million, up 1.5% year on year. The segment recorded a loss of ¥404 million, compared with segment profit of ¥992 million in the same period of the previous year, due to higher raw material and energy market prices, higher temporary labor costs, continued losses in some areas associated with launching new vehicles, and inefficiencies caused by certain lines operating at high capacity as the sales mix became concentrated, among other factors.」

「In Japan, net sales, excluding intersegment sales, were ¥24,730 million, down 4.3% year on year, due to the impact of customer production adjustments resulting from the prolonged semiconductor supply shortage. The segment recorded a loss of ¥272 million, compared with segment profit of ¥969 million in the same period of the previous year, due to lower sales, higher raw material and energy costs, higher input costs for imported goods due to foreign exchange movements, losses associated with launching new vehicles and other factors.」

「In Japan, net sales, excluding intersegment sales, were ¥10,817 million, down 15.1% year on year, due to the impact of customer production adjustments resulting from the prolonged semiconductor supply shortage. The segment recorded a loss of ¥480 million, compared with segment profit of ¥483 million in the same period of the previous year, due to lower sales, higher raw material market prices and other factors.」

「Segment profit was ¥2,128 million, down 9.3% from the previous consolidated fiscal year, due to the impact of lower sales and higher raw material market prices, as well as the impact of rising prices for imported goods from overseas due to the rapid depreciation of the yen toward the end of the current consolidated fiscal year.」

「In Japan, net sales, excluding intersegment sales, were ¥38,294 million, down 1.9% year on year due mainly to the prolonged impact of semiconductor supply shortages. Segment profit was ¥992 million, up 47.9% year on year, as the impact of lower profit accompanying the decline in sales was offset by the promotion of manufacturing cost-reduction activities and expense reductions, among other factors.」

「In Japan, net sales, excluding intersegment sales, recovered from the impact of COVID-19 in the same period of the previous year to ¥25,832 million, up 13.5% year on year, despite the impact of semiconductor supply shortages and other factors. Segment profit was ¥969 million, compared with a segment loss of ¥711 million in the same period of the previous year, due to higher profit accompanying increased sales and the promotion of manufacturing cost-reduction activities and expense reductions, among other factors.」

「In Japan, net sales, excluding intersegment sales, were ¥12,739 million, up 33.0% year on year, showing a recovery from the impact of COVID-19 in the same period of the previous year despite the impact of semiconductor supply shortages and other factors. Segment profit improved substantially to ¥483 million, compared with a segment loss of ¥1,008 million in the same period of the previous year, due to higher profit accompanying increased sales and the promotion of manufacturing cost-reduction activities, among other factors.」

「Segment profit was ¥2,346 million, down 4.7% from the previous consolidated fiscal year and roughly in line with the previous year's level, as efforts to reduce manufacturing costs and expenses offset the impact of lower profit accompanying the decline in sales.」

「Segment profit improved substantially from the segment loss of ¥711 million for the six-month period of the current consolidated fiscal year, resulting in a return to profitability.」

「The segment recorded a ¥1,008 million loss for the first quarter of the cumulative consolidated period, but turned profitable in the second quarter of the current consolidated fiscal period and narrowed the loss as rationalization progressed and customer production volumes began to recover.」

「Segment profit was ¥2,461 million, up 63.3% from the previous consolidated fiscal year, despite the impact of lower operations, due mainly to the streamlining effects of advanced equipment installed in the Kyushu region and the contribution from the company's proprietary cost-reduction activities, the Faltec production system, among other factors.」

「Net sales, excluding intersegment sales, were ¥33,171 million, up 1.8% year on year, as production of new vehicle models launched in the previous fiscal year contributed throughout the six-month period of the current consolidated fiscal year, among other factors. Segment profit was ¥566 million, compared with a segment loss of ¥30 million in the same period of the previous year, due to progress in shop-floor improvement activities and the effects of increased operations.」

「In Japan, net sales, excluding intersegment sales, were ¥15,202 million, down 2.8% year on year, due mainly to the impact of lower customer production volumes. The segment recorded a loss of ¥216 million, compared with a segment loss of ¥36 million in the same period of the previous year, due to lower sales and the recognition of preparation costs for new vehicle models launched at the start of the second quarter.」

「Segment profit was ¥1,507 million, up 14.2% from the previous consolidated fiscal year, due mainly to the effects of launching new vehicle models.」

「Segment profit increased 132.3% year on year to ¥501 million, despite the recognition of preparatory costs for the start-up of a plating line in the Kyushu region, due mainly to recovery from the impact of customers' sharp production cuts and the effects of higher operating levels for newly launched vehicle models.」

「The segment recorded a loss of ¥30 million, compared with segment profit of ¥437 million in the same period of the previous year, due to preparation costs for new vehicle models launching at the start of the second quarter and the impact of the torrential rains in western Japan, among other factors.」

「In Japan, net sales, excluding intersegment sales, were ¥15,636 million, up 5.5% year on year, due mainly to increased sales of millimeter-wave radar covers and electrical components. The segment recorded a loss of ¥36 million, compared with segment profit of ¥155 million in the same period of the previous year, due mainly to preparation costs for new vehicle models launched at the start of the second quarter.」

「Segment profit was ¥1,320 million, up 12.8% from the previous consolidated fiscal year, as increased sales and other factors offset losses caused by the rapid production cuts resulting from the issue of inspections conducted by unqualified personnel.」

「Segment profit was ¥215 million, down 47.7% year on year, due mainly to losses resulting from the rapid decline in deliveries to major customers following the issue involving inspections conducted by unqualified personnel.」

「Net sales, excluding intersegment sales, were ¥61,993 million, up 1.6% from the previous consolidated fiscal year, due to increased deliveries of automotive exterior components following expanded sales by major customers in the second half, as well as increased deliveries of automotive maintenance and vehicle inspection equipment. Segment profit was ¥1,826 million, down 25.4% year on year, due mainly to higher preparation costs for new vehicles associated with model changes.」

「In the Japan segment, earnings improved from the second quarter onward as major customers increased production and orders.」