Japan: Toyota, Honda, Nissan: Consolidated financial statements for the April-June period
-Business outlook of seven passenger car companies-
Due to the shortage of semiconductors, the performance outlook of seven passenger car companies will be broken.
The consolidated financial results of the seven passenger car companies for the April-June period of 2021 have been announced.
Sales of all companies including Toyota Motor Co., Ltd. increased, and operating income of five companies including Honda returned to the black.
New car sales recover in the US:
New car sales recovered in the United States and other countries compared to the same period of the previous year for the new Corona.
North American market
April-June sales:
Toyota increased 2.3 times year-on-year
Honda increased by 2.2 times compared to the same period of the previous year
Nissan and Mazda increased by 70% year-on-year.
Forecast for the fiscal year ending March 2022:
Three companies including Nissan Motor
Due to the impact on production due to the shortage of semiconductors,
As the outlook is uncertain, the business outlook has been left unchanged.
Semiconductor shortage:
Toyota
In the April-June period of 2009, it was forced to reduce production by 100,000 units, including the influence of Corona.
Nissan
For the full year ending March 2010, the impact of a reduction in production of 250,000 units is expected.
Mazda
For the full year ending March 2010, the impact of production cuts of 100,000 units is expected.
New switch
Nissan posted a significant increase from the same period of the previous year: sales of 2,082 billion yen and net income of 114.5 billion yen:
2021 Q1 Financial Results Briefing –Car Watch