As always in these days, japanese cars They presented their economic balances for the third fiscal quarter that started. october-december. After two years of confusion with general problems such as the pandemic and the semiconductor supply crisis, it seems that Japanese brands Japan HE top exporting country most of the cars in the world managed to overcome difficulties, turn the situation around and earn money.
best example toyotaincreasing operating profit 22% more 3rd fiscal quarter compared to the same period of the previous year 6.835 million euros. The company has confirmed that it is working to ensure a stable supply chain in the coming months, despite the shortage of semiconductors like many others. For the entire fiscal year, he expects profit 17,152 million eurosIt’s a target he’ll definitely surpass because he’s already 15,100 million in the first nine months of the fiscal year.
All brands enjoyed significant benefits fall in yen in the last few months, although not as much as they would like, because for the same reason the import price of the components has also increased.
important climbs
Although Toyota is the brand with the largest numbers, all Japanese brands closed their third fiscal quarter with better numbers. Nissanrecently the news of the historic deal with Renault to rebalance the pesos in the Alliance, billed 20,282 million euros630.4 percent more, which turned into operating profit 952 million €80.9% more and in net profit 377 million €17.9% more.
In the year’s cumulative, all metrics rise except net profit. 86.3% up to 822 million euros From Nissan explains that the improvement in the third quarter was driven by strengthened fiscal discipline and tight control of fixed costs, as well as a cost optimization plan and commitment to profitability rather than volume that kept operating margin low. 3.9% for the year, 0.8% more than the previous one. For the fourth quarter, they expect to drop their sales by: 8.1%but they insist on themselves financial control measures It will reduce the impact of closing the year with operating profit and positive cash flow.
on his behalf Sling closed the quarter with revenue 31,748 million euros, from the automobile business, motorcycle sales and other products, up from 26,382 million in the same period last year. As a result, operating profit increased 2,005 million euros. At the end of the year, they expect their turnover to be 123,309 million euros, an improvement of 19.28 million euros, but they expect operating profit to remain at 6,219 million euros, slightly below the fiscal 2021 figure.
Subaru, Mazda and Mitsubishi
The rest of the Japanese companies were also not out of place in the third fiscal quarter. subarufor example, they did not provide specific data for the period, but they did confirm an incremental improvement in production capacity accumulated over the year. 22% until 671,000 units. As a result, it was billed between April and December 20,077 million euros, 39% morewhile reaching operating profit, € 15.28 million, 176.9% more. For the full year, the brand achieved revenues of €26,460 million, 34.8% more and 21.43 million euro, one 231.7% moreand net profit € 15.01 million200% more.
on his behalf mazda And mitsubishiIt closed the third quarter, which also gave data for the April-December period, positively. First in, in the first nine months of the fiscal year, total 15,469 million eurosOperating profit and net profit up 24.7% 780.90 million (+71.9%) and €740.88 million (+252%), respectively.
Finally, mitsubishi earned 192.3% more in the first nine months of the fiscal year. €935.3 million thanks to the turnover 12,913 million euros and a 174.7% higher operating margin 1,099 million euros.