Consolidated Revenue and Operating Profit by Business Segment

(100 Millions of yen)

FYE2021 FYE2022 Change
Automobiles Revenue 27,375 26,775 −600
Operating profit 1,091 925 −165
Aerospace Revenue 877 623 −254
Operating profit −98 −70 28
Others Revenue 50 48 −3
Operating profit 31 48 17
Adjustment Operating profit 1 1 −0
Total Revenue 28,302 27,445 −857
Operating profit 1,025 905 −120

Automotive Business

In fiscal 2021, demand in the automobile industry was on a recovery track along with the economy. However, automobile production stagnated in various countries due to global shortage of semiconductor supply, which also affected sales. Overall automobile demand in the United States, our mainstay market, decreased from the previous fiscal year by about 4% to approximately 14.5 million units. Total automobile demand in Japan decreased by 9% to approximately 4.2 million units.
Under such business environment, supply constraints of parts procured from business partners continued and we also had to adjust production and temporarily suspend operations at our plants in the U.S. and Japan. Consequently, overseas and domestic unit sales decreased year on year by 114,000 units (15.0%) to 645,000 units and by 12,000 units (12.1%) to 89,000 units, respectively.
This resulted in a decrease in combined overseas and domestic unit sales by 126,000 units (14.7%) to 734,000 units. Revenue decreased by 60.0 billion yen (2.2%) to 2,677.5 billion yen. Segment profit decreased by 16.5 billion yen (15.2%) to 92.5 billion yen.

  • Consolidated Unit Sales by Region

    (thousands units)

      FYE2021 FYE2022 Change
    Japan 102 89 −12
    U.S. 612 506 −105
    Canada 50 49 −1
    Europe 14 15 1
    Russia 5 4 −0
    Australia 31 33 2
    China 24 14 −11
    Others 23 23 0
    Total 860 734 −126
  • Consolidated Unit Sales by Models

    (thousands units)

      FYE2021 FYE2022 Change
    Legacy 216 193 −23
    Impreza 256 226 −30
    Forester 257 186 −72
    Levorg 21 15 −5
    WRX 26 24 −2
    Ascent 58 62 4
    BRZ 4 9 5
    OEM 2 2 −0
    Minicars 20 17 −3
    Total 860 734 −126

Aerospace Company

Revenue fell by 25.4 billion yen (29.0%) to 62.3 billion yen due to fewer deliveries of Boeing 787 components in the midst of the growing COVID-19 pandemic. Segment loss improved year-on-year by 2.8 billion yen (28.6%) to a loss of 7.0 billion yen.

Other Businesses

Revenue decreased by 0.3 billion yen (5.0%) to 4.8 billion yen. Segment profit increased by 1.7 billion yen (55.8%) to 4.8 billion yen.