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Looking at net sales by business segment, we see that sales in the automobile business rose by 236.1 billion yen year on year to total 830.4 billion yen. This increase was due to climbing sales volumes and healthier sales mixes in the North American and domestic markets despite foreign exchange losses resulting from the strong yen.
Aerospace Division sales totaled 41.7 billion yen, up 4.2 billion yen year on year, due to strong sales in the commercial aircraft sector.
Sales for the Industrial Products Division, on the other hand, were down 1.1 billion yen with the total reaching just 16.3 billion yen. This drop was due to the negative impact of the strong yen on foreign exchange transactions as well as fewer engine sales than last year when sales were pushed up by the demand associated with reconstruction efforts following the March 11 earthquake.
Other segments saw sales increase by 3.7 billion yen to total 9.6 billion yen due to the sale of the wind power generator business and an increase in sales of sanitation trucks.
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