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So far, four Japanese car companies, including Toyota and Honda, have released their second-quarter results for the current fiscal year (April 2022-March 2023). According to the statistical data, Toyota, Honda, Nissan and Mazda are affected by different external factors.
2019 has been a difficult year for any car company, as global car sales fell for the second year in a row and the biggest, with total global sales of 90.3 million vehicles down 4.3 per cent from a year earlier. Against this backdrop, many car companies have seen a decline in profits, including Toyota, the world's largest carmaker.
On February 6th, Toyota, a Japanese automaker founded in 2020, released its fiscal year 2020 results, which showed that net income in the first three quarters of fiscal year 2020 (2019.4-2019.12) was 22.83 trillion yen, up 1.6% from 22.48 trillion yen in the same period last year. Operating income is about 2.059 trillion yen, up 6.2% from about 1.94 trillion in the same period last year. Net profit increased by 590 billion yen to 2.01 trillion yen, with a profit margin of 8.8%. Judging from Toyota's financial results, Toyota's operating income and net profit in the first three quarters.
2020 will be an unprecedented impact on the global auto market. Sales of many car companies have declined as a result of the COVID-19 epidemic, but judging from the latest results recently released by the three major Japanese car companies, Toyota and Nissan have achieved profit growth. Only the Honda brand has declined.
Nissan officially announced its results for the third quarter of fiscal year 2020 on February 13. According to the data, the company's third-quarter operating profit was 54.3 billion yen, down 82.7 per cent from a year earlier, while net profit was 39.3 billion yen, down 87.6 per cent from a year earlier. Nissan's last quarter results were "disappointing", which will be Nissan's first quarterly loss since March 2009. Nissan downgraded its full-year results, forecasting a full-year operating profit of 85 billion yen and a full-year net profit of 65 billion yen, while in the 2019 Q3 earnings report, full-year operating profit is expected to be 150 billion yen and net profit is 110.
Toyota officially announced its global results for the 2018 fiscal year (April 2018-March 2019), with sales and sales hitting record highs, but net profit plummeting. The consolidated report, which includes Toyota Group subsidiaries Dafa Industries and Hino Motor, achieved global sales of 10.603 million vehicles in fiscal year 2018, an increase of 1.6% year-on-year and another all-time high. In terms of joint performance, Toyota achieved sales of 30.2256 trillion yen (1.863 trillion yuan) in fiscal 2018, up 2.9 percent from the previous fiscal year. At the same time, Toyota is made up of.
Toyota, the world's largest carmaker, is expected to reach 24 trillion yen (1.5817 trillion yuan) in sales this fiscal year (April 2020-2021) under the severe impact of the epidemic. Operating profit is expected to reach 500 billion yen (33 billion yuan), the lowest level in nine years. On the same day, Toyota released its financial report for fiscal year 2019 (April 2019 to March 2020), showing that Toyota achieved sales of 29.9299 trillion yen (1.9724 trillion yuan) in fiscal year 2019, down from a year earlier.
Nissan disclosed in a document on Thursday that it would cancel unpaid benefits from former chairman Carlos Ghosn, including 4.44 billion yen ($41 million) in unpaid pension and 2.27 billion yen in stock appreciation rights, according to foreign media reports. And the current CEO Nishikawa Hiroshi is willing to take a 50% pay cut to make up for the impact on Nissan because of reported financial violations. According to Nissan documents, Ghosn's total compensation for the last fiscal year reached 1.65 billion yen, of which 410 million yen was actually paid and 1.24 billion yen was deferred to retirement. Ghosn was in Tokyo last November.
On May 12, Toyota released its financial report for fiscal year 2019 (April 2019 to March 2019). According to the report, Toyota achieved sales of 29.9299 trillion yen (1.9724 trillion yuan) in fiscal year 2020, down 1.0% from the same period last year. Operating profit was 2.4428 trillion yen (160.9 billion yuan), down 1.0% from the same period last year. Net profit was 2.0761 trillion yen (136.8 billion yuan), up 10.3% from a year earlier. During the reporting period, Toyota's cumulative global sales fell 1.9% to 8.958 million.
Recently, the Nippon Industry News Agency released the results of a questionnaire survey on R & D investment of more than 200 Japanese enterprises in fiscal year 2019. According to the survey data, Toyota topped the list of R & D investment in fiscal year 2019 with 1.1 trillion yen in R & D investment. Honda took second place with 860 billion yen, while Nissan ranked third with 550 billion yen. As the top of the R & D budget ranking in fiscal year 2019, Toyota has topped the list for 18 years in a row. According to data, Toyota's R & D investment budget reached 1.1 trillion yen (73.2 billion yuan) in fiscal year 2019.
On November 9, Honda officially released its results for the second quarter of 2023 (June 1, 2022-September 30, 2022) ending September 30, 2023. Data show that Honda's sales rose 17% to 4.98 trillion yen in the second quarter.
On May 13, Honda and Mazda released their results for fiscal year 2021 (April 1, 2021 to March 31, 2022). So far, the four major Japanese car companies, including Toyota and Nissan, have handed over their performance papers for the 2021 fiscal year. By comparison, Toyota is still the most profitable Japanese car.
Akio Toyoda, chairman of Toyota Motor, received a total of 999 million yen in compensation in the fiscal year ending March 2023, an increase of 46% from 685 million yen in the same period, of which about 735 million yen came from shares, according to Toyota Motor's annual filing
In the face of the impact of the current COVID-19 epidemic on the global economic market, it seems that even Toyota, one of the most profitable car companies in the world, has not been able to cope with the huge impact of the epidemic. According to foreign media reports, Toyota has sought credit lines totaling 1 trillion yen (about 65.8 billion people) from Sumitomo Mitsui Bank and Mitsubishi UFJ Bank.
Nissan's business is very worrying and seems to be in a state of endless losses. After a huge loss of 671.2 billion yen (about 44.7 billion yuan) in fiscal year 2019, Nissan expects the loss in fiscal year 2020 to be the same as that in the previous fiscal year, with a loss of 285.5 billion yen (19 billion yuan) in the first quarter alone. Kyodo news agency reported on July 28 that Nissan's consolidated results for the first quarter of fiscal 2020 (April-June) showed a net loss of 285.5 billion yen (about 19 billion yuan), compared with a profit of 6.3 billion yen in the same period last fiscal year.
Nissan announced a cut in its consolidated earnings forecast for fiscal year 2019 or its first net loss in 11 years, which could reach 85 billion yen to 95 billion yen (5.6 billion to 6.3 billion yuan), Kyodo news agency reported. Nissan had forecast a profit of 65 billion yen in fiscal 2019, but Nissan could lose money in fiscal 2019 due to continued low sales in the world's second-largest US market and the impact of COVID-19 's epidemic. It is understood that Nissan's last full-year loss was in fiscal year 2008, with a net loss of 233.7 billion yen. According to Reuters, Japanese car companies have a fortune of 2019 yuan.
On May 12th, Toyota released the joint financial statements of Toyota Group for fiscal year 2020 (April 2020 to March 2021) and the joint financial forecast for fiscal year 2021 (April 2021 to March 2022). According to the financial report, Toyota Group's sales in fiscal year 2020 were 27.2145 trillion yen (1.6084 trillion yuan), down 8.9 percent from the same period last year; operating profit was 2.1977 trillion yen (129.9 billion yuan), down 8.4 percent from the same period last year; net profit was 2.
Although Japanese manufacturers are having a hard time in the Chinese market, looking at the global market, Japanese manufacturers still show strong profitability. A few days ago, Toyota Motor Company released its financial results for the second quarter of fiscal year 2024 (July-September 2023). According to the financial report, Toyota's sales revenue during the reporting period was 11. 5%.
Recently, Mazda released its financial report for fiscal year 2021 (April 2020 to March 2021) and financial forecast for fiscal year 2021 (April 2021 to March 2022). According to the report, net sales of Mazda in fiscal 2021 were 2.88 trillion yen, down 16% from fiscal 2020; operating profit was 8.82 billion yen, down 79.8% from a year earlier; net profit loss was 31.65 billion yen, while net profit in fiscal year 2020 was 12.13 billion yen. Mazda suffered a loss and sales fell sharply.
Nissan discussed the candidate for chief executive Hirohito Nishikawa at today's meeting, according to Reuters, citing people familiar with the matter. Nishikawa has been under great pressure since he admitted receiving improper pay last week. An internal investigation by Nissan has found that Nissan CEO Hiroshi Nishikawa and other executives are suspected of receiving improper compensation. Hiroshi Nishikawa also admitted his violations and said he would return part of the amount. According to the investigation, after Nissan Chairman Ghosn was arrested by Tokyo prosecutors on suspicion of underreporting his personal remuneration in November last year, Nissan got into trouble, its performance continued to decline, and its executives did not.
Heavy! The National Development and Reform Commission plans to relax car purchase restrictions and increase license plate indicators in an all-round way
China's car sales continue to decline and the trend of car consumption is gradually declining. in such an environment, the National Development and Reform Commission is expected to guide further liberalization of the purchase restriction policy and comprehensively encourage automobile consumption. According to the online documents, the National Development and Reform Commission issued the implementation Plan for promoting the Renewal of consumption of Automobile, Home Appliances and Consumer Electronics to promote the Development of Circular economy (2019-2020), which plans to further expand the consumer market such as automobiles, promote the development of circular economy, and deepen supply-side structural reform. The document also describes in detail the specific implementation plan, and there are nine supporting regulations in the automotive field. The most important of these is the purchase restriction city.
2019-04-17 17:36:07Details
All of a sudden! A Tesla in Dongguan was suspected of getting out of control and crashed into multiple cars and destroyed the shop door.
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The latest delivery list of new forces, Wei Xiaoli dropped by double digits compared with the previous month.
On August 1, the new power brands NIO, Xiaopeng, ideal, Nezha and Zero announced the latest monthly delivery results. According to the ranking of the "Tramway report", the delivery volume of mainstream new power brands was more than 10,000 in July, of which the best performance was Nashi, with 14036 cars, followed by zero-running cars.
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Another independent brand was born. Hanlong's first model is "domestic range Rover"?
The Zhongtai version of the "domestic range Rover" has been published for nearly two years since the real car was exposed, and there has been no news of mass production and listing. Now the car has finally been officially unveiled, but it will not be launched as the infamous Zhongtai Motors. It belongs to the new brand "Hanlong Automobile". Hubei Daye Hanlong Automobile Co., Ltd. was established in January 2016 and is headquartered in Daye City, Hubei Province, according to official data. It is a modern new energy automobile parts manufacturing enterprise integrating new energy vehicle design, development, manufacturing, sales and after-sales service. it is also a professional system of automobile engine products, spare parts supporting system products and automobile maintenance.
2019-08-29 11:29:05Details
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