Suzuki Announces Financial Results for FY2022 First Quarter …

Net sales and operating profit increased year-on-year, mainly owing to improvement in sales mix/price, increase in volume mainly in India, and the impact of the exchange rates. Net sales increased by ¥218.0 billion (25.8%) year-on-year (YoY) to ¥1063.4 billion, marking a record high throughout all quarters. Domestic net sales decreased YoY, due to the impact of the production decrease. However, overseas net sales increased by ¥224.5 billion (39.2%) YoY to ¥797.0 billion, mainly owing to improvement in sales mix/price including price increase, increase in volume mainly in India, and the impact of the exchange rates.