Q2 Fiscal Year 2024 HINO
Japan: Sales grew thanks to the increase of heavy-duty trucks sold in Japan, but profit dropped considerably due to the worsening of the
situation of the market of materials, etc.
Asia: Sales and profit declined due to the decrease of sales volume, but profit margin rose 0.3 points, thanks to the improvement of
vehicle prices and the expansion of total supports.
Other Areas: Sales grew, mainly due to the increase of vehicles sold in North America. Profit rose from the previous year, despite the
inflation of prices of materials and labor expenses.
Global unit sales: 65.5 thousand units. Down 11.2% year on year.
Operating Income: 6.8 billion yen. Down 59.3% year on year. Operating income dropped due to the situation of the market of materials and the augmentation of fixed costs.