Suzuki Q2 Report 2023

Net sales, operating profit and ordinary profit for 1H were record-high. In addition to the tailwinds of foreign exchange and raw material prices, this is a result of the below efforts.

• Normalization of production through procurement improvement
  efforts
• Mix improvement by introducing new models
• Proper sales price setting and other revenue measures

Next is the operating results by segment.
Automobile segment:
Sales and profit increased due to improvements in unit volume and mix/price etc.
Motorcycle segment:
Sales and profits increased. The operating margin for the July-September quarter was particularly high at 10.4%.
Marine segment:
Sales and profits declined due to a slowdown in the North American market.