But we offset the negative impact fully through the sales increase and cost-savings. |
Compared with the first and second quarters, operating income strongly improved in the third quarter, exceeding the results of the same period last year. |
In addition, vehicle demand in Indonesia has weakened recently due to the adverse impact of surging gasoline prices, which is a further reason for the downgrade in our sales plan. |
Since the market demand was very strong worldwide we invested to boost our production capacity. The result of the investment is finally being reflected in our profitability. |
The latest results show that our profit-generating capabilities have improved further, as we saw a profit turnaround even as we were boosting expenses to upgrade our production capacity in order to cope with surging global demand. |
We aim to exceed last year's totals for consolidated revenue and earnings. |
We are expanding all at once to meet the strong global demand for our vehicles. This year's capital expenditure is at the peak. |
We are now spending heavily to upgrade production capacity in order to cope with the robust demand for our vehicles all over the world. |