Takeshi Suzuki Quotations

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.

But we offset the negative impact fully through the sales increase and cost-savings.

We are now spending heavily to upgrade production capacity in order to cope with the robust demand for our vehicles all over the world.

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.

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.

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.