Isuzu’s Q2 Operating Report: Sales Volume in Asia Soars
The Q2 operating report of 2018 from Isuzu Motors has disclosed the operating profits closing at 5.24 billion yen, an increase of 32.4% from the previous year overall and breaking the record in revenues QOQ. Despite the decrease of the sales volume and the market share in Japan, Isuzu has an increase in sales volume of the Asian region, especially Thailand, of which economy has been recovering. With cost measures, the company has a higher profit factor of 3.6 billion yen, resulting in higher profits as expected for this fiscal year.
Regarding to the worldwide sales volume, it has registered at 118,000 vehicles, an increase of 4.6% from the previous year. The sales volume are divided according to the areas as follows:
- in Japan: 15,000 vehicles, 6.8% decrease
- outside Japan: 103,000 vehicles, 6.6% increase; sales volume of Asia alone registered at 19,000 vehicles or 26.6% increase.
Mr. Koichi Seto, an Isuzu Senior Executive, expressed his opinion regarding to the sales volume in Japan that “We are still making the domestic sales to maintain our market share.”
