Isuzu 2016 Annual Report Download - page 8

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6
Financial results for FY2016
During the fiscal year ended March 2016, domestic vehicle
sales volume for FY2016 fell 2,271 units (down 3.1%) from the
previous year to 70,529 units. Overseas sales volume fell 924
units (down 0.2%) from the previous year to 437,567 units as
strong sales in North America and other developed nations
were offset by slowing sales in emerging markets and resource-
producing countries.
Net sales rose ¥47.6 billion (up 2.5%) from the previous year to
¥1,927.0 billion on increased vehicle sales resulting from changes
in the model lineup, and steady increases in after-sales business.
This figure includes domestic sales of ¥693.1 billion (up 1.7%) and
overseas sales of ¥1,233.8 billion (up 3.0%).
As a result of steady cost reductions and other efforts to
improve the bottom line, we were able to grow operating income
to ¥171.6 billion (up 0.3%) despite increased investment in R&D
and other growth strategy-related expenses. Ordinary income
fell 0.4% to ¥186.7 billion, while profit attributable to owners of
parent fell 2.0% to ¥114.7 billion.
FY2017 forecast
During the fiscal year ending March 2017, we expect firm
demand to continue in developed markets in Japan, North
America, and Australia, while uncertainty remains in emerging
markets and resource-producing countries. Abrupt fluctuations in
exchange rates will have an unavoidable impact on operations.
We will address our expectations concerning the business
environment by continuing to make growth strategy-related
Message from the President
Actively Driving Growth
Steadily implementing our Mid-Term
Business Plan and improving profitability