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| Japanese auto parts plant this fiscal year profit will fall 13.2 percent |
Japan's auto parts industry will be on the 9th reported that the industry's 86 major enterprise survey shows that the current financial year above the general level of corporate profits is about 1.31 trillion yen, compared with the previous fiscal year has dropped sharply 13.2%. According to "Japanese Economic News" website reported that this fiscal year the total sales of the enterprises will be slightly increased by 0.3 percent to 22.961 trillion yen (106 yen about one U.S. dollars). However, the 86 enterprises in 55 enterprises of the main business profits will decline in the previous year. In fiscal year 2007, these good corporate earnings environment, total sales and profits increase by 10.1 percent and reached 17.4 percent. Reported that this will be Japan's domestic auto parts industry over the past seven years the first time in the operating profit decline, showed that the rising prices of raw materials has affected the operation of the industry. As Japanese auto exports to emerging markets continued to widen, as in fiscal 2007, Japan's domestic automobile production has kept growing for six consecutive years. Japan's auto parts industry, there are 443 member units, this survey of 86 companies are listed companies, its auto parts sales total more than half of the industry. |
