Japan: Aisin Seiki Q1 results show quake impact

In the three months ended 30 June 2011 (Q1 FY2012), Aisin Seiki reported net revenue at the group level of ¥457bn (US$5.9bn); a year-on-year decline of ¥112.6bn (19.9%) compared with the ¥569.6bn recorded in Q1 FY2011. Revenue from sales to the Toyota Group in Q1 FY2012 fell ¥104.8bn from ¥370.2 (65% of It’s time to log … Continued

• By Webmaster
• August 1, 2011