Daihatsu plans to increase mini vehicle sales 19% to 650K units in 2012

Mira e:S low-fuel consumption technology will be applied to existing and new models

2012/03/02

Summary

 Amid higher fuel economy compact vehicles and lower priced hybrid vehicles, Daihatsu launched the Mira e:S with a fuel economy of 30 km/L on the JC08 mode at a low price of 795K yen. "The Mira e:S exhibits the raison d'etre of mini vehicles," said Koichi Ina, President of Daihatsu. Daihatsu plans to apply the e:S low fuel consumption technology to the existing models in Japan and the next generation small cars to be launched in emerging countries.

 As for overseas business, expecting demand to expand in its main market Indonesia, Daihatsu will build a second assembly plant there to raise the annual production capacity to 430K units. Despite a decrease in sales of Perodua in Malaysia, sales volume has demonstrated an upward trend thanks to the new Myvi since October 2011.

 Consolidated sales volume of Daihatsu in the April-December period of 2011 was up in the overseas markets, while it severely dropped in the domestic market due to the East Japan Great Earthquake. Total sales volume remained unchanged at 969K units from the same period last year. In the October-December period, sales recovered because of the launch of the Mira e:S. Daihatsu expects the full FY 2011 consolidated sales volume to be up by 7.7% to 1.381 million units. It also expects to have record sales of 650K mini vehicles in CY 2012.

 The consolidated results in the April-December period of 2011 declined in sales and income as sales volume dropped. Daihatsu forecasts the full FY 2011 consolidated results as follows: sales will stay around the previous year level in 1.57 trillion yen, operating income will decrease by 8.2% to 95 billion yen, and the net income will be down by 4.9% to 50 billion yen, according to the announcement in February 2012.

Related reports: 

Tokyo Motor Show - Japanese OEMs (1) and (2) (January 2012),
Indonesia (December 2011)



Daihatsu to apply the Mira e:S technology to existing models, setting the next fuel consumption target at 35 km/L

 Daihatsu is expected to play a role of "the specialist in developing compact cars including mini vehicles in the Toyota Group" (according to Toyota's executive). Under such expectations, Daihatsu launched the mini vehicle Mira e:S in September 2011. The mini vehicle delivers fuel consumption of 30 km/L on the Japanese JC08 mode test cycle by improving the gasoline engine, lightening the weight and employing the pre-stop function for idle reduction. Daihatsu positions the model as the third eco-car category independent of HVs and EVs.

 Thorough reduction of parts purchase costs brought about a price tag range from 795 K yen for the Mira e:S. Returning to the start line, i.e., mini vehicles give everyday mobility, Daihatsu committed to realizing an eco-car available for everybody. As a result, it received orders for about 70K units in total as of the end of January 2012. The Mira e:S made a remarkable contribution to recovery of sales volume of Daihatsu.

 Daihatsu plans to apply various low fuel consumption technologies in the Mira e:S to the existing models to improve their fuel consumptions. The e:S technologies have already been applied to the face-lifted core mini models Move and Tanto. Daihatsu will apply the technologies to the next generation compact vehicles to be launched in Indonesia and Malaysia.

 Daihatsu is accelerating the development of engines for the next generation mini vehicles including two-cylinder direct injection turbo engines. It says that the next fuel consumption target is set at 35 km/L on the JC08 mode.

Daihatsu launches the Mira e:S and applies e:S technology to other vehicle models

Mira e:S September
2011
 The Mira e:S is a new mini passenger car developed as an eco car available for everybody. e:S stands for Eco (ecology plus economy) & Smart. The e:S fuel economy technology improves the fuel consumption of the current Mira by 40%, and realizes 30 km/L on the JC08 mode. It is available from the price of 795K yen. The annual sales target is set at 200 K units. This number was revised upward in February 2012 by 80K-unit from the first target set when it debuted.
Move
(face lifted)
November
2011
 The Move is a tall wagon type mini passenger car. Daihatsu employed the new e:S technology-applied engine, the new ecoIDLE and the eco generation control to every naturally-aspirated engine version vehicle. The fuel-economy of the front-drive model is brought up to 27.0 km/L on the JC08 mode. The price is unchanged and it is available from 1.12 million yen.
Tanto/Tanto Exe
(face lifted)
November
2011
 The Tanto and Tanto Exe are tall wagon type mini passenger cars featuring extensive interior space. Daihatsu employed the new e:S technology-applied engine, the new ecoIDLE and the eco generation control to every naturally-aspirated engine version vehicle. The fuel-economy of the front-drive model is brought up to 24.8 km/L on the JC08 mode. The lowest end model is priced at 1.22 million yen.

Source: Daihatsu Press Release 2011.9.20, Nikkei Sangyo Newspaper 2012.2.2, Nikkan Jidosha Newspaper 2011.9.21

 

The e:S fuel economy technology delivers 30 km/L on the JC08 mode

Power train
evolution
The new engine has a higher combustion rate and less energy loss
* The new engine's compression ratio is improved from 10.8 to 11.3, and the combustion efficiency is also improved by refining the particles sprayed from the injector.
* The i-EGR (Exhaust Gas Recirculation) system is employed. It detects combustion conditions by using ions in the combustion chamber. This i-EGR system ensures minute control on exhaust gas recirculation and feeds a larger volume of intake air-mixed exhaust gas to the engine to reduce pumping loss enormously.
* Also the mechanical loss is lowered by reducing chain tension with the narrower chain, lowering the tension in the piston ring, and modifying the oil seal.
* The engine employs a light plastic for the electric throttle body.
CVT with an improved power transmission efficiency
* A high efficient oil pump is employed and the control pressure of the CVT (Continuous Variable Transmission) is reduced. Both of them contribute to improving the power transmission efficiency.
* The transmission gear ratio is optimized (high geared) to reduce engine load.
Vehicle
evolution
Streamlined shell body weighs lighter by about 60 kg
* The layout of shell body members is revised, straight shaped components are used to reduce reinforcement members, and high tensile strength steel sheets are adopted.
* The interior parts are lightened by adopting the new structural sheet framework and thinning plastic parts.
* The CVT unit combined with the idle reduction system is lightened by thinning the CVT case and using aluminum parts.
Lower running resistance:
* The rolling resistance is lowered by adopting low rolling resistant tires and improving driving parts.
* The air resistance is lowered by dramatically rounding the front bumper and the hood and slowing down under-floor flow.
Thermal management in the engine room
* The layout of the bumper openings and air cleaner ducts are optimized and the air flow is improved to lower the temperature of the intake air into the engine. A decline in air intake volume resulting from volume expansion of the intake air is suppressed to boost the engine combustion efficiency.
Energy
management
New eco-IDLE system with pre-stop idle reduction function
* A vehicle velocity of 7 km/h or lower actuates the new eco-Idle system to stop the engine; thereby, improving the fuel efficiency.
* To lighten and reduce the size of the eco-IDLE system, the number of idle reduction exclusive parts is reduced.
Eco power generation control with the regenerative braking function maximizes braking energy
* The eco power generation control increases the output of the alternator and the battery charge to significantly constrain power generation by the alternator at the time of normal operation and acceleration, and to curb the engine load.

Source: Daihatsu Press Release 2011.7.19

Daihatsu to evolve fuel economy technology to realize fuel economy target at 35 km/L on JC08 mode for next generation mini vehicles

Two-cylinder
direct injection
turbo engine
 The new engine displacement will be unchanged at 660 cc but two larger cylinders will be installed to improve the fuel economy performance and the engine output. The new engine is expected to improve the fuel economy by 10 to 20% from the Mira e:S. On the other hand, since the two-cylinder engine vibrates more than the three-cylinder engine, it will need anti-vibration measures, such as improvement of the platform.
Active
ignition system
 The new engine uses a massive amount of intake air-mixed exhaust gas through the EGR system. The re-circulated gas needs to be ignited steadily. For this purpose, Daihatsu developed the active ignition system, which radiates a high frequency microwave in the engine when the ignition plug makes a spark to strengthen the first electric discharge and burn gasoline thoroughly.
Mega storage
capacitor
 Mega storage capacitor is a new capacitor which discharges and charges faster than ever. It will store energy which used to be discarded, and use it efficiently. Daihatsu plans to use the energy for the air conditioner or the audio system.

Source: Daihatsu Tokyo Motor Show 2011 Technical Information, Nikkan Jidosha Newspaper 2011.12.27
NOTE: Daihatsu showcased the concept car D-X equipped with the two-cylinder direct injection turbo engine in the Tokyo Motor Show 2011 held in December 2011. The model is a two-seat open type of mini sport vehicle. Its body is made from resin.

 



Japanese mini vehicle market expected to be down by 3.0% to 1.58 million units in FY2011, while Daihatsu expects mini vehicle sales to be up by 3.8% to 590K units

 The FY2011 sales volume of new mini vehicles in the Japanese market significantly dwindled to 72.3% in the April-June period and to 87.3% in the July-September period due to the great earthquake in March, compared to the levels in the same periods a year earlier. The sales volume fortunately made a turnaround to 118.9% in the October-December period. Mini vehicles continued to surpass 35% of the total auto market from FY2010 to the April-December period of 2011

 Daihatsu's mini vehicle sales were down by 5.5% to 398K units in the April-December period of 2011. After the launch of the Mira e:S, the sales volume grew beyond the growth of the market in the October-December period. Daihatsu obtained the market share of 36.3% in the April-December period. It has led the market since FY2006.

 According to the forecast announced by Daihatsu in February 2012, the FY2011 mini vehicle market will decrease by 3.0% over the previous year to 1.58 million units, while Daihatsu's sales will be up by 3.8% to 590K mini vehicles. The sales plan of the mini vehicles in the calendar year of 2012 is raised by 19% over the previous year to 650K units. Daihatsu sees that the sales will refresh record sales of 635K units in 2008.

Japanese mini vehicle market: new vehicle sales of mini and non-mini vehicles

(units)
FY2010 FY2011
Apr.-Jun. Jul.-Sep. Oct.-Dec. Jan.-Mar. Apr.-Jun. Jul.-Sep. Oct.-Dec.
Mini vehicle Volume 413,282 450,689 339,609 425,207 298,859 393,319 403,760
Y-on-Y 111.7% 110.6% 85.4% 81.3% 72.3% 87.3% 118.9%
Non-mini vehicle Volume 744,146 932,855 576,170 719,177 476,002 771,772 722,123
Y-on-Y 126.5% 115.2% 71.4% 73.6% 64.0% 82.7% 125.3%
Total Volume 1,157,428 1,383,544 915,779 1,144,384 774,861 1,165,091 1,125,883
Y-on-Y 120.8% 113.7% 76.0% 76.3% 66.9% 84.2% 122.9%
Ratio of mini vehicles 35.7% 32.6% 37.1% 37.2% 38.6% 33.8% 35.9%
Source: Japan Automobile Dealers Association and Japan Mini Vehicles Association
NOTES: 1. Mini vehicles accounted for 35.4% in FY 2010, and 35.7% in the April-December period of 2011.
2. The top ten models of the new vehicle sales ranking are five mini vehicle models of the Daihatsu Move, Tanto and Mira, and the Suzuki Wagon R and Alto. The Toyota Hybrid Prius headed the list, followed by Honda Fit including HV versions.
3. In the 2009 and 2010 rankings, five models of mini vehicles made the top ten as well.

 

New vehicle sales volume by OEM in Japanese mini vehicle market

(1,000 units)
Daihatsu Suzuki Honda Nissan Mitsubishi Subaru Other Overall market
FY2005 591.9 625.5 242.6 123.5 170.8 140.7 53.3 1,948.4
FY2006 616.2 605.5 283.3 143.8 170.5 157.6 53.7 2,030.6
FY2007 612.8 587.3 223.8 141.7 135.1 135.0 57.3 1,893.0
FY2008 619.4 579.4 189.1 140.8 113.9 111.8 54.5 1,808.9
FY2009 596.2 554.5 158.4 136.2 105.4 97.4 50.1 1,698.2
FY2010 568.4 520.7 154.2 141.5 104.2 92.7 47.0 1,628.8
* FY2011 590.0 1,580.0
Apr.-Dec. 2010 421.0 391.5 114.3 98.7 74.4 69.7 33.9 1,203.6
Apr.-Dec. 2011 397.7 347.0 85.1 102.7 62.9 61.9 38.7 1,095.9
Source: Japan Mini Vehicles Association
NOTES: 1. The FY2011 data are according to the forecasts announced by Daihatsu in February 2012. Daihatsu sees that sales volume in CY2012 will be up by 19% over the previous year to 650K units.
2. In September 2011, Toyota was received OEM products from Daihatsu, and entered the mini vehicle market. Toyota's sales volume is included in 'Others.' The breakdowns of Others in the April-December period of 2011 are 32,356 units sold by Mazda, 6,308 units by Toyota, and 35 units by others.

 

Daihatsu's retail sales volume by model in Japan

(1,000 units)
FY2008 FY2009 FY2010 FY2011
estimate
Apr.-Dec.
2010
Apr.-Dec.
2011
Oct.-Dec.
2010
Oct.-Dec.
2011
Mini
vehicle
Mira 95.8 109.4 100.0 76.6 108.4 18.9 60.1
ESSE 33.7 34.7 31.7 23.5 7.9 6.7 0.1
Move 193.4 162.4 138.0 90.7 98.0 26.2 31.4
Atrai Wagon 16.9 11.7 11.5 8.3 8.2 3.2 2.8
Terios Kid 5.7 3.2 2.6 2.0 2.0 0.7 0.8
Copen 5.3 2.9 2.3 1.8 1.6 0.6 0.5
Tanto 159.6 161.6 169.0 131.0 91.1 36.4 28.4
Hijet Truck 55.7 63.3 62.1 48.2 41.6 13.5 14.0
Hijet Cargo 49.5 46.6 51.4 39.1 39.0 12.9 13.8
Others 3.9 0.2 -
Mini vehicle total 619.4 596.2 568.4 590.0 421.0 397.8 119.0 151.9
Non-mini
vehicle
Boon 3.4 4.0 3.3 2.9 1.2 0.4 0.5
Others 3.8 3.1 1.7 1.3 1.1 0.4 0.5
Non-mini vehicle
total
7.2 7.1 5.0 3.0 4.1 2.3 0.7 1.0
Total sales in Japan 626.6 603.3 573.4 593.0 425.1 400.0 119.7 152.8

Source: Daihatsu Results Support Documentation FY2011/Q3 FY2012

 



Overseas business: Daihatsu to raise an annual production capacity to 430K units in Indonesia, while launching the new Myvi in Malaysia

 Daihatsu's overseas production increased by 2.7% in the April-December period of 2011 following a production hike in Indonesia. Overseas production by consignment and OEM were also up by 21.9% mainly in Indonesia. Daihatsu expects the full FY2011 overseas production to increase by 5.8% to 353K units, and overseas production by consignment and OEM to be up by 19.1% to 229K units.

 The Indonesian auto market continues to expand. With an increase in sales of the new Xenia launched in November 2011, Daihatsu expect the FY2011 sales volume to be up by 17% to 144K units. At the end of 2012, Daihatsu will start operation of the second plant to raise its annual production capacity from 330K to 430K units.

 In Malaysia, Daihatsu's production center Perodua launched the new Myvi in June 2011. Perodua is expected to have the FY2011 sales of 180K units, down by 5%. Daihatsu says that it will improve the competitiveness by improving production and quality.

 On the other hand, Daihatsu will end selling new vehicles in Europe by the end of January 2013 because of an increase of R&D costs and declining profits due to high yen.

Daihatsu's global production volume

(1,000 units)
FY2008 FY2009 FY2010 FY2011
estimate
Apr.-Dec.
2010
Apr.-Dec.
2011
Japan Mini vehicle 644.6 595.7 559.1 590.0 435.8 416.0
Non-mini vehicle 92.7 57.7 36.0 24.0 30.4 18.7
Total 737.4 653.4 595.0 614.0 466.1 434.7
Overseas Indonesia 84.2 88.6 136.7 n.a. 100.6 114.9
* Malaysia 170.4 161.5 197.5 146.3 138.7
Venezuela 6.6 1.7 1.2 0.9 0.8
* Total 266.0 252.9 335.4 355.0 247.8 254.4
* Daihatsu total 1,003.4 906.3 930.4 969.0 713.8 689.1
Consigned/OEM Japan 256.5 239.6 176.1 231.0 143.0 153.7
* Overseas 157.0 160.5 192.2 229.0 135.7 165.4
* Consigned/OEM total 413.5 400.1 368.3 460.0 278.6 319.0
* Grand total 1,416.9 1,306.4 1,298.7 1,429.0 992.5 1,008.1
Source: Daihatsu Results Support Documentation FY2011/Q3 FY2012
NOTES: 1. The 2011 forecasts are in accordance with the announcement by Daihatsu in February 2012.
2. Daihatsu's domestic production includes the exports of finished vehicles and CKD components.
3. The data of production in China are included in the total overseas production of Daihatsu and Daihatsu total production of FY 2008 and 2009.
4. The asterisk (*) marked items include the records of Perodua, the consolidated subsidiary of Daihatsu in Malaysia. Perodua's accounting term is commencing from January and ending in December. Thus the FY2008 to FY2010 data reflect those of the January - December period, and those of the April-December period reflect those of the January-September period.

 

Emerging markets

In Indonesia, Daihatsu to start operation of the second finished car plant at the end of 2012
 Daihatsu built a second assembly plant of Astra Daihatsu Motor (ADM), its production subsidiary in Indonesia. The plant will start running at the end of 2012 according to the announcement in February 2011.
 It will build a start-to-finish plant from pressing, building bodies, painting to assembling processes in the Surya Cipta City of Industry, Karawang of West Java State. The plant will have an annual production capacity of 100K units on the two-shift and fixed-hour operation. Daihatsu will have the plant produce and sell small vehicles of both Daihatsu and Toyota in Indonesia, planning to export the vehicles to ASEAN countries. Daihatsu will make a total investment of about 20 billion yen except the costs for the land and site development.
 ADM increased the annual production capacity of the first plant in Jakarta from 230K to 280K units in January 2011, and to 330K units in May of the same year. Once the second plant starts operation, the total annual production capacity will reach 430K units.

Source: Daihatsu Press Release 2011.2.23

Daihatsu unveils the Indonesian strategic model A-Concept mainly developed by ADM
 In the Indonesian International Motor Show held in July 2011, Daihatsu unveiled the five-seat small hatchback concept car, A-Concept. Astra Daihatsu Motor (ADM) led the planning and designing of the concept car by maximizing the mini vehicle technology of Daihatsu. ADM thoroughly studied the needs of the local consumers, and successfully realized the compact body size, excellent design, large compartment space and cargo room, and fuel economy in one model. The hatchback concept is considered as a model in line with the eco-car (low price small vehicles) preference policy by the Indonesian government. ADM is expected to decide the powertrain after the details of the policy are announced.

Source: Daihatsu Press Release 2011.7.25

Daihatsu fully remodels the Indonesia exclusive model Xenia
 In November 2011, Daihatsu fully remodeled the MPV Xenia (Toyota Avanza) developed with Toyota. Since launched in 2004, the model has been appreciated for its compact body size but larger seat capacity for seven passengers, and the reasonable price setting. This model developed the new vehicle category in the Indonesian market, and it has become the flagship model for both companies.
 The changes include a variety of seat arrangements for user convenience, a larger cargo space, better fuel economy, ride quality and quietness. Daihatsu set the monthly sales target at 7,000 units of the new Xenia. The price is ranged from 126.6 million to 156.7 million rupiahs (1.101 million to 1.363 million yen).

Source: Daihatsu Press Release 2011.11.9

Daihatsu fully remodels the small passenger car Sirion in Indonesia
 Daihatsu unveiled and launched the fully remodeled Sirion (Japanese name: Boon), five-seat small hatchback in the Indonesian International Motor Show held in July 2011. Daihatsu employed the Sirion-exclusive interior and exterior designs, and improves the fuel economy and the safety performance. The Sirion is the twin model of the Perodua Myvi in Malaysia. It is produced in Malaysia and exported to Indonesia. The price ranges from 139.9 million to 150.9 million rupiahs (1.315 million to 1.418 million yen).

Source: Daihatsu Press Release 2011.7.25

Perodua fully remodels the Myvi in Malaysia
 Perodua fully remodeled the small vehicle Myvi (Japanese name: Boon) in June 2011. Based on the new Boon launched in Japan in February 2010, Perodua employed the interior and exterior designs to meet the Malaysian market, changed the engine displacement (only the 1.3-liter engine is set for the model; the 1.0-liter version is no longer available), and improved the fuel economy and the safety performance. The monthly sales target is set at 5,600 units. The price is ranged from 43,900 to 57,800 Malaysian Ringgits (1.17 million to 1.54 million yen).

Source: Daihatsu Press Release 2011.6.7

 

European market

Daihatsu to end new car sales in Europe at the end of 2013
 Daihatsu decided to end new car sales in the European market at the end of January 2013, according to the announcement in January 2011. It will, however, continue to provide after- sales services including supplying parts. In ten European countries, Daihatsu sells new vehicles of five models, including the Mira, Boon and Copen. Sales already peaked out from 58,600 units in 2007 to 19,300 units in 2010 after the financial crunch. And moreover, development costs to meet the EU CO2 regulations is increasing, and the profitability is worsening due to high yen. Under the circumstances, Daihatsu judged it impossible to continue the business in Europe based on export of Japan-made finished vehicles.

Source: Daihatsu Press Release 2011.1.14

 



FY2011 consolidated sales volume expected to be up by 7.7% to 1.381 million units

 In the April-December period of 2011, Daihatsu had a consolidated sales volume of 969K units, unchanged from that in the same period last year. Overseas consolidated sales volume was up on the contrary to the severe drop in domestic consolidated sales volume due to the East Japan Great Earthquake. Sales volume on consignment and supply on the OEM contract expanded in both domestic and overseas markets thanks to an increase in the supply of mini vehicles to Fuji Heavy and Toyota under the OEM in Japan, and sound business in Indonesia.

 According to the forecast announced in February 2012, Daihatsu expects to have a consolidated sales volume of 1.381 million units in full FY2011, up by 7.7%. It expects the domestic sales to be up by 2.4% due to the Mira e:S launched in September and the Move and the Tanto to which the low-fuel consumption technology is applied. In the overseas business, it expects that the sales volume will be up by 4.6%, and that on consignment and supply on the OEM contract be up by 18.0%.

Daihatsu's consolidated sales volume

(units)
FY2008 FY2009 FY2010 FY2011
estimate
Apr.-Dec.
2010
Apr.-Dec.
2011
Oct.-Dec.
2010
Oct.-Dec.
2011
Sales volume in Japan 587,052 567,840 526,500 539,000 399,400 371,900 110,100 142,000
(Mini vehicle) 580,140 561,661 522,000 537,000 396,000 370,000 110,000 141,000
(Non-mini vehicle) 6,912 6,179 5,000 2,000 4,000 2,000 1,000 1,000
Overseas sales volume 357,829 300,621 366,100 383,000 273,400 274,700 91,800 100,600
Daihatsu vehicle total 944,881 868,461 892,600 922,000 672,700 646,600 201,900 242,600
Consigned vehicle in Japan 223,111 220,078 186,300 242,000 150,300 163,600 39,700 71,300
OEM vehicle 65,621 46,967
Overseas consigned vehicle 131,816 138,684 202,800 217,000 144,300 158,300 48,500 50,600
Consigned/OEM (Note 2) 420,548 405,729 389,100 459,000 294,600 321,900 88,200 121,900
Vehicle total 1,365,429 1,274,190 1,281,700 1,381,000 967,400 968,500 290,200 364,500
Consigned engine 470,000 553,000 401,776 n.a. 318,000 246,000 94,300 95,700
Source: Daihatsu Financial Highlight and Results Support Documentation FY2011/Q3 FY2012
NOTES: 1. The 2011 forecast is based on the announcement by Daihatsu in February 2012. It is unchanged from the announcement in October 2011.
2. The data after FY 2010 include the domestic and overseas sales volume on consignment and the supply on the OEM contract.
3. Data of mini vehicles and non-mini vehicles are approximate numbers. Thus, there are some inconsistencies between the totals and the domestic sales volume.

 



FY2011 consolidated results: Daihatsu expects to have sales of 1.57 trillion yen and an operating income of 95 billion yen

 The East Japan Great Earthquake gave aftershocks on the consolidated business results of Daihatsu in the April-December period of 2011. Sales were down by 4.1% to 1.1161 trillion yen, operating income down by 2.5% to 69.2 billion yen and net income down by 10.1% to 34.1 billion yen. Thanks to the launch of the Mira e:S, the results showed recovery in sales by 15.3%, operating income by 49.2% and net income by 32.0% in the October to December period.

 According to the whole fiscal 2011 consolidated business results forecast as announced in February 2012, Daihatsu expects to have sales of 1.57 trillion yen, unchanged from the previous year, operating income of 95 billion yen, down by 8.2%, and net income of 50 billion yen, down by 4.9%.

Daihatsu's consolidated business

(1 million JPY)
FY2008 FY2009 FY2010 FY2011
estimate
Apr.-Dec.
2010
Apr.-Dec.
2011
Oct.-Dec.
2010
Oct.-Dec.
2011
Sales of Daihatsu vehicle 1,132,703 1,085,234 1,113,703 1,090,000 829,185 782,672 252,221 284,150
(Sales in Japan) 812,373 788,513 786,691 770,000 584,727 551,509 173,717 198,736
(Overseas sales) 320,330 296,720 327,012 320,000 244,458 231,162 78,504 85,414
Consigned/OEM 498,691 489,492 445,709 480,000 335,165 333,392 99,012 120,663
Sales total 1,631,395 1,574,727 1,559,412 1,570,000 1,164,350 1,116,066 351,233 404,814
Operating income 38,191 40,747 103,443 95,000 70,945 69,182 18,199 27,148
Income before extraordinary items, income taxes, and minority interests 39,455 43,842 112,215 100,000 75,806 75,814 20,679 29,172
Net income 22,074 21,162 52,555 50,000 37,902 34,074 9,613 12,688
R & D cost 44,209 43,734 38,227 36,000 28,696 25,325 9,060 8,315
Capital expenditure 76,700 36,745 40,614 66,000 27,030 43,346 13,490 17,739
Depreciation 83,654 72,945 63,728 59,000 47,972 45,062 16,232 15,616

Source: Daihatsu Financial Highlight and Results Support Documentation FY2011/Q3 FY2012
NOTE: The FY2011 forecast is according to the announcement by Daihatsu in February 2012, and it is unchanged from the forecast announced in October 2011.

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