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1、FY2023 First Quarter Financial ResultsSUZUKI MOTOR CORPORATIONAugust 4,2023 Suzuki Motor Corporation,2023.All rights reserved.2/30Financial SummarySales increased due to price increase in response to inflation,improved mix from the introduction of new SUVs in India,increase in sales volume owing to

2、mitigating of the impact of production reduction due to semiconductor shortage,and impact on foreign exchange rates.Operating profit increased due to increased sales volume,impact on foreign exchange rates,improvement in change in mix/price,etc.,cost reduction efforts,etc.,absorbing the increase in

3、fixed cost and depreciation expenses.Automobiles:Increased sales and profit owing to increase in sales volume in India,Europe and Japan,and impact on foreign exchange rates,absorbing the increase in fixed costs.Motorcycles:Secured a 7.5%profit margin despite decreased profit.Made progress in improvi

4、ng earnings and business structure through inventory reduction and price increases.Marine:decreased sales due to decreased outboard motor demand in Europe and the United States.We will monitor trends in developed economies.Forecast to be revised upwardsReviewing the exchange rate,and updating the sa

5、les volume based on the regional market outlook,we forecast a record high sales of 5 trillion yen.Operating profit is also expected to increase than the previous fiscal year,taking into account the 38 billion yen increase due to foreign exchange impact,and 8 billion yen decrease due to decrease in s

6、ales volume.Although there are various risks such as the shift to appreciation of the yen,concerns about the economic slowdown in the U.S.and Europe,slowdown in emerging economies,and resurgence in raw material prices,etc.,we will work to improve our competitiveness by promoting capital investment a