1、FY2023 Second Quarter Financial ResultsSUZUKI MOTOR CORPORATIONNovember 7,2023Representative Director and President Toshihiro Suzuki Suzuki Motor Corporation,2023.All rights reserved.2/35Financial SummaryFY2023 2Q Results Summary of 1H(April-September)Net Sales,Operating Profit,Ordinary Profit:Recor

2、d-highTailwind of the weak yenCalming of raw material prices+Overcoming semiconductor shortage andmaintaining production normalizationImprovement of changes in sales compositionincluding price revision Summary of Q2(July-September)Operating profit for Q2 was 129.7 billion yen:an increase of about 30

3、 billion yen compared to Q1Improvement of unit volume increase,change in sales structure,etc.Quality improvement initiatives(reduction of quality-related costs)CoverAccelerate sowing seeds for the future(growth investment)(Increase in R&D expenses and Depreciation Expenses)Solid management of operat

4、ions,based on philosophy of conduct“Three Actuals”Increased profit even as growth investments such as Capex and R&D expenses accelerateContinue these efforts without ending temporarily Suzuki Motor Corporation,2023.All rights reserved.3/35Forecast for the FY2023 Upward revision based on 1H results a

5、nd updates to 2H plans Operating profit is expected to reach a record 430 billion yen(the previous record was 374.2 billion yen in the FY2017)Key AssumptionsUnit sales:Market conditions and uncertainties have been factored inR&D and fixed costs1H:We factored in expenses with business promotion as th

6、e top priority,butslightly below plan(bad profit increase against plan)2H:We factored in expenses with business promotion as the top priority,continuously.Full Year Forecast SummaryStrengthen PDCA within the companyClosely follow the progress of the business planSteady implementation of sowing seeds