Company's interim financial results Downward revision of the earnings forecast in the manufacturing industry One after another October 30 18:49

In the interim financial results of listed companies, which are making full-scale announcements, there are a number of manufacturing industries that have revised their annual business forecast downwards against the backdrop of the decline in overseas economies such as China.

Hitachi, Ltd., which announced the interim financial results on the 30th, has revised its forecast for the current fiscal year until March next year downward.

Sales are expected to be 8.70 trillion yen, 300 billion yen less than the previous forecast, and operating profit, which represents the profit of the main business, is expected to be 685.0 billion yen, 80 billion yen less.

This is due to the slowdown in overseas economies such as China, which has led to a drop in demand for metal materials and semiconductors for automobiles, as well as a revised yen exchange rate estimated from this month.

Hitachi, Ltd. Mitsuaki Nishiyama said at a press conference, “We will take measures such as reducing fixed costs on the assumption that sales will not recover significantly in the second half of this fiscal year, with the expectation that the harsh business environment will continue mainly in China. I want to proceed. "

Komatsu, a major construction machinery company, has revised its earnings forecast for the current fiscal year downward, and sales will be 2,472.0 billion yen, a decrease of 145.0 billion yen, and operating income will be 279.0 billion yen, a decrease of 58 billion yen. It is.

The main factor is that demand for construction machinery is less than expected, as the global economy slows against the backdrop of trade friction between the United States and China.

Hino Motors also revised its annual business forecast downward due to a drop in sales in the main market of Indonesia.

Sales are estimated to be 1.09 trillion yen, 60 billion yen less than the previous forecast, and operating income will be 68.0 billion yen, 22 billion yen less than the previous forecast. The slowdown in the global economy is affecting the performance of the manufacturing industry.