Akio Toyoda, Chairman of the Japan Automobile Manufacturers Association, asks if customers and working employees can understand the fact that there are a series of withdrawal movements among global companies based in Russia. He expressed his intention to carefully decide the response while considering the points.
After Russia's military invasion of Ukraine, French automaker Renault has been withdrawing from Russia among global companies, such as transferring the shares of a local subsidiary, and Japanese automakers are now in the field. Production has stopped.
Regarding this, Toyoda, the chairman of the Japan Automobile Manufacturers Association, said in an online meeting on the 19th, "The automobile industry is an industry that consumers are dealing with and has many stakeholders = stakeholders. It includes customers who own more than 500 million cars. "
After that, he said about the future Russian business, "There is no choice but to continue responding while paying close attention to the situation without hanging the axis of gaining understanding and sympathy from stakeholders all over the world," from customers and working employees. He expressed his intention to carefully decide the response while considering whether it can be understood.
On the other hand, regarding the fact that the prices of raw materials such as iron remain high, the Japan Automobile Manufacturers Association estimates that the profits of all member companies this year will be reduced by 2.5 trillion yen from the previous year on an operating income basis. I made it clear.