Toyota Motor Corporation Changes to Production Plans for September&October (3877L)
10 Septiembre 2021 - 2:00AM
UK Regulatory
TIDMTYT
RNS Number : 3877L
Toyota Motor Corporation
10 September 2021
September 10, 2021
TOYOTA MOTOR CORPORATION
Changes to Production Plans for September and October 2021
Due to a shortage of certain parts caused by the spread of
COVID-19 in Southeast Asia, Toyota is making further adjustments to
our production operations for September, and is reviewing our
production plans for October. As for September, it is in addition
to the adjustment of production operations announced on Aug. 19 (
Adjustments to Domestic Production in September ). We sincerely
apologize to our customers and suppliers for any inconvenience that
may be caused by these changes.
The global production volume affected by these adjustments will
be approximately 70,000 units (40,000 units overseas and 30,000
units in Japan) for September and 330,000 units (180,000 units
overseas and 150,000 units in Japan) for October, compared to the
production plan as of August.
Regarding the full-year production forecast for the fiscal year
ending March 31, 2022, we are adjusting the expected volume to 9
million units due to the impact of the production cut, down from
the 9.3 million units forecast. Although the outlook for November
and beyond is unclear, current demand remains very strong. As a
result, the production plan for November and beyond assumes that
the previous plan will be maintained.
Key reasons for the production adjustment include a decline in
operations at several local suppliers due to the prolonged spread
of COVID-19 in Southeast Asia and the impact of tighter
semiconductor supplies. Although our plants and suppliers are
taking thorough quarantine and vaccination measures in response to
the pandemic in Southeast Asia, the spread of COVID-19 infections
remains unpredictable, making it difficult to maintain operations
due to lockdowns at various locations, and we are working to
transfer production to other regions.
As the demand for semiconductors in all industries continues to
increase, we are continuously assessing the situation and
discussing medium- to long-term countermeasures with related
companies. Our focus remains on doing everything we can to deliver
as many cars as possible to our customers as quickly as possible,
such as shifting our production plans to models with high
demand.
Regarding full-year operating income, there is no change to the
forecast of 2.5 trillion yen announced in our FY2022 First Quarter
Financial Results summary in August.
Additional domestic production adjustments in September are as
follows. We are continuing to assess expected production in
October, and we will announce additional details in
mid-September.
Additional suspension of domestic operations in September
(10 lines in 9 plants out of 28 lines in 14 plants)
Plants Period of production Production vehicle
suspension
Toyota Takaoka Production 27 (Mon), 28 (Tue), Corolla/Corolla Touring
Motor Corporation Plant line #1 29 (Wed), 30 (Thu)
--------- -------------- --------------------- -------------------------
Tsutsumi Production 24 (Fri), 27 (Mon) Corolla Sport, Camry,
Plant line #2 ES
--------- -------------- --------------------- -------------------------
Tahara Production 17 (Fri), 20 (Mon), Land Cruiser Prado, GX,
line #1 4Runner
Plant 21 (Tue)
--------- -------------- --------------------- -------------------------
Toyota Miyata Production 24 (Fri), 27 (Mon), NX, CT, UX, UX300e
Motor Kyushu Plant line #1
28 (Tue)
--------- -------------- --------------------- -------------------------
Production 24 (Fri) ES, RX
line #2
--------- -------------- --------------------- -------------------------
Toyota Iwate Production 27 (Mon) Yaris, Yaris Cross, Aqua
Motor East Plant line #2
Japan
--------- -------------- --------------------- -------------------------
Miyagi Ohira Plant 27 (Mon) Yaris Cross, Sienta,
Corolla Axio,
Corolla Fielder,
JPN Taxi
------------------------- --------------------- -------------------------
Toyota Fujimatsu Production 17 (Fri) Land Cruiser 70
Auto Body Plant line #1
------------ ----------- --------------------- -------------------------
Yoshiwara Production 17 (Fri) Land Cruiser 70
Plant line #2
------------ ----------- --------------------- -------------------------
Hino Motors, Hamura Production 17 (Fri), 20 (Mon), Land Cruiser Prado, FJ
Ltd. Plant line #1 Cruiser
21 (Tue)
------------ ----------- --------------------- -------------------------
END
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