Toyota Motor Corporation Production Plans in November 2021 (2143P)
15 Ottobre 2021 - 09:00AM
UK Regulatory
TIDMTYT
RNS Number : 2143P
Toyota Motor Corporation
15 October 2021
October 15, 2021
TOYOTA MOTOR CORPORATION
Production Plans in November 2021, as of October 15
At Toyota, we have made repeated adjustments to our production
plans since August due to a shortage of parts resulting from the
spread of COVID-19, causing various inconveniences to all parties
concerned. We would like to express our gratitude to all parties
concerned for their immense support in helping us maintain
production.
Our production plans for November are outlined below.
Actual production has remained below planned levels since
August. However, with the cooperation of our suppliers, we have
been thoroughly examining each and every case of possible parts
shortage in the supply chain. As a result, global production volume
in November is expected to reach 850,000 to 900,000 units.
(Reference: Global production volumes were approximately 830,000
units in November 2020 and approximately 500,000 to 600,000 units
each in September and October 2021)
Aiming to make up for previous production shortfalls, we had
initially planned to produce approximately 1 million units, which
is a higher production level. However, since we are still
experiencing a shortage of some parts and will be unable to make up
for previous production shortfalls, we have adjusted our initial
production plans for November. This adjustment will affect
approximately 50,000 units in Japan, and between 50,000 units and
100,000 units overseas; the total number of units affected globally
will be between approximately 100,000 units and 150,000 units.
In response to the continuing shortage of some parts, we will
continue our efforts to strengthen our supply chain. We will
implement thorough anti-COVID-19 measures both at our own plants
and at our suppliers, and since we expect the shortage of
semiconductors to continue in the long-term, we will consider the
use of substitutes where possible. In this way, we will do
everything we can to ensure we deliver as many cars to our
customers as quickly as possible.
Regarding our full-year production forecast for the fiscal year
ending March 31, 2022, we expect to maintain around 9 million units
due to the easing of restrictions on COVID-19 in Southeast Asia,
and the production cutback in September and October is expected to
be 100,000 to 150,000 units, a smaller amount than previously
announced.
Domestic production adjustments for November are detailed in the
table below. We would like to offer our sincerest apologies to our
customers and our suppliers for the various inconveniences these
adjustments may cause.
Suspension of operations in November (6 lines in 4 plants out of
28 lines in 14 plants)
Plants Period of production Production vehicle
suspension
Toyota Tsutsumi Production One day Corolla Sport,
Motor Corporation Plant line #2 5 (Fri) Camry, ES
--------- ----------- --------------------- -----------------------
Toyota Miyata Production Two days 12 (Fri) , NX, CT, UX, UX300e
Motor Kyushu Plant line #1 19 (Fri)
--------- ----------- --------------------- -----------------------
Production One day 12 (Fri) ES, RX
line #2
--------- ----------- --------------------- -----------------------
Toyota Iwate Production Five days C-HR, Aqua
Motor East Plant line #1 4 (Thu), 5 (Fri), 8
Japan (Mon), 12 (Fri), 15
(Mon)
--------- ----------- --------------------- -----------------------
Production Four days Yaris, Yaris Cross,
line #2 4 (Thu), 5 (Fri), 8 Aqua
(Mon), 12 (Fri)
--------- ----------- --------------------- -----------------------
Miyagi Ohira Yaris Cross, Sienta,
Plant Corolla Axio, Corolla
Fielder,
JPN Taxi
---------------------- --------------------- -----------------------
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