Suzuki says its consolidated net sales for fiscal year, April 2014 to March 2015, increased by JPY77.2bn (US$646m) to JPY3,015bn, although income fell for the first time in six years.

The company recovered net sales to JPY3tn, which had declined after the financial crisis of 2008.

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Japanese domestic net sales decreased by JPY38.1bn to JPY1,094.6bn year-on-year owing to falling vehicle sales.

However, overseas net sales increased by JPY115.3bn to JPY1,920.9bn year-on-year mainly owing to an increase in India automobile sales.

Suzuki expects a decrease in minicar demand in Japan during the next fiscal year, but forecasts an increase in sales and income compared to this fiscal year mainly due to the increase in overseas sales, including India.

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