According to the Japan Automobile Manufacturers Association (JAMA), auto sales rose 0.4% year-on-year (y-o-y) in June 2014 to 452,555 units. We highlighted in April that we expected sales to take a hit after the hike in the national consumption tax on April 1 and, true enough, sales contracted in April and May (see 'Auto Sales Set To Decline As Tax Hike Bites', April 4). That said, the decline in sales was not as sharp as we expected and this has prompted us to revise our full-year forecast upwards.

BMI Industry View 7

SWOT 8

Political 10

Economic 11

Business Environment 12

Industry Forecast 14

      Table: Autos Total Market - Historical Data And Forecasts (Japan 2012-2018) 16

Market Overview 17

      Table: Vehicle Production By Company 18

      Table: Vehicle Sales By Company 19

Industry Developments 20

      Table: Biggest Importers Of Car Parts From Japan In 2013 22

Passenger Cars 23

      Table: Passenger Car Market - Historical Data And Forecasts (Japan 2012-2018) 23

      Table: Passenger Car Production By Company 24

      Table: Passenger Car Sales By Company 24

Commercial Vehicles 25

      Table: Commercial Vehicle Market - Historical Data And Forecasts (Japan 2012-2018) 25

      Table: CV Production By Company 25

      Table: CV Sales By Company 26

Motorcycles 27

      Table: Motorcycle Market - Historical Data And Forecasts (Japan 2012-2018) 27

      Table: Motorcycle Production By Brand 30

      Table: Motorcycle Sales By Engine Displacement 30

Suppliers 30

Macroeconomic Forecasts 37

Economic Analysis 37

      Table: Japan - Economic Activity 42

Industry Risk Reward Ratings 43

Asia - Risk/Reward Ratings 43

      Table: BMI Industry Risk/Reward Ratings - Asia-Pacific Autos 46

Company Profile 47

Company Monitor 47

Toyota Motor 50

Nissan Motor 54

Mitsubishi Motors 56

Regional Overview 57

      Table: Vehicle Sales June 2014 (CBUS) 57

Global Industry Overview 63

Global Overview 63

      Table: Passenger Car Sales May 2014 (CBUs) 63

Outperformers Boost European Outlook 63

Trucks Give North America A Lift 64

India Brings Relief To BRICs 66

Demographic Forecast 68

      Table: Japan's Population By Age Group, 1990-2020 ('000) 69

      Table: Japan's Population By Age Group, 1990-2020 (% of total) 70

      Table: Japan's Key Population Ratios, 1990-2020 71

      Table: Japan's Rural And Urban Population, 1990-2020 71

Methodology 72

Industry Forecasts 72

Sector-Specific Methodology 73

Sources 73

Risk/Reward Ratings Methodology 74

      Table: Automotive Risk/Reward Ratings Indicators And Weighting Of Indicators 75

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