分析师:伊朗战争叠加日元升值,日本车企面临“双重打击”

格隆汇
Aug 17
日本汽车制造商正面临伊朗战争影响与日元升值可能带来的双重冲击。丰田、本田和日产近期均受益于历史性疲软的日元,丰田和本田上调全年业绩预期,日产也实现近两年来首次盈利。但随着日元走强,利好可能逆转。晨星高级股票分析师Vincent Sun表示,日元升值将迫使车企在海外涨价与牺牲利润之间作出选择,前者可能导致市场份额下降,后者则会压缩海外利润折算后的日元价值。伯恩斯坦预计,日元每升值1%,日本车企营业利润通常将受到约2%的影响,部分企业影响幅度可能达到4%。分析师还认为,持续的中东冲突可能推高石脑油、树脂、铝、铜、钢及芯片等关键原材料成本,并增加霍尔木兹海峡和红海航运风险,进一步挤压车企盈利空间。

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