Financial Review
The Results of FY2022 Ended March 31, 2023
May 12, 2023
Disclaimer
This presentation contains forward looking statements which reflect Management's current views and estimates. The forward looking statements involve certain risks and uncertainties, which may cause actual results to differ materially from those contained in the forward looking statements. Potential risks and uncertainties include such factors as general economic conditions, foreign exchange fluctuations, competitive product and pricing pressures and regulatory developments.
May 12, 2023 Financial Results of FY 2022 Ended March 31, 2023
Reminders
- All amounts are in JPY (unless otherwise noted).
- "Mass Production'' in the context of factors affecting operating profit, means assembly and transmission parts.
- ''Non-MassProduction'' in the context of factors affecting operating profit, means equipment, die and new model prototype.
- North America Segment excludes G-ONE AUTO PARTS DE MEXICO, S.A. DE C.V. (G-ONE).
- Financial statements are available in '' Summary of Consolidated Financial Results for the Year Ended March 31st, 2023 (Based on Japanese GAAP)'' disclosed at G-TEKT official website on
May 12th, 2023.
https://ssl4.eir-parts.net/doc/5970/ir_material_for_fiscal_ym11/135835/00.pdf
May 12, 2023 Financial Results of FY 2022 Ended March 31, 2023
FY2022 Full Year Performance Highlights | Apr. - Mar. |
(in JPY billion)
NET SALES | ||
¥ 314.3B | (YOY variance) | |
32.9% | ||
OPERATING PROFIT | ||
¥ 12.8B | (YOY variance) | |
17.4% | ||
EPS | ||
¥ 238.87 | (YOY variance) | |
15.6% | ||
May 12, 2023 Financial Results of FY 2022 Ended March 31, 2023 |
- The number of the production increased due to the ease of semiconductor shortage.
- Also, Increase in the sales of die equipment, reflection of expenses for infrastructure, and the effect of foreign exchange rates led the sales increase.
Due to the positive earning in Q4, upward revision was made in previous FY2022 financial outlook.
Outlook | Change | Rate of | FY2022 | Currency | |
Revised in | |||||
Change | Apr. - Mar. | effects | |||
Feb | |||||
Net sales | 311.0 | 3.3 | 1.1% | 314.3 | 3.0 |
Operating profit | 10.3 | 2.5 | 24.6% | 12.8 | 0.1 |
Operating profit margin | 3.3% | +0.8pt | - | 4.1% | - |
Net income attributable to | 7.6 | 2.7 | 35.1% | 10.3 | 0.1 |
owners of parent | |||||
EPS (¥) | 176.76 | 62.11 | 35.1% | 238.87 | - |
FY2022 Financial Results | Apr. - Mar. |
FY2021 | Change | YOY | 3M-2022 | FY2022 | Currency | |
(in JPY billion) | Apr. - Mar. | variance | Jan. - Mar. | Apr. - Mar. | effects | |
Net sales | 236.5 | 77.8 | 32.9% | 78.6 | 314.3 | 403 |
Operating profit | 10.9 | 1.9 | 17.4% | 2.6 | 12.8 | 14 |
Operating profit margin | 4.6% | -0.5pt | - | 3.3% | 4.1 | - |
Net income attributable | 8.9 | 1.4 | 15.7% | 1.9 | 10.3 | 1.0 |
to owners of parent | ||||||
EPS (¥) | 206.68 | 32.19 | 15.6% | 43.37 | 238.87 | - |
May 12, 2023 Financial Results of FY 2022 Ended March 31, 2023