Presentation for the Fiscal Year Ended March 31, 2023
May 12, 2023
This datum is based on the data as of March 31, 2022. The opinion and forecast described here is based on our judgment at that time and may possibly be changed without notice.
- Operation results for FY2023
- FY2024 earning forecast
1
1. Summary of Consolidated Financial Results for Fiscal Year Ended Mar 2023
（Million yen） | |||||
FY2022 | FY2023 | Change | Change Ratio | ||
Amount | |||||
Net Sales | 21,722 | 24,628 | 2,906 | 13.4% | |
Operating | |||||
148 | 61 | (87) | (58.7%) | ||
Income | |||||
(Margin) | 0.7% | 0.2% | - | - | |
Ordinary | |||||
354 | 585 | 231 | 65.1% | ||
Income | |||||
Net Income | |||||
(82) | 60 | 142 | - | ||
Attribute to owners | |||||
of parent | |||||
FY2022： | １US$＝112.9 JPY | 2 |
FY2023： | １US$＝135.0 JPY |
1. Highlight
- Despite a series of production adjustments for automobiles, including a shortage of semiconductors, a disruption in the supply chain, and a decline in sales in China, overall sales increased year on year due to the effects of price increases and the weak yen.
- Operating profit declined year on year due to opportunity losses resulting from the aforementioned adjustments to automobile production, as well as rising raw material, energy, and transportation costs, delays operations at the new Tennessee factory and delays improving profitability at the Mexican factory.
- Ordinary income and net income increased year on year, partly due to foreign exchange gains stemming from the depreciation of the yen.
3
1. Quarterly Transition of Sales and Income(Consolidated)
（million yen） | Net Sales(Left axis) | Operationg Income(Right axis) | （million yen） | ||||||
8,000 | 500 | ||||||||
316 | 6,436 | ||||||||
6,235 | 6,309 | ||||||||
5,457 | 5,666 | 5,439 | 5,412 | 5,540 | 5,647 | 200 | |||
156 | 5,330 | ||||||||
4,680 | 104 | 66 | |||||||
49 | 48 | ||||||||
32 | |||||||||
4,000 | 3,736 | -72 | -21 | 0 | |||||
-165 | |||||||||
-329 |
0
-500
1Q | 2Q | 3Q | 4Q | 1Q | 2Q | 3Q | 4Q | 1Q | 2Q | 3Q | 4Q |
FY21
FY22
FY23
FY2022： | １US$＝112.9 JPY | 4 |
FY2023： | １US$＝135.0 JPY |