Tachi-s Co., Ltd. TSE:7239
TACHI S : FY2022 Second Quarter Financial Result
Source: MarketScreener
FY2022 Second Quarter
Financial Result
From April 1, 2022 through March 31, 2023
TACHI-S CO.,LTD.
November 25, 2022
Securities Code: 7239 (Tokyo/Prime)
Corporate Overview
Company Name | TACHI-S CO., LTD. |
Corporate Headquarters | 3-3-7,Matsubara-cho,Akishima-shi, Tokyo |
Date of Establishment | April 7, 1954 |
Paid-in Capital | 9.04 billion yen |
Net Sales | 206.4 billion yen (Consolidated) |
(Fiscal Year Ended March 31, 2022) | |
Number of Employees | 10,778 (Consolidated) (As of September 30, 2022) |
Stock Exchange Listing | Tokyo / Prime Market (Securities Code: 7239) |
Business Contents | Manufacturing of automotive seats |
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Contents
FY22 2Q Financial Result
Progress of the Medium-Term Management Plan (TVE*)
Shareholder Return
Topics
※Transformative Value Evolution
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2Q results (consolidated)
Compared to last term
Unit: billion yen (Rounded down to 0.1 billion yen)
21/09 | 22/09 | Change | Change (%) | |||
Sales | 95.4 | 107.9 | 12.5 | 13.1 | ||
Operating profit | -5.6 | -4.3 | 1.3 | - | ||
Ordinary profit or loss | -4.6 | -3.9 | 0.7 | - | ||
Quarterly profit or | -4.7 | 0.1 | 4.8 | - | ||
loss attributable to owners of parent | ||||||
< Overview of financial results for period to September 2022 >
- Although sales volume decreased due to model switching in China in addition to the impacts of the global semiconductor supply shortage and the lockdown in Shanghai, sales increased compared to the same period last year under the impact of foreign currency translation due to the depreciation of the yen.
- Despite the impact of reduced production by customers and the soaring prices of raw materials, operating loss decreased compared to the same period last year due mainly to the effects of cost reductions and rationalization in Central and South America, in addition to the decrease in one-off expenses in the previous fiscal year in North America.
- Quarterly net income returned to the black due to the sale of fixed assets as part of the reorganization of plants and offices based on the medium-term management plan.
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Factors in the changes in results (consolidated)
Sales | (Rounded down to 0.1 billion yen) | |||||
Compared to last term | ||||||
Unit: billion yen | ||||||
107.9 | Region | Change | Rate of change | |||
95.4 | 42.5 | Japan | 7.9 | 23.1% | ||
21.1 | North America | 2.4 | 12.8% | |||
28.6 | Central and | 4.9 | 20.7% | |||
South America | ||||||
0.1 | Europe | -0.2 | -69.0% | |||
14.6 | ||||||
China | -2.3 | -13.9% | ||||
0.8 | ||||||
Southeast Asia | -0.1 | -16.6% | ||||
21/09 | 22/09 | Exchange | 21/09 USD=¥109.90 | RMB=¥16.55 | ||
rate | 22/09 USD=¥131.56 | RMB=¥18.75 |
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