FINANCIAL RESULTS BRIEFING
（ Fiscal Years Ended March 31, 2025 ）
（Stock Code：7277）
Agenda
- Financial Results for the Fiscal Year Ended March 31, 2025
- Forecast for the Fiscal Year Ended March 31, 2026
- 16th Mid-Term Business Plan
【Speakers】
CEO：Kaoru Ogata
Executive Managing Director：Masato Kobayashi
Executive Managing Officer：Takashi Kubo
General Manager of Business Strategy Division：Shinozaki Keisuke
Ⅰ. Financial Results for the Fiscal Year Ended March 31, 2025(Unit：100 million yen) （Reference）
FY2023 | FY2024 | Changes | ||||
Net Sales | 566.5 | 544.1 | ▲22.4 | ▲4.0% | ||
Operating Income | 9.0 | 1.6% | 9.4 | 1.7% | 0.4 | 4.2% |
Ordinary Income | 8.4 | 1.5% | 3.0 | 0.6% | ▲5.4 | ▲63.3% |
Net Income | 3.3 | 0.6% | ▲12.0 | ▲2.2% | ▲15.3 | ー |
FY2022 | |
535.2 | |
▲6.2 | ▲1.2% |
▲6.2 | ▲1.2% |
▲20.6 | ▲3.8% |
《Exchange Rate》 | FY2023 | FY2024 | Changes |
THB | 4.11 | 4.38 | 6.6% |
INR | 1.75 | 1.81 | 3.4% |
HKD | 17.97 | 19.44 | 8.2% |
CNY | 19.83 | 21.04 | 6.1% |
USD | 140.67 | 151.69 | 7.8% |
FY2022 |
3.84 |
1.69 |
16.81 |
19.50 |
131.63 |
(Unit：100 million yen) （Reference）
FY2023 | FY2024 | Changes | ||||||
Net Sales | Operating Income | Net Sales | Operating Income | Net Sales | Operating Income | |||
Japan | 297.2 | 1.5 | 0.5% | 287.0 | 1.5 | 0.5% | ▲10.2 | 0.0 |
Asia | 192.4 | 10.0 | 5.2% | 180.1 | 9.4 | 5.2% | ▲12.3 | ▲0.6 |
China | 35.1 | ▲0.6 | ▲1.7% | 33.4 | ▲1.0 | ▲3.0% | ▲1.7 | ▲0.4 |
North America | 41.7 | ▲0.3 | ▲0.7% | 43.4 | 0.1 | 0.2% | 1.7 | 0.4 |
Adjustment | ▲1.4 | ▲0.6 | 0.8 | |||||
Total | 566.5 | 9.0 | 1.6% | 544.1 | 9.4 | 1.7% | ▲22.4 | 0.4 |
FY2022 | ||
Net Sales | Operating Income | |
295.3 | ▲4.2 | ▲1.4% |
177.7 | 9.3 | 5.2% |
20.0 | ▲7.2 | ▲36.0% |
42.1 | ▲4.4 | ▲10.5% |
0.3 | ||
535.3 | ▲6.2 | ▲1.2% |
・Japan ：Profitability increased through cost pass-through, in-house production, and cost reduction.
・Asia
：In Thailand, demand declined due to stricter financial regulations and economic downturns. Meanwhile, India
experienced increased revenue and profit as a result of shifting manufacturing operations.
・China
：Demand for large trucks remains weak. Despite reductions in material costs, it remains unprofitable, the same as last year.
production.
・North America ：Production was discontinued, and manufacturing operations were transferred to India to optimize the group's overall