FLASH REPORT | ||
February. 8, 2023 | ||
Company name (official) | : KYB Corporation | URL https://www.kyb.co.jp/english/ |
Stock listing | : Tokyo Stock Exchange | (Prime Market) |
Code number | : 7242 | |
Address of head office | : 4-1,Hamamatsu-cho2-chome,Minato-ku, Tokyo 105-5128, Japan | |
Telephone | : +81 3- 3435- 3580 |
For further information, please contact : Tsuyoshi Matsuoka, Manager,
Public Relations & Investor Relations Sect., Executive Office Dept.
The following statements are an English-translation of the original Japanese-language document for your convenience.
In the case that there is any discrepancy between Japanese and English versions, Japanese version is assumed to be correct. (All amounts are rounded to the nearest million yen, unless otherwise noted.)
1. Consolidated financial results for the nine months ended December 31, 2022 ( from April 1, 2022 to December 31, 2022 )
(1) Consolidated operating results | (Percentages indicate the change of the same period of the previous year) | ||
Net sales | Segment profit | Operating profit | Profit before taxes |
Nine months ended December 31, 2022 December 31, 2021
Nine months ended December 31, 2022 December 31, 2021
Nine months ended December 31, 2022 December 31, 2021
Millions of yen % Millions of yen % Millions of yen % Millions of yen %
316,817 | 10.7 | 16,948 | (10.4) | 20,419 | (12.5) | 20,139 | (9.2) |
286,134 | 24.5 | 18,910 | 298.8 | 23,326 | 299.1 | 22,181 | 360.0 |
Profit for the period | Profit attributable to | Comprehensive | Basic earnings | ||||
owners of the parent | income for the period | per share | |||||
Millions of yen | % | Millions of yen | % | Millions of yen | % | Yen | |
16,101 | (12.2) | 14,974 | (13.8) | 21,520 | 2.4 | 558.49 | |
18,334 | 477.6 | 17,374 | 454.0 | 21,010 | 157.6 | 661.39 |
Diluted earnings per share
Yen
558.37
-
*Segment profit is calculated by deducting cost of sales and selling, general and administrative expenses from sales.
(2) Consolidated financial position
Equity | Ratio of equity | Equity attributable to | |||
attributable to | attributable to | ||||
Total assets | Total equity | owners of the parent per | |||
owners | owners of the parent | ||||
share | |||||
of the parent | to total assets | ||||
As of | Millions of yen | Millions of yen | Millions of yen | % | Yen |
December 31, 2022 | 442,381 | 177,084 | 169,368 | 38.3 | 6,140.40 |
March 31, 2022 | 434,187 | 160,914 | 153,411 | 35.3 | 5,508.47 |
1
2. Cash dividends
Annual cash dividends per share
End of | End of | End of | |
first quarter | second quarter | third quarter | |
Yen | Yen | Yen | |
Previous fiscal year | - | 45.00 | - |
Current fiscal year | - | 70.00 | - |
Current fiscal year (forecast) |
Year-end Total
YenYen
60.00 105.00
70.00 140.00
*The above table shows dividends on common shares. Please refer to "(Reference) Dividends for Class Shares" for information regarding dividends on class shares, which are unlisted and have different rights from common shares.
3. Forecasts for the current fiscal year ( April 1, 2022 to March 31, 2023 )
(Percentages indicate the change of the same period of the previous year) | ||||||||
Net sales | Segment profit | Operating profit | Profit before taxes | |||||
Millions of yen | % | Millions of yen | % | Millions of yen | % | Millions of yen | % | |
Current fiscal year | 442,000 | 13.8 | 26,500 | 7.2 | 29,700 | (1.0) | 28,900 | 0.3 |
Profit for the period | Profit | Basic earnings | ||||||
attributable to | ||||||||
per share | ||||||||
owners of the parent | ||||||||
Millions of yen | % | Millions of yen | % | Yen | ||||
Current fiscal year | 21,700 | (9.2) | 20,400 | (9.5) | 761.88 |
*Segment profit is calculated by deducting cost of sales and selling, general and administrative expenses from sales.
(Reference) Dividends for Class Shares
Dividends per share related to Class Shares with different rights from those of common shares are as follows.
Annual cash dividends per share
Class A Shares | Year-end | Total | |||
quarter | quarter | quarter | |||
Yen | Yen | Yen | Yen | Yen | |
Previous fiscal year | - | 1,952,054.80 | - | 3,739,726.00 | 5,691,780.80 |
Current fiscal year | - | 3,760,274.00 | - | ||
Current fiscal year (forecast) | 3,739,726.00 | 7,500,000.00 |
- Number of Class A Shares issued are 125 shares. The Class A Shares were issued on 28 June 2021. Dividend whose reference date is attributed during FY2022 is planned to be 937 million yen.
2
Consolidated Statements of Financial Position
KYB Corporation and its Consolidated Subsidiaries
(Unit: Millions of yen) | ||
As of March 31, 2022 | As of December 31, 2022 | |
Assets | ||
Current assets: | ||
Cash and cash equivalents | 52,118 | 45,588 |
Trade and other receivables | 108,823 | 117,503 |
Inventories | 66,114 | 71,318 |
Other current financial assets | 2,755 | 4,099 |
Other current assets | 10,611 | 10,791 |
Total current assets | 240,421 | 249,298 |
Non-current assets: | ||
Property, plant and equipment | 159,803 | 157,805 |
Goodwill | 266 | 265 |
Intangible assets | 3,549 | 3,241 |
Investments accounted for using the equity method | 6,484 | 7,191 |
Other non-current financial assets | 14,545 | 14,844 |
Other non-current assets | 7,204 | 7,578 |
Deferred tax assets | 1,916 | 2,159 |
Total non-current assets | 193,766 | 193,084 |
Total assets | 434,187 | 442,381 |
3
(Unit: Millions of yen) | ||
As of March 31, 2022 | As of December 31, 2022 | |
Liabilities and equity | ||
Current liabilities: | ||
Trade and other payables | 81,737 | 83,537 |
Borrowings | 65,815 | 68,761 |
Income tax payables | 3,168 | 1,402 |
Other current financial liabilities | 30,495 | 26,449 |
Provisions | 13,920 | 13,881 |
Other current liabilities | 3,237 | 1,720 |
Total current liabilities | 198,371 | 195,751 |
Non-current liabilities: | ||
Bonds and borrowings | 25,041 | 22,046 |
Liabilities for retirement benefits | 4,629 | 4,796 |
Other non-current financial liabilities | 27,830 | 25,801 |
Provisions | 8,612 | 7,785 |
Other non-current liabilities | 716 | 580 |
Deferred tax liabilities | 8,074 | 8,540 |
Total non-current liabilities | 74,902 | 69,547 |
Total liabilities | 273,273 | 265,298 |
Equity | ||
Equity attributable to owners of the parent: | ||
Share capital | 27,648 | 27,648 |
Capital surplus | 38,351 | 38,357 |
Retained earnings | 76,007 | 86,618 |
Treasury shares | (605) | (582) |
Other components of equity | 12,010 | 17,328 |
Total equity attributable to owners of the parent | 153,411 | 169,368 |
Non-controlling interests | 7,503 | 7,716 |
Total equity | 160,914 | 177,084 |
Total liabilities and equity | 434,187 | 442,381 |
4
Consolidated Statements of Income
KYB Corporation and its Consolidated Subsidiaries
(Unit: Millions of yen) | ||
For the nine months | For the nine months | |
ended December 31, 2021 | ended December 31, 2022 | |
(Apr. 1, 2021 through Dec. 31, 2021) | (Apr. 1, 2022 through Dec. 31, 2022) | |
Net sales | 286,134 | 316,817 |
Cost of sales | 227,047 | 255,289 |
Gross profit | 59,087 | 61,528 |
Selling, general and administrative expenses | 40,176 | 44,579 |
Equity in profit of affiliates | 429 | 781 |
Other income | 1,439 | 2,338 |
Other expenses | (2,548) | (352) |
Operating profit | 23,326 | 20,419 |
Finance income | 675 | 881 |
Finance costs | 1,820 | 1,161 |
Profit before taxes | 22,181 | 20,139 |
Income tax expenses | 3,847 | 4,039 |
Profit for the period | 18,334 | 16,101 |
Profit attributable to: | ||
Owners of the parent | 17,374 | 14,974 |
Non-controlling interests | 960 | 1,127 |
Profit for the period | 18,334 | 16,101 |
Earnings per share | ||
Basic earnings per share (in yen) | 661.39 | 558.49 |
Diluted earnings per share (in yen) | - | 558.37 |
5
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
KYB Corporation published this content on 08 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 February 2023 07:13:22 UTC.