Shoei : Financial Results for the Second Quarter of the Fiscal Year Ending September 30,2023
June 15, 2023 at 02:15 am
Share
Securities Code: 7839
Tokyo Stock Exchange, Prime Market
SHOEI CO., LTD.
Financial Results for the Second Quarter of the Fiscal Year Ending September 30, 2023
CONTENTS
Ⅰ
Financial Results for the Second Quarter of
the Fiscal Year Ending September 30, 2023
P. 2
Ⅱ
Forecasts for the Fiscal Year Ending September 30, 2023
P. 9
(At present, no changes are made.)
1
Ⅰ . Financial Results for the Second Quarter of the Fiscal Year Ending September 30, 2023
(1) Financial Highlights
Key points of the financial results for the Second Quarter of the Fiscal Year Ending September 30, 2023
We achieved the production and sales plans laid out at the beginning of the fiscal year. Sales recorded by
our subsidiaries were also generally in line with the plans. The number of units sold increased 1.6% year on year, to 5,000.
Net sales increased 13.2% year on year, reflecting across-the-board price increases in October 2022 and rises in unit prices resulting from the launch of new models, as well as the weakening of the yen. Operating income climbed 24.8% year on year, reflecting lower-than-expected general and administrative
expenses on top of (ii) above, more than offsetting increases in the costs of materials and electricity, among other costs.
Net Sales
(Million yen)
Operating Income
Profit Attributable to Owners of Parent
16,000
15,216
6,000
(Million yen)
4,000
(Million yen)
5,000
13,439
3,456
12,000
4,923
3,000
4,000
3,944
2,000
2,714
8,000
3,000
2,000
4,000
1,000
1,000
0
0
0
FY2022.9
FY2023.9
FY2022.9
FY2023.9
FY2022.9
FY2023.9
(Second Quarter()Second Quarter)
(Second Quarter)
(Second Quarter)(Second Quarter)
(Second Quarter)
Average foreign exchange rates for the term (the Second Quarter of the FY ending Sep. 2023) US$/JPY=137.81, EUR/JPY=143.48 Overseas subsidiary conversion rates (end of December 2022) US$/JPY=132.70, EUR/JPY=141.47
3
(2) Consolidated Sales Volume and Net Sales by Region
Consolidated Sales Volume and Net Sales by Region
Sales Volume
+5 thousand
(Thousand units)
400
379
385
1.6%
Other
34
+6 thousand
28
China
21.4%
41
82
+41 thousand
300
North
+101.8%
America
81
43
-38 thousand
-47.5%
200
Europe
-1 thousand
145
144
-0.7%
100
Japan
-1 thousand
83
81
-2.4%
0
2022/9 2023/9
FY2022.9 FY2023.9
(Second2QQuarter) (Second2Q Quarter)
Net Sales
+¥1,776 million
(Million yen)
16,000
15,216
13.2%
1,180
+¥174 million
13,439
17.4%
Other
+¥1,611 million
1,005
3,006
+115.5%
12,000
China
1,395
-¥756 million
North
1,749
America
-30.2%
2,505
8,000
Europe
6,143
+¥620 million
5,522
11.2%
4,000
Japan
3,136
+¥125 million
3,010
4.2%
0
2023/9
2022/9
FY2022.9
FY2023.9
2Q
2Q
(Second Quarter) (Second Quarter)
4
Attachments
Original Link
Original Document
Permalink
Disclaimer
Shoei Co. Ltd. published this content on 15 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 June 2023 01:14:04 UTC.
SHOEI CO., LTD. is a Japan-based company mainly engaged in the manufacturing and sales of motorcycle helmets. The Company is engaged in the manufacturing and sales of helmets for motorcycles, government and other official use, as well as the sales of helmet parts and other products. Through its subsidiaries, the Company is also engaged in the agency administration business and marketing business, as well as the sales of helmets and related components in the Europe and North American areas.