Sumitomo Riko : Financial Results for 3rd Quarter of FY2021
January 31, 2022 at 03:11 am
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Financial Results for 3rd Quarter of FY2021
January 31, 2022
Sumitomo Riko Company Limited
1. Consolidated Statements 〔IFRS〕 (from April 1, 2021 to December 31, 2021)
1) Consolidated Profit/loss
(100 millions of yen)
Q3 FY2020
Q3 FY2021
Year on year
(Nine-month period)
(Nine-month period)
grow th
Net sales
2,838
3,215
+377
+13.3%
Business profit
7
11
+4
+66.4%
Other income and expenses
△50
△1
+49
-
Operating profit
△44
10
+54
-
Financial income and expenses
△7
△6
+1
-
Profit before income taxes
△51
4
+55
-
Income tax expense
△14
△35
-20
-
Profit for the period
△65
△31
+34
-
Profit attributable to ow ners of the parent company
△73
△46
+26
-
Non-controlling interests
7
16
+8
x 2.3
(Note) Business profit is presented by subtracting Cost of sales and Selling, general and administrative expenses from Net sales, and by adding Equity in earnings/losses of associates.
2) Results by Business Segment
(100 millions of yen)
Q3 FY2020
Q3 FY2021
Year on year
(Nine-month period)
(Nine-month period)
grow th
Automotive Products
2,451
2,772
+321
+13.1%
Net sales
General Industrial Products
387
444
+57
+14.7%
Consolidated Total
2,838
3,215
+377
+13.3%
Business
Automotive Products
△6
△24
-18
-
General Industrial Products
13
35
+22
x 2.7
profit
Consolidated Total
7
11
+4
+66.4%
3) Results by Geographical Segment
(100 millions of yen)
Q3 FY2020
Q3 FY2021
Year on year
(Nine-month period)
(Nine-month period)
grow th
Japan
1,256
1,417
+161
+12.8%
Americas
563
679
+116
+20.6%
Net sales
Asia
1,028
1,217
+190
+18.5%
Europe and Others
319
346
+27
+8.5%
Eliminations or Corporate
△327
△444
-117
-
Consolidated Total
2,838
3,215
+377
+13.3%
Japan
△38
△1
+37
-
Americas
△38
△80
-42
-
Business
Asia
98
110
+12
+11.7%
profit
Europe and Others
△15
△14
+0
-
Eliminations or Corporate
△1
△3
-2
-
Consolidated Total
7
11
+4
+66.4%
(Note) Before elimination of intersegment transactions. Monetary amounts and percentage figures are rounded off to the nearest specified unit.
4) Exchange Rate (Average Rate)
Q3 FY2020
Q3 FY2021
Year on year
(Nine-month period)
(Nine-month period)
grow th
Yen/USD
106.12
111.11
+4.99
+4.7%
Yen/EUR
122.38
130.63
+8.25
+6.7%
Yen/RMB
15.44
17.25
+1.81
+11.7%
Yen/THB
3.39
3.42
+0.03
+0.9%
Yen/MXN
4.84
5.48
+0.64
+13.2%
Yen/BRL
19.73
20.73
+1.00
+5.1%
(Note) Monetary amounts and percentage figures are rounded off to the nearest specified unit.
2. FY2021 consolidated results forecast (from April 1, 2021 to March 31, 2022)
*The forecast for FY2021 remain unchanged from the previous announcement on November 1.
Profit
Profit
Profit
attributable to
Profit
attributable
Business
Operating
before
ow ners of
Net sales
for
to ow ners of
profit
profit
income
the parent
the year
the parent
taxes
company per
company
share (basic)
100 millions
100 millions
100 millions
100 millions
100 millions
100 millions
Yen
of yen
of yen
of yen
of yen
of yen
of yen
Forecast FY2021 *
4,550
60
35
25
△21
△43
△41.42
Prior period results (FY2020)
3,979
79
2
△6
△34
△50
△47.74
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Sumitomo Riko Company Limited published this content on 31 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 January 2022 03:10:01 UTC.
Sumitomo Riko Company Limited, formerly Tokai Rubber Industries, Ltd., is a manufacturer of rubber and resin products for automobile use. The Company operates in two business segments. The Automobile Supplies segment manufactures anti-vibration rubbers, hoses and interior parts for automotive use. The General Industrial Supplies segment produces precision resin blade roll, anti-vibration rubber for vehicles, housing, bridges, and electronic equipment, high-pressure hoses, transport hoses, among others.
SUMITOMO RIKO COMPANY LIMITED 
