Toyo Seikan : Consolidated Financial Results for Third Quarter Year-to-Date FY2022
February 08, 2023
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Consolidated Financial Results
for Third Quarter Year-to-Date FY2022
(From April to December 2022)
February 9, 2023
Contents
FY2022 Q3 Year-to-Date Results
(From April to December 2022)
FY2022 Full-Year Forecast
(From April 2022 to March 2023)
All amounts are rounded down to the nearest hundred million yen.
1
FY2022 Q3 Year-to-Date Results
(From April to December 2022)
COPYRIGHT Toyo Seikan Group Holdings, Ltd. All rights reserved.
3
Summary of FY2022 Q3 Year-to-Date Results
(Compared to the previous year's results)
Net sales increased due to efforts to pass on higher costs to product prices across all business segments and strong growth in the engineering business in North America, while profits dropped due to soaring raw material and energy prices.
(in billions of yen,
FY2021
FY2022
Change
Change %
except for ratios)
Q3 YTD
Q3 YTD
Net sales
615.2
676.4
61.2
10.0%
Operating income
33.9
8.1
-25.8
-76.0%
Operating income
5.5%
1.2%
margin
Ordinary income
42.2
16.3
-25.8
-61.3%
Ordinary income
6.9%
2.4%
margin
Profit attributable
32.3
12.3
-19.9
-61.8%
to owners of parent
COPYRIGHT Toyo Seikan Group Holdings, Ltd. All rights reserved.
4
Factors of Change in Net Sales
(Compared to the previous year's results)
Japan: Sales increased due to efforts to pass on higher costs to product prices amid the rise in raw material and energy prices.
Overseas: Sales grew thanks to strong growth in the engineering business in North America and foreign currency translation effects.
COPYRIGHT Toyo Seikan Group Holdings, Ltd. All rights reserved.
5
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Toyo Seikan Group Holdings Ltd. published this content on 09 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 February 2023 01:49:00 UTC.
Toyo Seikan Group Holdings, Ltd. is a Japan-based packaging container manufacturer. The Company operates in four business segments. The Packing Container Related segment is engaged in the manufacture and sale of cans for canning and other metal products, plastic, glass and paper products, as well as the contract manufacture and sale of aerosol products and general goods filing. The Steel Plate Related segment is engaged in the manufacture and sale of steel and processed steel plates. The Functional Material segment offers disk substrates, optical function films, glazes and gel coat. The Real Estate segment is engaged in the leasing of buildings and commercial facilities. The Others segment is engaged in the manufacture and sale of hard alloy, machineries and tools, agricultural materials, the sale of petroleum products, as well as the insurance agency business.