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)

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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

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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.

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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.