FYE2022 |
FYE2023 |
Increase |
Increase |
|
Revenue | 739,260 |
764,702 |
25,442 |
3.4% |
Operating profit | 91,728 |
28,246 |
(63,482) |
(69.2%) |
Profit attributable to owners of the parent | 64,770 |
11,705 |
(53,065) |
(81.9%) |
Although sales were sluggish in Europe and North America, our group's consolidated financial results for the fiscal year set a new record high, increased 3.4% year on year to 764,702 million yen due to strong sales in Japan and Oceania, as well as the impact of the yen’s depreciation and strong local currencies. In terms of profit, operating profit decreased by 69.2% year on year to 28,246 million yen (operating profit ratio 3.7%) due to a worsening cost ratio as a result of the impact of foreign exchange rates and soaring raw material prices, along with an increase in selling, general, administrative and others expense. Profit before income taxes decreased by 74.2% year on year to 23,887 million yen (profit before income taxes ratio: 3.1%), and profit attributable to owners of the parent decreased by 81.9% to 11,705 million yen (ratio of profit attributable to owners of the parent: 1.5%).
Revenue |
Operating profit |
Profit before income taxes |
Profit attributable to owners of the parent |
|
FYE2024 |
710,000 |
59,000 |
56,000 |
39,500 |