3. | Forecasts of Consolidated Financial Results for the Fiscal Year Ending March 31, 2023 (April 1, 2023 – March 31, 2024) |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | (% of change from FY2023) |
| | Net sales | | | Operating income | | | Ordinary income | | | Profit attributable to owners of parent | | | Profit per share |
| | Millions of yen | | % | | | Millions of yen | | % | | | Millions of yen | | % | | | Millions of yen | | % | | | Yen |
FY 2024 | | 1,700,000 | | | 12.8 | | | 20,000 | | | 14.9 | | | 15,000 | | | -5.0 | | | 10,000 | | | — | | | 17.42 |
*Notes
(1) | Changes in significant subsidiaries (changes of specified subsidiaries resulting in changes in scope of consolidation) during the current term: None |
(2) | Changes in accounting policies, accounting estimates and restatements: |
| 1) | Changes in accounting policies due to revisions of accounting standards: None |
| 2) | Changes in accounting policies due to reasons other than above 1): None |
| 3) | Changes in accounting estimates: None |
(3) | Number of outstanding shares (common stock) |
| 1) | Number of outstanding shares (including treasury stock) at end of term |
| | FY 2023 574,580,850 shares FY 2022 574,580,850 shares |
| 2) | Number of treasury stock at end of term |
| | FY 2023 554,114 shares FY 2022 553,582 shares |
| 3) | Average number of shares |
| | FY 2023 574,027,093 shares FY 2022 574,027,580 shares |
(Reference) Overview of Non-Consolidated Financial Results
1. | Non-Consolidated Financial Results for the Fiscal Year Ended March 31, 2023 (April 1, 2022 – March 31, 2023) |
(1) | Non-Consolidated Financial Results |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | (% of change from previous year.) | |
| | Net sales | | | Operating income | | | Ordinary income | | | Profit | |
| | Millions of yen | | | % | | | Millions of yen | | | % | | | Millions of yen | | | % | | | Millions of yen | | | % | |
FY 2023 | | | 832,061 | | | | -3.7 | | | | -15,761 | | | | — | | | | -25,743 | | | | — | | | | -119,189 | | | | — | |
FY 2022 | | | 863,642 | | | | — | | | | -3,003 | | | | — | | | | 11,611 | | | | — | | | | -88,599 | | | | — | |
| | | | | | | | |
| | Profit per share | | | Diluted Profit per share | |
| | Yen | | | Yen | |
FY 2023 | | | -207.59 | | | | — | |
FY 2022 | | | -154.31 | | | | — | |
| | |
(Note) | | The Accounting Standard for Revenue Recognition (ASBJ Statement No. 29; March 31, 2020), etc. were applied from the beginning of the previous accounting period. Accordingly, the figures for the fiscal year ending March 2022 reflect said accounting standard, etc., and increase/decrease rates from the previous year are not indicated. |
(2) | Non-Consolidated Financial Position |
| | | | | | | | | | | | | | | | |
| | Total assets | | | Net assets | | | Equity ratio | | | Net assets per share | |
| | Millions of yen | | | Millions of yen | | | % | | | Yen | |
FY 2023 | | | 832,468 | | | | 195,566 | | | | 23.5 | | | | 340.62 | |
FY 2022 | | | 780,850 | | | | 309,968 | | | | 39.7 | | | | 539.87 | |
(Reference) Equity capital: FY 2023: ¥195,566 million FY 2022: ¥309,968 million
<Reasons for the difference in non-consolidated results from the previous fiscal year>
In FY2023, our company saw operating loss worsening, due to the skyrocketing prices of materials in addition to the impact of the suspension of shipment caused by the misconduct of our company. In non-consolidated financial results, we posted ¥32,031 million as the provision of allowance for doubtful accounts accompanying the loans receivable from consolidated subsidiaries in the section of non-operating expenses, so ordinary loss worsened. For details, please refer to “3 Consolidated Financial Statements and Major Notes (5) Notes to Consolidated Financial Statements (Additional Information)” on page 14 of the attachment.
* | Summary of financial results is out of scope of audit by Certified Public Accountants or Audit companies. |
* | Statement regarding the proper use of financial forecasts and other remarks |
Descriptions regarding the future, including the financial projections contained in this report, are based on certain assumptions currently available to the Company, which are, at the discretion of the Company, deemed reasonable, and the Company gives no guarantees that it will achieve these results. In addition, actual financial results may significantly vary due to various factors.