Consolidated Earnings Forecast

In projections for the global economy for the next fiscal year, we expect the situation of uncertainty regarding the future to continue due to continuing inflation and monetary tightening and heightened vigilance regarding geopolitical risks, despite expectations of a gradual recovery. However, we perceive ongoing expansion for the business domains toward the realization of carbon neutrality, such as lithium-ion batteries for hybrid vehicles and electric vehicles, and the regular field including ESS and others. We will securely capture these expanding market demands, while in our existing business of automotive batteries and the emergency field of industrial batteries, we will aim to secure revenues by absorbing various cost rises through the promotion of thorough added-value creation and profitability improvement.
    Taking all this into account, for consolidated operating results for the fiscal year ending March 31, 2025, we expect to achieve net sales of ¥590,000 million, operating profit of ¥44,000 million, ordinary profit of ¥44,000 million, and profit attributable to owners of parent of ¥26,000 million.

(Billion yen)

FY2023

FY2024

Change

Actual

Forecast

(May 10, 2024)

(Forecast)-(Actual)

Net Sales

562.9

590.0

27.1

Operating income

41.6

44.0

2.4

(Operating income ratio)

7.4%

7.5%

0.1P

Operating income before amortization of goodwill

42.2

44.5

2.3

(Operating income ratio before amortization of goodwill)

7.5%

7.5%

0.0P

Ordinary income

44.0

44.0

0.0

Profit attributable to owners of parent

32.1

26.0

-6.1

(Net profit ratio)

5.7%

4.4%

-1.3P

Profit attributable to owners of parent before amortization of goodwill

32.6

26.5

-6.1

(Net profit ratio before amortization of goodwill)

5.8%

4.5%

-1.3P

Segment Results Forecast

(Billion yen)

FY2023

FY2024

Change

Actual

Forecast

(May 10, 2024)

(Forecast)-(Actual)

Net sales

Operating income

Net sales

Operating income

Net sales

Operating income

Operating income ratio

Operating income ratio

Operating income ratio

Automotive Batteries (Japan)

94.0

8.1

100.0

8.0

6.0

-0.1

8.6%

8.0%

-0.6P

Automotive Batteries (Overseas)

252.9

15.1

259.0

16.5

6.1

1.4

6.0%

6.4%

0.4P

Industrial Batteries and Power Supplies

109.7

13.2

120.0

13.0

10.3

-0.2

12.0%

10.8%

-1.2P

Automotive Lithiumion Batteries

84.8

2.6

90.0

4.0

5.2

1.4

3.1%

4.4%

1.3P

Specialized Batteries and Others

21.5

3.2

21.0

3.0

-0.5

-0.2

14.9%

14.3%

-0.6P

Total

562.9

42.2

590.0

44.5

27.1

2.3

7.5%

7.5%

0.0P

  • Operating income is operating income before amortization of goodwill and operating income ratio is operating income ratio before amortization of goodwill.