Consolidated Earnings Forecast

Although the business environment in the next fiscal year is expected to remain uncertain, especially in the first half of the year, due to continued inflation, we recognize that our business areas will expand in order to achieve carbon neutrality. As the first year of the Sixth Mid-Term Management Plan, we aim to secure earnings by expanding demand for batteries for HEVs, increasing sales volume of lead-acid batteries overseas, and promoting efforts to correct selling prices and reduce costs in response to various cost increases.
Based on the above, we forecast consolidated net sales of 580 billion yen, operating income of 33 billion yen, ordinary income of 27 billion yen, and net income attributable to owners of the parent of 14 billion yen for fiscal year 2023.

(Billion yen)

FY2022

FY2023

Change

Actual

Forecast

(May 11, 2023)

(Forecast)-(Actual)

Net Sales

517.7

580.0

62.3

Operating income

31.5

33.0

1.5

(Operating income ratio)

6.1%

5.7%

-0.4P

Operating income before amortization of goodwill

32.1

34.0

1.9

(Operating income ratio before amortization of goodwill)

6.2%

5.9%

-0.3P

Ordinary income

24.2

27.0

2.8

Profit attributable to owners of parent

13.9

14.0

0.1

(Net profit ratio)

2.7%

2.4%

-0.3P

Profit attributable to owners of parent before amortization of goodwill

14.4

15.0

0.6

(Net profit ratio before amortization of goodwill)

2.8%

2.6%

-0.2P

Segment Results Forecast

(Billion yen)

FY2022

FY2023

Change

Actual

Forecast

(May 11, 2023)

(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)

878

6.5

94.0

5.5

6.2

-1.0

7.5%

5.9%

-1.6P

Automotive Batteries (Overseas)

247.3

13.3

252.0

15.0

4.7

1.7

5.4%

6.0%

0.6P

Industrial Batteries and Power Supplies

99.2

8.8

111.0

9.0

11.8

0.2

8.9%

8.1%

-0.8P

Automotive Lithiumion Batteries

65.4

2.0

103.0

4.0

37.6

2.0

3.0%

3.9%

0.9P

Specialized Batteries and Others

18.0

1.4

20.0

0.5

2.0

-0.9

7.7%

2.5%

-5.2P

Total

5,177

32.1

580.0

340

62.3

19

6.2%

5.9%

-0.3P

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