Regarding the consolidated operating results for the fiscal year ending March 31, 2025, we expected 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. However, we revised the forecast by segments at the results announcement on February 5, 2025 from the previous forecast announced on November 6, 2024.
Operating profit is expected to exceed the previous forecast due to factors such as increased sales of automotive batteries and industrial batteries and power supplies, and efforts to correct sales prices. Although there has been an improvement in operating profit, ordinary profit is expected to remain unchanged from the previous forecast due to factors such as increased interest payments at the Turkey site and a deterioration in foreign exchange losses. Profit attributable to owners of the parent is expected to exceed the previous forecast due to factors such as a decrease in profit attributable to non-controlling interests.
(Billion yen)
|
FY2023 |
FY2024 |
Change |
Reference. FY2024 |
|
|
Actual |
Forecast (February 5, 2025) |
(Forecast)-(Actual) |
Forecast (May 10, 2024) |
|
|
Net Sales |
562.9 |
590.0 |
27.1 |
590.0 |
|
Operating income |
41.6 |
47.0 |
5.4 |
44.0 |
|
(Operating income ratio) |
7.4% |
8.0% |
0.6P |
7.5% |
|
Operating income before amortization of goodwill |
42.2 |
47.8 |
5.6 |
44.5 |
|
(Operating income ratio before amortization of goodwill) |
7.5% |
8.1% |
0.6P |
7.5% |
|
Ordinary income |
44.0 |
44.0 |
0.0 |
44.0 |
|
Profit attributable to owners of parent |
32.1 |
27.0 |
-5.1 |
26.0 |
|
(Net profit ratio) |
5.7% |
4.6% |
-1.1P |
4.4% |
|
Profit attributable to owners of parent before amortization of goodwill |
32.6 |
27.8 |
-4.8 |
26.5 |
|
(Net profit ratio before amortization of goodwill) |
5.8% |
4.7% |
-1.1P |
4.5% |
We revised the forecast by segments at the results announcement on February 5, 2025 from the previous forecast announced on November 6, 2024.
<Automotive Batteries (Japan / Overseas), Industrial Batteries and Power Supplies>
Revised the forecast to reflect upward performance due to increase in volume or price revisions and the impact of yen depreciation
<Automotive Lithium-ion Batteries>
Revised the forecast downward as it will be difficult to make up for the negative impact such as decrease in sales volume for PHEVs, although the spread between raw materials and sales prices and improvements in sales volume for HEVs are progressing
(Billion yen)
|
FY2023 |
FY2024 |
Change |
Reference. FY2024 |
|||||
|
Actual |
Forecast (February 5, 2025) |
(Forecast)-(Actual) |
Initial Forecast (May 10, 2024) |
|||||
|
Net sales |
Operating income |
Net sales |
Operating income |
Net sales |
Operating income |
Net sales |
Operating income |
|
|
Operating income ratio |
Operating income ratio |
Operating income ratio |
Operating income ratio |
|||||
|
Automotive Batteries (Japan) |
94.0 |
8.1 |
100.0 |
9.0 |
6.0 |
0.9 |
100.0 |
8.0 |
|
8.6% |
9.0% |
0.4P |
8.0% |
|||||
|
Automotive Batteries (Overseas) |
252.9 |
15.1 |
264.0 |
17.8 |
11.1 |
2.7 |
259.0 |
16.5 |
|
6.0% |
6.7% |
0.7P |
6.4% |
|||||
|
Industrial Batteries and Power Supplies |
109.7 |
13.2 |
115.0 |
17.0 |
5.3 |
3.8 |
120.0 |
13.0 |
|
12.0% |
14.8% |
2.8P |
10.8% |
|||||
|
Automotive Lithiumion Batteries |
84.8 |
2.6 |
90.0 |
1.0 |
5.2 |
-1.6 |
90.0 |
4.0 |
|
3.1% |
1.1% |
-2.0P |
4.4% |
|||||
|
Specialized Batteries and Others |
21.5 |
3.2 |
21.0 |
3.0 |
-0.5 |
-0.2 |
21.0 |
3.0 |
|
14.9% |
14.3% |
-0.6P |
14.3% |
|||||
|
Total |
562.9 |
42.2 |
590.0 |
47.8 |
27.1 |
5.6 |
590.0 |
44.5 |
|
7.5% |
8.1% |
0.6P |
7.5% |
|||||
- Operating income is operating income before amortization of goodwill and operating income ratio is operating income ratio before amortization of goodwill.