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 |
We revised the forecast by segments at the results announcement on November 6, 2024 from the initial forecast announced on May 10, 2024.
<Automotive Batteries (Japan / Overseas), Industrial Batteries and Power Supplies>
Revised the initial forecast to reflect upward performance due to increase in volume or price revisions in the first half
<Automotive Lithium ion Batteries>
Revised the initial forecast downward because of the significant impact of decline in profit of 1Q although the impact of lithium market for HEVs is expected to improve and the volume of batteries for PHEVs is expected to increase in the second half
(Billion yen)
|
FY2023 |
FY2024 |
Change |
Reference. FY2024 |
|||||
|
Actual |
Forecast (November 6, 2024) |
(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 |
8.5 |
6.0 |
0.4 |
100.0 |
8.0 |
|
8.6% |
8.5% |
-0.1P |
8.0% |
|||||
|
Automotive Batteries (Overseas) |
252.9 |
15.1 |
259.0 |
17.5 |
6.1 |
2.4 |
259.0 |
16.5 |
|
6.0% |
6.8% |
0.8P |
6.4% |
|||||
|
Industrial Batteries and Power Supplies |
109.7 |
13.2 |
120.0 |
13.5 |
10.3 |
0.3 |
120.0 |
13.0 |
|
12.0% |
11.3% |
-0.7P |
10.8% |
|||||
|
Automotive Lithiumion Batteries |
84.8 |
2.6 |
90.0 |
2.0 |
5.2 |
-0.6 |
90.0 |
4.0 |
|
3.1% |
2.2% |
-0.9P |
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 |
44.5 |
27.1 |
2.3 |
590.0 |
44.5 |
|
7.5% |
7.5% |
0.0P |
7.5% |
|||||
- Operating income is operating income before amortization of goodwill and operating income ratio is operating income ratio before amortization of goodwill.