In the first three months of the fiscal year ending March 31, 2024, the global economy continued to experience inflation due to increased energy prices and rising commodity prices despite showing signs of a gradual recovery thanks to factors such as the progression of the recovery of the supply chain and automobile production volume heading toward recovery. Monetary tightening policies are implemented globally, and the outlook continues to be uncertain, with the risk of an economic downturn, financial market volatility, etc.
In this economic environment, the GS Yuasa Group’s consolidated net sales for the first three months of the fiscal year ending March 31, 2024 totaled ¥120,540 million, up ¥9,111 million or 8.2%, from the same period of the previous fiscal year. This increase in Group sales mainly reflects an increase in sales volume of lithium-ion batteries for hybrid vehicles and the progression of measures to revise sales prices. In line with this, operating profit came to ¥4,836 million (operating profit before goodwill amortization came to ¥4,947 million), up ¥1,265 million or 35.5% from the same period of the previous fiscal year. Ordinary profit came to ¥4,935 million, up ¥2,689 million or 119.7% from the same period of the previous fiscal year, due to improvement in share of profit of entities accounted for using equity method and foreign exchange gains. Profit attributable to owners of parent came to ¥1,649 million, up ¥1,037 million or 169.3% from the same period of the previous fiscal year.
|Basic Earnings Per Share(yen)||164.74||168.23||141.91||105.23||173.11|
|Capital Adequacy Ratio(%)||46.4||45.8||46.8||44.8||42.6|
These data are prepared based on the financial results reports.
The frequency of updates may change in accordance with changes to the format of the financial results reports.
Please see the financial results reports and other materials for detailed information regarding the settlement of accounts.
The contents of these data will not immediately reflect corrections to the financial results reports when announced.
While we pay due caution to the conversion of data for the posting, please note that there is a possibility that errors may occur in the information due to uncontrollable circumstances, such as the unauthorized alteration of contents by a third party or mechanical defects resulting from equipment malfunction.
Service provided by Nomura Investor Relations Co., Ltd.
Powered by ShareWith