KOITO MANUFACTURING : Financial Results for FY 2017
June 07, 2017 at 08:35 pm EDT
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Financial Results for FY 2017 (Year Ending March 31, 2017)
May 11, 2017 (Thu.)
KOITO MANUFACTURING CO., LTD.
【Disclaimer with Respect to Forward-looking Statements】
This presentation contains forward-looking statements concerning KOITO MANUFACTURING CO., LTD. and its consolidated subsidiaries' future plans, strategies and performance. These forward-looking statements are not historical facts; rather they represent assumptions and beliefs based on economic, financial and competitive data currently available.
Furthermore, they are subject to a number of risks and uncertainties including, but not limited to economic conditions, worldwide competition in the automotive industry, market trends, foreign currency exchange rates, tax rules, regulations and other factors.
Koito therefore wishes to caution readers that actual results may differ materially from our expectations.
Ⅰ. Financial Results for FY 2017 (Year Ending March 31, 2017)
Ⅰ-(1) Consolidated Net Sales
(Compared to the previous fiscal year)
(1/9)
(" billion)
FY 2016
FY 2017
Change
Remarks
(15/4~16/3)
% t o t ot a l
(16/4~17/3)
% t o t ot a l
YoY
KOITO
MANUFACTURING ( KMC)
270.8
28.0
297.7
29.2
26.9
109.9
・Domestic automobile production volume (9.19 million → 9.32 million vehicles 101.5%)
・Increase in unit price led by LED adoption
Japan
KOITO Group
138.5
158.2
19.7
114.2
KI Group
43.9
41.5
△2.3
94.5
・Decrease in information board, etc.
Subtotal
182.4
18.9
199.7
19.6
17.3
109.5
The e ffec t o f Forex
without Forex
Over s eas
Americas
169.0
177.9
8.9
105.3
△21.6
118.1
・Increase at Toyota and Honda
Europe
35.2
32.0
△3.1
91.0
△5.6
106.9
・Increase at Suzuki
China
211.5
213.4
1.9
100.9
△37.8
118.8
・Increase at VW and Nissan
Asia
84.2
89.0
4.8
105.7
△8.9
116.4
・Increase at Toyota
KI Group
13.0
9.3
△3.6
71.5
△1.6
84.3
・Decrease in railroad car equipment
Subtotal
513.0
53.1
521.8
51.2
8.8
101.7
△75.7
116.5
Total
966.3
100.0
1,019.4
100.0
53.1
105.5
FY 2016 FY 2017
US Dollar 120.2 108.7 Chinese Yuan 18.9 16.1
Elimination
△152.8
△178.0
△25.1
Consolidated
813.4
841.4
27.9
103.4
△75.7
112.8
Koito Manufacturing Co. Ltd. published this content on 11 May 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 08 June 2017 00:35:29 UTC.
Original documenthttp://www.koito.co.jp/english/global-image/news/pdf/201706080927212087810891593899e968054.pdf
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KOITO MANUFACTURING CO., LTD. is mainly engaged in the manufacture and sale of automotive lighting equipment, aircraft parts, railway vehicles parts, electrical equipment and measuring equipment. The Company mainly operates in six segments, including Japan, China, Asia, North America, Europe and Others. The Companyâs major products include light-emitting diode (LED) head lamps, discharge head lamps, headlights, sign lamps, high mount stop lamps, halogen bulbs, miniature bulbs and other lamp fittings, control equipment for rail vehicles, roads traffic signals, traffic control systems, roads and tunnels illumination lamps, facilities illumination lamps, accommodation equipment, aircraft parts, electronic parts, head lamps cleaners, sheets for aircraft and rail vehicles, as well as environment control equipment. The Company is also engaged in the development and manufacture of forward monitoring operation support systems for advanced driver-assistance systems (ADAS) through subsidiary.