KYB : Third Quarters of FY2022 (3Qs) Financial Information
February 07, 2023
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Third Quarters of FY2022 (3Qs)
Financial Information
February 8, 2023
KYB Corporation
(Stock Code: 7242; Prime Market of Tokyo Stock Exchange)
1
Summary
3Qs of FY2022 Performance Overview
Increase in Net Sales, decrease in Profits
Consolidated net sales increased approximately 11% due to yen depreciation.
Segment profits* and the following items decreased due to higher raw material prices and distribution costs caused by inflation.
*Segment profits correspond to operating profit in JGAAP.
FY2022 Forecast
Initial forecast remains unchanged
Demand is recovering due to the easing of the impact ofCOVID-19.
Respond to cost increases due to inflation.
Return to Shareholders
No change from the previous forecast announced in November 2022
Interim dividend: ¥70 per share
Year end dividend forecast: ¥70 per share
Annual dividend forecast: ¥140 per share
2
3Qs of FY2022 Financial Summary
IFRS
Differences
(¥ Billion)
3Qs of
3Qs of
Previous
FY2021
FY2022
period
actual
actual
Net sales
286.1
316.8
30.7
Segment profits*
18.9
16.9
(2.0)
Operating profit
23.3
20.4
(2.9)
Profit attributable to
17.4
15.0
(2.4)
owners of the parent
FOREX (Average) (¥)
JPY/ US$
111.10
136.53
JPY/ EUR
130.61
140.59
*Segment profits correspond to operating income in JGAAP.
3
3Qs of FY2022 Net Sales and Segment Profits
(¥ Billion)
AC
HC
Aircraft Components
Others
Total
Net Sales
3Qs of
3Qs of
FY2021
FY2022
Differences
actual
actual
173.5
203.6
30.1
102.1
102.7
0.6
2.9
3.3
0.4
7.6
7.2
(0.5)
286.1
316.8
30.7
Segment Profits
3Qs of
3Qs of
FY2021
FY2022
Differences
actual
actual
10.9
12.0
1.1
9.5
5.7
(3.8)
(2.2)
(1.1)
1.1
0.7
0.4
(0.4)
18.9
16.9
(2.0)
AC: Automotive Components
HC: Hydraulic Components
Others: Special-purpose vehicles, electronic components, etc.
4
3Qs of FY2022 Net Sales by Region
(¥ Billion)
286.1
40.6
20.9
28.0
26.1
47.9
122.6
3Qs of FY2021
actual
316.8
50.7
Other
26.8
Southeast
26.8
Asia
35.7
China
49.1
127.7
America
Europe
Japan
3Qs of FY2022
actual
Differences
Previous period
24.9%
28.2%
(4.3)%
36.6%
2.5%
4.2%
Overseas Sales Ratio
57.2% ⇒59.7%
5
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Disclaimer
KYB Corporation published this content on 08 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 February 2023 08:45:02 UTC.
KYB Corp is a Japan-based company mainly engaged in the manufacture and sale of hydraulic shock absorbers and hydraulic equipment, as well as the provision of services related to each business. The Company operates through three segments. The Automotive Components (AC) segment produces hydraulic equipment for automobiles, mainly hydraulic shock absorbers for automobiles and motorcycles, and power steering products. The Hydraulic Components (HC) segment produces industrial hydraulic equipment mainly for construction machinery, stage mechanisms, naval equipment, and vibration damping devices. The Aviation Equipment segment produces takeoff and landing gear, steering gear, and control equipment for aircraft. The Company also manufactures and sells concrete mixers, powder and granule transport vehicles, special function vehicles, and electronic equipment.
KYB CORPORATION 
