Financial Results for FY2022

May 10, 2023 Sumitomo Riko Company Limited

1. Consolidated StatementsIFRS (from April 1, 2022 to March 31, 2023)

1) Consolidated Profit/loss

(100 millions of yen)

FY2021

FY2022

Year on year growth

Net sales

4,460

5,410

+950

+21.3%

Business profit

65

179

+114

x 2.8

Other income and expenses

54

13

+40

-

Operating profit

11

166

+155

x 14.9

Financial income and expenses

7

17

-9

-

Profit before income taxes

4

149

+145

x 38.5

Income tax expense

46

62

-17

-

Profit for the year

42

87

+129

-

Profit attributable to owners

64

67

+130

-

of the parent company

Non-controlling interests

22

20

-2

-8.3%

(Note) Business profit is presented by subtracting Cost of sales and Selling, general and administrative expenses

from Net sales, and by adding Equity in earnings/losses of associates.

2) Results by Business Segment

(100 millions of yen)

FY2021

FY2022

Year on year growth

Net sales

Automotive Products

3,868

4,803

+934

+24.2%

General Industrial Products

591

607

+16

+2.7%

Consolidated Total

4,460

5,410

+950

+21.3%

Business

Automotive Products

20

148

+128

x 7.3

profit

General Industrial Products

45

31

-14

-30.5%

Consolidated Total

65

179

+114

x 2.8

3) Results by Geographical Segment

(100 millions of yen)

FY2021

FY2022

Year on year growth

Net sales

Japan

1,915

2,063

+149

+7.8%

Americas

989

1,473

+485

+49.1%

Asia

1,677

1,895

+218

+13.0%

Europe and Others

480

613

+133

+27.8%

Eliminations or Corporate

600

635

-35

-

Consolidated Total

4,460

5,410

+950

+21.3%

Business

Japan

16

20

+4

+24.6%

profit

Americas

76

31

+106

-

Asia

149

156

+7

+4.6%

Europe and Others

18

25

-7

-

Eliminations or Corporate

7

3

+3

-

Consolidated Total

65

179

+114

x 2.8

(Note) Before elimination of intersegment transactions. Monetary amounts and percentage figures are rounded off to the nearest specified unit.

4) Exchange Rate (Average Rate)

FY2021

FY2022

Year on year growth

Yen/USD

112.39

135.48

+23.09

+20.5%

Yen/EUR

130.57

140.99

+10.42

+8.0%

Yen/RMB

17.51

19.75

+2.24

+12.8%

Yen/THB

3.44

3.85

+0.41

+11.9%

Yen/MXN

5.53

6.90

+1.37

+24.8%

Yen/BRL

21.11

26.31

+5.20

+24.6%

(Note) Monetary amounts and percentage figures are rounded off to the nearest specified unit.

2. Consolidated results forecast (from April 1, 2023 to March 31, 2024)

Net sales Business profit Other income and expenses Operating profit Financial income and expenses Profit before income taxes Income tax expense Profit for the year

Profit attributable to owners of the parent company

Non-controlling interests

Forecast for

Forecast

FY2023 Q2

for

(Six-month period)

FY2023

2,700

5,600

60

200

0

9

60

191

17

34

43

157

32

67

11

90

0

68

11

22

(100 millions of yen)

Year on year growth

(FY2022)

+190

+3.5%

+21

+11.9%

+4

-

+25

+15.3%

-17

-

+8

+5.3%

-5

-

+3

+3.6%

+1

+1.8%

+2

+9.6%

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Sumitomo Riko Company Limited published this content on 10 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 May 2023 03:05:01 UTC.