Suzuki : Summary of Business Results for the Fiscal Year Ended June 2023 (Consolidated) (359KB)

Summary of Business Results for the Fiscal Year Ended June 2023

[Japan GAAP] (Consolidated)

			August 10 , 2023
C o m p a n y	Suzuki Co., Ltd.	Listed on the TSE
S t o c k C o d e	6785	URL: https://www.suzukinet.co.jp
Representative	Noriyoshi Suzuki, Representative Director and President
C o n t a c t	Hiromasa Homma, General Manager, Accounting Dept.	T E L: [phone]

Expected date of annual shareholders' meeting: September 28, 2023		Expected starting date of dividend payment: September 29, 2023
Expected date of filing of annual securities report: September 28, 2023
Preparation of supplementary financial document: Yes
Results briefing: Yes (for institutional investors and analysts)
																					（Rounded down to million y e n ）
１. Consolidated business results for the fiscal year ended June 2023
(July 1, 2022 through June 30, 2023)
(1) Consolidated results of operations											(% change from the previous corresponding period)
		Net sales				Operating income					Ordinary income			Net income attributable to
													owners of parent
		Million yen		%		Million yen			%	Million yen	%				Million yen			%
Year ended Jun. 2023	26,374			1.1			3,151			6.5		3,236	-4.0				1,956			-6.3
Year ended Jun. 2022	26,085		-			2,958			-4.5		3,371	-0.3				2,087			1.8
(Note) Comprehensive income:
Year ended June 2023: 2,388 million yen (-6.9%)
Year ended June 2022: 2,564 million yen (1.7%)
		Net income		Diluted net income			Return on			Ratio of ordinary		Ratio of operating
							income to total
		per share					per share				equity					income to net sales
											assets
					Yen						Yen			%						%				%
Year ended Jun. 2023	136.22				-						8.9				9.7							11.9
Year ended Jun. 2022	145.26				-						10.3				11.0							12.6
(Reference) Investment	earnings/loss on equity-	method:
Year ended June 2023: - million yen
Year ended June 2022: - million yen
(2) Consolidated financial position
		Total assets				Net assets					Shareholders' equity				Net assets per
												ratio							share
			Million yen					Million yen						%								Yen
As of Jun. 2023		34,428						23,552							66.6						1,598.35
As of Jun. 2022		32,262						21,714															1,473.96
(Reference) Shareholders' equity:
As of June 2023: 22,912 million yen
As of June 2022: 21,183 million yen
(3) Consolidated results of cash flows
		Cash flows from		Cash flows from					Cash flows from			Cash and cash equivalents
		operating activities		investing activities					financing activities					at the end of period
			Million yen					Million yen						Million yen						Million yen
Year ended Jun. 2023		3,877							-2,984								-521						4,211
Year ended Jun. 2022		4,121							-3,953								790						3,861
2. Dividends
						Annual dividend										Total					Dividend		Rate of total
																				dividend to
		End of		End of		End of												dividend			payout ratio
					Year-end				Total						net assets
										(Total)			(Consolidated)
		1Q			2Q		3Q											(Consolidated)
		Yen			Yen		Yen					Yen					Yen			Million yen					%			%
Year ended Jun. 2022	-			0.00	-				20.00		20.00				287					13.8			1.4
Year ended Jun. 2023	-			0.00	-				30.00		30.00				430					22.0			2.0
Year ending Jun. 2024	-			0.00	-				46.00		46.00									30.0
(forecast)

(Note) Revisions to dividend forecast for the current quarter: No

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14,404,400 shares

14,404,400 shares

(% change from the previous corresponding period)

3．Forecast of consolidated business results for the fiscal year ending June 2024 (July 1, 2023 through June 30, 2024)

	Net sales		Operating income	Ordinary income	Net income attributable	Net income
		to owners of parent	per share
	Million yen	%	Million yen	%	Million yen	%	Million yen	%	Yen
For the six months	13,888	1.7	1,536	-18.4	1,527	-25.0	936	-27.1	65.18
ending Dec 31, 2023
Year ending Jun.	29,592	12.2	3,608	14.5	3,591	-11.0	2,204	12.7	153.50
2024

※Notes

1. Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying

changes in the scope of consolidation): No

1. Changes in rules, procedures and indication methods of accounting process

① Changes in accounting policies associated with revision of accounting standards: ②Changes in accounting policies other than ①

③Changes in accounting estimates

④Restatement

1. Shares outstanding (common stock)

• Number of shares outstanding at the end of period (treasury stock included)

As of June 2023

As of June 2022

• Treasury stock at the end of period:

As of June 2023	69,202 shares
As of June 2022	32,575 shares

• Average number of stock during period (cumulative period)

14,364,408 sharesYear ended June 2023

Year ended June 2022

14,372,859 shares

(Reference) Summary of non-consolidated business results

1. Non-consolidated business results for the fiscal year ended June 2023

• None
• None
• None
• None

(July 1, 2022 through June 30, 2023)

(1) Non-consolidated results of operations				(% change from the previous corresponding period)
	Net sales			Operating income			Ordinary income	Net income
Year ended Jun. 2023	Million yen	%		Million yen	%		Million yen	%	Million yen	%
14,568	-2.7	1,663	-3.7		2,173	-4.0	1,604	-2.0
Year ended Jun. 2022	14,967	-	1,727	-8.6		2,264	-7.6	1,637	3.3
	Net income			Diluted net income per
	per share			share
Year ended Jun. 2023	111.72	Yen			Yen
	-
Year ended Jun. 2022	113.92		-
(2) Non-consolidated financial position
	Total assets			Net assets			Shareholders' equity	Net assets per
					ratio		share
	Million yen		Million yen			%		Yen
As of Jun. 2023	27,559			21,559		78.2		1,503.94
As of Jun. 2022	26,139			20,120		77.0		1,400.01

(Reference) Shareholders' equity:

As of June 2023:21,559 million yen

As of June 2022:20,120 million yen

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*Financial summary is not subject to auditing procedures by certified public accountants or auditing firms. *Explanation regarding appropriate use of business forecasts and other special instructions

Forecasts regarding future performance in this material are based on information currently available to the Company and certain assumptions that the company deems to be reasonable at the time this report was prepared. Actual results may differ significantly from the forecasts due to various factors.

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