Suzuki : Summary of Business Results for the Second Quarter Ended December 31, 2022 (Consolidated) (258KB)

Summary of Business Results for the Second Quarter Ended December 31, 2022

[Japan GAAP] (Consolidated)

February 9, 2023

Company

Suzuki Co., Ltd.

Listed on the TSE

Stock Code

6785

URL: https://www.suzukinet.co.jp

Representative

Noriyoshi Suzuki, Representative Director and President

Contact

Hiromasa Homma, General Manager, Accounting Dept.

T E L: [phone]

Expected date of filing of quarterly report: February 13, 2023

Expected starting date of dividend payment: - Preparation of

quarterly supplementary financial document: Yes

Quarterly results briefing: Yes

（Rounded down to million yen）

１. Consolidated business results for the six months ended December 2022

(July 1, 2022 through December 31, 2022)

(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

%

Six months ended Dec. 2022

13,662

4.6

1,882

21.1

2,035

26.4

1,284

39.2

Six months ended Dec. 2021

13,056

-

1,554

-6.9

1,610

-5.3

922

-11.2

(Note) Comprehensive income

Six months ended December 2022: 1,320 million yen (-16.6%)

Six months ended December 2021: 1,584 million yen (32.6%)

Net income

Diluted net income per

per share

share

Yen

Yen

Six months ended Dec. 2022

89.34

-

Six months ended Dec. 2021

64.20

-

(2)Consolidated financial position

Total assets

Net assets

Shareholders' equity

ratio

Million yen

Million yen

%

As of Dec. 2022

35,323

22,533

62.3

As of Jun. 2022

32,262

21,714

65.7

(Reference) Shareholders' equity:

As of December 2022: 22,020 million yen

As of June 2022: 21,183 million yen

2. Dividends

Annual dividend

End of 1Q

End of 2Q

End of 3Q

Year-end

Total

Year ended Jun. 2022

Yen

Yen

Yen

Yen

Yen

-

0.00

-

20.00

20.00

Year ending Jun. 2023

-

0.00

Year ending Jun. 2023 (forecast)

-

25.00

25.00

(Note) Revisions to dividend forecast for the current quarter: None

3．Forecast of consolidated business results for the fiscal year ending June 2023

(July 1, 2022 through June 30, 2023)

(% change from the previous corresponding period)

Net sales

Operating income

Ordinary income

Net income attributable to

Net income per

owners of parent

share

Million yen

%

Million yen

%

Million yen

%

Million yen

%

143.50

Yen

Year ending Jun. 2023

29,684

13.7

3,235

9.4

3,236

-4.0

2,062

-1.2

(Note) Revisions to business forecast for the current quarter: None

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*Notes

1. Changes in significant subsidiaries during the period (changes in specified subsidiaries accompanying changes in the scope of consolidation): Yes
2. Application of accounting procedures specific to preparation of the consolidated quarterly financial statements: None
3. Changes in accounting policies, accounting estimates and restatement

① Changes in accounting policies associated with revision of accounting standards:	: None
②Changes in accounting policies other than ①	: None
③Changes in accounting estimates	: None
④Restatement	: None

1. Shares outstanding (common stock)

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

As of December 2023	14,404,400 shares
As of June 2022	14,404,400 shares

• Treasury stock at the end of period

As of December 2023	21,202 shares
As of June 2022	32,575 shares

• Average number of stock during period (quarterly cumulative period)

Six months ended December 2022	14,375,402 shares
Six months ended December 2021	14,373,197 shares

*The quarterly financial summary is not subject to quarterly reviews 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. The Company does not make promises about the achievements. Actual results may differ significantly from the forecasts due to various factors.

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